German lender Commerzbank will shed more than 5,000 jobs as part of its cost cutting program, a person familiar with the negotiations told Reuters on Tuesday.» Read More
LONDON, June 19- European equities edged higher on Wednesday, with volatility expected to be high and volumes light as investors look to the U.S.
*World shares flat before Fed meeting, Wall Street seen firmer. After a calmer session for Asian markets, European shares recovered from an early dip to be unchanged by the mid session point, while U.S. futures pointed to a firmer day for Wall Street.
*Demand still soft in India, China- traders. LONDON, June 18- Gold prices fell on Tuesday as traders took to the sidelines ahead of a Federal Reserve policy meeting they hope will give greater clarity on the outlook for U.S. monetary policy.
LONDON, June 17- Brent crude oil rose above $106 per barrel on Monday as a superpower standoff over the Syrian civil war intensified, raising the risk of conflict spilling into the Middle East oil producing region.
New York, June 14- The yen rose for a fourth session against the dollar Friday, hitting its strongest level since the Bank of Japan embarked on aggressive economic stimulus in early April, as volatile markets triggered an unwinding of bets that the currency would weaken.
June 14- Singapore's central bank censured 20 banks following its review into the setting of benchmark rates in the city-state and ordered them to set aside additional reserves for a year. For a related story, click For the statement from the Monetary Authority of Singapore, click: http://r.reuters.com/pak88t. Banks ING Bank N.V. 1,000-1,200.
LONDON, June 14- The yen extended gains against the dollar on Friday, putting it on course for its best weekly performance since early 2010, as volatile stock markets drove investors to the safety of the Japanese currency. The dollar was down 0.5 percent at 94.90 yen while the euro fell nearly 1 percent to 126.35.
LONDON, June 14- The dollar stayed weak against the yen on Friday, but a recovery in stocks helped pull it out of the two-month trough it had slumped to in the previous session. The dollar has lost close to 10 percent since May 22, when it peaked at 103.74 yen.
Gold fell almost 1 percent, as the U.S. data fueled concerns that the Federal Reserve could reduce its monthly commitment to buy $85 billion of government bonds. Speculation has heightened that the U.S. central bank may taper its monetary easing, after Bank of Japan decided this week not to enlarge a $1.4 trillion stimulus announced in April. "
NEW YORK, June 13- Brent crude oil rose on Thursday, tracing gains in U.S. equities in late-session trading after U.S. data showed stronger-than-expected retail sales and a fall in jobless claims. Front month July Brent crude, which expired on settlement on Thursday, rose 76 cents to settle at $104.25 a barrel, after falling as low as $102.75.
*U.S. data boosts Wall Street, oil prices. NEW YORK, June 13- Brent crude oil rose on Thursday, reversing an earlier decline after U.S. data showed stronger-than-expected retail sales and a fall in jobless claims, although subdued global energy demand limited oil's rebound.
LONDON, June 13- Copper slid to a six-week low on Thursday as fears that central banks may curb stimulus programmes earlier than previously expected outweighed concerns about supply disruption and delay at two large copper mines.
NEW YORK, June 13- Brent crude oil reversed an earlier loss to trade slightly higher on Thursday as a higher-than expected rise in U.S. retail sales and fall in jobless claims boosted the U.S. economic outlook, although subdued global demand limited the rebound. Brent crude rose 38 cents to $103.87 a barrel by 11:44 a.m. EDT, having traded as low as $102.75.
*Weaker dollar, Libya supply disruption lend support. LONDON, June 13- Oil reversed an earlier loss to trade above $103 a barrel on Thursday as a higher-than expected rise in U.S. retail sales and a fall in jobless claims boosted the economic outlook, although subdued global demand limited the rebound.
*Shanghai copper falls 3 pct after holiday break. LONDON, June 13- Copper fell by nearly 1 percent on Thursday as fears that central banks may curb stimulus programmes earlier than previously expected outweighed concerns about supply disruption and delay at two large copper mines.
*OPEC to keep pumping more oil than output target. NEW YORK/ LONDON, June 12- Crude oil prices were marginally higher on Wednesday, supported by worry over global supply disruptions but capped by an unexpected jump in oil inventories in the United States and a cut in estimates for oil demand growth.
*Lower-rated debt recovers after sharp sell-off. LONDON, June 12- Spanish, Italian and other lower-rated euro zone bond prices rose on Wednesday as riskier assets stabilised after a recent sell-off on concerns central bank stimulus could be cut back.
*OPEC to keep pumping more oil than output target. LONDON, June 12- Brent crude oil steadied around $103 on Wednesday, buoyed by a rally in global stock markets despite an unexpected jump in oil inventories in the United States and a cut in estimates for oil demand growth by the world's big oil market forecasters.
*Bank of Japan refrains from measures to reduce volatility. Lower-rated euro zone debt underperformed German Bunds after the Bank of Japan announced no new measures to stem bond market volatility, further unsettling investors worried about the outlook for the U.S.
LONDON, June 11- Brent crude fell below $103 per barrel on Tuesday after the world's largest consumer, the United States, nearly doubled the estimate of its shale oil reserves, while prospects of a slowdown in Chinese demand sapped prices. "Non-OPEC supply looks set to climb by more than 1 million barrels per day this year," said Carsten Fritsch of Commerzbank.