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Oil inches lower in thin trade, investors eye China, US data
By Florence Tan SINGAPORE, Dec 30 (Reuters) - Oil prices slipped lower on Monday in thin holiday trade ahead of the year-end as traders awaited more economic data from China and the U.S. later this week to assess growth in the world's two largest oil consumers.Brent crude futures LCOc1 fell 6 cen
Mon, Dec 30
METALS-Metals trade mixed, firmer dollar weighs on market
By Violet Li and Mei Mei Chu SHANGHAI, Dec 30 (Reuters) - Base metals traded mixed on Monday, with a stronger U.S. dollar making its more expensive for other currency holders to buy greenback-priced commodities.Rising U.S. Treasury yields have been a boost for the dollar, with the key 10-year not
Mon, Dec 30
Trump says extension of the debt ceiling will 'go down as one of the dumbest political decisions made in years'
U.S. President-elect Donald Trump said the extension of the debt ceiling will "go down as one of the dumbest political decisions made in years," referring to a 2023 budget deal struck by then-House Speaker Kevin McCarthy and President Joe Biden.
Mon, Dec 30
Oil heads for weekly gain on China stimulus hopes
LONDON, Dec 27 (Reuters) - Oil prices rose almost 1% on Friday and was on track for a weekly gain, spurred by expectations of a stimulus-driven economic recovery in China, the world's biggest oil importer, and by forecasts of lower U.S. inventories.
Fri, Dec 27
USD looks set to rise to probe a major Fibo in January
Dec 27 (Reuters) - The U.S. dollar is in great shape as 2025 approaches and it will likely make further gains to test a major technical resistance level in January.
Fri, Dec 27
Gold set for weekly gains amid geopolitical uncertainty
Dec 27 (Reuters) - Gold prices eased on Friday but were set for a weekly gain as investors gravitated towards safe-haven assets amid political uncertainty in the Middle East, overshadowing pressure from a firmer dollar.
Fri, Dec 27
UPDATE 2-Putin says Slovakia could host peace talks with Ukraine
Russian President Vladimir Putin said on Thursday that Russia is open to a Slovakian proposal to host peace talks with Ukraine to end a conflict he said Russia was determined to bring to a conclusion.
Fri, Dec 27
PRECIOUS-Gold rangebound, heads for a small weekly gain
Gold prices were stuck in a tight range on Friday after rising to their highest in a week in the previous session as geopolitical tensions supported safe-haven demand and led the metal to be on track for a small weekly gain.
Fri, Dec 27
GLOBAL MARKETS-Asian stocks meander, yen at 5-month low in thin year-end trading
Asian stocks drift, with Nikkei rising on weak yenYen wallows at five-month lows, set for 10% fall in 2024Fresh warnings from Japanese authorities nudge a bit higherMoves muted due to thin year-end trading Updates to mid-Asian afternoonBy Ankur Banerjee SINGAPORE, Dec 27 (Reuters) - Asian stocks
Fri, Dec 27
UPDATE 1-Russia warns the United States on possible nuclear testing under Trump
Recasts headline and lead, adds quotes and context on nuclear testingMOSCOW, Dec 27 (Reuters) - Russia's arms control point man cautioned Donald Trump's incoming administration on Friday that Moscow was considering a whole range of possible steps on nuclear testing due to what it said was Trump's ra
Fri, Dec 27
Base metals mixed, copper supported by tight supply
SHANGHAI, Dec 27 (Reuters) - Base metal prices were mixed on Friday, moving within tight ranges with the strong dollar limiting gains, although copper found support from supply tightness in copper concentrate.
Fri, Dec 27
China's Nov industrial profits narrow decline but 2024 likely worst year in decades
BEIJING, Dec 27 (Reuters) - China's industrial profits fell at a slower clip in November, official data showed on Friday, but the annual decline in earnings this year is expected to be the worst in over two decades due to persistently soft domestic consumption.
Fri, Dec 27
METALS-Base metals mixed, copper supported by tight supply
By Violet Li and Mei Mei Chu SHANGHAI, Dec 27 (Reuters) - Base metal prices were mixed on Friday, moving within tight ranges with the strong dollar limiting gains, although copper found support from supply tightness in copper concentrate.The three-month copper on the London Metal Exchange (LME) C
Fri, Dec 27
Oil prices set for weekly gain on China stimulus optimism
Dec 27 (Reuters) - Oil prices were little changed on Friday but were set for a weekly rise amid optimism economic stimulus efforts will prompt a recovery in China, the world's biggest oil importer.Brent crude futures LCOc1 fell 1 cent to $73.25 a barrel by 0145 GMT. U.S. West Texas Intermediate
Fri, Dec 27
FOREX-Yen hovers near 5-month low as BOJ's cautious stance weighs
By Kevin Buckland TOKYO, Dec 27 (Reuters) - The yen hovered near a five-month low to the dollar on Friday as the U.S. Federal Reserve's hawkish messaging contrasted with the Bank of Japan's cautious approach to further policy tightening.The yen traded at 157.725 per dollar JPY=EBS as of 0030 GMT,
Fri, Dec 27
China's Jan-Nov industrial profits fall 4.7% y/y
BEIJING, Dec 27 (Reuters) - Profits at China's industrial firms fell 4.7% in the first 11 months from the same period last year, official data showed on Friday.The fall extended a 4.3% decline in the January-October period, according to National Bureau of Statistics data.Industrial profit numbers co
Fri, Dec 27
UN chief says Israeli strikes in Yemen, including at airport, are alarming
The spokesperson of U.N. Secretary-General Antonio Guterres on Thursday condemned escalations between Israel and Yemen, saying Israel's airstrikes on Yemen's Sanaa International Airport, the Red Sea ports and power stations were alarming.
Fri, Dec 27
Healthcare cases to watch in Trump's second term
Dec 26 (Reuters) - When Republican President-elect Donald Trump takes office for the second time next year, he will inherit a slew of lawsuits challenging the Biden administration's healthcare policies.
Thu, Dec 26
US legal industry's China retreat gained steam in 2024
Dec 26 (Reuters) - Major U.S. law firms scaled back from Greater China's legal market at a rapid pace in 2024, highlighting an uncertain future for foreign firms in the world's second largest economy.
Thu, Dec 26
US STOCKS-Futures lower in holiday-thinned trading
Dec 26 (Reuters) - U.S. stock index futures were lower on Thursday in light trading volumes after the Christmas holiday, as investors took stock of their portfolios and looked for a boost for the final month of the year from the so-called Santa Claus rally.
Thu, Dec 26
