SEOUL, Feb 13 (Reuters) - The following are foreign investors' holdings in local bonds and stocks for January, released by South Korea's Financial Supervisory Service on Tuesday (in trillion won):JanuaryDecemberBonds*100.998.5 Stocks*658.8 635.9*Foreign investors purchased a net 3.24 trillion won ($2.99 billion) of local stocks and a net 4.62 trillion won of local bonds in January.($1 = 1,083.0900...Read More
NEW YORK, Feb 12 (Reuters) - Wall Street's three major indexes rebounded on Monday with broad-based gains across sectors as investors appeared to regain confidence after U.S. equities' biggest weekly drop in two years.The Dow Jones Industrial Average rose 409.47 points, or 1.69 percent, to 24,600.37, the S&P 500 gained 36.39 points, or 1.39 percent, to 2,655.94 and the Nasdaq Composite added 1...Read More
* U.S. 30-year touch 11-month peak* U.S. safe haven bids in Treasuries slow amid stock rally* Trump unveils new budget (Recasts first paragraph, adds comment, updates prices, table)By Gertrude Chavez-DreyfussNEW YORK, Feb 12 (Reuters) - U.S. Treasury yields rose on Monday, with benchmark 10-year yields hitting a four-year high and those on 30-year bonds climbing to an 11-month peak, as a stock ral...Read More
LUANDA, Feb 12 (Reuters) - Angola's central bank said on Monday it was the sole responsibility of commercial banks to sell foreign currency to the public and that it would sell forex only to large importers of essential goods. The southern African nation in January abandoned the kwanza's peg to the U.S. dollar, devaluing it by about 10 percent, in a bid to attract capital to the oil-exporting coun...Read More
The 20 stocks listed in the table below have attracted the highest total options volume during the past 10 days. Stocks highlighted in yellow are new entries to the list, and data is courtesy of Schaeffer's Senior Quantitative Analyst Rocky White. Two names standing out in today's trading are e-commerce concern Alibaba Group Holding Ltd (NYSE:BABA) and chip stock NVIDIA Corporation (NASDAQ:NVDA...Read More
U.S. stocks arehigher today, with the Dow last seen up around over 480 points. Among the stocks making notable moves today are online mailing and shipping name Stamps.com Inc. (NASDAQ:STMP), drugmaker Collegium Pharmaceutical Inc (NASDAQ:COLL), and hardwood flooring retailer Lumber Liquidators Holdings Inc (NYSE:LL). Here's a closer look at what's moving shares of STMP, COLL, and LL today.Amazon...Read More
(Updates prices, quotes)By Kate DuguidNEW YORK, Feb 12 (Reuters) - The dollar fell against the euro on Monday following its best week against the single currency in nearly 15 months, as U.S. stocks recouped some losses from the dramatic selloff that saw the S&P 500's sharpest decline in more than two years. The selloff across asset classes forced investors betting against the U.S. currency to...Read More
* Dollar on track for weakest day since Feb. 1* Eyes on U.S. inflation data due Wednesday (Updates prices; adds comment, second byline, NEW YORK dateline)By Marcy Nicholson and Pratima DesaiNEW YORK/LONDON, Feb 12 (Reuters) - Gold prices rose on Monday as the dollar eased, but gains are expected to be muted ahead of inflation data from the United States later this week that could mean U.S. interes...Read More
Getty ImagesThe U.S. Treasury said the federal budget deficit was $49 billion in January. The numbers: The U.S. government had a monthly budget surplus of $49 billion in January, down slightly from the same month last year. For the fiscal year to date, the government's deficit is $176 billion, up from $159 billion in the year-ago period. What happened: Some of the big drivers of spending in Ja...Read More
MEXICO CITY, Feb 12 (Reuters) - Mexico's retail association said on Monday that sales at stores open for at least a year rose 3.9 percent in January from the same month a year earlier.The group, known as ANTAD, includes retail chains such as Wal-Mart de Mexico and Soriana .Total sales grew 7.3 percent compared with January 2017, the group said. (Reporting by Daina Beth Solomon) Disclaimer: The vi...Read More
The U.S. stock market is soaring today -- paring a portion of last week's losses after President Donald Trump unveiled a massive infrastructure plan. The financial sector is seeing some of the biggest gains, as evidenced by the price action in the SPDR S&P Regional Banking ETF (KRE) and the Financial Select Sector SPDR ETF (XLF). Options traders are blasting the exchange-traded funds (ETFs), too,...Read More
NEW YORK, Feb 12 (Reuters) - The U.S. Treasury Department would sell about $290 billion in net ultra short-term debt in the next four weeks in the aftermath a budget agreement last week to suspended the federal debt limit into March 2019, JPMorgan analysts said on Monday.This increase in bill issuance would bring the government's cash balance toward $340 billion by the end of April after the Treas...Read More
(Kitco News) - Goldand silver prices were ending the U.S. day session with solid gains Monday. Theprecious metals were supported by a weaker U.S. dollar index and a rebound incrude oil prices. Some short covering in the futures market and bargain huntingin the cash market were featured in both metals, following last week’s sellingpressure. Impressively, the metals were able to post good pric...Read More
CAIRO, Feb 12 (Reuters) - Average yields on Egypt's five- and 10-year treasury bonds fell at an auction on Monday, central bank data showed.The average yield on the five-year bond fell to 14.438 percent from 14.716 percent at the last similar auction. The average yield on the 10-year bond fell to 13.871 percent from 14.416 percent. (Reporting by Arwa Gaballa, editing by Larry King) Disclaimer: Th...Read More
* Materials, Industrials gain on Trump's second budget* 10-yr Treasury yields, VIX hold steady* Energy stocks gain as crude prices rise nearly 2 pct* Indexes up: Dow 1.65 pct, S&P 1.37 pct, Nasdaq 1.43 pct* Dow, S&P still roughly 6 pct lower than Feb. 1 close (Updates to early afternoon)By Sruthi ShankarFeb 12 (Reuters) - Technology and financial shares led Wall Street's main indexes highe...Read More
Feb 13 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 5,820.70 -17.30NZX 50**8,059.06 -33.310DJIA24,603.87412.97NIKKEI**21,382.62-508.24Nasdaq6,967.79 93.30 FTSE**7,177.06 84.63S&P 500 2,655.89 36.34 Hang Seng** 29,459.63-47.79SPI 200 Fut 5,765.00 24.00 STI** 3,384.98 7.74SSEC**3,153.56 23.71 KOSPI** 2,385.38 21.61-------------------------------------------------------...Read More
After last week's bloodbath, some traders may forget that the U.S. stock market enjoyed its best start to a year since 2003. In fact, the S&P 500 Index (SPX) was up more than 10% in 2018 at its peak -- making the recent stock correction all the more rare. Here's how stocks tend to perform after a quick-and-dirty swing to start the year, and how short-term options traders can capitalize.Signal Soun...Read More
ABUJA, Feb 12 (Reuters) - Nigeria's central bank said on Monday it had injected $210 million into the interbank foreign exchange market, part of aneffort to improve liquidity and alleviate the dollar shortages of the past few years.The bank said in a statement it had released $100 million earmarked for the wholesale market, $55 million for small businesses and individuals, and $55 million for cert...Read More
(Kitco News)- The gold market does not have to fear rising bond yields,as inflation expectations are keeping real interest rates muted, according toone investment firm.In a report, Monday, Maxwell Gold, director of investmentstrategy at ETF Securities said that gold prices still have room to push highereven as the yield on 10-year notes rises to 3%. The comments come as 10-yearbond yields have inc...Read More
* LME/ShFE arb: (Updates with closing prices)By Peter HobsonLONDON, Feb 12 (Reuters) - Copper prices rose on Monday from a two-month low last week, helped by a weaker dollar and more stable global markets that encouraged a return to riskier assets. A weaker dollar makes metals cheaper for users of other currencies and can spur demand."A dip in the dollar has lifted the whole base metals secto...Read More