Wednesday, December 19, 2018
Text size

europe stocks, euro gain with spain bonds; gold rises

european stocks rose after the biggest four-day selloff since july and the euro strengthened as spanish bonds gained after the government sold more debt than planned. gold and crude oil led commodities higher.

bill gross raises holdings of treasuries to highest since july

bill gross raised the holdings of treasuries held in his $289 billion flagship fund at pacific investment management co. to 33 percent of assets last month, the highest level since july.

china manufacturing expands at faster pace, pmi gauges show

china's manufacturing expanded at a faster pace last month, indicating a recovery in the world's second-largest economy is sustaining momentum.

near-normal rain seen easing worst n.z. drought in 30 yrs

new zealand, the world's largest dairy exporter, may receive near-normal rainfall through june, potentially easing the most widespread drought in at least 30 years that's driven milk-powder prices to a record.

bullish bets rebound at fastest pace in four years: commodities

investors are boosting wagers on higher commodity prices at the fastest pace in almost four years, rebounding from the least bullish position since 2009, on signs that the u.s. is accelerating and europe's debt crisis is easing.

jobless claims in u.s. increased more than forecast last week

more americans than projected filed applications for unemployment benefits last week, reflecting the difficulty the government has adjusting the figures around the easter holiday and spring break at schools.

brazil soy boom bottlenecked as china left waiting: commodities

erai scheffer, the world's largest soybean farmer, bought 200 trucks for this crop to counter the worst transportation breakdown in brazil's history. in china, undelivered cargoes mean buyers may turn to argentina as brazil falters on its ability to become the top global supplier.

raw-material bull market fading as supply expands: commodities

at a time when u.s. equities are trading near a record and the dollar is having its best start in three years, commodities will finish this quarter little changed from where they were at the end of 2012.

two miles of sea covers big oil’s next-generation field

the oilfield of the future is taking shape two miles underwater.

Pick a Market

Login to the Contributor Network