Oil jumps 4 percent after stockpile data; dollar gains| Reuters
Apr 21, 2016 at 03:30 | Source:
NEW YORK Oil prices jumped on Wednesday as government data showed U.S. crude stocks rose slightly less than expected last week, while the U.S. dollar advanced against the euro ahead of Thursday's European Central Bank meeting.U.S. stocks climbed as a...
Gold retreats as dollar firms; silver hits 11-month high| Reuters
Apr 21, 2016 at 00:30 | Source:
LONDON Gold prices eased on Wednesday as a firmer dollar halted the previous day's rally, while silver held near an earlier 11-month peak, boosted by technical momentum and perceptions it is undervalued versus gold. The price of silver has climbed...
Asia shares touch six-month top, dollar on defensive | Reuters
Apr 20, 2016 at 06:45 | Source:
SYDNEY Asian shares reached six-month peaks on Wednesday as a falling U.S. dollar and fading concerns about China lifted commodity prices and risk appetite generally.MSCI's broadest index of Asia-Pacific shares outside Japan added 0.4 percent to terr...
Precious metals soar as dollar slumps after U.S. data | Reuters
Apr 20, 2016 at 01:45 | Source:
NEW YORK/LONDON Gold rose as much as 2 percent, silver hit a 10-month high and platinum climbed to its highest in six months on Tuesday, as the dollar weakened after U.S. data came in below forecasts. U.S. housing starts fell more than expected in Ma...
Oil gains on Kuwait strike; global shares highest since December | Reuters
Apr 20, 2016 at 01:30 | Source:
NEW YORK Oil prices rose on Tuesday following a workers' strike in Kuwait, while a global stock index hit its highest level since early December as signs of economic stabilization in China lifted demand for riskier assets.The rise in crude prices dro...
Asian shares rise on tentative bounce in crude oil| Reuters
Apr 19, 2016 at 06:45 | Source:
TOKYO Asian share markets rose on Tuesday, taking their cue from gains on Wall Street after a strike in Kuwait helped spark a recovery in crude oil prices. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was up 0.5 percent.Ja...
Brazil's Rousseff vows to fight on after impeachment defeat| Reuters
Apr 19, 2016 at 04:46 | Source:
BRASILIA Brazil's President Dilma Rousseff vowed on Monday to fight impeachment tooth-and-nail in the Senate after a heavy defeat in the lower house of Congress raised the likelihood of an end to 13 years of leftist rule in Latin America's largest ec...
Oil falls after Qatar meeting disappoints; stocks up| Reuters
Apr 19, 2016 at 03:15 | Source:
NEW YORK Oil prices slumped on Monday after producers failed to agree on a plan to curb global supply at a meeting in Qatar, while world stock markets edged higher.Wall Street and European stocks rebounded modestly after earlier losses spurred by the...
Oil steadies as Kuwait strike offsets scuttled output-freeze plan| Reuters
Apr 19, 2016 at 00:30 | Source:
NEW YORK Oil prices steadied on Monday after a Kuwaiti workers' strike slashed the country's oil output by more than half, offsetting worries about a scuttled plan by major oil producers to freeze production.The strike cut more than 60 percent Kuwait...