Market Pulse - Commodities
Macron promises at Paris summit to "Make Our Planet Great Again"
French president Emmanuel Macron has called on world governments to stay the course on fighting climate change despite America's decision to retreat from the Paris accords.
Sector movers: Miners gain on Citi note, Chinese credit data
Miners found a bid at the start of the week on the back of positive commentary out of analysts at Citi and the release of stronger-than-expected bank lending and credit figures in China.
China November credit growth belies slowdown, economists say
Credit conditions in China continued to tighten last month, leading economists to anticipate cuts to the central bank's reserve requirement ratio for lenders in the short-run in order to provide liquidity and - eventually - allow a weaker currency as well.
China CPI slows more than expected in November, re-acceleration seen
Consumer price inflation in Asia's largest economy slowed more than expected last month, weighed down by falls in food prices, but economists expected it would recover in 2018.
Commodities: WTI moves higher despite small rise in US oil rig count
At the closing bell, the Bloomberg commodity index was ahead by 0. 25% to 84. 01, at roughly a two-month low, alongside a 0. 11% advance for the US dollar spot index to 93. 90.
Week ahead: Central banks, China in focus
Central banks will be firmly in the spotlight over the coming week, alongside a barrage of economic data out of China and Japan.
Economists surprised by strong China trade data for November
China's foreign trade was surprisingly strong in November according to economists, amid export growth at two-year highs and import demand that slowed by much less than had been expected.
Bitcoin surges past $16,500 despite news of $60m heist
Digital currency Bitcoin continued its upwards trajectory, hitting a new record high above $16,500, despite a major hack which saw millions of dollars worth of the digital currency stolen on Thursday.
Commodities: Gasoline, WTI futures drop on rapid build in gasoline stocks
A large build in US gasoline stockpiles weighed on the entire energy complex, helping to send a key gauge for the entire asset class to a two-month low.
Sector movers: Miners caught in downdraft in copper futures
Miners led to the downside on Tuesday amid broad-based selling in base metals which analysts attributed to weak investor sentiment towards demand out of China and higher LME copper stocks which fell to a two-month low.
WTI futures drop after DoE reports sharp build in gasoline stocks
US gasoline stockpiles built sharply during the latest reference week, resulting in a sharp drop in crude oil inventories.
EU blacklists South Korea and UAE as tax havens
European Union finance ministers have placed 17 states on a blacklist of tax havens, including the powerful economies of the UAE and South Korea.
Bitcoin reaches new high at nearly $11,800
Bitcoin hit a new record high of nearly $11,800 on Sunday breaking it’s last record of over $11,000 on Wednesday 29 November.