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Hunt for president puts Merkel on poll footing

  Berlin / AFP German President Joachim Gauck was expected to reveal on Monday that he will not stand for a second term, creating a political headache for Chancellor Angela Merkel ahead of an election year. The popular Gauck, 76, who has held the largely ceremonial post of head of state since 2012, will give a statement at Berlin’s Bellevue ...

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Commodities rise with stocks before Yellen speech; Pound falls

  BLOOMBERG Miners and energy companies led stocks higher and commodities advanced on speculation the Federal Reserve will hold off from raising interest rates this month. The pound slumped following polls that showed Britons favor exiting the European Union. European stocks and S&P 500 futures advanced as the Bloomberg Commodity Index reached its highest level since October, with Brent crude ...

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Brexit fears spurring traders to buy volatility, trim stocks

  Bloomberg The pound tumbled and currency volatility surged on Monday after two polls showed more Britons favor a vote to leave the European Union at a June 23 referendum than those who want to stay. That prompted a money manager 10,500 miles away in Sydney to buy stock-market protection, while a brokerage in Bangkok is advising clients to trim ...

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