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  • LONDON, Jan 16- German bond yields hit record lows on Friday while fears about Greece's banks sent that country's borrowing costs spiralling- signs of the fallout from the Swiss National Bank's shock decision to scrap its currency cap. A surge in the Swiss franc after the SNB abandoned its 1.20 euro limit on Thursday saw investors flee equities and other risky...

  • *IEA: price floor "anybody's guess," recovery may not be imminent. LONDON, Jan 16- Brent crude oil rose more than $2 to around $50 a barrel on Friday after the West's energy watchdog forecast the market sell-off would end, although analysts said a strong rebound soon was unlikely as global output continued to outweigh demand. The International Energy Agency said the...

  • LONDON, Jan 15- Frantic trading after the Swiss National Bank scrapped its euro cap on the franc on Thursday drove Swiss stocks down nearly 9 percent, their biggest one-day percentage fall for at least 25 years. One trader described the central bank's move as "carnage", while Swatch Chief Executive Nick Hayek called the franc's surge in value against the euro an...

  • LONDON, Jan 15- Frantic trading after the Swiss National Bank scrapped its cap on the franc drove Swiss stocks down 10.2 percent on Thursday, putting them on track for their biggest one-day fall in at least 25 years. Some traders described the central bank's move as "carnage", while Swatch Chief Executive Nick Hayek called the franc's surge in value against the euro...

  • LONDON, Jan 15- Frantic foreign exchange trading after the Swiss National Bank scrapped its euro cap on the franc took $100 billion off the value of Switzerland's blue-chips on Thursday, putting them on track for their biggest one-day fall in at least 25 years. The Swiss SMI index slumped 10 percent, with stocks including Swatch, luxury-goods firm Richemont and...

  • *China bonded premiums climb $5 to $85- Shmet. LONDON, Jan 15- Copper rose on Thursday on a mix of bargain-hunting, short covering and hedging by consumers, a day after its biggest slide in more than three years, but more losses were expected. Some traders saw sellers emerging above $5,650, with buyers lurking around $5,500- 5,450.

  • *Financial markets slide as World Bank cuts forecasts. LONDON, Jan 14- Gold rallied to a 12- week high on Wednesday as sharp falls in stock markets and other commodities prompted investors to buy the metal as a haven from risk, and as soft U.S. data weighed on the dollar. Financial markets fell sharply after the World Bank cut its growth forecasts for 2015 and 2016,...

  • *Physical demand for gold stronger in Asia. NEW YORK/ LONDON, Jan 12- Gold climbed 1 percent to a one-month high on Monday as the dollar pared gains and shares turned negative, with investor sentiment boosted by shifting expectations on when U.S. interest rates may rise. Spot gold climbed to its highest since Dec. 10 at $1,235.90 in Asian trade and was up 1 percent at...

  • PRECIOUS-Gold hits one-month high as shares, oil fall Monday, 12 Jan 2015 | 11:08 AM ET

    *Physical demand for gold stronger in Asia. LONDON, Jan 12- Gold climbed to a one-month high on Monday as the dollar pared gains and shares turned negative, with investor sentiment boosted by shifting expectations on when U.S. interest rates may rise. Spot gold climbed to its highest since Dec. 11 at $1,231 in Asian trade and was up 0.3 percent at $1,225.86 an ounce by...

  • LONDON, Jan 12- Oil renewed its decline on Monday, dropping nearly 5 percent to below $48 a barrel as Goldman Sachs slashed its short-term price forecasts and Gulf producers showed no signs of curbing output. Analysts at Goldman Sachs cut their three-month forecasts for Brent to $42 a barrel from $80 and for the U.S. The bank cut its 2015 Brent forecast to $50.40 a...

  • LONDON, Jan 12- Oil renewed its decline on Monday, dropping below $49 a barrel as Goldman Sachs slashed its short-term price forecasts and Gulf producers showed no signs of curbing output. Analysts at Goldman Sachs cut their three-month forecasts for Brent to $42 a barrel from $80 and for the U.S. The bank cut its 2015 Brent forecast to $50.40 a barrel from $83.75...

  • *Copper on track for biggest weekly fall since end-Nov. LONDON, Jan 9- Copper slipped to new 4-1/ 2 year lows on Friday on concern about oversupply after inventories climbed, though falls were limited by strong jobs growth in the United States that helped reinforce some confidence about the outlook for economic growth. Three-month copper on the London Metal...

  • WASHINGTON, Jan 9- U.S. job growth increased briskly in December and the jobless rate dropped to a 6-1/ 2 year low, but wages slipped in the latest sign a tightening labor market has yet to give much of a boost to workers. Nonfarm payrolls increased 252,000 last month after an upwardly revised 353,000 jump in November, the Labor Department said on Friday.

  • LONDON, Jan 9- Copper slipped to fresh 4-1/ 2- year lows on Friday on concern about oversupply after inventories climbed and worries about global growth, especially in top metals consumer China. Three-month copper on the London Metal Exchange, dropped to a session low of $6,073.50 a tonne, the weakest since June 2010, and was down 0.2 percent at $6,090.50 by 1104 GMT.

  • LONDON, Jan 8- Aluminium rebounded from lows on Thursday as some investors bought back short positions to lock in profits, but more losses were expected for copper and zinc ahead of the new year holiday in top metals consumer China. Copper, burdened by worries about oversupply, failed to sustain a bounce from 4-1/ 2 year lows the previous day, ending in the red again.

  • *China crude imports likely hit record in December. LONDON, Jan 8- Oil held above $51 a barrel on Thursday, supported by a surprise drop in U.S. inventories, as bulls and bears searched for a floor to the market's second-biggest rout. "This is just a technical rebound after the massive drop in previous days," said Carsten Fritsch, analyst at Commerzbank, adding the rout...

  • *Gold pressured as Fed, steadier oil soothe jitters. LONDON, Jan 8- Gold fell on Thursday as the dollar rose to a 9- year high versus the euro and stock markets climbed more than 1 percent, with minutes from the Federal Reserve's last meeting and steadier oil prices soothing risk aversion. Spot gold was down 0.3 percent at $1,206.60 an ounce at 1036 GMT, while U.S. gold...

  • *Greek bond yields surge on doubts about Greece's euro future. LONDON, Jan 7- German Bund yields bounced off record lows on Wednesday after euro zone inflation data showed sinking oil prices did not push down the cost of other goods and services, although expectations for more ECB easing remained high. Euro zone markets at large were dominated by speculation on...

  • *China Q4 growth may slow to 7.2 pct- Reuters poll. And there are also some concerns about demand from China due to weak economic data, "said Daniel Briesemann, a commodities analyst at Commerzbank in Frankfurt. "It's easy to blame oil, but I think clearly Greece was one of the key issues, and the numbers towards the end of the year from China were on the weak side," said...

  • LONDON, Jan 7- British elections in May could arguably have as much impact on euro zone stability as this month's snap poll in Greece, making for an anxious period of up to six months for European investors. Two new themes for 2015 are already in play on financial markets: an echo of the 2011/ 12 euro crisis via Greek political upheaval and fears that the country might...