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Reuters - 3 시간 전

Six banks settle European bond price fixing litigation in New York

Six banks settle European bond price fixing litigation in New York By Jonathan Stempel NEW YORK, July 26 (Reuters) - Six banks including Bank of America BAC.N and Citigroup C.N agreed to pay $80 million to settle antitrust litigation in New York accusing them of conspiring to rig prices of European government bonds. A preliminary settlement with Bank of America, Citigroup, Jefferies JEF.N , NatWest NWG.L , Nomura 8604.T and UBS UBSG.S was filed late Friday in Manhattan federal court, and require

Reuters - 11 시간 전

US natgas end-of-season storage to reach four-year high in October

FACTBOX-US natgas end-of-season storage to reach four-year high in October July 26 (Reuters) - U.S. natural gas storage is on track to end the April-October summer injection season at a four-year high of 3.918 trillion cubic feet (tcf) on Oct. 31, according to analysts' estimates. That compares with 3.809 tcf at the end of the summer injection season in 2023, 3.929 tcf in 2020 and a five-year (2019-2023) average of 3.747 tcf.

Reuters - 13 시간 전

Cocoa gains but settles below recent peaks, coffee falls

SOFTS-Cocoa gains but settles below recent peaks, coffee falls LONDON, July 26 (Reuters) - Cocoa futures on ICE rose on Friday but remained some way off recent peaks as investors expect demand to head firmly south and supplies to improve thanks to benign weather. Coffee fell but remained underpinned by worries over adverse weather, especially in top producer Brazil.

Reuters - 16 시간 전

Citi expects copper to recover to $9,500/t within three months

Citi expects copper to recover to $9,500/t within three months July 26 (Reuters) - Copper prices will likely struggle for direction in the coming weeks, before recovering to $9,500 per ton within three months and touching $11,000 by early 2025, Citi Research said in a note on Friday. This compares to previous 0-3 month and 6-12 month price forecasts of $10,000 and $12,000, respectively.

Reuters - 2 일 전

UK Libor trader Hayes given permission to appeal rate-rigging conviction at Supreme Court

UPDATE 1-UK Libor trader Hayes given permission to appeal rate-rigging conviction at Supreme Court Adds background and reaction in paragraphs 4-6, 8-10 LONDON, July 25 (Reuters) - Tom Hayes, the first trader jailed worldwide for interest rate rigging, has been given permission to appeal against his conviction at Britain's Supreme Court, his lawyers said on Thursday.