China's investment and factory output growth missed forecasts in August, suggesting the economy has cooled further, possibly spurring more support measures.» Read More
"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...
Oil prices rallied on Thursday as strong German economic data and continued uncertainty about an agreement on Iran's nuclear program provided lift.
Gold edged higher, holding above $1,200/oz as the dollar retreated and expectations grew that the Fed may delay a U.S. rate rise to next year.
The greenback recovered as trading desks returned to full strength and underlying trends for its continued rise reappeared.
Oil futures closed up $1.84 at $53.98 on Tuesday, above earlier highs and erasing losses on strong jobs data.
European equities closed slightly higher Friday, as the oil and gas sector took another hit from tumbling oil prices.
U.S. officials say Commerzbank carried out transactions with U.S.-sanctioned entities in Iran and Sudan.
Europe shares end mixed after US jobs data
Oil pared gains after earlier getting support from threats to Middle East supplies and expectations lower prices may curb U.S. output.
European equities ended higher on Thursday as investors cheering a peace deal agreed between Ukraine and Russia.
Commerzbank's fourth-quarter net profit edged higher to 77 million euros as a falloff in loan loss provisions helped compensate for weaker revenue.
U.S. oil prices were steady Monday, ahead of the first big snowstorm this year in the country's Northeast.
Nymex crude dropped after data from the U.S. government showed commercial crude inventories rose far more than expected last week.
Brent crude prices steadied below $49 a barrel after the IMF cut its forecast for global economic growth in 2015 implying lower demand for fuel.
Some observers say a less acrimonious future between the United States and Iran makes economic sense.
Commerzbank's expected settlement with authorities is likely to exceed $1 billion in penalties, according to a source.
Oil prices sank to session lows on Wednesday after data showed U.S. commercial crude inventories climbed by 1.5 million barrels last week.