(Updates with final prices, Mexican details)By Bruno FederowskiBRASILIA, Jan 22 (Reuters) - Brazilian markets were range-bound on Monday as traders avoided big bets ahead of the trial of former President Luiz In??cio Lula da Silva, who is leading opinion polls for this year's elections.Lula has vowed to reverse part of President Michel Temer's reform agenda if elected, but he could be barred from...Read More
* Dollar pares some losses after deal to end govt shutdown* Dollar index still near 3-year low* Yen off 4-month high ahead of BOJ policy meeting* Pound at highest since Brexit vote By Hideyuki SanoTOKYO, Jan 23 (Reuters) - The dollar pared some of its losses after U.S. senators struck a deal to lift a three-day government shutdown but it was mired near a three-year low against a basket of currenc...Read More
Jan 23 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.The Times- Bankers are scrambling to attract an $18 billion telecoms flotation to London amid hopes that the deal could generate a bonanza in advisory fees. - The engineering group GKN Plc sought to bolster its defences again...Read More
(Kitco News) - Even though gold is still trading above $1,330 an ounce, the metal is looking to consolidate in the near-term while the precious market is waiting for a new catalyst, according to the latest report by TD Securities.“Gold took a breather after several consecutive weeks of strong performance, as its run toward its 2017 highs ran out of steam,” said Bart Melek, head of glob...Read More
* PREVIOUS TRADING SESSION MOVES:* SSEC +0.4 pct, CSI300 +1.2 pct, HSI +0.4 pct* HK->Shanghai Connect daily quota used 8.8 pct, Shanghai->HK daily quota used 44.8 pct* HK->Shenzhen Connect daily quota used 9.5 pct, Shenzhen->HK daily quota used 14.6 pct* CNY official close 6.405 per dollar* FTSE China A50 +0.8 pct, BNY Mellon ADR China Select Index +0.1 pct SHANGHAI, Jan 23 (Reuters)...Read More
Jan 23 (Reuters) - For other diaries, please see:Top Economic Events Polling Unit Diary Today in Washington Political and General News DATE COUNTRY AUCTION DETAILS 23-JanUnited States Sale of 2-year notes23-JanSpain Auction of 3- and 9-month Treasury bills23-JanUnited KingdomAuction 0 1/8% Index-linked Treasury Gilt 202623-JanGermany Auction of 2-year Treasury notes24-JanUnited States Sale of 2-ye...Read More
Jan 23 (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, if any -----------------------------------------------------------TUESDAY, JANUARY 23 ** SINGAPORE - 1st Meetin...Read More
Jan 23 (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 -----------------------------------------------------------TUESDAY, JANUARY 23TOKYO - Bank of Japan monetary policy meeting (Final Day). WASHINGTON - Senat...Read More
Jan 22 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.HeadlinesFormer KPMG partners charged with fraud Labour plans outsourcing crackdown on 'rogue suppliers' EU creditors to start talks on structuring debt relief for Greece IMF hails 'broadest' upsurge in global growth since 2010 Overview- The U.S....Read More
* 73 pct of firms see economic expansion lasting throughout 2018* Economists more bullish, seeing growth continuing through 2020* 40 pct of firms see no decisive end to deflation in near future* Views split on whether BOJ should keep easy money or exit By Tetsushi KajimotoTOKYO, Jan 23 (Reuters) - Nearly three-quarters of Japanese companies expect the economy to keep expanding at least another ye...Read More
On Friday I began the daily opening letter by saying …Whether the politicians come to some kind of accord in regards to funding the government or they let time lapse and effectually shut down the government is not the real issue.I looked at the two real issues that encompass our current dilemma. First is the fact that politicians have become professionals at using this dilemma to insert the...Read More
Richard LeongNEW YORK (Reuters) - Government shutdown? So yesterday. Debt ceiling? Yawn.Investors and traders are taking in stride that the partisan fight in Washington which resulted in the first government shutdown in over four years may snowball into a showdown over raising the cap on how much the federal government can borrow beyond its statutory limit of $20 trillion.Analysts and investors sa...Read More
David LjunggrenOTTAWA (Reuters) - The NAFTA trade agreement’s future hangs in the balance this week as negotiators from the United States, Canada and Mexico try to settle major differences over revamping a pact that President Donald Trump has threatened to abandon.Senior officials from the three nations will meet in Montreal for a week starting on Tuesday in the sixth and penultimate round o...Read More
Last week the U.S. Global Investors office was visited by a living legend in the junior mining industry, billionaire founder and executive chairman of Ivanhoe Mines, Robert Friedland. In case you don't know, back in the mid-1970s, Robert was caretaker of an apple orchard south of Portland that one of his buddies from Reed College would often visit. That buddy's name was Steve Jobs, who later went...Read More
Finland's mining authority has granted Ireland's Karelian Diamond Resources (AIM: KDR) a four-year exploration claim in the Kaavi region, located in the eastern part of the country. This license provides the holder with an exclusive right to apply for a mining permit. The 28.84-hectare property is close to Karelian's Lahtojoki mining operation, which is en route to becoming the first diamond mine...Read More
(Adds details on market activity, updates prices to close)* TSX ends down 5.48 points, or 0.03 percent, at 16,347.98* Four of the index's 10 main groups end lower* Industrials and materials both fall 0.6 percent* Home Capital Group Inc climbs 10.5 percent TORONTO, Jan 22 (Reuters) - Canada's main stock index edged lower on Monday as railroad and materials shares declined, offsetting gains for th...Read More
WELLINGTON, Jan 23 (Reuters) - Growth in New Zealand's services sector slowed in December during a quiet summer holiday period, a survey showed on Tuesday.The Bank of New Zealand-Business NZ's seasonally adjusted performance of services index (PSI) edged down to 56.0 from 56.4 in the previous month."There was a heavy seasonal factor at play, with Christmas and the holiday period being a key i...Read More
Susan Cornwell, Richard CowanWASHINGTON (Reuters) - U.S. senators struck a deal on Monday to lift a three-day government shutdown as Democrats agreed to end the standoff in exchange for President Donald Trump’s Republicans promising a debate on the future of young illegal immigrants.Legislation to renew government funding easily cleared a procedural hurdle in the Senate and was expected to p...Read More
* Stocks jump after deal to end U.S. government shutdown* World shares rise slightly* U.S. Treasury yields near 3-1/2-year high* Dollar slips vs euro; oil rises (Updates through US close.)By David RandallNEW YORK, Jan 22 (Reuters) - U.S. stocks surged on Monday after senators in Washington reached a deal to reopen the federal government, ending a 2-1/2-day shutdown that world markets largely took...Read More
(Adds strategist quote, background, updates prices)* Canadian dollar at C$1.2453, or 80.30 U.S. cents* Canadian wholesale trade rises 0.7 percent in November* Bond prices little changed across the yield curve* 10-year yield touches a three-year high at 2.249 percent By Fergal SmithTORONTO, Jan 22 (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Monday, gravitating towa...Read More