China’s Stock-Index Futures Rise After Manufacturing Data

China’s stock-index futures rose after a holiday as data showed manufacturing expanded more than forecast, signaling growth may be starting to stabilize in the world’s second-biggest economy. Futures on the CSI 300 Index expiring in May, the most active contract, gained 0.2 percent to 4,780.60 as of 9:22 a.m. local time. The official manufacturing Purchasing Managers’ Index was at 50.1 in April, compared with economists’ median estimate...

Gold Near 6-week Low on Stronger Dollar, US Rate Hike Fears

Gold languished near a six-week low on Monday, unable to recover from a three-day losing streak, as the dollar gained on signs of stabilisation in the U.S. economy, and fears the Federal Reserve would soon hike interest rates. Spot gold was firm at $1,178.50 an ounce by 0042 GMT, not far from a six-week low of $1,170.20 reached on Friday. The metal has lost about 2 percent in the...

Dollar Advances as Yen Bears Retreat Before U.S. Payrolls Data

The dollar held a three-day gain versus the yen even as bullish bets for the greenback were cut to levels last seen before Japanese Prime Minister Shinzo Abe took office in 2012 promising reflationary policies. The greenback was near a three-week high against the yen before data at the end of this week expected to show U.S. unemployment fell last month. The dollar is little changed...

Asian Stocks Outside Japan Fall Before China Manufacturing Data

Asian stocks outside of Japan fell as investors awaited a report on Chinese manufacturing. The MSCI Asia Pacific excluding Japan Index slipped 0.2 percent to 512.28 as of 8:02 a.m. in Hong Kong. The measure in April posted its biggest monthly advance since January 2012 as Chinese equities rallied on expectations policy makers will act to bolster growth in the world’s second-largest economy. The final reading of a private gauge of Chinese...