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  • *Saudis consider halt to Yemen bombing for humanitarian aid. LONDON, May 5- Brent crude oil steadied above $66 a barrel on Tuesday, just below its 2015 high, after protesters shut down the eastern Libyan oil port of Zueitina, hampering exports. Brent crude oil was down 5 cents at $66.40 a barrel by 0800 GMT, after touching a 2015 high of $67.10 on Monday.

  • Ongoing caution over Greece hinders euro zone. GLASGOW, May 5- Shares of Swiss bank UBS were the top performers in Europe on Tuesday, rising on the back of its highest quarterly profit in nearly five years, as gains for non-euro zone shares helped European stocks into positive territory. The pan-European FTSEurofirst 300 index was up 0.5 percent at 0756 GMT, though...

  • FOREX-Dollar hits back after grim April Tuesday, 5 May 2015 | 4:04 AM ET

    LONDON, May 5- The dollar recovered a footing against a range of major currencies on Tuesday, with gains of around half a percent against the euro halting its worst run in four years. The Aussie dollar was also sharply higher after the Reserve Bank of Australia hinted its cycle of interest rate cuts may be over for now after easing by another quarter percentage...

  • Hong Kong's Hang Seng slumped 1.2 percent to 27,786.23 and the Shanghai Composite Index in mainland China lost 2.1 percent to 4,388.13 as initial optimism faded over possible further stimulus after poor factory data on Monday. Benchmarks in Taiwan and Singapore fell while New Zealand's rose. Australia's economy is struggling as growth slows in China, its...

  • MELBOURNE, May 5- London nickel edged to its highest level in five weeks on Tuesday as prospects of tighter supply and a technical rally drove a recovery from last month's six year lows. London copper slipped from near four month highs as markets more broadly digested a stream of weak global factory reports that may push monetary officials in the U.S. and China to...

  • MELBOURNE, May 5- London copper drifted on Tuesday but held near four month highs as markets digested a stream of weak global factory reports that may push monetary officials in the U.S. and China to maintain easier policies. *The most-traded July copper contract on the Shanghai Futures Exchange added 0.6 percent to 45,730 yuan a tonne in the early session.

  • Treasuries prices fell on Monday, with the long-end of the curve suffering the most of the sell-off and extending the prior week's declines amid low trading volumes because of holidays in Tokyo and London. Analysts said a combination of factors affected the 30- year Treasury, including negative yields in Europe and a drop in demand for new bonds, plus hints of...

  • *Volcafe raises Brazil coffee crop forecast. NEW YORK, May 4- Raw sugar futures on ICE tumbled 3 percent on Monday, pressured by the weak currency in Brazil, the world's biggest sugar producer, while arabica coffee fell to a seven-week low after an influential trade house raised a key crop forecast. It makes the ethanol price fall so sugar's basically tracking it, "...

  • Treasuries prices turned slightly negative while hewing to narrow ranges on Monday, marking a mixture of consolidation from last week's sharp decline and low trading volumes given holidays in Tokyo and London. I think the market is looking for some stability and toward Friday's payrolls data, "said Justin Lederer, an interest rate strategist at Cantor...

  • *Upbeat German data helps push Europe shares higher. NEW YORK, May 4- Global equity markets rose on Monday, lifted by the biggest gain in U.S. factory orders in eight months and solid manufacturing data in Germany, while German bund yields rose as investors shook off deflation fears that had gnawed European bonds. When viewed with a report from the European Central...

  • NEW YORK, May 4- The dollar edged higher on Monday in thin trading after a two-week drop tied to data suggesting the U.S. economy might be stabilizing following a soft patch in the first quarter. The greenback moved in tight ranges against major currencies as trading was thinned by market holidays in Britain and Japan. The dollar should tread water or soften going...

  • Cognizant Technology Solutions, a technology consulting business, was the biggest gainer in the Standard& Poor's 500 index after it reported earnings that beat the expectations of Wall Street analysts and raised its outlook for earnings and sales for the year. Tyson Foods, the maker of Jimmy Dean sausage products, was another company whose stock gained after...

  • NEW YORK, May 4- U.S. Treasuries prices were modestly higher on Monday, hewing to narrow ranges on a combination of consolidation from last week's sharp decline and low trading volumes given holidays in Tokyo and London. "A lot of U.S. data this week and I've been thinking the front-end will be more informative, because if you do get a pickup in data over this week, then...

  • *Gold snaps 3- day losing streak, but still below $1,200. London, May 4- Gold rose on Monday as prices rebounded from the previous session's six-week low, but remained under pressure as the dollar firmed and buyers remained cautious on the timing of a U.S. interest rate hike. Spot gold was up 0.4 percent at $1,182.80 an ounce at 0926 GMT, while U.S. gold futures for June...

  • LONDON, May 4- European shares rose on Monday, led higher by Germany after upbeat factory activity, while the dollar steadied following signs the U.S. economy may be emerging from a recent soft patch. Euro zone powerhouse Germany's manufacturing sector lost some momentum in April but continued to expand while in France the sector's final PMI showed activity...

  • LONDON, May 4- Euro zone manufacturing growth eased in April but factories raised prices for the first time in eight months, according to a survey that also showed headcount rose at the fastest pace in nearly four years. Any signs of inflationary pressure will be welcomed by the European Central Bank, particularly as it only had a marginal impact on growth.

  • LONDON— Global stocks rose sharply Monday at the start of a potentially big week for markets as they tracked an end-of-week rebound on Wall Street. Monday's gains in Europe followed Friday's strong performance on Wall Street when the Dow rose 1 percent at the S&P gained 1.1 percent. GREECE PROGRESS: Officials said Greece made progress with its creditors over...

  • NYMEX-U.S. crude edges away from 2015 high Sunday, 3 May 2015 | 8:08 PM ET

    TOKYO, May 4- U.S. crude oil futures dipped from 2015 highs and towards $59 a barrel in early Monday trading, after posting the biggest monthly gain in six years in April. *U.S. crude for June delivery was down 10 cents at $59.05 a barrel by 0000 GMT. *Trading activity was expected to be low on Monday as London, Europe's main oil dealing hub, is closed due to a public holiday.

  • Reflecting this uncertainty, analyst valuations vary widely, with Morgan Stanley predicting it may start with a market worth of A $8.5 billion and Investec around $12 billion. But if commodity prices are weak, it's going to be a bit more problematic, "said Paul Xiradis, chief executive of Ausbil Investment Management, a BHP Billiton Ltd shareholder.

  • LONDON— Britain's retailers might just be rejoicing as much as Kate and Wills about the birth of a new baby princess. "The royals having a baby girl is most likely to result in a financial windfall for everyone— U.K. tourism and retailers alike," said Tonya Williams Bradford, a marketing expert at the University of Notre Dame in Indiana. People want to copy what the...