NEW YORK: US stock index futures pointed to a modestly lower open on Friday as crude oil prices continued to fall, putting the S&P 500 on track for its third straight weekly decline. Markets have been volatile this week, with the S&P posting both its biggest Read More
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The Australian bond market is weaker as a flat set of US producer inflation figures make an imminent American interest rate increase look less likely. However, futures markets still expect the US Federal Reserve to raise the key rate in 2015. But a 0.5 per cent decline during February in the US producer price index Read More
The US Justice Department is looking to fine four banks RBS (LSE: RBS.L – news) , Barclays (LSE: BARC.L – news) , Citigroup (NYSE: C – news) and JP Morgan Chase to settle accusations of criminal activity in the currency markets Royal Bank of Scotland and Barclays are facing penalties of about $ 1bn (£662m) Read More
SYDNEY: US wheat futures resumed their downward trend on Tuesday, edging lower after a spike in the previous session, as expectations of ample global supply weighed on prices. Corn fell, giving back nearly some of its gains from the previous session, while soybeans were little changed. Read More
CHICAGO: US wheat futures rose 1.4 percent to a one-week high on Wednesday, extending four-day gains to around 4 percent, supported by short-covering and concern about dry weather in US growing regions. Corn and soybeans also firmed, although renewed strength in the dollar capped rallies. At Read More
CHICAGO: US wheat futures rose 1.2 percent to a one-week high on Wednesday, extending four-day gains to nearly 4 percent on short-covering and concerns about dry weather in US growing regions. Corn and soybeans also firmed, although renewed strength in the dollar capped rallies. At the Read More
New York (AFP) – Crude-oil prices slid Thursday as traders focused on rising US stockpiles amid a global supply glut. US benchmark West Texas Intermediate (WTI) for April delivery sank $ 1.12 to close at $ 47.05 a barrel on the New York Mercantile Exchange. In London, Brent North Sea crude for April, the global Read More
* S&P may be poised for third straight weekly decline * Consumer sentiment data on tap after market open * FXCM (NYSE: FXCM – news) rallies in premarket after strong results * Futures up: Dow 6 pts, S&P 0.25 pt, Nasdaq 2.5 pts (Updates prices) By Ryan Vlastelica NEW YORK, March 13 (Reuters) – S&P Read More
* S&P may be poised for third straight weekly decline * Consumer sentiment data on tap after market open * FXCM (NYSE: FXCM – news) rallies in premarket after strong results * Futures up: Dow 14 pts, S&P 2.25 pts, Nasdaq 7.75 pts By Ryan Vlastelica NEW YORK, March 13 (Reuters) – S&P Futures were Read More
U.S. stock futures were mixed Thursday, with the Dow Jones Industrial Average and Nasdaq 100 lower and the S&P 500 higher, as markets waited for data on jobless claims and retail sales that could provide further incentive for the U.S. Federal Reserve to raise interest rates. At 8:30 a.m. E.T. data are expected to Read More