- FBI warns of attacks in US after similar crimes in Taiwan, Thailand and Europe- Hackers have stolen c.$1 million from ATMs across the US warns U.S. Secret Service- Target Diebold Nixdorf machines - #1 global ATM provider, 35% of ATMs worldwide- Digital deposits increasingly vulnerable - Time to save in physical goldEditor: Mark O'ByrneSource: TechViral.net$1 million has been stolen from AT...Read More
Trump is a joker. It is better to ignore his state of the Union address and focus on economic fundamentals and central bank excesses. The US January ADP employment number will impact currencies and precious metals only if it is on the extreme higher/lower side of expectation. Physical demand for gold and silver will be the key. There will be a sell off if there is no physical demand for gold sil...Read More
* Aussie shares rise 0.7 percent* Materials and financials lead the gains* NZ falls on utilities and consumer discretionary By Aditya SoniFeb 1 (Reuters) - Australian shares rose on Thursday, underpinned by strong gains in mining stocks and financials after an upbeat lead from Wall Street, while sentiment also got a boost from data showing Australia's manufacturing expanded last month.The S&P...Read More
SHANGHAI, Feb 1 (Reuters) - China's central bank said it will skip open market operations for the sixth straight trading day on Thursday as liquidity levels in the banking system were "relatively high".On a net basis, the People's Bank of China (PBOC) will drain 80 billion yuan ($12.73 billion) from the money market for the day, equal to the amount of reverse repos due to mature on Thurs...Read More
USD rises across the board after FOMC statement. Fed kept rates unchanged and left the door open for a March rate hike. Gold hits fresh weekly low near $1,330/oz. The US dollar rose moderately across the board after the release of the FOMC statement. The stronger US dollar pushed gold to the downside. Initially, the yellow metal rose to $1,344/oz approaching daily highs b...Read More
* Dollar supported after Fed's slightly hawkish stance* U.S. data awaited for dollar to potentially consolidate gains By Shinichi SaoshiroTOKYO, Feb 1 (Reuters) - The dollar kept modest gains against its peers on Thursday after the Federal Reserve signalled its confidence about inflation and growth in the world's biggest economy, with traders now waiting on a host of indicators including non-farm...Read More
SEOUL, Feb 1 (Reuters) - South Korea's Celltrion Inc shares fell almost 3 percent on Thursday, after the biopharma company said it had received a warning letter from the U.S. Food and Drug Administration (FDA). The letter asked Celltrion to turn in supplemental documents about changes the FDA had asked for regarding its pharmaceutical production, Celltrion said in a statement on its website. The s...Read More
* PREVIOUS TRADING SESSION MOVES:* SSEC -0.2 pct, CSI300 +0.5 pct, HSI +0.9 pct* Shanghai->HK daily quota used 47.3 pct* HK->Shenzhen Connect daily quota used 2.7 pct, Shenzhen->HK daily quota used 10.9 pct* CNY official close 6.2865 per dollar* FTSE China A50 +1.6 pct, BNY Mellon ADR China Select Index +0.6 pct SHANGHAI, Feb 1 (Reuters) - Following is a list of recent corporate and poli...Read More
(Kitco News) - This year will be filled with a number of risks surrounding global economy, which makes gold the perfect “defensive play” of 2018, said Mitsubishi analyst Jonathan Butler.Gold will remain supported throughout this year due to “favorable real rate environment and a subdued U.S. dollar,” Butler wrote in a note on Wednesday.The Federal Reserve kept its rates unc...Read More
Feb 1(Reuters) - For other diaries, please see:Top Economic Events Polling Unit Diary Today in Washington Political and General News DATE COUNTRY AUCTION DETAILS 1-FebJapan 3-month discount bill auction 1-FebJapan Auction of 10-year government bonds 1-FebSpain Bond auction 1-FebSwedenAuction of inflation-linked government bonds 5-FebNetherlands DTC auction 5-FebFranceAuction of BTF Treasury notes...Read More
The Federal Open Market Committee says current conditions indicate that the overnight funds rate should remain anchored at 1.25 to 1.5 percent. "Inflation on a 12-month basis is expected to move up this year and to stabilize around the Committee's 2 percent objective over the medium term," the Fed statement says. The decision came at Janet Yellen's final meeting as Fed chair. Jeff Cox| @JeffCo...Read More
Feb 1 (Reuters) - For other diaries, please see:Top Economic Events Government Debt Auctions Political and General News Events Index of All Diaries Guide to Economic Indicators -----------------------------------------------------------This Diary is filed daily. ** Indicates new events ----------------------------------------------------------- THURSDAY, FEBRUARY 1PRAGUE - Czech National Bank hold...Read More
Feb 1 (Reuters) -For other diaries, please see:U.S. Federal Reserve Polling Unit Diary Today in Washington Political and General News -----------------------------------------------------------This Diary is filed daily. ** Indicates new events ----------------------------------------------------------- THURSDAY, FEBRUARY 1BELGRADE - EIB Vice President Dario Scannapieco will hold a press conference...Read More
(Adds detail, analyst comment)* Jan CPI +1.0 pct y/y (Reuters poll +1.3 pct)* Jan CPI +0.4 pct m/m (Reuters poll +0.7 pct) By Cynthia Kim and Dahee KimSEOUL, Feb 1(Reuters) - South Korea's annual inflation fell in January to its slowest in 17 months as fresh food costs declined, dropping further away from the central bank's 2 percent target. The consumer price index rose 1.0 percent in January f...Read More
(Adds data on other business units)By Salvador Rodriguez and Pushkala AripakaJan 31 (Reuters) - Microsoft Corp beat Wall Street's profit forecast on Tuesday, helped by growth in its cloud computing business, but took a $13.8 billion one-time charge due to the new U.S. tax law. Stock of the world's largest software company, which have risen almost 50 percent over the past 12 months, initially fell...Read More
SYDNEY, Feb 1 (Reuters) - Home prices across Australia's major cities fell further in January as weakness spread out from the Sydney market in the face of tighter rules on investment lending, a relief to regulators but a potential drag on consumer spending power.Property consultant CoreLogic said on Thursday its index of home prices for the combined capital cities slipped 0.5 percent in January, a...Read More
All technical traders, whether classically trained in Western technical analysis or Eastern technical analysis, look for specific patterns that can define pivot points or key reversals within a market.Many Eastern market technicians utilize the patterns provided through Japanese candlesticks as a viable means to look for pivot points in the market. These patterns include the engulfing bullish and...Read More
(Adds CBO debt ceiling projection)WASHINGTON, Jan 31 (Reuters) - The U.S. Treasury said on Wednesday it planned to hold larger debt auctions because of the winding down of the Federal Reserve's bond-buying program, but warned it would only be able to pay all of the federal government's bills through February."Based upon available information, Treasury expects to be able to fund the governmen...Read More
(Adds dealer quotes and details on Fed decision and Trudeau comments, updates prices)* Canadian dollar at C$1.2300, or 81.30 U.S. cents* Loonie touches its strongest since Sept. 20 at C$1.2250* Currency rises 2.3 percent in January* 2-year yield touches its highest in 6-1/2 years By Fergal SmithTORONTO, Jan 31 (Reuters) - The Canadian dollar rose to a four-month high against its U.S. counterpart...Read More
SYDNEY, Feb 1 (Reuters) - Australian manufacturers enjoyed another month of solid expansion in January with demand, both domestically and from offshore, strong enough to allow firms to raise prices to protect profit margins, a survey showed on Thursday.The CBA-Markit Purchasing Managers Index (PMI) of activity dipped to 55.4 in January, from a historically high 57.1 the month before, but remained...Read More