** Australia's gold index rises as much as 1.3 pct,in a broader market that fell about 0.8 pct** Gold prices edged up from 2-month lows hit in theprevious session as the dollar scaled back from multi-week highs** The dollar fell to two-week lows against the yen anddropped from seven-week highs versus the euro on Thursday onfears of an imminent trade war after U.S. President Donald Trumpsaid the Un...Read More
** Radio content creator Southern Cross Media Group Ltd falls as much as 4.1 pct to A$1.045, its lowest sinceApril, 2016** Stock is trading ex-dividend today** Stock posts its biggest intraday pct fall since Feb. 23,when it declared interim results ** Up to Thursday's close, stock hadfallen 8 pct this yearcompared with a 1.5 pct decline in the S&P/ASX 200 Index Messaging: Aaron.Saldanha@thomso...Read More
* Flat as Asia open - closed +0.1%, capped by Brexit uncertainty * May to outline wide ranging free trade agreement today * 1.3712 rebound leaves hammer reversal signal - close above 1.3785validates* Momentum studies, 5, 10 & 20 DMAs head lower - bearish trending setup* 1.3700, 61.8% Dec/Jan rise initial significant support* NY 1.3712/1.3785 range is initial support/resistance<^^^^^^^^^^^^^...Read More
* USD/CNY fix estimate range 6.3300-6.3350 vs prev 6.3352* O/n DXY slippage to drag fix down from 6.3430 official close* Announcement of US tariffs may impact CNY fix * China could use FX as tool to retaliate * Whittling the yuan would help offset Trump's tariffs <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^CNYfix: ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>...Read More
* PREVIOUS TRADING SESSION MOVES:* SSEC +0.4 pct, CSI300 +0.6 pct, HSI +0.7 pct* HK->Shanghai Connect daily quota used 4.3 pct, Shanghai->HK daily quota used 18 pct* HK->Shenzhen Connect daily quota used 6.4 pct, Shenzhen->HK daily quota used 12.7 pct* CNY official close 6.3575 per dollar* FTSE China A50 +0.6 pct, BNY Mellon ADR China Select Index -0.8 pctSHANGHAI, March 2 (Reuters) -...Read More
(Adds analyst comment, detail)* Jan factory output +1.0 pct m/m s/adj (Reuters poll +2.0pct)* Jan factory output +4.6 pct y/y (Reuters poll +3.2 pct)By Cynthia Kim and Dahee KimSEOUL, March 2 (Reuters) - South Korea's industrial outputrebounded in January, official data showed on Friday, reflectingstrong export demand for memory chips and petroleum products. A measure of factory utilisation increa...Read More
* USD/JPY initially up o/n on good US data but trade takes limelight later.* From 107.20, pair down hard on Trump goes on trade offensive.* Japan not targeted as of yet but part of greater Asia, mood risk off.* Nikkei already in 2.4%+ plunge after TSE open, US Treasury yields off too.* 106.16 low o/n, Asia so far 106.08-27, some bids still pre-106.00.* Total USD1.6 bln+ option expiries 106.50-107....Read More
* USD/MYR fades away from Bollinger uptrend channel 3.2960* Risk aversion hits stocks after US tariff headlines * Asia markets likely to swoon, haven USD could rally later* But economic implications sink US yields, damping dollar* US 10y falls to 2.82%; partly on toned-down Powell * Another regression in oil prices supportive for USD/MYR<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^...Read More
TOKYO,March 2 (Reuters) - Japan's benchmark Nikkei average fell 2.29 percent to 21,226.99 on Friday, while the broader Topix shed 1.81 percent to 1,708.77. (Reporting by Tokyo markets team) Keywords: MARKETS JAPAN STOCKS/XPCT Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of...Read More
* reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=EUGDPQAP 2018 GDP growth poll data* reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=EUCPIAP 2018 inflation poll data* reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=EUECBR%3DECI ECB refinancing rate poll dataBy Rahul KarunakarBENGALURU, MARCH 2 (Reuters) - Euro zone economic momentumh...Read More
TOKYO,March 2 (Reuters) - Japan's benchmark Nikkei average opened down 1.77 percent at 21,339.98 on Friday, while the broader Topix shed 1.65 percent to 1,711.46. (Reporting by Tokyo markets team) Keywords: MARKETS JAPAN STOCKS/OPEN Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accur...Read More
March 2 (Reuters) -For other diaries, please see: Top Economic Events Emerging Markets Economic Events Government Debt Auctions Political and General News U.S. Federal Reserve Today in Washington DATE COUNTRY AUCTION DETAILS 5-MarFranceAuction of BTF Treasury notes 5-MarNetherlands DTC auction 5-MarNorwayAuction of Treasury bills 6-MarSpain Auction of 6- and 12-month Treasury bills 6-MarUnited Kin...Read More
March 2 (Reuters) -For other diaries, please see: Top Economic Events Emerging Markets Economic Events Government Debt Auctions Political and General News U.S. Federal Reserve Today in Washington ----------------------------------------------------------- This Diary is filed daily. ** Indicates new events-----------------------------------------------------------FRIDAY, MARCH 2 ** MANILA - Stefano...Read More
March 2 (Reuters) -For other diaries, please see: Top Economic Events Emerging Markets Economic Events Government Debt Auctions Political and General News U.S. Federal Reserve Today in Washington ----------------------------------------------------------- This Diary is filed daily. ** Indicates new events-----------------------------------------------------------FRIDAY, MARCH 2** HAMBURG, Germany...Read More
** Oil and gas explorer Central Petroleum Ltd risesas much as 33.3 pct to A$0.140, its highest since June 23, 2017** Australian Competition and Consumer Commission releases adraft decision proposing to authorise joint gas marketingarrangements between Central Petroleum Ltd and MacquarieMereenie, owned by Australian based provider of financialservices Macquarie Group Ltd** Says it granted interim a...Read More
* USD/AXJ rally cut short in NYK on Trump's imposition of tariffs * Caught between confident Fed and trade war fears* Reaction of China and Asia awaited; EU promises firm response * USD downside limited as AXJ -ves surface, risk aversion rises * USD/CNY locked in 6.28-6.36 range, watch PBOC yuan mid-point * USD/MYR capped by 3.9285-3.9300, break extends to 3.9420; support at3.9000 Disclaimer: Th...Read More
* Tokyo February core CPI slightly higher than expected.* Overall CPI in February +1.4% y/y too, BoJ making progress towards target?* CPI excluding fresh food/energy +0.5% y/y still however.* If the BoJ focuses on the overall level, indeed progress being made.* Rise in prices good but with no complimentary rise in wages walletstighter. Disclaimer: The views expressed in this article are those of...Read More
WASHINGTON, March 1 (Reuters) - U.S. President DonaldTrump's top economic aides held "frank and constructive" talkswith Chinese President Xi Jinping's top economic adviser, LiuHe, on trade and economic relations on Thursday, a White Houseofficial said."We underscored the importance of achieving balance andreciprocity in the economic relationship," the official said ofthe meetin...Read More
** Syrah Resources Ltd falls as much as 5.7 pct toA$3.17, its lowest since Feb 13** Graphite products supplier flags damage to certainmachinery at its Balama operations in Mozambique ** Expects to produce about 65 pct of volume planned forramp up during estimated 8 weeks needed for repair** Stock posts biggest intraday pct fall since Feb 9, amongtop pct losers on the Australian main index ** Up to...Read More
* Unemployment at 2.4% lowest since April 1993, 2.7% eyed.* Jobs/applicants ratio at 1.59 same as December, 1.60 eyed.* Japanese labor even tighter than before, falling/ageing population factor.* Japan still refuses to take in large numbers of immigrants.* That said, non-Japanese population increasing, fact felt in large cities. Disclaimer: The views expressed in this article are those of the au...Read More