European shares were higher in early afternoon trade on Wednesday despite preliminary growth data from the euro zone missing estimates.» Read More
LONDON, April 25- The euro and commodities gained ground on Thursday as evidence of a weakening U.S. economy put the dollar under pressure, while investors waited to find out whether Britain's stagnant economy had fallen back into recession.
April 25- Akzo Nobel NV:. *Commerzbank cuts to hold from buy; cuts price target to 51 euros from 65. Reuters Station users, click. 1580.
*Commerzbank revises target price to 76 euros; rating hold. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.
*DZ Bank cuts fair value to 9 euros from 10 euros; rating sell. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.
*Bill auction buys Slovenia time, bailout still on cards. *Reform plans, bond issuance next crunch point for Slovenia. LONDON, April 24- The risk Slovenia may need an international bailout is unlikely to deter some yield-hungry bond investors, who believe it is in better shape than other troubled euro zone economies due to a relatively low debt.
LONDON, April 24- European shares built on their best day in seven months and oil climbed back above $101 per barrel on Wednesday after weak data bolstered expectations for a European Central Bank rate cut. Wall Street was expected to extend its run of gains to a fourth day when it reopens with durable goods data and another run of corporate earnings.
LONDON, April 24- The euro rose from a near three-week low against the dollar on Wednesday on hopes Italy can resolve its political gridlock, but gains could be fleeting after weak German data fanned talk of rate cuts. Investors focused on the possibility of the European Central Bank cutting its main refinancing rate, which is already at a record low 0.75 percent.
LONDON, April 24- European shares built on their best day in seven months and the euro dropped to a three-week low on Wednesday after weak data bolstered expectations for a European Central Bank rate cut.
*German Ifo survey falls short of expectations. LONDON, April 24- The euro hit a near three-week low against the dollar on Wednesday and looked vulnerable to further losses after weak German data fanned speculation the European Central Bank would cut interest rates.
*Gold cuts loss after fake tweet about White House bombing. NEW YORK, April 23- Gold fell more than 1 percent on Tuesday as a stronger dollar put pressure on prices and as the outflow from the world's biggest gold exchange-traded fund accelerated and accentuated an investor shift towards equities and other assets.
*ARM Holdings surges 11.9 pct after results. LONDON, April 23- Europe's main share index posted its biggest one-day gain in more than seven months on Tuesday, buoyed by strong earnings and after a downbeat German survey raised expectations of a rate cut in the euro zone.
LONDON, April 23- Chicago corn futures fell on Tuesday, extending losses from the previous session, as favourable weather in the United States boosted prospects for this year's harvest. Wheat prices were also lower, weighed on by reduced demand from China and news that Ukraine could lift a cap on exports for the remainder of the 2012/ 13 season.
LONDON, April 23- Gold dropped on Tuesday after the outflow from the biggest gold exchange-traded fund accelerated, indicating investors' weakening confidence in the precious metal, and as a stronger dollar put pressure on prices. Gold fell 1.1 percent to a session low of $1,409.54 an ounce early in the day and was down 0.8 percent at $1,414.41 by 1043 GMT.
*China's HSBC flash PMI eases. LONDON, April 23- Copper fell to a fresh 18 month low on Tuesday, as disappointing economic data from top metals consumer China reinforced concerns over prospects for demand. China's official PMI is due May 1.
*Shanghai bonded copper premiums seen at $120- $140. LONDON, April 22- Copper fell more than 1 percent on Monday, staying close to 1-1/ 2 year lows amid disappointing global growth and higher supply prospects.
European shares closed higher on Friday, helped by a rally in mining stocks and better-than-expected output from Anglo American.
LONDON, April 19- Oil prices steadied above $99 a barrel on Friday, recovering some ground after a steep six-day fall as bargain hunters stepped in, although worries about global demand and oversupply kept a lid on the rebound. "It's probably too early to say if we are out of the woods after such a big sell-off," said Ole Hansen, head of commodity strategy at Saxo Bank. "
Old crop soybean prices have been helped by expectations that shipping delays in Brazil could steer more demand to the United States, where supplies are projected to shrink to a nine-year low ahead of the autumn harvest.
LONDON, April 19- Oil prices pushed towards $100 a barrel on Friday, recovering some ground after a steep six-day fall as bargain hunters stepped in, although worries about global demand and oversupply kept a lid on the rebound. "It's probably too early to say if we are out of the woods after such a big sell-off," said Ole Hansen, head of commodity strategy at Saxo Bank. "
*Europe Q1 bank results kick off Apr 24 with Barclays, C.Suisse. LONDON, April 19- Europe's banks are under pressure to show how they plan to step up cost-cutting and shrinkage when they announce first quarter results in forthcoming weeks, as the scars from bad loan losses and indebted economies refuse to fade.