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  • FACTBOX-Deutsche Bank looks to slash retail banking Saturday, 18 Apr 2015 | 8:54 AM ET

    FRANKFURT, April 18- Deutsche Bank will sell Postbank but keep its own-branded retail division under one of two strategic overhaul models currently favoured by management, sources familiar with internal discussions said. This model would see Deutsche Bank broken in two, with all retail activities sold off, and Deutsche abandoning its so-called universal...

  • *China's economy grew 7 pct in Q1, slowest in six years. NEW YORK/ LONDON, April 15- Gold rose 1 percent above $1,200 an ounce on Wednesday, as the dollar turned weak late in the session after weaker than expected U.S. economic data, while stronger U.S. and European stocks limited the metal's upside. "The late-day rise seems to be from the pull-back in the dollar index," said...

  • METALS-China economic stimulus hopes support copper Wednesday, 15 Apr 2015 | 12:14 PM ET

    LONDON, April 15- Copper prices found support on Wednesday from expectations that weak Chinese economic data will spur further monetary easing and stimulus measures, while tin slipped on worries about an oversupplied market. Three-month copper on the London Metal Exchange ended at $5,955 a tonne, up from $5,950 at the close on Tuesday when it fell to $5,900, its...

  • LONDON, April 15- Copper fell on Wednesday as investors digested weak Chinese economic data that threatens demand for industrial metals but could spur more monetary easing and stimulus measures. Three-month copper on the London Metal Exchange slipped to $5,932 a tonne at 1443 GMT from $5,950 at the close on Tuesday when it fell to $5,900 its lowest since March...

  • *China's economy grew 7 pct in Q1, slowest in six years. LONDON, April 15- Gold turned higher on Wednesday as the dollar pared gains after weaker than expected U.S. economic data, although stronger European shares limited the upside. U.S. gold for June delivery dropped $3.00 to $1,195.60 an ounce.

  • LONDON, April 15- The euro fell against the dollar on Wednesday before a policy meeting at which the European Central Bank is likely to reiterate its dovish policy bias despite a recent pick-up in economic activity. Draghi may also address Greece's debt problems at his press conference scheduled for 1230 GMT. The euro was down 0.4 percent at $1.0610 and pared its...

  • *North Dakota oil production fell in February vs January- state. NEW YORK, April 14- Crude oil futures rose on Tuesday on signs of falling U.S. oil production, weakness in the dollar and tensions in the Middle East, particularly Yemen. The North Dakota report arrived a day after the U.S. Energy Information Administration said it expected U.S. shale production to fall...

  • *Global production remains high, China's economy seen slowing. LONDON, April 14- Crude oil rose on Tuesday after a forecast that U.S. shale oil output would record its first monthly decline in more than four years and on tensions in Yemen, where top oil exporter Saudi Arabia is embroiled in a civil war. Brent crude was up 21 cents at $58.14 a barrel by 1203 GMT, while U.S....

  • *Global production remains high, China's economy seen slowing. LONDON, April 14- Crude oil rose on Tuesday after a forecast that U.S. shale oil output would record its first monthly decline in more than four years and on tension in Yemen, where top oil exporter Saudi Arabia is embroiled in a civil war. Brent crude for May was up 50 cents at $58.43 a barrel by 0815 GMT,...

  • "Another case of bad news possibly being good news, since more stimulus for China would lead to more demand," said Phil Flynn, analyst at Price Futures Group in Chicago. Brent May crude was up 13 cents at $58 a barrel at 12:25 p.m. EDT, having swung between $57.46 and $59.54. U.S. crude was up 25 cents at $51.89 a barrel, well off its $53.10 peak just below its 100- day moving...

  • *Wrangling with Athens casts cloud over euro zone rebound. FRANKFURT, April 13- European Central Bank policymakers gathering on Wednesday will examine possible further emergency funding for Greece's banks as they take stock of a wider economic picture showing early signs of improvement. Athens has until the middle of this week to improve a package of reforms...

  • LONDON, April 13- Italian bond yields inched up on Monday as the country kicked off the busiest week for euro zone sovereign debt sales seen in almost a year. Italy sold 7.5 billion euros of bonds at auction and is the first of five countries scheduled to sell debt this week in what could see around 40 billion euros of new bonds issued. Calculations from Commerzbank...

  • Italy is the first of five countries scheduled to sell debt this week in what could see around 40 billion euros of new bonds issued at near record low yields. "There should be no major disturbance," said Commerzbank strategist Benjamin Schroeder. Commerzbank calculations show it is set to be the biggest week of gross issuance since May last year, with almost double...

  • *Soybeans hit lowest since Oct. 21. Corn and soybeans were slightly lower, anchored by ample domestic supplies, while huge crops from South America lowered demand for U.S. offerings on the export market. Soybeans hit their lowest since Oct. 21 during the trading day but closed well above session lows.

  • *Iran demands all sanctions end when nuclear deal signed. "The latest agreement with Iran does not open the floodgates for a significant return of Iranian oil on the market as many had feared," said Harry Tchilinguirian, head of commodity markets strategy and oil strategy at BNP Paribas. But on Thursday, Iranian supreme leader Ayatollah Ali Khamenei demanded all...

  • *Iran demands all sanctions end when nuclear deal signed. LONDON, April 10- Oil edged higher towards $57 a barrel on Friday, heading for a weekly gain, supported by an easing of concerns that the interim accord over Iran's nuclear work will lead to a rapid rise in Iranian oil supplies. "The latest agreement with Iran does not open the floodgates for a significant...

  • *Iran demands all sanctions end when nuclear deal signed. LONDON, April 10- Oil edged further below $57 a barrel on Friday, pressured by evidence of ample supplies including the biggest jump in U.S. inventories since 2001 and Saudi Arabian output reaching a record high. The price of Brent has halved from $115 a barrel in June last year, a drop that deepened after OPEC...

  • LONDON, April 10- German Bund yields fell back towards record lows on Friday, as the European Central Bank's bond-buying programme offset the improving appetite for riskier assets following a Greek debt repayment and the impact of stronger U.S. jobs data. Greece repaid a crucial 450 million euro loan to the International Monetary Fund on Thursday, easing fears...

  • *Iran nuclear deal uncertainty, Yemen tensions support oil price. Also supportive was Iran saying Tehran will only sign a final nuclear accord with six world powers if all sanctions imposed over its disputed nuclear program are lifted on the same day. "The German data provided some lift early because it comes even before the expected economic boost from central...

  • *Alcoa sees larger aluminium surplus on rising China exports. *Prospect of cheaper power in China weighs on aluminium. Lead is not very dynamic... but supply is probably not going to be as good as expected, "said Eugen Weinberg, an analyst at Commerzbank.