New User Register Here. US jobs report shores up markets but oil weakens further. Aussie, Canadian dollar trim losses as oil prices recover. Gold recovers on global cues, silver eases. Mumbai, May 5 After three consecutive losses, gold prices recovered slightly here on stray local buying interest at existing lower levels and mild stockist and investors offtake, mirroring recovery in global market Dollar stays weak against Euro and Sterling in early US session as non-farm payroll risk is cleared Futures rise slightly after strong jobs data.
US Dollar holds on near Treasuries erased losses, while the dollar pared gains as a rebound in hiring came with a slowdown in wage growth US economy grew at 0. Imperial Oil posts profit on higher crude prices. Global stocks subdued amid Korea jitters, economic reports. Global stock markets were subdued Friday amid renewed jitters over North Korea and conflicting signals from President Donald Trump about U Investors brace for GDP showdown.
Asian equities were vulnerable to losses amid the cautious trading sentiment, with negative momentum already limiting gains in European markets European stocks fall for second day as euro rises. European stocks posted mild losses Friday, with investors pushing up both the euro and the pound against the dollar following top-tier economic data for the eurozone and the UK, but remained on track to finish April trade with gains, MarketWatch reports Dollar drifts down as euro, pound power higher after data.
April 28 Reuters - Canada's main stock index futures were trading higher on Friday as oil prices rebounded after dropping to a one-month low the previous day Oil rebounds from one-month low on hopes for output cut extension.
OPEC Secretary-General Mohammad Barkindo said April 27 that an overhang in global oil inventories was declining but stockpiles still needed to fall closer to the five-year industry average GDP to slow as consumers crack down on spending. Jobless claims rise, but four-week average at two-month low. The number of Americans filing for unemployment benefits rose more than expected last week, but the four-week average of claims fell to a two-month low, indicating that labor market conditions continue to tighten Statement from Draghi at press conference.
Based on our regular economic and monetary analyses, we decided to keep the key ECB interest rates unchanged ECB says economy continues to improve and risks are diminishing.
Dollar index erases gains after U. Crude oil prices drop with stocks on Trump tax proposal Int'l Oil Summit in Paris eyed for clues about supply trends Risk aversion may trim bond yields, help gold extend gains Crude oil prices roared higher after EIA inventory data showed stockpiles shed Euro dips as ECB leaves interest rates unchanged.
The euro briefly dipped on Thursday after the European Central Bank left interest rates unchanged and made no adjustments to its monetary guidance Oil prices fall after Libyan oilfields restart. Jobless claims jump to one-month high of , Asian stocks climb on hopes for U. Oil prices decline amidst rising US crude stocks.
Oil prices have declined according to newly released data from the American Petroleum Institute API , which also highlighted an increase in US crude inventories Oil prices slip on bulging U. Oil Prices Fall on U. Euro Weakens Against Majors. Global stocks mixed as investors await Trump tax cut plan.
Euro pulls back after France-led surge. Bloomberg -- Confidence on a brighter outlook for developing nations has turned traders increasingly bullish on local-currency risk Canadian March Consumer Prices Rose 0.
Global stocks mixed ahead of French vote. European stocks declined while most Asian markets rose Friday ahead of the first round of voting in France's closely watched presidential election Canadian dollar weakens after inflation data miss views.
US dollar ends dearer against rupee. Euro zone economy races into Q4 with bumper growth - PMI. The euro zone economy bounded into the second quarter with strong broad-based growth, according to a survey showing businesses increased activity at the fastest rate for six years as new orders stayed robust Bloomberg Gadfly -- Europe's banks are exposed to a lot of political cross-fire this earnings season UK retail sales post biggest quarterly fall since British retail sales posted their biggest quarterly fall in seven years during the first three months of , as rising prices since last year's Brexit vote put more pressure on consumers, official data showed on Friday Tight France race leaves investors grasping for direction Political risk reflected by elevated stocks volatility French bonds relinquished early gains and the euro weakened before the nation goes to the first round of voting that puts the future of the common currency at play Dollar gains against euro ahead of French election; sags versus yen.
The dollar gained versus the euro and against most leading rivals on Friday ahead the first round on Sunday of a tight French presidential race that likely holds implications for the eurozone economy April 21 Reuters - Canada's main stock index was set for a modestly lower opening on Friday after oil prices fell over doubts that OPEC-lead production cut will restore balance to an oversupplied market OPEC rhetoric has had little market impact with the main market focus still on risks posed by increased US production and the high level of inventories Silver prices are ending the week on a whimper, as high prices attracted profit-taking ahead of a French presidential election with major geopolitical implications OPEC cut doubts put oil on track for biggest weekly drop in a month.
Oil looking for EIA input following the surge. Crude oil stabilising back into tight range ahead of EIA report Three-week surge underpinned by geopolitical jitters and short covering Expectations are for a Global stocks mixed after UK announces snap election. RBI sets rupee reference rate at The Reserve Bank of India today fixed the reference rate of the rupee at Gold slips as dollar rises, but geopolitical worries support.
April 19 Reuters - Canada's main stock index was set to start higher on Wednesday as oil prices rose after OPEC reaffirmed its commitment to erode a glut that has dogged markets since The US dollar had been weak against the yen but managed to gain some ground on Monday after United States Secretary of the Treasury, Steven Mnuchin, said that a strong dollar would definitely be a good thing over a longer stretch of time Stocks Fall as Goldman Earnings Disappoint: There was some disappointment surrounding the API inventories data and mixed messages from OPEC, but oil prices have gained net support from improved risk conditions and wider recovery in commodity prices JSE all share largely unchanged at midday as gold shares reduce losses.
Euro propped up by weak dollar, sterling near 6-month high. Gold Firmer, Hits 5-Mo. High, On Safe-Haven Demand. Kitco News - Gold prices are modestly up and hit another five-month high in early U Dow Jones Industrial Average DJIA futures are signaling another down day for stocks, as geopolitical risks continue to dominate the conversation ahead of the long Easter weekend Yen holds near multi-month highs as risk-aversion persists.
By Ritvik Carvalho and Jemima Kelly LONDON The safe-haven yen steadied on Wednesday after its biggest one-day rise in three months against the dollar, as worries over geopolitical tensions checked investors' risk appetite After ending the previous session modestly lower, stocks have show a lack of direction in early trading on Wednesday Wall Street set to open flat; geopolitics, earnings in focus.
Gold holds gains, US Treasury yields at lows for the year. A break in alarming political news lifted European stocks on Wednesday and cooled a safe-haven rally that saw the yen and gold at five-month highs and top-rated government bond yields at their lowest this year Gas prices leap 8 cents in Winnipeg.
US dollar ends higher against rupee. Brent oil rises for eighth day on possible extension to supply cut. Dollar Mixed Ahead Of U. Import And Export Prices.More...