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Australia & New Zealand

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  • *Barclays sees modest copper surplus, prices to avg $6,300 for Q2. MELBOURNE, June 2- Copper prices held near $6,000 a tonne on Tuesday, as bleak global factory growth data indicated a muddy outlook for metal consumption over what is typically the stronger quarter of the year for seasonal demand. Manufacturing activity showed few signs of picking up across Europe,...

  • DIARY- Top Economic Events to June 15 Monday, 1 Jun 2015 | 8:01 PM ET

    WASHINGTON- Federal Reserve Board Governor Lael Brainard speaks on the U.S. economic outlook and monetary policy at the Center for Strategic and International Studies- 1400 GMT. PARIS- Organisation for Economic Cooperation and Development Forum 2015. PARIS- European Central Bank board member Daniele Nouy speaks at the panel discussion "Unlocking...

  • Matt Zeller, director of market information at INTL FCStone said in a note to clients. Chicago Board of Trade soft red winter wheat for July delivery settled up 16-3/ 4 cents at $4.93-3/ 4 a bushel. K.C. July hard red winter wheat futures were 15-1/ 2 cents higher at $5.14-1/ 4 a bushel and MGEX July spring wheat was 17-1/ 4 cents higher at $5.48 a bushel.

  • LONDON, June 1- The euro tumbled on Monday after Greece missed a self-imposed Sunday deadline for reaching an agreement with its lenders to unlock aid, keeping alive fears of a debt default and potential exit from the euro zone. Athens and its euro zone and International Monetary Fund creditors have been locked in talks for months, with the single currency...

  • *Greece's ongoing woes, downbeat U.S. data hit sentiment. TOKYO, June 1- Asian shares slipped early on Monday as persistent fears about Greece's precarious financial situation and downbeat U.S. data sapped confidence. MSCI's broadest index of Asia-Pacific shares outside Japan was down about 0.5 percent in early trading, while Japan's Nikkei stock index gave up...

  • BERLIN, May 29- Chancellor Angela Merkel tried to drum up support in Germany for the Transatlantic Trade and Investment Partnership ahead of the G7 summit she is hosting in June, saying in an interview on Saturday she hopes it will be finalized by 2017.. "It's important for me that the transatlantic free trade keeps pace with the Pacific region," Merkel said,...

  • *EPA cuts ethanol quotas, raises biodiesel targets. *Soyoil surge lifts soybeans, corn slumps on EPA news. The EPA on Friday unveiled much-anticipated targets for the blending of renewable fuels into motor fuel for the three years to 2016, trimming ethanol quotas for this year and next but raising targets for biomass-based diesel.

  • *China nickel premiums firm on prospect ShFE lists global brands. *China easing measures seen supporting demand in H2- analyst. LONDON, May 29- Aluminum prices slid on Friday on continued worries about output from China swamping the global market, notching its biggest monthly decline in more than 2-1/ 2 years.

  • *China nickel premiums firm on prospect ShFE lists global brands. *China easing measures seen supporting demand in H2- analyst. LONDON, May 29- Aluminium prices slid on Friday on continued worries about output from China swamping the global market and was on track for its biggest monthly decline in over 2-1/ 2 years.

  • PARIS, May 29- A heritage committee of the UNESCO cultural agency stopped short on Friday of placing Australia's Great Barrier Reef on an "in danger" list, but raised long-term concerns about its future. It is not a reprieve- it is a big, red flag from UNESCO, " Shani Tager, Greenpeace Australia Reef campaigner, said of the Heritage Committee decision.

  • *China nickel premiums firm on prospect ShFE lists global brands. *China easing measures seen supporting demand in H2- analyst. LONDON, May 29- Aluminum slid on Friday on continued worries about heavy output from China swamping the global market and was on track for its biggest monthly decline in over 2-1/ 2 years.

  • WELLINGTON, May 29- New Zealand's central bank has announced new mortgage regulations for lenders, requiring them to hold more capital against loans to residential property investors, in an attempt to curb risky lending as house prices hit record highs. The new rules are the latest measures designed to tame risky mortgage lending as the RBNZ worries that a...

  • DIARY- Top Economic Events to June 11 Thursday, 28 May 2015 | 8:01 PM ET

    SOFIA- European Central Bank board member Yves Mersch speaks at the Bulgarian Authorities 2015 IMF/World Bank Constituency Meetings- 1100 GMT. BARCELONA, Spain- European Central Bank board member Vitor Constancio speaks at the XXXI Reunion Circulo de Economia- 0730 GMT. HARTFORD, United States- Federal Reserve Bank of Boston President Eric Rosengren speaks...

  • NEW YORK, May 28- The dollar climbed to a 12-1/ 2- year high against the yen on Thursday before pulling back as investors bet that U.S. interest rates will rise later this year while Japan's monetary policy remains ultra-loose. This reminds investors U.S. rates are moving up later this year and has revived the dollar's appeal since last week, "said Omer Esiner, chief...

  • METALS-Copper, aluminium recover from losses on dollar Thursday, 28 May 2015 | 12:10 PM ET

    *China infrastructure spend could boost metals in H2- analyst. LONDON, May 28- Copper and aluminium recovered from recent losses on Thursday as the dollar weakened against the euro and optimism grew over a Greek debt deal, but some analysts were cautious over whether gains could be sustained due to plentiful supplies. One of the reasons is because the dollar has...

  • FOREX-Dollar rises to 12-1/2-year peak vs yen Thursday, 28 May 2015 | 11:23 AM ET

    *Dollar hits highest vs yen since December 2002. NEW YORK, May 28- The dollar climbed to a 12-1/ 2- year high against the yen on Thursday as investors bet that U.S. interest rates will rise later this year while Japanese monetary policy remains ultra-loose. This reminds investors U.S. rates are moving up later this year and has revived the dollar's appeal since last...

  • FOREX-Rallying dollar powers to 12-1/2-yr high vs yen Thursday, 28 May 2015 | 8:20 AM ET

    *Dollar touches 124.36 yen, highest level since December 2002. LONDON, May 28- The dollar powered to a 12-1/ 2- year high against the yen on Thursday, as investors bet that U.S. interest rates will rise later this year while monetary policy remains ultra-loose in Japan. The dollar soared to 124.36 yen as a rise in Tokyo stocks also helped to boost risk appetite and hurt...

  • LONDON, May 28- Copper and aluminum recovered from recent losses on Thursday as the dollar weakened and optimism grew over a Greek debt deal, but some analysts were cautious that gains could be sustained due to plentiful supplies. One of the reasons is because the dollar has stopped appreciating, in the short term at least, "said Stephen Briggs, metals strategist at...

  • The greenback soared as high as 124.30 yen, as a rise in Tokyo stocks also helped to boost risk appetite and hurt the safe-haven yen, which has been under pressure from the Bank of Japan's aggressive monetary stimulus since 2013.. Against the euro, the dollar weakened by 0.4 percent to $1.0948 after European Central Bank Governing Council member Ewald Nowotny...

  • *Share markets in China, Hong Kong, Australia skid. *Uncertainty on Greece keeps investors hopeful but wary. TOKYO, May 28- An index of Asian shares fell on Thursday as the Chinese, Hong Kong and Australian markets slipped, while the dollar scaled its highest level against the yen since 2002 on expectations the U.S.