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RTTN:Crude Moves Higher On EU Deal
  29 Jun 16:55
 
(RTTNews) - The price of crude oil was rebounding Friday morning after the European leaders agreed to take action to bring down Italy's and Spain's spiraling borrowing costs and to create a single supervisory body for euro zone banks by the end of this year...
 
RTRS:Crude oil up $3, set for deep quarterly fall
  29 Jun 16:55
 
* EU agrees on action to tackle spiralling borrowing costs
* Norwegian union leaders meet to discuss esclating strike

* Coming up: CFTC weekly traders data at 1930 GMT (Adds detail, updates prices)

By Jessica Donati

LONDON, June 29 (Reuters) - Oil rallied with other commodities and the euro on Friday, rising by $3 a barrel after European leaders agreed on a strategy to tackle soaring borrowing costs in Italy and Spain, but it was still set for the deepest quarterly loss since 2008...
 
TH:Gold futures down on weak global cues
  29 Jun 16:41
 
Gold futures prices on Friday fell by Rs 173 to Rs 29,788 per 10 grams as speculators offloaded their positions, tracking a weak trend in the New York market...
 
RTRS:PRECIOUS-Gold climbs but still set for worst quarter in 8 yrs
  29 Jun 16:40
 
* Gold jumps more than 1 pct, erasing June losses

* EU leaders agree to recapitalise banks from rescue fund

* Spot gold still on track for worse quarter since Q2 2004 (Updates throughout, changes dateline, pvs SINGAPORE)

By Jan Harvey

LONDON, June 29 (Reuters) - Gold prices rose on Friday along with the euro after leaders at a European Union summit struck a deal to cut borrowing costs for Spain and Italy, but stayed on track for their biggest quarterly drop in eight years after a dire performance in May and June...
 
ET:Gold tumbles by Rs 360, silver by Rs 550
  29 Jun 16:40
 
NEW DELHI: Gold prices today tumbled by Rs 360 to Rs 30,060 per 10 grams in the bullion market here today, while silver shed Rs 550 on sluggish demand amid weak global cues...
 
RTRS:VEGOILS-Palm oil edges up on EU hopes, US dry weather
  29 Jun 16:39
 
* Optimism returns after EU leaders agree to create
supervisory body
* Palm oil posts 12 pct quarterly loss, worst since Q1 2011
* Dry weather worries in U...
 
FX:Crude oil climbs on euro zone optimism, weak greenback
  29 Jun 16:38
 
Forexpros - Crude oil futures were higher during European afternoon trade on Friday, as news of an agreement to ease conditions on emergency loans for Spanish banks and possible help for Italy boosted market sentiment...
 
RTRS:Kenya shilling steady vs dollar, central bank eyed
  29 Jun 16:36
 
NAIROBI (Reuters) - The Kenyan shilling could firm against the dollar on Friday, traders said, with the central bank expected to mop up liquidity via repurchase agreements later in the session...
 
RTRS:Indian shares rally on EU summit, rupee gains
  29 Jun 16:13
 
(Reuters) - Indian shares rose 2...
 
BLBG:Asian Stocks Rise As Euro Leaders Drop Spain Conditions
  29 Jun 16:12
 
Asian stocks climbed, with the regional benchmark index posting its biggest first-half gain in three years, after European leaders meeting in Brussels agreed to ease repayment rules for Spanish banks and make it easier to recapitalize the region’s troubled lenders...
 
BLBG:Treasuries Fall On EU Plan For Loans To Spanish Banks
  29 Jun 16:10
 
Treasuries fell, with 10-year yields rising the most in almost three weeks, after euro-area leaders relaxed terms on loans to Spanish banks as part of measures to contain the region’s debt crisis...
 
MW:Euro soars as EU moves to bolster Spain, Italy
  29 Jun 16:09
 
By William L...
 
RTTN:Eurozone Inflation Remains Unchanged In June, Still Above Target
  29 Jun 16:08
 
(RTTNews) - Eurozone annual inflation remained unchanged at 2...
 
RTRS:Brent back up to $93, but deep quarter loss
  29 Jun 16:07
 
By Jessica Donati

LONDON (Reuters) - Oil rallied with other commodities and the euro on Friday, rising over $2 after European leaders agreed on a strategy to tackle soaring borrowing costs in Italy and Spain, but was still set for the deepest quarterly loss since 2008...
 
RTRS:GLOBAL MARKETS-EU deal boosts euro, cuts Spain, Italy debt yields
  29 Jun 16:07
 
* Spanish and Italian bond yields fall on deal
* European and Asian shares jump

* Euro surges over 1...
 
WSJ:Euro-Zone CDS Is a Harbinger for Euro’s Fortunes
  29 Jun 15:54
 
By David Cottle

Imagine you could insure the entire euro zone as a single entity against debt default (and imagining it is as close as we will ever get in the real world if Angela Merkel has her way)...
 
RTRS:EURO GOVT-German 10-year yields rise above U.S. counterparts
  29 Jun 15:50
 
(Reuters) - Ten-year German government bond yields rose above their U...
 
RTRS:Loans to euro zone private sector shrink in May
  29 Jun 15:49
 
(Reuters) - Loans to euro zone households and firms fell in May, and banks reduced lending to businesses, European Central Bank data showed on Friday...
 
RTRS:EURO GOVT-Spanish, Italian yields slide after EU deal
  29 Jun 15:48
 
* Spanish, Italian yields fall sharply on summit measures
* German Bunds slide as relief takes hold

* Analysts caution more details are needed

By Kirsten Donovan and Ana Nicolaci da Costa

LONDON, June 29 (Reuters) - Spanish and Italian government bond yields fell sharply on Friday, and safe-haven German government debt sold off, after European Union leaders agreed a plan to allow rescue funds to be used to stabilise debt markets and directly recapitalise banks...
 
ET:Rupee over one-week high, below 56 per dollar
  29 Jun 15:48
 
The rupee gained for the first time in more than a week as hefty gains in the stock markets raised hopes for foreign capital inflows...
 
WSJ:New Zealand Dollar Rallies After EU Summit News Pleases
  29 Jun 15:47
 
WELLINGTON--The New Zealand dollar rallied against the greenback Friday afternoon on positive news from the summit of European Union leaders, leaving the currency sharply higher on the day although it was little changed from a day earlier following overnight losses...
 
RTTN:Indian Rupee At 9-day High Against U.S. Dollar
  29 Jun 15:47
 
(RTTNews) - In late afternoon deals on Friday, the Indian rupee strengthened against the U...
 
RTRS:FOREX-Euro stages relief rally on EU agreement
  29 Jun 15:45
 
* Euro/dollar poised to biggest daily rise in 8 months
* ESM's lack of preferred credit status to Spain cheered

* Agreement upends expectations for no progress at EU summit

By Anirban Nag

LONDON, June 29 (Reuters) - The euro rose sharply against the dollar on Friday after European leaders agreed on decisive action to lower the borrowing costs of Italy and Spain and create a single supervisory body for euro area banks...
 
BS:Rupee trading at over 1-week high
  29 Jun 15:24
 
Rupee is trading above 56 to the dollar for the first time in more than a week as hefty gains in the domestic share market raised hopes for foreign capital inflows while the risk-on mode globally also hurts...
 
RTRS:Indian gold traders buy as prices near 2-wk low
  29 Jun 15:24
 
MUMBAI, June 29 (Reuters) - Indian gold prices extended
losses on Friday, hitting its lowest level in nearly two weeks,
weighed by a firm rupee, triggering bargain hunting from
physical traders as price levels were attractive...
 
MC:Gold Rates: MCX GOLDGUINEA June contract declines
  29 Jun 15:22
 
GOLDGUINEA prices on MCX were trading lower...
 
BS: Copper up 0.59% on overseas cues
  29 Jun 15:21
 
Copper prices rose by 0...
 
ET:Oil jumps near $80 after EU deal on Spanish banks
  29 Jun 15:21
 
SINGAPORE: Oil jumped to near $80 a barrel Friday in Asia, bouncing off an eight-month low after European leaders agreed to use the continent's bailout fund to funnel money directly to struggling Spanish banks...
 
BLBG:Oman Crude Official Selling Price Down 12% To $94.42 In August
  29 Jun 15:20
 
The August official selling price for Oman oil will fall to $94...
 
RTRS:Kenya shilling steady vs dollar, central bank eyed
  29 Jun 15:19
 
NAIROBI, June 29 (Reuters) - The Kenyan shilling
could firm against the dollar on Friday, traders said, with the
central bank expected to mop up liquidity via repurchase
agreements later in the session...
 
RTRS:Sterling jumps vs dollar after summit action on debt
  29 Jun 15:19
 
* Pound climbs 1 pct vs dollar as risk rallies
* Strong resistance expected $1...
 
RTRS:India oilseeds, soyoil steady as strong rupee weighs
  29 Jun 15:15
 
(Reuters) - Indian soybean futures were steady in volatile trade on Friday as profit-taking driven by a rise in rupee outweighed gains in the world market and concerns over soybean sowing in India owing to poor rainfall...
 
BLBG:Palm-Oil Exports From Indonesia Set To Advance On Ramadan
  29 Jun 15:15
 
Palm-oil shipments from Indonesia, the world’s largest producer, may climb 9...
 
BLBG:Oil Rises From Nine-Month Low On Supply, Europe Measures
  29 Jun 15:14
 
Oil rebounded from the lowest close in almost nine months in New York on speculation that European measures aimed at fighting the region’s debt crisis will spur demand for fuel...
 
BLBG:Stock, Euro Rise As EU Relief Plan Spurs Spain Bond Rally
  29 Jun 15:14
 
Stocks rose, the euro strengthened the most this year and Spanish bonds rallied after European leaders reached an agreement that alleviated concern banks will fail...
 
BLBG:Oil Drops To Eight-Month Low On U.S., German Unemployment
  29 Jun 15:13
 
Oil fell to an eight-month low as unemployment data from the U...
 
BLBG:China, Singapore Exempted From U.S. Iran Oil Sanctions
  29 Jun 15:12
 
The U...
 
MW:Euro-zone May private loans fell annual 0.1%
  29 Jun 15:05
 
By William L...
 
BLBG:Euro Rises After EU Leaders Renounce Spain Loan Seniority
  29 Jun 12:07
 
The euro surged the most this year after European leaders eased terms on loans to Spanish banks, taking a step to resolve the region’s debt crisis...
 
BLBG:Treasuries Fall On EU Plan For Loans To Spanish Banks
  29 Jun 12:07
 
Treasuries fell the most in a week after euro-area leaders eased terms on loans to Spanish banks, taking a step to curb the region’s debt crisis...
 
BLBG:Asian LNG Exports Drive Canadian Gas Industry Purchases
  29 Jun 12:06
 
The prospect of shipping liquefied natural gas to Asia helped convince Petroliam Nasional Bhd to buy Canada’s Progress Energy Resources Corp...
 
BLBG:Euro Rises After EU Leaders Renounce Spain Loan Seniority
  29 Jun 12:06
 
The euro surged the most this year after European leaders eased terms on loans to Spanish banks, taking a step to resolve the region’s debt crisis...
 
BLBG:Euro Rises Most In Eight Months As Stocks, Oil Gain On EU
  29 Jun 12:05
 
The euro strengthened, while U...
 
BLBG:Asian Stocks Rise As Euro Leaders Drop Spain Conditions
  29 Jun 12:05
 
Asian stocks climbed, with the regional benchmark index posting its biggest gain in three weeks, after European leaders meeting in Brussels agreed to ease repayment rules to Spanish banks and make it easier to recapitalize the region’s troubled lenders...
 
BLBG:Palm-Oil Exports From Indonesia Set To Advance On Ramadan
  29 Jun 12:05
 
Palm-oil shipments from Indonesia, the world’s largest producer, may climb 9...
 
BLBG:Gold Traders Extend Bullish Streak As Debt Crisis Deepens
  29 Jun 12:04
 
Gold traders are bullish for a sixth week on speculation that Europe’s debt crisis will boost demand from investors seeking to protect their wealth and drive prices higher after the biggest quarterly slump in eight years...
 
BLBG:Commodities Climb After Europe Drops Conditions On Spanish Loans
  29 Jun 12:04
 
Commodities advanced after Euro-area leaders agreed to ease repayment rules for emergency loans to Spanish banks and relax conditions on potential help for Italy as German Chancellor Angela Merkel gave in on expanded steps to stem the debt crisis...
 
BLBG:Oil Rises From Nine-Month Low On Supply, Europe Measures
  29 Jun 12:04
 
Oil rebounded from the lowest close in almost nine months in New York amid speculation a European Union embargo on Iran, OPEC’s second-largest exporter, and a strike in Norway will tighten crude supplies...
 
BLBG:Euro Pares Losses As European Leaders Agree To Stimulus
  29 Jun 12:03
 
The euro pared losses against the dollar after the European Union agreed to spend 120 billion euros ($149 billion) to stimulate growth and create jobs...
 
BLBG:Canadian Dollar Weakens For 2nd Day As Traders Pare Risk Assets
  29 Jun 12:03
 
Canada’s dollar fell for a second day against its U...
 
BLBG:Oil Drops To Eight-Month Low On U.S., German Unemployment
  29 Jun 12:02
 
Oil fell to an eight-month low as unemployment data from the U...
 
BLBG:Commodities Falls Most In Week On Europe Concerns, Jobless Rate
  29 Jun 12:02
 
Commodities fell the most in a week on skepticism that European Union leaders will make progress on the debt crisis and after a report showed U...
 
MW:Silver’s split personality feeds steep price drop
  29 Jun 12:01
 
Metal’s set for biggest quarterly loss in almost four years

By Myra P...
 
MW:Oil futures rally after EU bank plan
  29 Jun 12:00
 
By Virginia Harrison, MarketWatch
SYDNEY (MarketWatch) — Benchmark U...
 
RTRS: UPDATE 6-Oil down over 2 pct on equities' dip, euro zone worry
  28 Jun 21:38
 
* Wall Street extends losses after Supreme Court decision

* Euro zone deeply divided over how to battle debt crisis

By Gene Ramos

NEW YORK, June 28 (Reuters) - Crude oil futures extended losses to more than 2 percent o n T hursday, pressured by equities which fell further after the U...
 
MW: Natural gas adds to losses after supplies report
  28 Jun 21:37
 
By Claudia Assis
SAN FRANCISCO (MarketWatch) -- Natural-gas futures fell further Thursday after a report showed a larger-than-expected increase in weekly supplies of the product...
 
RTRS: Gold loses traction as EU summit prospects fade
  28 Jun 21:36
 
* Gold hits 4-week low in choppy trade after U...
 
MW: Dollar gains on dimming EU summit hopes
  28 Jun 21:36
 
By Deborah Levine and William L...
 
MW: Treasurys gain as EU summit starts
  28 Jun 21:35
 
U...
 
MW: Dollar rebounds on dimming EU summit hopes
  28 Jun 19:37
 
German jobs data, euro-zone sentiment reading knocks euro


By Deborah Levine and William L...
 
BLBG: European Chiefs Put Bond Buying On Table As Crisis Summit Opens
  28 Jun 19:35
 
European Union leaders focused on immediate help for Spain and Italy at the start of a two-day summit intended to chart a path out of their financial crisis...
 
MW: 30-year mortgage rate remains at 3.66%
  28 Jun 18:50
 
By Ruth Mantell
WASHINGTON (MarketWatch) - The 30-year fixed-rate mortgage average remained at 3...
 
TK: Nikkei Jumps 1.6%, Japanese Retail Sales up 3.6%
  28 Jun 18:50
 
The benchmark indexes in Tokyo jumped as short sellers unwind positions and institutional investors add more exposure to domestic stocks in six months...
 
ISL: Yen Up, Euro, Pound Down
  28 Jun 18:48
 
The official value of the shekel rose an average of ...
 
MW: Stock-index futures sink on Europe jitters
  28 Jun 18:47
 
J...
 
BLBG: U.S. Stock-Index Futures Fall As JPMorgan Drops On Report
  28 Jun 18:46
 
U...
 
MSN: Copper flat, metals tread water ahead of EU summit
  28 Jun 18:45
 
LONDON (Reuters) - Copper spun wheels at largely unchanged levels on Thursday after three days of gains, as investors waited to see whether a European Union summit would succeed in tackling the region's debt crisis...
 
MW: Oil adds to gains; gold shaves drop after data
  28 Jun 18:37
 
By Anna Andrianova
NEW YORK (MarketWatch) -- Oil futures climbed further, and gold pared losses, after the U...
 
MW: U.S. first-quarter GDP growth stays at 1.9%
  28 Jun 18:35
 
Corporate profits fall for first time in four years, revised data show


By Jeffry Bartash, MarketWatch
WASHINGTON (MarketWatch) — The U...
 
ND: TSX To Open Mixed; Progress Energy May Jump On Acquisition
  28 Jun 18:34
 
(RTTNews...
 
BR: Asian markets mixed ahead of EU summit
  28 Jun 18:34
 
HONG KONG: Asian markets were mixed Thursday as a positive lead from Wall Street was offset by low expectations of concrete action at a key EU summit to resolve the spiralling eurozone crisis...
 
BR: Brent falls towards $93 on euro zone
  28 Jun 18:32
 
LONDON: Brent crude oil slipped to around $93 per barrel on Thursday as worries a deepening euro zone crisis would curb economic growth and energy demand outweighed a cut in Norwegian oil output...
 
AT: Oil ends higher after inventories, macro data
  28 Jun 18:29
 
SAN FRANCISCO (MarketWatch) -- Crude-oil futures ended higher Wednesday, supported by a decline in inventories and solid U...
 
BLBG: Jobless Claims In U.S. Hovered Last Week Near 2012 High
  28 Jun 18:28
 
The number of applications for unemployment benefits hovered last week near the highest level of the year, showing little improvement in the U...
 
RTRS:Indian gold traders refrain from new deals
  28 Jun 16:05
 
(Reuters) - Gold traders in India were hesitant to place deals in a slack demand period even as prices edged lower weighed by a stronger rupee and weak overseas markets...
 
MC:Silver Prices: MCX SILVER September contract slips
  28 Jun 16:05
 
SILVER prices on MCX slipped today...
 
RTRS:Brent below $93 as EU worries outweigh Norway strike
  28 Jun 16:04
 
* Norway strike cuts oil output by 240,000 bpd
* Euro zone divided over how to battle debt crisis

* Coming Up: U...
 
ET:Yuan ends down vs dollar on strong dollar demand
  28 Jun 16:04
 
SHANGHAI: Spot yuan ended down slightly against the dollar on Thursday after the People's Bank of China set a slightly weaker midpoint and companies had strong month-end dollar demand, dealers said...
 
RTRS:Euro falls to 3-week low vs dollar before EU summit
  28 Jun 16:04
 
(Reuters) - The euro fell to a three-week low against the dollar on Thursday on expectations that a European Union summit starting later in the day will do little to address the region's debt crisis...
 
MC:Rupee trading near day's high
  28 Jun 16:03
 
Rupee close to day's high in range-bound trade, with the currency still drawing comfort from Prime Minister Manmohan Singh's calls for renewed reforms...
 
RTRS:Euro zone crisis saps confidence in June as leaders meet
  28 Jun 16:03
 
* Mood worsens across the euro zone's economy
* Economic sentiment also falls in top economy Germany

By Robin Emmott

BRUSSELS, June 28 (Reuters) - Euro zone economic sentiment fell by more than expected in June, as managers of businesses and in factories across the currency area saw little reason for cheer as the region's economy stalls, even in wealthier, northern nations...
 
RTRS:EURO GOVT-Italian yields pare rise after auction
  28 Jun 16:03
 
(Reuters) - Yields on 10-year and five-year Italian government bonds in the secondary market pared an earlier rise on Thursday after Italy sold near the top of the range of its planned issuance...
 
ET:Bond yields edge down on euro fall
  28 Jun 16:02
 
India's benchmark 10-year bond yield down 1 basis point on the day at 8...
 
RTTN:German Unemployment Climbs As Euro Crisis Escalates
  28 Jun 16:02
 
(RTTNews) - German unemployment increased in June as firms shed jobs amid the growing uncertainty surrounding the Eurozone debt crisis and the rising threat of contagion to bigger economies...
 
RTRS:GLOBAL MARKETS-Euro, shares turn lower as EU summit hopes dim
  28 Jun 16:02
 
* European shares turn lower, FTSEurofirst 300 down 0...
 
RTRS:Euro, shares turn lower as EU summit hopes dim
  28 Jun 16:01
 
(Reuters) - The euro hit a three-week low and European shares fell on Thursday as divisions among European leaders dashed any hopes of concrete measures to tackle the region's debt crisis, sending 10-year Spanish government bond yields above 7 percent...
 
ET:Eurozone Crisis: Inflation eases in recession-bound Spain
  28 Jun 16:01
 
MADRID: Lower fuel prices helped drag inflation in Spain's recession-bound economy to well below the average of the 17-nation eurozone in June, official data showed Thursday...
 
RTTN:Eurozone June Economic Sentiment Falls Less Than Forecast
  28 Jun 16:00
 
(RTTNews) - Eurozone economic confidence declined less than economists expected in June, survey results from European Commission showed Thursday...
 
BLBG:Stocks Gain A Third Day On Global Growth; Dollar Weakens
  28 Jun 16:00
 
European stocks fell, the euro erased gains and Spain’s 10-year bond yield climbed above 7 percent as a report showed Germany’s unemployment rose and leaders began a two-day summit on the debt crisis...
 
BLBG:GLOBAL MARKETS-Euro, shares turn lower as EU summit hopes dim
  28 Jun 16:00
 
Oil declined in London for the first time in five days amid speculation that the European Union’s economy will fail to grow, as the region’s leaders gathered in Brussels for a two-day summit...
 
MC:Gold Prices: MCX GOLD December contract trades lower
  28 Jun 15:28
 
GOLD prices on MCX were trading lower...
 
IE:Gold imports to rise, price to plunge
  28 Jun 15:27
 
Gold imports could pick up in the second half of 2012 if record prices ease but annual volumes will still fall about 30 percent after a tax hike, which could crimp demand until 2014, the head of Mumbai's gold trade association said...
 
FX:Copper holds losses after Italian bond auction, EU summit eyed
  28 Jun 15:27
 
Forexpros - Copper futures held on to losses during European morning trade on Thursday, after Italy saw borrowing costs surge to the highest level since December at an auction of five- and ten-year government debt earlier in the day...
 
ET:Copper futures up 0.36 pc on global cues
  28 Jun 15:27
 
NEW DELHI: Supported by a firming trend overseas and a pick-up in domestic demand, copper prices today rose by 0...
 
BS:Nickel rise on global cues, spot demand
  28 Jun 15:26
 
Amid firmness in base metals overseas and increased demand from alloy-makers in domestic markets, nickel prices rose by 0...
 
ET:Crude oil futures up on Asian cues
  28 Jun 15:25
 
NEW DELHI: Crude oil futures prices today rose by 0...
 
TH:Rupee trading firm at 56.98 against dollar
  28 Jun 15:25
 
The rupee remained firm by rising 17 paise to 56...
 
ET:Euro falls to three-week low vs dollar, yen
  28 Jun 15:25
 
LONDON: The euro fell broadly and safe haven currencies rallied on Thursday after a German government spokesman dampened expectations of progress in tackling the debt crisis at an EU summit, and Spanish 10-year bond yields rose above 7 percent...
 
RTRS:METALS-Copper snaps 3-day rise on dollar, EU caution
  28 Jun 15:24
 
* Euro hits 3-week low vs dollar ahead of EU summit
* LME copper down nearly 13 pct in Q2
* Shanghai aluminium rebounds 2 pct, subsidy seen brief

(Adds comment, detail, updates prices)
By Carrie Ho
SHANGHAI, June 28 (Reuters) - London copper slipped on
Thursday, snapping three days of gains, as the dollar firmed and
investors exercised caution ahead of a European leaders' summit
aimed at resolving the region's debt crisis...
 
RTRS:Sterling steadies vs euro, eyes on EU summit
  28 Jun 15:23
 
* Sterling steadies against the euro, firm vs dollar
* EU leaders kick off a two-day meeting

* UK revised GDP data unlikely to move GBP

By Michelle Chen

LONDON, June 28 (Reuters) - Sterling was steady against the euro on Thursday, as caution prevailed ahead of a two-day European Union summit which begins later in the day while the pound edged higher against the U...
 
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