Commodities

Oil turns lower as markets shift focus back to U.S. drilling activity

Investing.com - Oil prices were lower in North American trading on Monday, reversing overnight gains as investors turned their attention back to …

Oil

MARKET SNAPSHOT: U.S. Stocks Jump 1% On French Election Relief

Investors also look ahead to tax-reform news from Trump this week<p>U.S. stocks rose 1% on Monday, with major indexes advancing in a broad rally after a strong showing by centrist Emmanuel Macron in the French presidential election, which averted fears of a euroskeptic-only runoff.<p>The Dow Jones …

Financial Markets

An Extended Silver Rally Is Unsustainable

The weekly Commitment of Traders data from the Commodity Futures Trading Commission for the week ended April 11 had indicated that large speculators and traders, known as non-commercials, representing hedge funds, technical traders and other portfolio managers, continued to boost their bullish net …

Financial Markets

Industrials Waiting For Action Rather Than Words

The rally of 2016.<p>Infrastructure building took many industrials to the next level.<p>Action is necessary for another leg higher.<p>Congressional failure …

Financial Markets

Treasury yields spike as traders shed safe-havens following the French election

US Treasurys are under pressure after the outcome of the French election sparked a flight out of safety and into risk.<p>Centrist Emmanuel Macron and far-right National Front candidate Marine Le Pen advanced to the second round of the presidential election in France, garnering 23.9% and 21.4% of the …

Financial Markets

Oil Investors Raise the Bet on Higher Prices and Lose - Bloomberg

The shale boom is making it hard to be an oil optimist.<p>While hedge funds raised their bets on rising prices, the market tanked. Money managers …

Oil

Euro Jumps as Investors Cheer French Election Results

The euro, French government bonds and European stocks jumped sharply in the wake of the first round of France's presidential election, which saw centrist former economy minister Emmanuel Macron move into a runoff with far-right politician Marine Le Pen that he is strongly favored to win.<p>Europe's …

Financial Markets

How will the general election affect sterling?

Sterling is dominating the economic picture for this year - the weak pound means economists fear households will suffer from rising inflation, damaging their growth forecasts.<p>But the pound's value is currently driven by political concerns.<p>The Brexit vote last year, Theresa May's conference speech …

Business (UK)

10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, CHOO)

Reuters/Philippe Wojazer<p>Here is what you need to know.<p><b>Macron and Le Pen move on in the French election.</b> Centrist Emmanuel Macron and far-right National Front candidate Marine Le Pen have advanced to the second round of the French presidential election, taking 23.9% and 21.4% of the vote.<p><b>The euro is</b> …

Business

French vote results fuel market relief rally

Financial markets exhaled Monday and investors around the world piled back into stocks while paring back bets on haven assets like gold after fears of a political shock in the first round of France's presidential election didn't materialize, calming fears over the fate of the single-market eurozone.<p>…

Oil

Vive La France! Key Indicators Show Less Frexit Fear

Fears of another populist electoral triumph are receding somewhat after Emmanuel Macron won the first round of voting in the French election with …

Financial Markets

Euro Surges on French Election, While Dollar Slides

The euro remained up more than 1% on Monday after the first round of the French election eased concerns about the future of the currency, while the dollar fell to a new five-month low.<p>The euro rose 1.4% against the dollar to $1.0872 in New York trading, easing slightly from highs hit overnight. The …

Financial Markets

Vive le rally: Global markets soar after French election

U.S. stocks joined a worldwide rally Monday after results from the first round of France's presidential election raised expectations that the …

Financial Markets

Platinum Shows Signs Of Life

The lagging precious metal but it's only a matter of time.<p>Another try at $1,000.<p>Rare and expensive to produce.<p>Palladium putting upside pressure on …

gold

Treasuries Trim Declines From French Election as Buyers Emerge - Bloomberg

Treasuries declined, while paring much of the day’s loss, after results from the first round of French elections pointed to pro-growth centrist …

Financial Markets

Chevron to sell Bangladesh gas fields to Chinese co

NEW DELHI (Reuters) - U.S. oil and gas company Chevron Corp (NYSE:CVX) said on Monday it has agreed to sell its three gas producing fields in …

Petroleum

Cocoa Prices Decline as Traders Remain Bearish

Cocoa prices continued to fall Monday, after a brief rally late last week, as traders remained bearish on the oversupplied market.<p>Cocoa for July dropped 0.7% to $1,838 a ton on the ICE Futures U.S. exchange, as prices once again fell toward their 10-year lows.<p>Friday, the contract jumped nearly 3%, …

Financial Markets

Yen investors have reason to question haven status

The problem with the phrase “duck and cover” is that while it may be sensible survival advice, it does not particularly help investors. Nor, …

Japanese Yen

Markets toast Emmanuel Macron surge in French election as euro rises

Markets have been bolstered by the news that centrist Emmanuel Macron is in pole position to triumph in the French presidential election, after …

Europe

French banks celebrate a former French banker’s presidential campaign with a huge market rally

It’s a good day to be a banker. Yesterday, Emmanuel Macron won the first round of France’s presidential election and is a strong favorite to defeat far-right populist Marine Le Pen in the second round in two weeks. Macron, a 39-year-old centrist, may never have held elected office before, but …

France

Charts Show Traders Writing Down Chances of a Le Pen Presidency - Bloomberg

Markets trimmed their hedges against a Marine Le Pen victory Monday, judging that the outcome of France’s first-round presidential poll reduced the …

Financial Markets

Busy Week Ahead for Economic News Could Shift Market Tone - Income Investing

By Amey Stone<p>Investors embraced risk Monday morning, reassured by French election results and enthusiastic about the strength of U.S. corporate …

Markets

JSE rises as market favourite Macron wins French poll

Johannesburg - The JSE followed the rest of the world higher on Monday after the market's favoured candidate won the first round of the French …

Financial Markets

Dow Jones up 200 Points on Results of French Election

Wall Street got off to a roaring start on Monday as investors cheered the results of the first round in the French presidential election.<p>The Dow Jones industrial average soared more than 200 points at the open, with Goldman Sachs and Caterpillar contributing the most gains. The S&P 500 popped about …

Wall Street

Gold and Bullion Miners Tumble as French Vote Cuts Haven Demand - Bloomberg

Gold futures fell to the lowest in almost two weeks and bullion mining stocks sank as investors favored riskier assets on expectations that Emmanuel …

Financial Markets

Sensex rebounds to finish day at 29,655.84

<b>Mumbai:</b> Market benchmark Sensex rebounded 291points today, its biggest single session gain in nearly 6 weeks, to end at a two-week high of 29,656 …

Business (India)

LONDON MARKETS: FTSE 100 Closes 2% Higher As Investors Cheer French Election Result

British benchmark is back in the black for 2017<p>U.K. stocks closed with strong gains Monday, keying off a broad European rally led by French equities, as centrist Emmanuel Macron's first-round win in France's presidential election put an end to worries that two euroskeptics would be in the final …

European Union

U.S. banks set for big day amid European rally; BofA downgraded

A major rally is underway in Europe following Sunday's French election. Leading the way are the banks, as the election result seems to assure status …

Wall Street

VIX ‘fear’ gauge plummets as French election results spark global relief rally

A closely watched gauge of expected stock-market volatility dropped sharply Monday morning as a global relief rally sent equities soaring following a first-round French presidential election result that offered few surprises.<p>The Chicago Board Options Exchange Volatility Index, or VIX VIX, -22.35% , …

Financial Markets

Gold tumbles as investors dump safe-havens after French election

Investing.com - Gold prices tumbled in North American trading on Monday, as investors dumped safe-haven assets after French election results eased …

Financial Markets