Financial News from Reuters Australia

  • UPDATE 9-Oil rallies for third day, shrugging off firm dollar Reuters Australia - Sat, May 18, 2013 6:46 AM AEST

    * S&P 500 hits fresh record high * U.S. gasoline futures up for 9 out of last 12 sessions * Dollar/yen hits 4-1/2-year high * U.S. consumer sentiment rises to highest level in six years (Updates to settlement, ...

  • PRECIOUS-Gold hits 1-month low as Fed pressured to end stimulus Reuters Australia - Sat, May 18, 2013 5:02 AM AEST

    * US gold futures down 1.6 pct, down 5 pct on week * Traders see more losses, could take market to 2010 level * Fed officials pressure for stimulus end, driving dollar up * Strong US consumer data, stock ...

  • UPDATE 8-Oil rises for third day, despite firm dollar Reuters Australia - Sat, May 18, 2013 3:36 AM AEST

    * Dollar/yen hits 4-1/2-year high * Iraq-Turkey oil pipeline stops again - source * U.S. consumer sentiment rises to highest level in six years (New throughout, updates prices and market activity, adds ...

  • UPDATE 7-Oil edges up for third day on strong U.S. data Reuters Australia - Sat, May 18, 2013 1:37 AM AEST

    * Dollar/yen hits 4-1/2-year high * Iraq-Turkey oil pipeline stops again - source * U.S. economic activity gauge rises to five-year high * U.S. consumer sentiment rises to highest level in six years (New ...

  • PRECIOUS-Gold falls to 1-month low as Fed comments lift dollar Reuters Australia - Fri, May 17, 2013 11:56 PM AEST

    * Dollar lifted by Fed official's comments on QE * Gold prices set to end the week down 5 pct * Palladium, platinum outperform after Platinum Week (Updates prices, adds comment) By Jan Harvey LONDON, May ...

  • UPDATE 6-Oil rises towards $105, shrugs off firm dollar Reuters Australia - Fri, May 17, 2013 11:46 PM AEST

    * Brent crude heads for weekly gain on dip-buying * Dollar rises near 10-month high * Iraq-Turkey oil pipeline stops again - source * Coming up: Univ of Michigan consumer sentiment data (Updates prices, ...

  • RPT-UPDATE 5-Oil rises towards $105, shrugs off firm dollar Reuters Australia - Fri, May 17, 2013 11:18 PM AEST

    * Brent crude heads for weekly gain on dip-buying * Dollar rises near 10-month high * Iraq-Turkey oil pipeline stops again - source * Evidence mounts of slower U.S. economic growth (Updates prices, repeats ...

  • AB UPDATE 5-Oil rises towards $105, shrugs off firm dollar Reuters Australia - Fri, May 17, 2013 11:16 PM AEST

    * Brent crude heads for weekly gain on dip-buying * Dollar rises near 10-month high * Iraq-Turkey oil pipeline stops again - source * Evidence mounts of slower U.S. economic growth (Updates prices) By ...

  • Gold prices slide 1.3 pct to one-month lows Reuters Australia - Fri, May 17, 2013 10:43 PM AEST

    LONDON, May 17 (Reuters) - Gold prices extended losses on Friday to fall more than 1 percent, hitting one-month lows, as the dollar rose to its highest since July 2010 against a basket of currencies. Spot ...

  • PRECIOUS-Gold falls as Fed comments lift dollar Reuters Australia - Fri, May 17, 2013 9:58 PM AEST

    * Dollar lifted by Fed official's comments on QE * Gold prices set to end the week down nearly 5 pct * Palladium, platinum outperform after Platinum Week (Updates prices) By Jan Harvey LONDON, May 17 (Reuters) ...

  • UPDATE 4-Oil edges up to $104, demand worries weigh Reuters Australia - Fri, May 17, 2013 9:02 PM AEST

    * Dollar near 10-month high, then eases * Iraq-Turkey oil pipeline stops again - source * Brent crude on course to end week little changed * Evidence mounts of slower U.S. economic growth (Recasts with ...

  • UPDATE 3-Oil below $104 on demand worries, strong dollar Reuters Australia - Fri, May 17, 2013 6:41 PM AEST

    * Dollar near 10-month high as markets reassess Fed outlook * Brent crude on course to end week little changed * Evidence mounts of slower U.S. economic growth (Previous SINGAPORE, updates prices) By Alex ...

  • UPDATE 2-Brent slips, stays below $104 on demand worries, firm dollar Reuters Australia - Fri, May 17, 2013 4:58 PM AEST

    * Dollar near 10-mth high, regional Fed chief foreshadows QE wind-down * Evidence mounts of slower U.S. economic growth * Russia says Iran must take part in proposed Syria talks * Brent oil to fall to ...

  • UPDATE 1-Brent slips, stays below $104 on demand worries, firm dollar Reuters Australia - Fri, May 17, 2013 4:22 PM AEST

    * Dollar near 10-mth high, regional Fed chief foreshadows QE wind-down * Evidence mounts of slower U.S. economic growth * Russia says Iran must take part in proposed Syria talks * Brent oil to fall to ...

  • PRECIOUS-Gold falls further in longest losing streak in four years Reuters Australia - Fri, May 17, 2013 3:59 PM AEST

    * Gold's 7-session drop is longest losing streak in 4 years * Physical demand slow as consumers await further price fall-dealers (Adds details, updates price) By A. Ananthalakshmi SINGAPORE, May 17 (Reuters) ...

  • PRECIOUS-Gold falls on stronger dollar, heads for worst week in a month Reuters Australia - Fri, May 17, 2013 2:25 PM AEST

    * Gold down for 7th straight session, near 4-week low * Physical demand slow as consumers await further price fall-dealers (Adds quotes, updates prices) By A. Ananthalakshmi SINGAPORE, May 17 (Reuters) ...

  • Brent slips towards $103 on demand growth worries, stronger dollar Reuters Australia - Fri, May 17, 2013 2:15 PM AEST

    * Dlr near 10-mth high, regional Fed chief foreshadows QE wind-down * Evidence mounts of slower U.S. economic growth * Russia says Iran must take part in proposed Syria talks * Brent oil to fall to $102.42 ...

  • PRECIOUS-Gold edges up, headed for worst week in a month Reuters Australia - Fri, May 17, 2013 11:19 AM AEST

    SINGAPORE, May 17 (Reuters) - Gold edged up on Friday as stock markets paused after rally, but the metal was still on track for its worst weekly decline in a month as investors cut exposure to bullion, ...

  • PRECIOUS-Gold slides to 4-week low as investors sidestep bullion Reuters Australia - Fri, May 17, 2013 9:00 AM AEST

    * Funds sell out of New York's largest physical gold fund * Gold finds some relief as U.S. data hurts stocks * Physical buying seen underpinning (Recasts throughout; adds comments, byline, changes dateline) ...

  • UPDATE 6-Oil ends slightly up, dour U.S. economic data caps gains Reuters Australia - Fri, May 17, 2013 6:27 AM AEST

    * U.S. weekly jobless claims rise more than expected * Brent oil to drop to $102.50 - technicals * Coming up: CFTC, Baker Hughes rig data on Friday (Adds details, settlement prices.) By Jeanine Prezioso ...

  • UPDATE 5-Brent rise capped by stock market stall, jobless claims Reuters Australia - Fri, May 17, 2013 2:15 AM AEST

    * Philadelphia Fed data shows a drop in business activity * U.S. weekly jobless claims rise more than expected * Brent oil to drop to $102.50 - technicals (Adds details and New York dateline, updates prices) ...

  • UPDATE 4-Brent rises but capped by high jobless claims Reuters Australia - Thu, May 16, 2013 11:29 PM AEST

    * U.S. weekly jobless claims rise more than expected * Brent oil to drop to $102.50 - technicals (Updates prices, adds comment) By Julia Payne LONDON, May 16 (Reuters) - Brent oil futures climbed above ...

  • PRECIOUS-Gold falls for sixth session, may re-test April lows Reuters Australia - Thu, May 16, 2013 8:29 PM AEST

    * Chinese bargain-hunting fails to lend support * Soros Fund Management cuts SPDR Gold Trust holdings * Coming up: U.S. weekly jobless claims at 1230 GMT (Updates throughout, changes dateline from SINGAPORE) ...

  • UPDATE 3-Brent weakens on stronger dollar, weak economies Reuters Australia - Thu, May 16, 2013 7:32 PM AEST

    * U.S. factory, wholesale price data flag economy's woes * U.S. crude stocks fall from record highs, gasoline up -EIA * Brent oil to drop to $102.50 - technicals * Coming Up: U.S. weekly jobless claims; ...

  • PRECIOUS-Gold hits 1-month low, eyes longest downturn since 2009 Reuters Australia - Thu, May 16, 2013 6:27 PM AEST

    * Spot gold down sixth session in a row * Gold has dropped nearly 18 pct this year * Coming Up: U.S. weekly jobless claims at 1230 GMT (Recasts, updates prices) By A. Ananthalakshmi SINGAPORE, May 16 (Reuters) ...

  • Gold falls to four-week lows of $1,376.64/oz On dollar strength Reuters Australia - Thu, May 16, 2013 6:00 PM AEST

    LONDON, May 16 (Reuters) - Gold hit four-week lows on Tuesday as the dollar strengthened against the euro and the yen, further clouding the metal's already weak technical picture. Spot gold fell 1.3 percent ...

  • UPDATE 2-Brent slips towards $103 on weak data; US stock draw aids Reuters Australia - Thu, May 16, 2013 5:06 PM AEST

    * U.S. factory, wholesale price data flag economy's woes * U.S. crude stocks fall from record highs, gasoline up -EIA * Brent oil to drop to $102.50 - technicals * Coming Up: U.S. weekly jobless claims; ...

  • PRECIOUS-Gold steadies on bargain hunting after 5-day losing streak Reuters Australia - Thu, May 16, 2013 4:52 PM AEST

    * Prices supported by Chinese bargain hunting * Gold to hover above $1,385 -technicals * Coming up: U.S. weekly jobless claims at 1230 GMT (Adds quotes, updates prices) By A. Ananthalakshmi SINGAPORE, ...

  • UPDATE 1-Brent slips towards $103 on weak data; US stock draw aids Reuters Australia - Thu, May 16, 2013 3:58 PM AEST

    * U.S. factory, wholesale price data flag economy's woes * U.S. crude stocks fall from record highs, gasoline up -EIA * Brent oil to drop to $102.50 - technicals * Coming Up: U.S. weekly jobless claims; ...

  • Brent slips towards $103 on weak data; U.S. stock draw aids Reuters Australia - Thu, May 16, 2013 2:46 PM AEST

    * U.S. factory, wholesale price data flag economy's woes * U.S. crude stocks fall from record highs, gasoline up -EIA * Dow, S&P 500 end at record highs again; Asian shares track * Coming Up: U.S. weekly ...

  • PRECIOUS-Gold climbs on weaker dollar, set to snap 5-day losing streak Reuters Australia - Thu, May 16, 2013 2:14 PM AEST

    * ETF holdings hit lowest since early 2009 * Gold to hover above $1,385 -technicals * Coming up: U.S. weekly jobless claims at 1230 GMT (Adds quotes, updates prices) By A. Ananthalakshmi SINGAPORE, May ...

  • PRECIOUS-Gold drops for 6th session in longest losing streak in 4 yrs Reuters Australia - Thu, May 16, 2013 11:17 AM AEST

    SINGAPORE, May 16 (Reuters) - Gold fell for a sixth session on Thursday in its longest losing streak since March 2009, after holdings in exchange-traded funds fell to their lowest in four years as rallying ...

  • UPDATE 8-Oil gains $1 on U.S. equity rally Reuters Australia - Thu, May 16, 2013 5:58 AM AEST

    * U.S. equity markets hit new highs * IAEA nuclear talks with Iran reach deadlock * Euro zone economy shrinks in Q1, marks longest recession * U.S. crude stocks fall, products build -EIA (Updates prices ...

  • PRECIOUS-Gold slips below $1,400, down 2 pct on eco. optimism Reuters Australia - Thu, May 16, 2013 4:42 AM AEST

    * Gold down for fifth straight session, longest since Jan 2011 * Gold buying in India muted after new restrictions * SPDR holdings unchanged at 33.8 million ounces on Tuesday (New updates throughout, adds ...

  • UPDATE 7-Oil rises on equity rally after early selloff Reuters Australia - Thu, May 16, 2013 2:53 AM AEST

    * Euro zone economy shrinks in Q1, marks longest recession * U.S. crude stocks fall, products build -EIA * Dollar strength weighs on commodities (Updates prices, changes byline, dateline, pvs LONDON) By ...