GO
Loading...

COMMERZBANK AG

More

  • UPDATE 3-Oil rises to $62, close to 2015 high Tuesday, 17 Feb 2015 | 5:07 AM ET

    LONDON, Feb 17- Oil rose to $62 a barrel on Tuesday, close to its 2015 high, supported by threats to Middle East supplies and expectations lower prices may prompt a slowdown in U.S. output. Egypt on Monday bombed Islamic State targets in Libya, where violence has reined in most oil output, and Iraq's semi-autonomous Kurdistan Regional Government threatened to...

  • Hopes of Greek deal remain despite tough talk Tuesday, 17 Feb 2015 | 3:16 AM ET

    BRUSSELS— Despite all the tough talk and ultimatums, Greece and its creditors in the 19- country eurozone are still expected to cobble together some sort of deal that will allow the country to remain a member of the euro currency. That's likely because they've been here before— the eurozone has in recent years often run into moments of brinkmanship, often with...

  • LONDON, Feb 17- Italian and Spanish bond yields rose on Tuesday as investors sold lower-rated euro zone assets after Greece rejected a proposal to extend its international bailout by six months. The breakdown in talks between Athens and its European partners raised doubts about Greece's future in the euro zone. "Risk aversion looks set to dominate into...

  • *Euro zone ministers meet for Greece talks. LONDON, Feb 16- Gold rose for a third straight session on Monday, as the dollar weakened before a meeting of euro zone finance ministers on how to proceed with Greece's bailout program. "Gold recovered last Friday after disappointing U.S. data and it is relatively well supported, given the still ongoing risks in Greece,"...

  • *China markets closed from Feb. 18 for Lunar New Year holiday. *Outlook for China demand after holiday uncertain- Commerzbank. LONDON, Feb 13- Copper steadied on Friday, retreating from a three-week high hit earlier in the day, as volumes waned ahead of a week-long holiday in top consumer China.

  • *IEA, OPEC, EIA see higher demand for OPEC crude. After an oversupply of world oil sent prices tumbling in 2014, top OPEC exporter Saudi Arabia urged fellow members not to prop up the market and to try to knock out competing sources like U.S. shale, which, because it has higher production costs, had to cut output when prices fell. In reports this week, The International...

  • *Activity in China retreats ahead of Lunar New Year. LONDON, Feb 13- Copper slipped on Friday, retreating from a three-week high hit earlier in the day, as the euro reversed gains against the dollar and activity in top consumer China waned ahead of a week-long holiday. "It is difficult to get fundamental views given the fact that the markets in China are going to be...

  • METALS-Copper holds steady, strong euro supports Friday, 13 Feb 2015 | 6:02 AM ET

    *Activity in China retreats ahead of Lunar New Year. LONDON, Feb 13- Copper hovered near a three-week high on Friday, underpinned by a firm euro following strong growth figures in Germany, though gains were kept in check by a pullback in activity in top consumer China ahead of a week-long holiday. It is difficult to get fundamental views given the fact that the...

  • LONDON, Feb 13- Emerging stocks hit a one-week high on Friday and headed for their second consecutive weekly gain, as a ceasefire agreement in Ukraine and signs of compromise in Greece's debt negotiations boosted investor sentiment. The MSCI emerging stocks index was up more than 1 percent, following a 1.5 percent gain in Asia. Driving the optimism was a...

  • UPDATE 4-Oil bounces back to $56 as dollar weakens Thursday, 12 Feb 2015 | 6:50 AM ET

    *Saudi oil minister discusses cooperation with Russia's Gazprom. LONDON, Feb 12- Oil prices rebounded more than $1 to $56 a barrel on Thursday, after a two-day decline, as a weakened dollar and industry spending cuts offset worries of a supply glut. March Brent futures were up $1.34 at $56 a barrel by 1134 GMT, following a 3 percent loss in the previous session that saw...

  • UPDATE 3-Oil bounces back as dollar weakens Thursday, 12 Feb 2015 | 5:08 AM ET

    *Saudi oil minister discusses cooperation with Gazprom. LONDON, Feb 12- Brent oil futures rose to $56 a barrel on Thursday, as a weakened dollar and industry spending cuts offset worries of a supply glut after U.S. crude inventories increased for a fifth consecutive week. March Brent futures were up $1.38 at $56.04 a barrel by 0938 GMT, following a 3 percent loss in...

  • LONDON, Feb 11- Portuguese yields edged higher on Wednesday, with investors making room for a sale of 10- year bonds, which is likely to attract strong demand as the prospect of ECB purchases eases the impact of Greece's anti-bailout stance. Portugal will offer up to 1.25 billion euros at an auction, with yields in the secondary market having risen almost half a...

  • FOREX-Dollar jumps on yield play, eyes on Greece Tuesday, 10 Feb 2015 | 7:54 AM ET

    *Euro under pressure over Greece. The euro sank below $1.13 in morning trade in Europe but it recovered almost half a cent around midday London time after a report said European officials would make a compromise proposal to give Athens another six months to negotiate. "You're just seeing a bit of dollar strength across the board," said Peter Kinsella, a strategist...

  • Weaker oil stocks hit European equities, UBS drops Tuesday, 10 Feb 2015 | 4:44 AM ET

    LONDON, Feb 10- European shares fell for a second day on Tuesday, with energy stocks hurt most after crude prices slid again on concerns about oil demand in China. "It's difficult to see a big recovery in oil prices in the near term as the upside is limited in the current environment because of the huge supply glut," Peter Dixon, equity strategist at Commerzbank, said,...

  • *OPEC sees increased demand for its oil in 2015. LONDON, Feb 9- Brent crude prices rose above $58 a barrel on Monday after OPEC forecast demand for its oil would be greater than expected in 2015 and the number of U.S. oil rigs hit a three-year low. In a monthly report issued on Monday, OPEC also slashed its forecast for the rate of growth in non- OPEC supply, citing a slowdown...

  • *China imports fall 19.9 pct in January as growth slows. LONDON, Feb 9- Brent crude prices steadied near $58 a barrel on Monday as falling U.S. oil rig counts and signs of healthy U.S. growth offset concerns over the strength of the Chinese economy. Global benchmark Brent crude oil for March was up 10 cents at $57.90 a barrel by 1118 GMT after rising as high as $59.06...

  • *China aluminium semis exports drop, still at strong levels- Citi. LONDON, Feb 9- Copper edged up on Monday as investors shrugged off worse than expected Chinese trade data, but nickel slipped after record inventories showed that expected shortages have failed to appear. "The Chinese data was surprisingly weak across the board, from iron ore to copper and...

  • LONDON, Feb 6- Copper fell on Friday as the dollar extended gains after U.S. jobs data beat expectations, but losses were limited by a strong oil price and hopes that Chinese government policies will boost demand. Three-month copper on the London Metal Exchange ended at $5,650 a tonne, down 1.22 percent, after modest gains on Thursday. Investors are also...

  • LONDON, Feb 6- Copper fell on Friday as the dollar extended gains after U.S. jobs data beat expectations, but losses were limited by a strong oil price and hopes that Chinese government policies will boost demand. Still copper is up more than 3 percent this week, on track for its biggest weekly gain since early August 2013, as it rebounds further from a 5-1/ 2 year low of...

  • *Oil biggest 2- week gain since 1998, Copper strongest week in 2 years. LONDON, Feb 6- World shares were heading for their strongest week since October as markets awaited U.S. jobs data on Friday, while oil was shooting for a near 20 percent rebound and the euro was on track for its biggest weekly rise since late 2013.. European stocks dipped at the open and the region's...