The yen heads for its biggest weekly gain in more than a month against the dollar, on tensions in Ukraine and the Chinese economy.» Read More
LONDON, March 13- European metal products manufacturers are seeing the most favourable conditions for buying copper in over two years as prices drop and the euro strengthens, and some are buying forwards to lock in cheap supply.
Concerns about China and other developing economies weakened the Australian dollar and currencies closely linked to commodities markets.
The ECB's forward guidance may adjust policy to tighten the slack in the Euro zone economy, a senior ECB official said.
John Rutledge, SAFANAD chief investment strategist, provides perspective on China's economy and its likely impact on global markets.
*Euro shows resilience even as Ukraine tensions continue. TOKYO, March 11- The yen remained trapped in narrow ranges in Asian trade on Tuesday after the Bank of Japan stood pat and gave no indication that further easing steps were in the cards yet.
*Euro shows resilience even as Ukraine tensions continue. TOKYO, March 11- The yen wobbled in a narrow range in early Asian trade on Tuesday as investors awaited the latest policy decision from the Bank of Japan later in the session.
Yuan weakness may spike some companies' carry trades, adding further concern over emerging market corporate balance sheets amid rising offshore debt.
The U.S. dollar was supported by hopes U.S. job growth would pick up in the wake of last week's data.
*Jitters over Ukraine contained for now. NEW YORK, March 10- The U.S. dollar held steady against major currencies on Monday, supported by hopes U.S. job growth would pick up in the wake of last week's mildly encouraging report on hiring and as tension over Ukraine remained contained.
*China data send Canadian, Aussie dollars lower. LONDON, March 10- The Australian and Canadian dollars lost as much as half a percent against their U.S. counterpart on Monday as a plunge in exports from China underlined the risks of more weakness in one of the big drivers of world growth.
Freya Beamish, Economist at Lombard Street Research explains why stimulus is not an option for China despite concerns over PPI deflation.
Unexpectedly strong non-farm payroll data boosted the dollar, despite the cold winter across much of the United States.
CNBC's Michelle Caruso-Cabrera reports on the financial implications of Chaori Solar's missed interest payment.
*Ukraine tensions rumble on, gold heads for weekly gains. With the tussle between Ukraine and the West and Russia over Crimea expected to drag on, investors turned their focus to non-farm payrolls due at 1330 GMT, though there was a sense they would still be distorted by the recent icy U.S. weather.
The euro added half a cent after the European Central Bank left interest rates unchanged.
RIO DE JANEIRO/ LONDON, March 5- Emerging markets steadied on Wednesday as the United States and Russia held talks on Ukraine, at least temporarily easing East-West tensions that prompted a selloff in global markets earlier this week.
The yen extended its losses against the dollar and euro as concerns over the standoff between Russia and Ukraine eased somewhat.
LONDON, March 5- A semblance of calm returned to world markets on Wednesday after two days of intense volatility as the United States and Russia were set to hold talks on easing East-West tension in Ukraine.
TOKYO, March 5- Asian stocks gained and the safe-haven yen remained on the defensive after a sharp tumble on Wednesday, following remarks from Russian President Vladimir Putin that allayed fears of an imminent military conflict in Ukraine.
TOKYO, March 5- Asian stocks jumped and the safe-haven yen licked its wounds after a sharp tumble on Wednesday, following remarks from Russian President Vladimir Putin that allayed fears of an imminent military conflict in Ukraine, and revived investor risk appetite.