Market Pulse - Commodities
China services growth at six-month low in March, Caixin PMI shows
Activity in China's services sector slowed in March, prompting some economists to advise investors to be on the lookout for a turning point in economic activity in the second quarter.
Weekly DoE data knocks WTI futures off their perch
US oil stockpiles rose unexpectedly last week despite rising rates of refinery utilisation.
Commodities: Safe-haven gold feasts on geopolitical stew to rebound higher
Gold is rebounding on Tuesday afternoon as investors like the safe-haven metal amid a stew of concerns comprising Brexit nerves, European political risk, Trump uncertainties and Opec output pledges.
Political and economic nervousness abounds, SocGen's Kit Juckes says
SocGen strategist Kit Juckes spied potential trading opportunities in the European single currency versus the US dollar and pound, amid renewed doubts about the US economy and lingering caution ahead of the French presidential elections.
Deutsche Bank upgrades BP after challenging six months
Deutsche Bank has upgraded its stance on oil giant BP to 'buy' from 'hold' with an unchanged price target of 505p.
Crude oil futures lower as Libyan production resumes at Sharara
Crude oil futures were on the backfoot early on Tuesday as reports of increased Libyan production continued to filtre through to trading floors.
Commodities: Crude consolidates after 'indifferent' reaction to latest rig-count data
Crude-oil futures are consolidating on Monday afternoon as traders look for hard evidence cartel Opec will extend its output pledge beyond June, having taken latest rig-count data somewhat indifferently.