GLOBAL MARKETS-Euro firms, shares dip as Europe debt worry lingers
TOKYO, April 12 (Reuters) - Asian shares eased on Thursday while the euro firmed, reflecting investor caution despite easing concerns about sovereign funding for troubled euro zone economies Spain and Italy that helped U.S. and European equities rebound overnight.
"The reprieve may prove to be temporary," Barclays Capital analysts said in a research note. "(We) remain concerned about sustained appetite for peripheral European debt amid waning foreign demand in an increasingly fragmented market," they said.
COMMODITIES-Oil rebounds on fuel stocks data, gold slips
CHICAGO, April 11 (Reuters) - Oil markets rebounded from two days of losses o n W ednesday as U.S. government data showed a steeper-than-expected drop in domestic fuel stocks, while gold dipped after a four-session rally and copper steadied near a three-month low.
"The large refined product drawdowns and decline in crude oil imports combined to produce a bullish report," said John Kilduff, partner at Again Capital LLC in New York.
OIL-Oil up as drop in US fuel stocks sparks rebound
NEW YORK, April 11 (Reuters) - Oil prices rose on Wednesday, reversing two days of losses, after U.S. government data showed domestic fuel stocks fell much more than expected last week, which overshadowed an increase in crude inventories.
"The large refined product drawdowns and decline in crude oil imports combined to produce a bullish report," said John Kilduff, partner at Again Capital LLC in New York.
NATURAL GAS-US natgas plummets to 10-year low below $2/mmBtu
NEW YORK, April 11 (Reuters) - U.S. natural gas futures ended below $2 per million British thermal units on Wednesday for the first time in more than 10 years as extended mild weather forecasts plus worries about record-high supplies pressured prices.
"We had the warmest March on record, now we're struggling with (mild) shoulder-month weather. People are looking out at the injection (inventory building) season and are concerned there may not be enough space to store gas," said Tom Saal, senior vice president at INTL Hencorp Futures in Miami.
EURO COAL-Prices dip with weaker oil
LONDON, April 11 (Reuters) - European physical coal prices fell by around 50 cents on Wednesday in line with weaker oil, encouraging a few trades after days of minimal price movement, utilities and traders said.
"Prices have very gradually lost about $3 over the past five days or so. They have been weakening but slowly," one utility source said.
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