Stocks Extend Declines as Wall Street Weighs Slowing Global Growth

Stocks fell Monday extending last week's selloff as investors contended with troubling economic data.

Flattened yield curve reason to be nervous, but U.S. economy solid: Fed's Evans

HONG KONG (Reuters) - Chicago Federal Reserve Bank President Charles Evans said on Monday it was understandable for markets to be nervous when the yield curve flattened, though he was still confident about the U.S. economic growth outlook.

Mueller finds no Trump-Russia conspiracy but some questions left unresolved

WASHINGTON (Reuters) - Special Counsel Robert Mueller found no evidence of collusion between U.S. President Donald Trump's campaign and Russia in the 2016 election, but left unresolved the issue of whether Trump obstructed justice by undermining the investigations that have dogged his presidency.

CORRECTED-Eskom price hike to cost South Africa 90,000 mining jobs - Minerals Council

South Africa's gold and platinum mines will shed around 90,000 jobs in the next three years as above-inflation electricity price increases by power utility Eskom add to already soaring operating costs, an industry body said on Monday. "In total, as many as 90,222 jobs would be at risk solely

Look For Small Sell-off In Gold

METALS-Copper hits lowest in a month on growth worries

Copper prices touched their lowest in more than a month on Monday on worries about global economic growth, but falling inventories and the upcoming peak demand season for industrial metals were seen curbing losses. "There are some headwinds from a macro perspective after the broader reaction

US STOCKS-Futures dip as global growth worries linger

U.S. stock index futures dipped on Monday, struggling to shrug off global economic slowdown worries triggered by weak factory numbers, despite a report that President Donald Trump's campaign did not collude with Russia and positive data from Germany. S&P 500 futures initially rose on Sunday

Philadelphia Fed's Harker sees no rate hike in short-term

The circumstances are not in place to raise U.S. interest rates again in the short-term, Philadelphia Federal Reserve President Patrick Harker said on Monday. Harker said that U.S. rates were still one to two hikes away from their 'neutral' level but that there was no rush to move again

FOREX-Upbeat German business survey lifts euro, tempers recession fear

The euro rose on Monday after a better-than-expected business confidence survey from Germany relieved markets of some of their economic growth worries and knocked the safe-haven yen off six-week highs to the dollar.

World markets were buffeted on Friday by fears of economic recession fanned by inversion of the U.S.

Wall Street Futures Steady, Bond Yields Rise, as German Sentiment Rebounds

U.S. equity futures pared earlier declines Monday, setting up Wall Street for a modest opening bell rebound, as a stronger-than-expected reading for German business sentiment added upward pressure on bond yields and offset concerns over the strength of the world economy and the first inversion of the U.S. Treasury yield curve in more than a decade.

UPDATE 1-Japanese aluminium buyers agree to Q2 premium increase, first time since Q3 2018

Japanese aluminium buyers agreed to purchase supplies for April to June at premiums that are as much as 27 percent higher than the previous quarter as spot premiums have climbed, five sources directly involved in the pricing talks said.

The new premium was set at $105 per tonne, up from the the $83 to $85 per tonne premiums in the January to March quarter, the sources said.