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Gold holds above $1,250/oz ahead of U.S. jobs data

* Dollar steady, equities little changed ahead of U.S. data * Coming up: U.S. August non-farm payrolls data at 1230 GMT * Silver poised for further gains after 3-1/2 month high LONDON, Sept 3 (Reuters) – Gold prices held steady above $1,250 an ounce in Europe on Friday, within $15 of their record high, as [...]


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Crops Start Firm – But Can The Gains Hold?

03-Sep (Agrimoney) – Crops made another firm start, lifted by hopes for US exports, although there were concerns over the longevity of gains, given a long weekend ahead. This time soybeans made the biggest impression in Chicago, adding 1.0% to $10.18 ¾ a bushel for November delivery as of 07:15 GMT (08:15 UK time), with [...]


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Risk currencies firm, await U.S. jobs report

* Yen near 15-yr high on dlr; Swissie near record peak vs euro * 1-week dlr/yen risk reversal puts premium on dollar calls * US payrolls data in focus,median forecast of 100,000 fall TOKYO, Sept 3 (Reuters) – The euro and high-yielding currencies held firm on Friday after an improvement in U.S. housing and jobless [...]


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Stocks Move Higher Following Jobs, Housing Reports

Stocks rise after pending home sales, factory orders rise and unemployment claims dip NEW YORK (AP) — Stocks rose Thursday, extending their gains from the day before, after reports on housing, manufacturing and jobs all indicated that the economy continues to grow. The Dow Jones industrial average rose 50 points, having jumped 254 on Wednesday [...]


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Dollar, yen recover losses; ECB eyed

* Dollar index flat at 82.557 * ECB seen extending offer of unlimited funds * Investors hesitant before U.S. jobs data * Sweden’s Riksbank raises rates as expected LONDON, Sept 2 (Reuters) – The dollar and yen recovered losses on Thursday as risk-taking sentiment was tempered ahead of a European Central Bank policy meeting later [...]


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Gold inches up as econ outlook remains murky

* Upward trend intact despite recent upbeat econ data * Holdings in gold and silver ETFs keep rising * Coming up: U.S. weekly initial jobless claims; 1230 GMT SHANGHAI, Sept 2 (Reuters) – Gold prices were slightly firmer on Thursday, and could stay on the rise as global economic prospects remain shaky, while investors watch [...]


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Dollar on defensive after data whets risk appetite

* Dollar steadies after risk appetite boost a day earlier * ECB seen keeping rates at 1.0 pct at Thursday’s meeting * Investors hesitant on fresh positions before U.S. jobs data * Japan political uncertainty keeps intervention caution high * Aussie slips on smaller-than-expected trade surplus TOKYO, Sept 2 (Reuters) – The dollar was on [...]


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Markets Start September With A Bang; Dow Up 255

Stocks start month with a big rally after signs of growth in US, Chinese manufacturing NEW YORK (AP) — The fear that has been hanging over markets for most of August lifted on Wednesday. For how long remains anyone’s guess. The stock market started September with a jolt, turning sharply higher after a pair of [...]


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Crops Stride Brightly Into September

Agrimoney (01-Sep) The question for Wednesday was whether, being the first day of the month, it would bring an influx of fresh money into crop markets. Months’ opening trading days often attract new buying, just as month ends often see position covering, as funds tidy up portfolios. “The beginning of a new month on Wednesday [...]


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Crude steady below $72 as supply outpaces demand

SINGAPORE, Sept 1 (Reuters) – Crude was steady below $72 on Wednesday after tumbling 3.7 percent the previous day on signs U.S. stockpiles rose further last week and prospects for bad weather to suppress gasoline demand at the end of the driving season. * U.S. crude for October shed 3 cents to $71.89 a barrel [...]


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