Dollar on reversal track after optimistic Mario Draghi comments and weak US data
Eurozone job data surprises on higher side, while US Markit services PMI dips.
PARTNER
Opec's former research boss sees Brent dropping to about $40 in 2015
Hasan Qabazard says Brent crude will trade between $40 to $50 a barrel in the fourth-quarter of 2015.
Opec meeting: Oil cartel is not inclined to alter crude production limits
Commerzbank expects that Opec will confirm its production target of 30 million barrels per day on 5 June.
Euro holds gains amid positive data ahead of ECB rate decision
Draghi's Greece-related comments are likely to be crucial later in the day.
More news
Petrobras and India's ONGC discover new oil reservoir off Brazil's Sergipe
Petrobras is the operator and has a 75% stake in the prospect, with India's ONGC holding 25%.
Shell and Total believe future is in natural gas and not in coal
BP, Exxon, Statoil and Chevron also to discuss push to gas.
India: Rupee falls despite RBI rate cut amid drought fears
Rupee weighed down by drought fears and strong dollar and oil prices.
Asian markets round-up: Most bourses drop post RBA and RBI rate decisions
Capital Economics expects Australian interest rates to fall to 1.5% this year and Indian rates to drop to 7%.
Teddy Sagi: Israeli billionaire bachelor who has just saved spread-betters Plus500 for £500m
The Israeli tycoon is worth $3.5bn and spent £500m buying up Camden Market in 2014.
Market round-up: Disappointing manufacturing output sends FTSE 100 down after morning gains
FTSE 100 closed 0.44% lower than the open with Ashtead group as its biggest riser.
Huatai Securities: World's second biggest IPO this year fails to sizzle
Huatai Securities's Hong Kong debut, also Asia's largest listing this year, was not as robust as expected.
Asian markets round-up: Most bourses trim losses after Chinese equities rally
The Shanghai Composite, the world's best performing market, has gained some 49% so far this year.
Crude oil futures see mixed monthly trade ahead of crucial Opec meeting
Market watchers now await oil cartel Opec's output decision, due out on 5 June.
Gold prices to rise next week despite strong US dollar
Bullion market awaits interest rate decisions of BoE and ECB as well as US job data.
Higher crude oil prices will not save Russia from a recession
Russia's economy could contract by 3.3% this year, reveals a Reuters poll of 15 analysts.
Asian markets round-up: Most bourses rise amid China correction fears
The Shanghai Composite has gained some 42.63% this year while the Hang Seng has gained some 16.62%, driven by margin trade.
Equinix to buy UK rival TelecityGroup for £2.35bn
The deal will create the largest data centre player in Europe.
UK pound falls to three-week low on disappointing GDP numbers
GBP/USD is down 3.4% from the six-month high hit on 14 May.
Chipmaker Avago to buy rival Broadcom in $37bn deal
Singapore-based Avago will offer Broadcom shareholders $17bn in cash and Avago shares valued at $20bn.
India rupee holds near 20-month low ahead of Q1 GDP data
The rupee has fallen more than 4% over the past three months.
Libor rigging trial: Bank of England official 'The Hammer' sent emails crucial to rate fixing
Southwark Crown Court hears Barclays, Lloyds and BNP Paribas also copied in on emails.
Asian markets round-up: Nikkei scales new high but Chinese markets plunge
The Shanghai Stock Exchange (SSE) sees A share turnover hit CN¥1.2tn ($193.52bn), a record high, on 28 May's selloff.
Philippines growth rate falls but outlook upbeat ahead of elections
Growth rate forecast to rebound on election spending and low oil prices.
JLR-parent Tata Motors shares drop after China troubles batter profit
Sales of JLR cars in China, the firm's biggest market, dropped 20% in the quarter ended March.
Yen slide: Levels to watch ahead of new record low vs dollar
A decisive break of 124.75 will take USD/JPY through 135.05, the 2002 record.
Asian markets round-up: Most bourses trade lower after weak Wall Street handover
Nikkei strikes a fresh 15-year high and the benchmark index has gained some 17.3% so far this year.
Edmund Shing: Make money from a strong pound at Marks and Spencer and Majestic Wines
Pound sterling has hit its highest level against other major world currencies for over seven years.
Euro hovers near 1-month low amid Greek default woes, $1.0660 in target
Euro has broken key support, opening doors to new multi-year lows.
Travel agent Priceline to inject additional $250m into China's Ctrip.com
The Nasdaq-listed companies promote hotel packages on each other's websites.
IMF: Chinese yuan is no longer undervalued
IMF says appreciation over past year has normalised exchange rate of yuan.
US healthcare firm PureTech seeks $160m in London floatation
Boston-based PureTech Health proposes to list itself on the main market of the London Stock Exchange in June.
Asian markets round-up: Most bourses rise despite lack of fresh cues
Chinese billionaire Pan Sutong's Goldin Properties Holdings rockets 44.09% in Hong Kong trade.
Asian markets round-up: Most bourses rise on Beijing's latest stimulus package
Markets in Tokyo and Shanghai strike fresh multi-year highs amid thin-Asian trade.
War torn Ukraine's economy could shrink by nearly 10% in 2015
Ukraine, battling separatists and bondholders, has also been hit by the oil rout and international sanctions on Russia.
- Promoted in Markets
- 1
- 2
- 3
- 4
- 5
-
10 Photos and Quick Facts about Kylie Page: Age, Career, Net Worth and Cause of Death
-
US Uncovers $15bn Healthcare Fraud Network Tied to Russian and Eastern European Crime Rings
-
'Surveillance on Steroids': China's New National Internet ID Will Track Every Click, Post and Login
-
Trump Wanted to Date Princess Diana, But She 'Tossed His Bouquets in the Bin,' Friend Reveals
