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Euro shrugs off Greek worries to end higher

Tuesday, 10 February 2015



The euro inched higher against the dollar Monday, reversing earlier losses.

The euro EURUSD, +0.07%  traded at $1.1327 Monday, compared with $1.1315 Friday afternoon. The shared currency remained weaker against the yen EURJPY, -0.06%  , and flat against the pound EURGBP, -0.09%

 Investors looking to buy yen at a discount after its massive losses against the dollar from Friday’s session helped USDJPY, -0.14%  spark a profit-taking rally Monday.

Silver and Platinum Market Update



March silver SIH5, -0.26%  added 38 cents, or 2.3%, to end at $17.07 an ounce.

Platinum for April delivery PLJ5, +0.14%  fell $1.20, or 0.1%, to settle at $1,220.40 an ounce, while palladium for March delivery PAH5, +0.28% slipped by $1.65, or 0.2%, to $779.65 an ounce. High-grade copper for March delivery HGH5, -0.21%  fell a half cent to end at $2.581 a pound.


Oil rig counts just hit a 5-year low



The total number of active U.S. oil and natural-gas drilling rigs looks like it has fallen off a cliff.

On the New York Mercantile Exchange, light, sweet crude futures for delivery in March CLH5, -1.25%  settled at $51.69 a barrel, up $1.21, or 2.4%, for the session Friday.

Gold futures score first gain in 3 sessions



Gold prices scored their first gain in three sessions on Monday as financial turmoil in Greece, weaker-than-expected trade data from China and declines in U.S. equities buoyed the metal’s investment appeal.


Gold for April delivery GCJ5, +0.12%  rose $6.90, or 0.6%, to settle at $1,241.50 an ounce on Comex. Prices had hit the lowest settlement since Jan. 14 in Friday’s session, losing 3.5% last week.

Current Market Update



Here are the latest trading levels for Asia's major stock markets: 

Tokyo (Nikkei Average NIK, -0.83% ) down 0.8% 

 Hong Kong (Hang Seng Index HSI, +0.02% ) flat (at break) 

 Shanghai (Shanghai Composite Index SHCOMP, +0.84% ) up 0.8% (at break) 

 Sydney (S&P/ASX 200 XJO, -0.33% ) down 0.3% 

 Seoul (Kospi SEU, -0.42% ) down 0.4% 

 Mumbai (Sensex 1, +0.31% ) up 0.4% 

 Taipei (Taiex Y9999, -0.25% ) down 0.3%