*Russia restarts military exercise near Ukraine border. NEW YORK, March 13- Brent crude futures fell on Thursday as weaker-than-expected Chinese economic data offset worries about supply disruptions prompted by the stand-off between Russia and Western powers over Ukraine.» Read More
BRENT CRUDE OIL FUTURES FALL MORE THAN $1 ON WEAK CHINESE ECONOMIC DATA.
The Futures Now team discusses the hit to crude and copper over the last 2 weeks.
Another day, another batch of weak data from China that fell short of market expectations.
LONDON, March 13- Arabica coffee futures rose and traded near a two-year high, underpinned by concerns over drought in Brazil, while cocoa edged up on expectations of a global deficit and firm demand.
NEW YORK, March 13- U.S. stock index futures added to gains after data showed weekly initial jobless claims fell to a three-month low and retail sales rose slightly more than anticipated in February.
*Ukraine tensions continue, Merkel warns Russia. NEW YORK, March 13- U.S. stock index futures advanced modestly on Thursday, putting the S&P 500 on track for a second day of gains, ahead of data on the labor market and consumer spending. *Advances were held in check by another round of limp data out of China, the world's second-biggest economy.
*China's Jan-Feb economic activity cools to multi-yr lows. SINGAPORE, March 13- Brent futures held above $108 a barrel on Thursday as investors focused on risks from the unfolding crisis in Ukraine, which overshadowed latest China data showing factory output in the world's second-biggest oil consumer lagged forecasts.
SINGAPORE, March 13- Brent futures inched higher on Thursday, holding above $108 a barrel, as investors focused on risks from the unfolding crisis in Ukraine and as OPEC raised its 2014 global oil demand growth forecast for a second straight month. Brent crude rose 24 cents to $108.26 by 0203 GMT, after ending 53 cents down at its lowest in a week.
*Shanghai copper to retrace to 44,090 yuan. SINGAPORE, March 13- Shanghai and London copper futures gave up early gains on Thursday, sitting not far off multi-year lows on concerns about China's economic slowdown and high inventory in the world's top consumer of the industrial metal.
TOKYO, March 13- Japanese government bond prices slipped on Thursday, while JGB futures briefly fell as much as one point, on what appeared to be a single order, before paring losses. The Bank of Japan offered to buy a total of 570 billion yen in JGBs in two operations.
*Asian shares on defensive as China fears rattle commodities. SINGAPORE, March 13- Brent futures inched higher on Thursday, holding above $108 a barrel, as investors focused on risks from the unfolding crisis in Ukraine and as OPEC raised its 2014 global oil demand growth forecast for a second straight month.
SINGAPORE, March 13- Shanghai and London copper futures regained strength on Thursday after plunging to multi-year lows in the previous session but concerns about China's economic slowdown could cap gains as investors await a fresh batch of data.
SINGAPORE, March 13- U.S. crude futures held steady at around $98 a barrel in early Asian trade on Thursday, after plunging more than 2 percent in their biggest drop in two months overnight as investors turned their focus to the unfolding geopolitical crisis in Ukraine.
NEW YORK/ LONDON, March 12- New York coffee futures reversed course on Wednesday after setting a two-year high on weather-related concerns over output in top grower Brazil before edging lower as investors cut risk. The second-month ICE contract climbed to a two-year high of $2.0975 per lb before closing down 0.35 cent, or 0.2 percent, at $2.0530 per lb.
The Futures Now team discusses whether the rise in gold was sparked by the Ukrainian conflict.
Oil supplies have risen much faster than expected, and that's putting serious pressure on crude.
CRUDE OIL FUTURES FALL MORE THAN $2 AFTER REPORT OF EXPECTED DRAW FROM SPR; LARGE BUILD IN U.S.
There is worry that the recent decline in copper and China's economic woes might be the start of a wider correction.
AND BRENT CRUDE FUTURES EXTEND LOSSES AFTER REPORT OF EXPECTED U.S.
LONDON, March 12- Coffee prices suffered a modest setback on Wednesday after the prior session's rise to two-year highs, with a general reduction in investors' risk appetite prompting some to take profits. May arabica coffee futures on ICE were off 2.55 cents or 1.2 percent at $2.0310 per lb by 1345 GMT.
Oil supplies have risen much faster than expected, and that's putting pressure on crude.
Wien says investors won't want to miss the second half of 2014.
Anthony Grisanti is betting on a pullback, but Rich Ilczyszyn says it's foolish to stand in front of the bullish trend. With CNBC's Jackie DeAngelis and the Futures Now Traders.
The massive bill changes some sacred cow items like crop insurance and commodity subsidies but helps some "new" crops.
Brent futures fell below $108 a barrel on Thursday.
Gold managed to log a modest gain on Thursday after stronger-than-expected US jobs and retail sales data lifted the dollar off early lows.