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  • Spot gold was up 0.6 percent to $1,212.31 per ounce percent to $1,199.60 an ounce, its lowest since Feb. 17. For the coming two days, I still think the bearish sentiment will dominate, "said Mark To, head of research at Hong Kong's Wing Fung Financial Group. The safe haven asset has been under pressure over the past couple of weeks as senior U.S. central bank officials,...

  • HONG KONG— Most Asian stock markets rose Tuesday after Japan reported better-than-expected data for April. Shares in Japan were also buoyed by expectations that a 2017 sales tax hike will be delayed until 2019, and by a weakening in the Japanese yen. Hong Kong's Hang Seng climbed 1.2 percent to 20,879.26 and the Shanghai Composite Index in mainland China...

  • TOKYO/ SINGAPORE, May 31- Asian shares recovered from a wobbly start on Tuesday, but remained on track for a monthly loss, while the dollar edged away from recent peaks scaled on expectations the U.S. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.4 percent, poised to end the month down 1.9 percent. Data released earlier in the session showed...

  • MELBOURNE, May 31- London copper fell on Tuesday, on track for a more than 7 percent decline in May, the biggest monthly drop since November, on pressure from a resurgent dollar because of increasing expectations of a U.S. interest rate hike. Louis Federal Reserve President James Bullard said on Monday in Seoul that global markets appear to be "well-prepared" for a...

  • *Yen gains slightly after Japan output data. TOKYO, May 31- The dollar hovered near its highest level in two months against a basket of currencies on Tuesday on growing expectations of an imminent U.S. interest rate hike, while the Australian dollar jumped on surprising strong local economic data. The latest spark for dollar bulls came from Federal Reserve Chair...

  • SYDNEY, May 31- U.S. soybeans edged higher on Tuesday, poised to record monthly gains of nearly 6 percent due to concerns over production losses in Argentina. *The most active soybean futures on the Chicago Board of Trade were up nearly 6 percent during May, extending three-month gains to more than 26 percent. *Russia, a major global wheat exporter, may harvest 63.5...

  • *Yen gains slightly after Japan output data. TOKYO, May 31- The dollar held firm on Tuesday, staying near its highest level in two months against a basket of currencies thanks to growing expectation of an imminent U.S. interest rate hike, while the yen bounced after Japan's solid industrial output data. The latest spark for dollar bulls came from Federal Reserve...

  • MELBOURNE, May 31- London copper slipped on Tuesday and was on track for a more than 7 percent monthly loss in May, as a resurgent dollar pressured the metal it to its weakest showing in half a year. *Three-month copper on the London Metal Exchange slipped by 0.6 percent to $4,668 a tonne by 0027 GMT. *Shanghai Futures Exchange copper slipped by 0.3 percent to 35,690...

  • *US, UK markets shut on Monday for public holidays. "With UK and US markets closed overnight, Asian markets will be looking to Europe for leads today," Angus Nicholson, market analyst at IG, said in a note. MSCI's broadest index of Asia-Pacific shares outside Japan was flat in early trading, ending more than 2 percent lower for the month.

  • Brazil's currency rose 0.9 percent after weakening more than 2 percent last week. After posting a deficit in March, Brazil's central government reported a primary budget surplus of 9.751 billion reais for April thanks to higher tax revenues and a decline in subsidies. Brazil, mired in a deep recession, lost its coveted investment-grade credit rating in 2015...

  • TORONTO, May 30- Canada's main stock index edged lower on Monday as energy stocks retreated ahead of a meeting of oil producers later in the week, while mining stocks and financials also fell in a low-volume session with U.S. markets closed for Memorial Day. "Right now the market is very stretched," said Youssef Zohny, portfolio manager at StennerZohny Investment...

  • LONDON, May 30- Gold fell below $1,200 for the first time since mid-February on Monday, as comments from Federal Reserve chief Janet Yellen on the likelihood of higher U.S. interest rates sent the dollar to two-month highs. Longer term, however, negative interest rates should boost gold, said John Ciampaglia, executive vice-president of corporate development...

  • SAO PAULO, May 30- Latin American stocks and currencies seesawed on Monday on thin trading volume due to market holidays in the United States and the United Kingdom. U.S. and U.K. markets were closed for the Memorial Day and spring bank holidays, respectively. Concerns that interim Brazilian President Michel Temer could struggle to pass austerity measures in...

  • TORONTO, May 30- Canada's main stock index edged lower on Monday as oil seesawed and gold fell to a 3-1/ 2- month low, while financials firmed ahead of a potential increase in U.S. interest rates this summer. U.S. crude futures rose 2 cents to $49.35 a barrel in subdued trade as public holidays were observed in Britain and the United States. Oil edged lower earlier in the...

  • FRANKFURT, Germany— Europe's economy is finally showing signs of increasing strength, after years of sluggishness and false starts. And that means the European Central Bank likely won't have to step up its ongoing 1.74 trillion-euro stimulus program when it meets this week. There's little sign that President Mario Draghi and Co. are ready to drop more...

  • LONDON, May 30- Euro zone government bond yields rose on Monday after comments from Federal Reserve Chair Janet Yellen boosted the case for a U.S. interest rate rise in June or July and data pointed to a brighter outlook for Europe's economy. The probability of a rate rise at the Fed's June 14-15 meeting rose to 34 percent from 30 percent before Yellen's remarks,...

  • *Poland to report economic data on Tuesday, Wednesday. Turnover in regional markets was thin as investors in London are on holiday and others are waiting for Thursday's meeting of the European Central Bank, whose asset purchases have created additional demand in the European Union's emerging markets. The conversion is a key risk to Polish asset prices, along...

  • LONDON, May 30- Gold fell below $1,200 for the first time since mid-February on Monday, as comments from Federal Reserve chief Janet Yellen on the likelihood of higher U.S. interest rates sent the dollar to two-month highs. Louis Fed President James Bullard said on Monday that global markets appear to be "well-prepared" for a summer rate hike, although he did not...

  • BEIJING— Major global stock markets were mostly higher Monday and China's currency weakened after the head U.S. central banker fueled expectations of an interest rate hike this year. On Friday, the DAX and Britain's FTSE 100 both rose 0.1 percent and France's CAC 40 gained a bit less than that. India's Sensex advanced 0.3 percent to 26,724.49, and benchmarks in...

  • *Germany's DAX index hits one-month high. *Volumes seen thin as UK, U.S. markets shut. LONDON, May 30- Germany's DAX share index climbed to a one-month high on Monday, with some investors betting that the euro's relative weakness against the U.S. dollar would underpin German exporters.