Base metals subdued in thin trade as China shut for holiday

Jan 31 (Reuters) – Copper prices were little changed on Monday, while aluminum edged lower on profit-taking in thin Asian trading as Chinese markets were closed for a week-long Lunar New Year holiday. Three-month copper on the London Metal Exchange was virtually flat at $9,503.50 a tonne by 0623 GMT. It hit a three-week low … Read more

China’s yuan recovers some ground in pre-holiday trade after one-day plunge

SHANGHAI (Reuters) – The Chinese yuan regained some ground on Friday after its biggest one-day weakness in more than seven months, although trading eased as the Lunar New Year holiday approached. After a sharp decline on Thursday, the People’s Bank of China set the daily midpoint of the yuan fixing at 6.3746 to the dollar … Read more

U.S. appeals court throws out Deutsche Bank traders’ Libor-rigging convictions

NEW YORK (Reuters) – A US appeals court on Thursday overturned the convictions of two former Deutsche Bank traders for forging Libor, which was among the world’s most important financial standards, and ordered the two men acquitted. . The U.S. Court of Appeals for the Second Circuit in Manhattan found a lack of evidence that … Read more

Analysis: Robinhood shares stumble as trading frenzy wanes, regulators circle

Jan 27 (Reuters) – Robinhood Markets Inc (HOOD.O) became a household name ahead of its stellar IPO last year, when retail investors used its trading app to drive shares of GameStop and other “meme stocks” into the stratosphere, but name recognition has not helped its share price lately. “The market is not being very patient … Read more

LIVE MARKETS London FX trading falls from records

European shares up 2% Travel & leisure index leads gainers Fed policy meeting squarely in focus Nasdaq futures rise Jan 26 – Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at [email protected] LONDON FX TRADING FALLS FROM RECORDS (1005 GMT) Trading … Read more

Dollar finds a footing as traders brace for hawkish Fed

Illustrative photo of the US dollar, Swiss franc, British pound and euro banknotes, taken in Warsaw on January 26, 2011. REUTERS/Kacper Pembel/File Photo Register now to get free unlimited access to Reuters.com Register The dollar maintains Friday’s jump in Asia Rebound extends to 114.45 yen; Federal Funds Futures Drops China offers surprise 10 basis points … Read more