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European shares were higher in early afternoon trade on Wednesday despite preliminary growth data from the euro zone missing estimates.
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*Fed expected to announce monthly bond purchases of $45 billion. LONDON, Dec 11- Gold held near $1,710 an ounce on Tuesday, little changed from the previous session, ahead of a U.S. Many economists expect the Fed to announce monthly bond purchases of $45 billion after its meeting on Tuesday and Wednesday.
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The euro climbed to a session-high of $1.2976 after the data, from around $1.2960 beforehand and breaking chart resistance at $1.2973, the 38.2 percent retracement of a sharp fall that took place between Dec. 5 and Dec. 7. Traders cited offers above $1.2980 and $1.3000 with near term support at its two-week low of $1.2880 touched on Monday.
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*USDA monthly supply/demand report due at 1330 GMT. Analysts on average expect USDA to raise its forecast of U.S. corn and wheat ending stocks for 2012/ 13 but cut soybeans.
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*HSBC, Standard Chartered slip after agreeing US fines. *Whitbread, Metso up on earnings news. Heavyweights HSBC and Standard Chartered meanwhile fell 0.6 percent apiece after they agreed separate fines with U.S. regulators following investigations into their business activities.
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*Italy to remain volatile, supply pressure adds upward bias. LONDON, Dec 11- Italian yields crept higher on Tuesday, adding to a selloff seen in the previous session triggered by technocrat Prime Minister Mario Monti's decision to resign early, which has shaken faith in Italy's reform agenda.
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NEW YORK, Dec 10- U.S. stocks ended higher on Monday, led by gains in McDonald's and in technology shares, but Italian equities and bonds sank after Prime Minister Mario Monti's decision to resign stoked concern about who will lead the euro zone's third biggest economy out of its debt crisis.
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*Rebounding China economy, Middle East woes lift Brent. *Copper near 2- month peak after China factory output surge.
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*China oil imports up in November. *Political uncertainty in Italy limits oil's gains. NEW YORK, Dec 10- Brent oil prices rose slightly on Monday after Chinese data showed oil imports increased last month, a sign of robust demand for commodities in the world's No. 2 oil consuming country.
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NEW YORK, Dec 10- U.S. stocks were mostly higher on Monday, led by gains in McDonald's and technology shares, but Italian equities and bonds sank after Prime Minister Mario Monti's decision to resign stoked concern about who will lead the euro zone's third biggest economy out of its debt crisis.
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NEW YORK, Dec 10- Oil prices rose on Monday on data showing improving demand from No. 2 oil consumer China and continuing concerns about the potential for Middle East turmoil to disrupt crude oil supply in the region. "Chinese data is particularly strong," said Carsten Fritsch, senior oil analyst at Commerzbank in Frankfurt.
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*U.S. stocks up on McDonald's sales; fiscal talks eyed. U.S. equity investors focused on domestic news, driving shares higher after stronger-than-expected sales from McDonald's Corp while awaiting any sign of progress in budget talks in Washington to avert looming tax hikes and spending cuts.
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*China oil demand growth fastest in two years. China's implied oil demand in November surpassed 10 million barrels per day for the first time while its crude imports rose to the second-highest daily rate on record, providing more evidence of recovery after data over the weekend showed refinery runs rose to a new high.
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*China oil demand growth fastest in two years. China's implied oil demand in November surpassed 10 million barrels per day for the first time while its crude imports rose to the second-highest daily rate on record, providing more evidence of recovery after data over the weekend showed refinery runs rose to a new high.
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NEW YORK, Dec 10- U.S. stocks rose on Monday, helped by gains in McDonald's and technology stocks, but Italian shares and bond prices sank after Prime Minister Mario Monti's decision to resign stoked concern about who will lead the euro zone's third biggest economy out of its debt crisis.
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LONDON, Dec 7- Oil rose above $107 a barrel on Friday, trimming its weekly decline, supported by a better-than-expected U.S. employment report and expectations of a recovery in Chinese growth. Brent crude added 61 cents to $107.64 by 1448 GMT, after dropping for four straight sessions.
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LONDON, Dec 7- German two-year bond yields dipped to four-month lows on Friday on bets the European Central Bank could cut interest rates further, but a pending U.S. jobs report kept investors cautious and limited falls.
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LONDON, Dec 7- German two-year bond yields dipped to four-month lows on Friday on bets the European Central Bank could cut interest rates further, but a looming U.S. jobs report kept investors cautious and limited falls.
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*Europe's FTSEurofirst 300 index up 0.4 pct, off 2012 high. LONDON, Dec 6- European stocks touched a high for the year on Thursday while the euro steadied as investors awaited the outcome of a European Central Bank policy meeting for signs of any future rate cuts.
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*Worries over Egypt and Iran stoke supply concerns. LONDON, Dec 6- Brent crude oil held its ground around $109 a barrel on Thursday as rising tensions in Egypt stoked supply fears, offsetting concerns over the demand outlook. "Alongside Egypt, Syria, Gaza and Iran all remain latent trouble spots, thus justifying a risk premium on the oil price."
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BRUSSELS, Dec 6- German exports of cars and machinery helped shield the euro zone from a deeper recession in the third quarter while companies emptied warehouses and cut investments, showing the role of trade in driving any recovery.