All
 

 

Just in:  

You are here: Home»Markets»Commodities»Europe

Europe

Archive

Copper slips as dollar rallies on Fed comments and US data LONDON: Copper fell more than 1 percent on Thursday as the dollar rallied on strong US growth data and the Federal Reserve's relatively hawkish tone on monetary policy. Data showing US gross domestic product grew at a better than expected 3.5 percent annual rate in the third quarter, though the pace of growth in business investment, housing and consumer spending slowed. The dollar extended gains made the previous day when the Federal refrained from characterising the slack in the US labour market as significant. Investors perceived this as hawkish and reappraised the consensus that the Fed's first interest rate increase would be late in 2015.A strong dollar makes dollar-priced metals more costly for European and other non-US investors. Three-month copper on the London Metal Exchange traded down 1.6 percent at $6,705 a tonne in official midday rings, having firmed slightly in the previous session. "The Fed statement lent support to ...

Gold dips below $1,200/oz after upbeat Fed statement LONDON: Gold prices dipped below $1,200 an ounce on Thursday and silver slid to a 4-1/2 year low after the Federal Reserve ended its bond-buying stimulus programme with unexpectedly upbeat comments about the economy.Spot gold fell as low as $1,199.90 an ounce and was down 0.7 percent at $1,203.30 an ounce at 1447 GMT. US December gold futures were down $22.30 at $1,202.60. Silver was down 3.2 percent at $16.50 an ounce, having earlier hit ...
Gold slides towards $1,200/oz after upbeat Fed statement LONDON: Gold prices slid towards $1,200 an ounce on Thursday, hitting their lowest in 3-1/2 weeks, after the Federal Reserve ended its bond-buying stimulus programme on an unexpectedly hawkish note. Spot gold fell as low as $1,201.21 an ounce and was down 0.5 percent at $1,206.40 an ounce at 1015 GMT. US December gold futures were down $19 at $1,205.80. The Fed statement on Wednesday sent the dollar to its highest since Oct. 6, while ...
Copper falls 1 pct as dollar rallies on Fed comments LONDON: Copper fell more than 1 percent on Thursday as the dollar rallied after the US Federal Reserve sounded a relatively hawkish tone on monetary policy, though losses were limited by gains in Chinese equities. The Federal Reserve retained its guidance Wednesday that overnight borrowing costs would remain near zero for a "considerable time", but it dropped a characterization of the US labour market slack as "significant". Investors perceived this as a show of confidence ...
Gold steadies as investors expect cautious stance by Fed LONDON: Gold steadied near $1,230 an ounce on Wednesday as investors awaited guidance from the U.S. Federal Reserve, widely expecting it to reaffirm willingness to wait for an extended period before raising interest rates.The Fed, which wraps up a two-day policy meeting later on Wednesday, is widely expected to end its two-year-old bond-buying stimulus, known as quantitative easing, as the U.S. economy gathers momentum.Fed officials have also stressed, however, that they are in no hurry ...
Gold firms on weak US durable goods data; Fed eyed NEW YORK/LONDON: Gold prices edged higher on Tuesday as softer-than-expected US consumer spending data pressured the dollar, ahead of a closely-watched Federal Reserve policy statement. Data showed demand for US-made non-defence durable goods, excluding aircraft, fell 1.7 percent in September, its biggest drop in eight months and a cautionary note for an economy that otherwise seems to be moving forward at a steady clip. Investors are focusing on the Fed's latest policy statement on Wednesday ...
Soy surge continues despite advancing harvest PARIS/SINGAPORE: Chicago soybean futures extended gains on Tuesday to hit an six-week high, supported by soaring soymeal prices, pressures in the U.S. cash market and short-covering by investment funds.The soy rally again spilled over into corn, which rose to a three-month high, and wheat, which rose for a second session.The buying impetus in soybeans eclipsed supply pressure from an advancing U.S. harvest, which is expected to yield record-large soybean and corn crops.Chicago Board Of Trade ...

 



 
Index Closing Chg%
Arrow DJIA 16,974.31 0.18
Arrow Nasdaq 4,549.23 0.33
Arrow S&P 1,982.30 0.14
Arrow FTSE 6,453.87 0.81
Arrow DAX 9,082.81 0.16
Arrow CAC-40 4,110.64 0.05
Arrow Nikkei 15,553.91 1.46
Arrow H.Seng 23,819.87 1.27
Arrow Sensex 27,098.17 0.81





where to buy

cheap wedding dresses

online - weddingdresstrend.com


Banking Review 2013


Buy new style hair wigs at cheap price on Ishowigs.com

Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJuly-June
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln