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Australian bond futures prices are higher despite better-than-expected economic data out of the US. Figures overnight show US core inflation ticked up to 1.7 per cent over the year while sales of new homes in February climbed to their fastest pace in seven years. But despite the better data, US bond prices rose, with Australian Read More
U.S. stock futures gave up some ground nearer the open Tuesday but remained in the black as consumer prices rose slightly as expected while markets chewed on remarks made by St. Louis Federal Reserve Bank President James Bullard in London. At an event in London, Bullard said that retaining interest rates at zero in Read More
* Google up 1 pct as CFO to move in from Morgan Stanley * Whiting Petroleum shares tumble after share, note offering * Futures little changed (Updates prices, adds data, comment) By Rodrigo Campos NEW YORK, March 24 (Reuters) – U.S. stocks were set to open little changed on Tuesday, with futures fluctuating alongside the Read More
[unable to retrieve full-text content] US stock futures pointed to a mixed open on Tuesday as investors awaited a raft of economic data.
U.S. stock futures were higher Tuesday ahead of a slew of data on the housing market, consumer prices and manufacturing while St. Louis Federal Reserve Bank President James Bullard said that the Fed’s zero interest rate is no longer appropriate. Bullard said that even coming up from zero, the Fed’s monetary policy would remain Read More
A poll of six analysts, taken ahead of weekly inventory reports from industry group the American Petroleum Institute (API) and the U.S. Department of Energy’s Energy Information Administration (EIA), showed a crude stock build of 5 million barrels on average last week. The U.S. shale oil industry may have forever abandoned its Read More
NEW YORK – US crude futures settled more than 1 per cent higher on Monday, boosted by a falling dollar that outweighed pressure on prices from a global supply glut. “The dollar is under pressure, and we saw buyers coming into the market as a result,” said Tradition Energy senior analyst Gene McGillian. US crude Read More
NEW YORK: US crude futures settled more than 1 percent higher on Monday, boosted by a falling dollar that outweighed pressure on prices from a global supply glut. “The dollar is under pressure, and we saw buyers coming into the market as a result,” said Tradition Energy senior analyst Gene McGillian. US Read More
* Brent, WTI prices fall again after Saudi comment on supply * Gilead Pharma shares fall premarket * Futures off: Dow 4 pts, S&P 1 pts, Nasdaq 2 pts (Updates prices, adds comment) By Rodrigo Campos NEW YORK, March 23 (Reuters) – U.S. stocks were set to dip at the open on Monday following strong Read More