News




PRECIOUS-Gold rises on dollar drop; investment demand scant
July 9, 2009    -    reuters.com

* Wilting dollar helps commodities recover

* Safe-haven demand could reemerge if economy worsens



FOREX-Yen, dollar fall as risk appetite recovers
July 9, 2009    -    reuters.com

* Yen drops, correcting sharp gains from Wednesday

* Euro surges vs dollar as risk appetite recovers



UPDATE 6-Oil rises on U.S. jobless claims
July 9, 2009    -    reuters.com

* Saudi Arabia keeps August supplies steady

* IMF says global economy may be recovering



GLOBAL MARKETS-Stocks, oil gain as risk aversion ebbs
July 9, 2009    -    reuters.com

* Yen, dollar fall on slower decline in US jobless claims

* Oil edges above $60 a barrel as risk aversion lifts



UPDATE 5-Oil steadies at $60 on US jobless claims
July 9, 2009    -    reuters.com

* Saudi Arabia keeps August supplies steady

* IMF says global economy may be recovering (Recasts, updates prices, market activity throughout; new dateline, previously LONDON)



RPT-European shares break losing streak; miners gain
July 9, 2009    -    reuters.com

(Repeats to detach from text of earlier report)

* FTSEurofirst 300 gains 0.8 pct after five days of decline



European shares break losing streak; miners gain
July 9, 2009    -    reuters.com

* FTSEurofirst 300 gains 0.8 pct after five days of decline

* Miners up on stronger metals prices, Alcoa results



US STOCKS-Wall St mixed on lower jobless claims, retail sales
July 9, 2009    -    reuters.com

* June sales fall at apparel retailers, warehouse clubs

* Weekly jobless claims drop, continuing claims up



London Brent crude oil falls below $60 a barrel
July 9, 2009    -    reuters.com

LONDON, July 9 (Reuters) - London Brent crude futures <LCOc1> fell below $60 a barrel on Thursday for the first time since late May.

Brent fell to as low as $59.76. At 1511 GMT, it was trading 41 cents lower at $60.02. (Reporting by Ikuko Kao)



PRECIOUS-Gold firms as weak dollar prompts buying
July 9, 2009    -    reuters.com

* Wilting dollar helps commodities recover after losses

* Chinese car sales jump 47.7 pct in June



UPDATE 4-Oil drops below $60, gives up early gains
July 9, 2009    -    reuters.com

* Oil reverses early gains

* U.S. distillates stocks at highest level in nearly 25 yrs



UPDATE 3-Oil rebounds, snaps six-day losing streak
July 9, 2009    -    reuters.com

* Oil rebounds after lowest close in seven weeks

* U.S. distillates stocks at highest level in nearly 25 yrs



FOREX-Yen, dollar fall as shares gain; sterling shines
July 9, 2009    -    reuters.com

* Yen drops, correcting Wednesday's gains; dlr also down

* Higher risk FX recover as European equities rise 1.1 pct



US STOCKS-Wall St to open higher after Alcoa; jobs data due
July 9, 2009    -    reuters.com

* Crude oil rises 1.7 percent

* Alcoa results boost sentiment



PRECIOUS-Gold ticks up as weak dollar prompts buying
July 9, 2009    -    reuters.com

* Wilting dollar helps commodities recover after losses

* Chinese car sales jump; palladium rises more than 2 pct



GLOBAL MARKETS-Alcoa earnings help boost stocks, dollar slides
July 9, 2009    -    reuters.com

* Alcoa earnings help lift world stocks

* Wall Street set for gains



CORRECTED - GLOBAL MARKETS-Alcoa earnings help lift stocks, dollar slips
July 9, 2009    -    reuters.com

(Corrects direction of dollar vs yen in paragraph 12)



REFILE-FTSE up 0.8 pct; miners, banks, oils favoured
July 9, 2009    -    reuters.com

(corrects GMT time in second graph)

* Miners in demand; Fresnillo gains on upgrade



FTSE up 0.8 pct; miners, banks, oils favoured
July 9, 2009    -    reuters.com

* Miners in demand; Fresnillo gains on upgrade

* Banks firmer; BoE interest rate decision awaited



PRECIOUS-Gold recovers as dollar weakness prompts buying
July 9, 2009    -    reuters.com

* Wilting dollar helps commodities recover after losses

* Chinese car sales jump; palladium rises more than 2 pct



UPDATE 2-Oil rises above $61, snaps 6 day losing streak
July 9, 2009    -    reuters.com

* Oil rebounds after lowest close in seven weeks

* U.S. distillates stocks at highest level in nearly 25 yrs



US crude oil bounces $1 after 6-day losing streak
July 9, 2009    -    reuters.com

LONDON, July 9 (Reuters) - U.S crude oil <LCOc1> rose by more than $1 to move above $61 a barrel on Thursday, snapping a six-day losing streak.

U.S. crude was trading up 96 cents at $61.10 a barrel by 0819 GMT, having eased slightly from a day high of $61.14 a barrel. Oil prices have fallen by more than 15 percent since hitting a year-high above $73 a barrel in late June.



U.S CRUDE OIL &lt;CLc1&gt; RISES $1 TO $61.14/BBL
July 9, 2009    -    reuters.com

U.S CRUDE OIL <CLc1> RISES $1 TO $61.14/BBL



Europe stocks snap 5-day losing run; miners rebound
July 9, 2009    -    reuters.com

* FTSEurofirst 300 up 0.8 pct, rebounds from 10-week low

* Alcoa's results ease fears; boost miners



GLOBAL MARKETS-Alcoa earnings help lift stocks, dollar slips
July 9, 2009    -    reuters.com

* Alcoa earnings help lift world stocks

* European shares up 0.7 percent, Japan loses 1.4 percent



Brent crude oil rises by more than $1
July 9, 2009    -    reuters.com

LONDON, July 9 (Reuters) - Brent crude oil <LCOc1> rose by more than $1 to move above $61 a barrel on Thursday, rebounding from a seven-week low hit in the previous session.

Brent crude was trading up 97 cents at $61.40 a barrel by 0754 GMT, having eased slightly from a day high of $61.51 a barrel.



BRENT CRUDE OIL RISES $1 TO $61.43/BBL
July 9, 2009    -    reuters.com

BRENT CRUDE OIL RISES $1 TO $61.43/BBL



RPT-GLOBAL MARKETS-Japan stocks fall after yen surge, bonds stro
July 9, 2009    -    reuters.com

* Growing economic worries prompt search for safe havens

* Japan stocks fall after yen spikes to 5-mth high



GLOBAL MARKETS-Japan stocks fall after yen surge, bonds strong
July 9, 2009    -    reuters.com

* Growing economic worries prompt search for safe havens

* Japan stocks fall after yen spikes to 5-mth high



UPDATE 1-Oil rises towards $61 after fall on bearish inventories
July 9, 2009    -    reuters.com

* Oil rebounds after lowest close in seven weeks

* U.S. distillates stocks at highest level in nearly 25 yrs (Updates prices)



FOREX-Yen falls from 5-mth high vs USD, BoE decision looms
July 9, 2009    -    reuters.com

* Yen drops from 2-mth peak vs euro

* Investors bargain-hunt but caution on intervention grows



PRECIOUS-Gold lifts from 2-month low; ETF holdings dip
July 9, 2009    -    reuters.com

* Bargain-hunting props up gold in Asia

* SPDR Gold holdings <XAUEXT-NYS-TT> fall 0.9 percent



PRECIOUS-Gold lifts from 2-month low; ETF holdings dip
July 9, 2009    -    reuters.com

* Bargain-hunting props up gold in Asia

* SPDR Gold holdings <XAUEXT-NYS-TT> fall 0.9 percent



RPT-GLOBAL MARKETS-Stocks struggle after yen surge, bonds strong
July 9, 2009    -    reuters.com

* Growing economic worries prompt search for safe havens

* Japan stocks fall after yen spikes to 5-mth high



GLOBAL MARKETS-Stocks struggle after yen surge, bonds strong
July 9, 2009    -    reuters.com

* Growing economic worries prompt search for safe havens

* Japan stocks fall after yen spikes to 5-mth high



Oil rebounds towards $61 after fall on bearish inventories
July 9, 2009    -    reuters.com

* Oil rebounds after lowest close in seven weeks

* U.S. distillates stocks at highest level in nearly 25 yrs



Nikkei drops 0.5 pct, exporters stung by yen surge
July 9, 2009    -    reuters.com

* Stocks fall after yen hits 5-month highs versus dollar

* Retreat limited as Alcoa reports smaller-than-expected loss



NYMEX-Crude edges up towards $61, after fall on stocks
July 9, 2009    -    reuters.com

TOKYO, July 9 (Reuters) - U.S. crude futures rose towards $61 a barrel on Thursday, paring losses after closing at their lowest in seven weeks as government data showed U.S. inventories of refined oil products had risen more than expected last week.

FUNDAMENTALS



PRECIOUS-Gold steady, off 2-month low; ETF holdings dip
July 9, 2009    -    reuters.com

TOKYO, July 9 (Reuters) - Gold was steady on Thursday, after falling more than 1 percent to a two-month low near $900 an ounce the previous day as investor risk aversion pushed up the dollar versus the euro, dulling gold's allure as an alternative asset.

FUNDAMENTALS



Nikkei falls 0.8 pct on yen surge, exporters hit
July 9, 2009    -    reuters.com

TOKYO, July 9 (Reuters) - Japan's Nikkei average fell 0.8 percent on Thursday, with exporters hit after the yen surged to a 4-1/2-month high against the dollar <JPY=> the previous day on mounting doubts about the health of the global economy.

The benchmark Nikkei <.N225> fell 78.42 points to 9,342.33. The broader Topix <.TOPX> retreated 0.9 percent to 880.83. (Reporting by Shinichi Saoshiro)



GLOBAL MARKETS-Yen, government debt rise as risk aversion gains
July 8, 2009    -    reuters.com

* Global stocks slip on nagging worries about economy

* Oil falls to close to $60 a barrel on recovery doubts



PRECIOUS-Gold falls toward $900 on dollar rise, weak commods
July 8, 2009    -    reuters.com

* Dollar firms versus euro amid flight to quality

* Economic woes hurt precious metals, commods complex