Wednesday, December 19, 2018
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cocoa gains in london as pound nears six-week low; sugar falls

cocoa rebounded as a weakening pound helped the futures traded in london, while the dollar-denominated beans traded in new york advanced at a slower pace. sugar retreated.

gold’s double bottom signals rally to $1,500: technical analysis

gold futures may rebound to $1,500 an ounce in june after hitting a "double bottom" yesterday, according to technical analysis by r.j. o'brien & associates.

jobless claims little changed as u.s. job market stabilizes

the number of americans filing claims for unemployment benefits was little changed last week, signaling the labor market is stabilizing.

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.

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