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METALS-Copper price hits three-week low as dollar rally overshadows China prospects

LONDON, May 26- Copper hit a three-week low on Tuesday, as a strong dollar spurred profit-taking and overshadowed hopes that demand from top consumer China will recover, thanks in part to government stimulus measures. China's state planning agency on Monday listed more than 1,000 proposed projects totalling 1.97 trillion yuan it is inviting private...
Source: Reuters | By: Maytaal Angel
METALS-Copper hits 3-wk low as dollar rally overshadows China prospects

LONDON, May 26- Copper hit a three-week low on Tuesday as a strong dollar overshadowed hopes that demand from top consumer China's economy will recover, thanks in part to government stimulus measures. China's state planning agency on Monday released a list of more than 1,000 proposed projects totalling 1.97 trillion yuan it is inviting private investors to...
Source: Reuters | By: Maytaal Angel
GRAINS-U.S. wheat eases as dollar curbs weather rally

*Wheat market eyes USDA crop report for signs of rain damage. SINGAPORE/ PARIS, May 26- Chicago wheat futures edged lower on Tuesday as traders awaited a government crop update to assess any damage from heavy rain, while a rising dollar put pressure on U.S. commodities. Soybeans ticked up, steadying from their lowest in nearly eight months during the previous...
Source: Reuters | By: Naveen Thukral and Gus Trompiz
METALS-Copper steady as strong dollar offsets China demand prospects

LONDON, May 26- Copper steadied on Tuesday as investors weighed the negative impact of a stronger dollar against expectations that demand from top consumer China will recover in the second half, thanks in part to government stimulus measures. China's state planning agency on Monday released a list of more than 1,000 proposed projects totalling 1.97 trillion...
Source: Reuters | By: Maytaal Angel
FOREX-Dollar at 1-month highs, awaits U.S. data for policy cues

*Euro stuck below $1.1000, Greek concerns persist. SYDNEY/ TOKYO, May 26- The dollar scaled a one-month high against a basket of major currencies on Tuesday, having remained bid after comments from Federal Reserve Chair Janet Yellen reinforced a tightening bias on interest rates. Yellen made it clear that the Fed will hike rates and under such conditions the...
Source: Reuters | By: Ian Chua and Shinichi Saoshiro
Oil prices steady but indications rally running out of steam

SINGAPORE, May 26- Crude oil prices were broadly unchanged in early trading on Tuesday, as firm demand supported and ample supply dragged, but analysts said there were signs that a recent rally was running out of steam. Robust demand in Asia as well as due to the driving season in the United States is being met by near record output, especially from the Organization...
Source: Reuters | By: Henning Gloystein
NYMEX-Crude oil futures steady as firm demand meets ample supply

SINGAPORE, May 26- U.S. crude was steady early on Tuesday as firm demand supported prices and ample supply dragged. Robust demand in Asia as well as from the driving season in the United States is being met by near record output, especially from the Organization Of Petroleum Exporting Countries, although U.S. production seems to have been peaked, at least...
Source: Reuters
FOREX-Dollar stays bid in holiday lull, awaits U.S. data

*Euro stuck below $1.1000, Greek concerns persist. SYDNEY, May 26- The dollar held near one-month highs against a basket of major currencies early on Tuesday, having remained bid in a session made sluggish by public holidays in the United States and Britain. The dollar index last traded at 96.381, not far from a high of 96.475 set late in the Asian session on Monday,...
Source: Reuters | By: Ian Chua
NYMEX-Crude oil prices rise on high U.S., Asian demand

SINGAPORE, May 25- U.S. crude futures rose in early Asian trading on Monday as high demand at the start of the North American driving season pushed up domestic markets, while international benchmarks were supported by firm Asian consumption and Middle East fighting. "Prices could be buoyed this week as markets focus on rising demand and geopolitical tensions... in...
Source: Reuters
METALS-Copper heads for biggest weekly drop since January, record stocks hit nickel

LONDON, May 22- Copper prices fell on Friday on worries about demand in top consumer China, while nickel hit a four-week low after stocks in LME registered warehouses climbed to a record high. Three-month copper traded down at $6,200 a tonne in official rings from $6,260 at Thursday's close. "The fundamental situation in the copper market clearly speaks to higher...
Source: Reuters | By: Liisa Tuhkanen