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U.S. stock futures climbed on Friday and the euro was raised by a rise in European bond yields, after Asian shares dropped as an absence of information about Chinese stimulus disappointed investors. Futures for the U.S. S&P 500 increased 0.37%, after the index dipped on Thursday. The S&P struck a record high on Dec. 6 on optimism about the second Trump presidency, which looks set to focus on deregulation and tax cuts. Europe's STOXX 600 equity index fell 0.29% after slipping a little the previous day. Britain's FTSE 100 was flat and France's CAC 40 was up 0.13%, barely budging...

China stocks surged and commodities and the Australian dollar found support on Tuesday on Beijing's new guarantees of rate cuts and a boost to usage, while worldwide stocks were shaky ahead of an essential U.S. inflation reading. Australia's central bank is expected to leave its money rate on hold at 4.35% later on in the day. Overnight the S&P 500 fell 0.6% and futures dipped 0.1% in the Asia morning. A 2.5% drop for chip titan Nvidia, which edged a. portion lower still in after-hours trade following China. opening an antitrust examination, weighed on the mood. MSCI's broadest index of...

Investors waited for U.S. payrolls data on Friday to see if it challenged or cemented expectations of a Federal Reserve rate cut this month, while the euro stumbled towards a flat week versus the dollar as France was grasped by political chaos. European stocks edged up 0.2% after market open, while Britain's FTSE 100 dipped 0.1%, as investors digested news that insurance provider Aviva had consented to purchase rival Direct Line for 3.6 billion pounds ($ 4.6 billion). Investors were training their sights on the crucial U.S. payrolls report due later on in the day. U.S. stock futures were broadly...

European shares ticked up together with the dollar on Thursday after both fell the previous day, while Asian stocks slipped, as trading volumes thinned ahead of the U.S. Thanksgiving vacation. Europe's continentwide Stoxx 600 index rose 0.36% after falling 0.75% throughout the previous 2 sessions. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.52%, however Japan's Nikkei climbed up 0.56%. Trading in U.S. equities and Treasuries was closed, but futures for the U.S. S&P 500 were up 0.15% after the index fell 0.38% on Wednesday. Data on Wednesday showed U.S. consumer costs increased in October however the Federal Reserve's...

The dollar rallied sharply on Tuesday after U.S. Presidentelect Donald Trump pledged tariffs on all imports from Canada and Mexico, and additional tariffs on China. Asian stocks decreased, giving back some of the robust gains of the previous session, when they were buoyed by the election of fund manager Scott Bessent as Treasury Secretary, considered by investors as a voice for Wall Street in Washington. Bessent's consultation had also led to a sharp fall in U.S. yields as investors scooped up Treasury bonds, sending the dollar moving in the previous session. It's practically as if Trump wants to advise markets...

The dollar rallied dramatically on Tuesday after U.S. Presidentelect Donald Trump pledged tariffs on all imports from Canada and Mexico, and extra tariffs on China. Stocks declined, giving back some of the robust gains of the previous session, when they were buoyed by the nomination of fund manager Scott Bessent as Treasury Secretary, considered by investors as a voice for Wall Street in Washington. Bessent's visit had likewise caused a sharp fall in U.S. yields as investors scooped up Treasury bonds, sending out the dollar moving in the previous session. It's almost as if Trump wants to advise markets who...

MSCI's global equities determine rose and the dollar fell with U.S. government bond yields on Monday as investors invited the incoming U.S. President's choice of fund supervisor Scott Bessent as the next U.S. Treasury Secretary. Wall Street indexes picked up speed, with the S&P 500 and the Dow touching record highs as investors were encouraged by Donald Trump's choice for the leading economic task. Some cited a focus on tax cuts and others wager he would be fiscally cautious. U.S. Treasury yields fell sharply as investors speculated on a more moderate than feared U.S. fiscal trajectory. What we're in is...

Gold was headed for its largest weekly gain in almost 8 months on Friday and the euro hovered at a 13month low as Russia decreased its limit for using nuclear weapons and fired a hypersonic ballistic rocket at Ukraine. The threat of escalation also sent European gas costs to a 1 year high and pressed investors towards safe havens, underpinning German financial obligation and putting the Swiss franc on course for its very first weekly rise in 2 months. In Asia on Friday, chipmakers led stocks a bit higher after Nvidia touched a record high in U.S. trade on solid...

Asian equities fell on Thursday after AI darling Nvidia dissatisfied financiers with a subdued revenue projection, while the dollar firmed and bitcoin struck a record high in anticipation of U.S. Presidentelect Donald Trump's proposed policies. Prevailing geopolitical issues following the intensifying conflict in Ukraine earlier this week led safe-haven properties greater, including gold and federal government bonds. The spotlight though was on revenues from the world's most important company Nvidia, which projected its slowest revenue growth in seven quarters, sending its shares lower. Nasdaq futures slipped 0.47%, while S&P 500 futures alleviated 0.3%. MSCI's broadest index of Asia-Pacific shares outside...

The U.S. dollar and bond yields held near multimonth peaks on Monday on expectations the Federal Reserve would slow its speed of easing, while international shares were mainly lower, with investors awaiting Nvidia's. incomes release later on in the week. U.S. President-elect Donald Trump's brand-new administration is. starting to take shape with nominations to health and defense. roles last week, but two key positions for monetary markets,. Treasury Secretary and Trade Representative, are yet to be. filled. Trump's choice of vaccine sceptic Robert F. Kennedy Jr. for. the top U.S. health job has actually currently caused a fallout in the....

Worldwide stocks came under pressure on Tuesday from financier concern about U.S. Presidentelect Donald Trump's policies, while bitcoin neared a. record $90,000 as traders stacked into possessions they think could. gain from the new administration. Investors have actually been funnelling money into properties they believe. will get a boost from Trump's 2nd four-year term in workplace,. in which he has promised to raise tariffs on imports from key. trading partners, along with generate tax cuts and looser. guidelines. Bitcoin, the world's most significant cryptocurrency, was trading. just shy of a record $90,000, having gained 30% in the week. since the...

Asian stocks eased while the dollar held at fourmonth highs on Tuesday, though all the enjoyment was centred on bitcoin as it soared to a record peak underpinned by financier bets on properties that are likely to gain from Donald Trump's election win. Investors prepare for Trump's 2nd four-year term in office will bring equities-boosting tax cuts and looser regulations, raising the world's biggest and best-known cryptocurrency, bitcoin, to an all-time high of $89,637. But the risk of possible tariffs from the new White House administration has put the euro under pressure, with the single currency touching near seven-month lows...

Some Japanese aluminium purchasers have accepted pay an international producer a premium of $228 per metric lot over the benchmark cost for shipments from January to March, up 30% from this quarter, two sources straight involved in the talks stated. The fourth consecutive quarterly boost, the figure exceeds the $175 per ton paid in the quarter from October to December. It is also the greatest premium because 2015, though a little lower than the initial deals of $230-$ 260 made by producers. Japan is a major Asian importer of the light metal and the premiums for primary metal shipments it...

Gold discount rates in India widened this week to their highest level in over two months as a rebound in domestic costs throughout the wedding season curtailed demand, while China's stimulus measures did little to restore consumer self-confidence in the essential market. In India, domestic prices rose to 79,120 rupees ($ 932) per 10 grams previously this week after falling to 73,300 rupees last month. Due to the price rise, need reduced dramatically today. Rather of buying, some financiers were even selling gold purchased at lower prices, stated Ashok Jain, owner of Mumbai-based gold wholesaler Chenaji Narsinghji. Indian dealers today...

The following are the top stories in the Financial Times. Reuters has not confirmed these stories and does not attest their precision. Headings - HSBC evaluates retail banking outside UK and Hong Kong - De La Rue in talks over stake with Edi Truell-backed financiers - Rio Tinto to invest $2.5 bln in latest dedication to lithium - Lead overhauls charges for UK investors Introduction - HSBC is reviewing its retail banking operations outside the UK and Hong Kong, a move that might see it considerably downsize operations in nations including Mexico, as it seeks additional expense cuts. - Banknote...

The London Metal Exchange ( LME) will require the LMEregistered warehouses to report offwarrant metals stocks day-to-day rather than month-to-month from Feb. 10, it stated on Tuesday. The move will boost openness of these stocks, basically LME-branded metals held within an LME-registered shed that might be put on an LME warrant - title file that confer ownership - in the future. The modification in reporting frequency follows reforms that the LME, the world's largest and earliest online forum for trading metals including copper, aluminium, zinc, lead and nickel, started introducing 5 years back. Before these reforms, warehouses just reported inventories...

Physical gold was cost a discount in India for the very first time in 6 weeks, as a weaker rupee drove up costs and in turn moderated demand, while top consumer China saw seasonally sluggish demand. Domestic prices in India rose to 76,800 rupees per 10 grams on Friday after falling to 74,852 rupees earlier last week. Jewellers were not making purchases as the rupee fell to a. record low, making imports a lot more pricey, stated a. Mumbai-based dealership with a personal bullion importing bank. The rupee dropped to a life time low of 84.7575. versus the U.S. dollar...

The London Metal Exchange ( LME) has actually authorized the application of a British arm of U.S. broker Clear Street for Category 1 membership, providing it access to the LME's openoutcry trading flooring, the LME said on Wednesday. Clear Street joining the LME floor trading takes the variety of dealing members on Europe's last open-outcry location back to eight after Societe Generale said in August it would leave the flooring. The arrival of a new member of the calibre of Clear Street demonstrates the LME's ability to provide a dynamic marketplace for industrial metals and our place at the centre...

The Bank of England stated on Friday that a tension test of central counterparties (CCPs). companies that form a key part of the pipes of financial. markets did find some vulnerabilities but overall showed. durability. The tension test focused on the credit strength of the. clearing services supplied by ICE Clear Europe, LCH -. part of LSEG, and LME Clear, which is owned by Hong. Kong Exchanges and Clearing Ltd. The tension test results do not suggest that this is a cause. for concern, however we continue to keep track of CCPs resources through. continuous information collection and supervision, Bank...

Physical gold premiums insinuated India on a pullback in need this week as increasing local rates prompted jewellers and retail buyers to remain on the sidelines, while demand for bullion in top customer China and other significant Asian centers also stayed suppressed. In India, domestic costs rose to 77,220 rupees per 10 grams on Friday after being up to 73,300 rupees recently. Jewellers were active last week following a significant cost correction. However, this week, they lowered their purchases as rates increased, said Ashok Jain, proprietor of Mumbai-based gold wholesaler Chenaji Narsinghji. Today, Indian dealerships charged a premium of approximately...

Physical gold premiums in India climbed to a near fourmonth high this week, driven by a rebound in need as rates dropped, while leading customer China saw minimal retail purchasing interest. Domestic prices in India fell to 73,300 rupees per 10 grams earlier today after striking a record high of 79,775 rupees last month. Buyers were holding off for rates to drop, but once they did, retail buyers jumped in and started buying, stated a. Hyderabad-based jeweller. Indian dealerships this week charged a premium of. as much as $16 an ounce over main domestic costs-- inclusive of. 6% import and...

China's net gold imports through Hong Kong in September more than doubled from August however fell 53%. from the previous year, data revealed on Monday. Total gold imports by means of Hong Kong were up 1.3% at 16.588. metric loads on a monthly basis and down 60% on an annual basis. WHY IT is essential? China is the world's top gold customer and its purchasing. activities can affect general international rates. Some deliveries to China from Switzerland resumed in. September after no products in August. On the other hand, China's reserve bank held back on purchasing gold for. its reserves...

Gold demand in India ticked up this week ahead of a key festival however recordhigh prices dissuaded lots of retail buyers from making their normal festive purchases. Footfalls have actually gone up, but consumers are purchasing less in volume terms. Shoppers are still discovering it tough to get utilized to the higher costs, a New Delhi-based jeweller said. Domestic costs jumped to a record high of 78,919 rupees ($ 938.91) per 10 grams previously today, a boost of more than 31% because in 2015's Diwali festival. Indian dealers today used a discount of as much as $4 an ounce over...

Physical gold dealerships in India were forced to offer discount rates today, as record high costs dampened demand ahead of an essential festival, while discount rates in top consumer China narrowed. In India domestic costs struck a record high of 77,641 rupees ($ 923.85) per 10 grams, up more than 15% from a. four-month low of 67,400 rupees struck in July. The continuous rate rally is decreasing the demand. Consumers are purchasing less volume because they need to allocate. even more money if they want to purchase the exact same volume they planned. with the increasing rates, said Bachhraj Bamalwa,...