- Brexit uncertainty deepens as UK government in disarray- BOE warns of earlier and larger rate hikes for Brexit-hit UK- UK property prices fall second month in row, London property under pressure- No deal Brexit estimated to cost UK ?80bn according to government analysis- Transition period causing major uncertainty for UK and pound- Pound expected to fall as Brexit fears remain into 2018Editor:...Read More

The current volatility in global stock markets should pitch for a very strong case of the need to invest in physical gold to everyone. Gold is the only safe haven. The rest of them can be junk. Once again the debate between paper investment and safe havens. Gold as a safe haven is intended to safe guard against current global investment shocks. Selected stock investment will no doubt give much b...Read More

Gold prices are down for a second week on the back of a firmer US dollar. Oil prices also tumble amidst the release of fresh US data.Read full newsRead More

* Reappointment will reassure jittery investors* PM Abe has expressed "full trust" in Kuroda* Sets Kuroda on course for longest tenure ever (Changes attribution to source, adds details)By Takaya Yamaguchi and Leika KiharaTOKYO, Feb 9 (Reuters) - Japan's government has decided to nominate Haruhiko Kuroda for a rare second term as governor of the central bank when his current one expires i...Read More

TOKYO, Feb 10 (Reuters) - Japan's government has decided to nominate Haruhiko Kuroda as governor of the central bank for another term when his current one expires in April, a person briefed on the matter said on Saturday, a sign the country's ultra-loose monetary policy will remain in place.The reappointment, widely expected by financial markets and reported late on Friday by Japanese media, will...Read More

Gold is down despite risk aversion in the equities, but definitely not out and could witness a revival next week, technical charts indicate. Currently, gold (XAU/USD) is trading at $1314/Oz - down 1.39 percent from last week's low of $1332.60. The rising yield led risk aversion in the global equities is boding well for anti-risk currencies like JPY and CHF. However, gold, despite being a class...Read More

Gold´s decline reaches the 38.2% retracement of the December/January rally. The bearish potential of the bright metal increases, but break below 1,300.00 needed. Gold prices are the most stable across the financial world, trading this Friday marginally lower, but within Thursday's range, as the rout in global equities prevents the commodity from plummeting on increased dollar's dem...Read More

Feb 10 (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 -----------------------------------------------------------MONDAY, FEBRUARY 12SYDNEY - Speech by Luci Ellis, RBA...Read More

Feb 10 (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 -----------------------------------------------------------SATURDAY, FEBRUARY 10** NEW DELHI - Indian Finance Minister Arun Jaitley will address the Central...Read More

Nautilus Minerals Inc. (TSX:NUS) (OTC:NUSMF) (the 'Company' or 'Nautilus') is pleased to announce that the Government of Papua New Guinea has granted a two year Exploration License to Nautilus which will allow the Company to conduct exploration activities on this area within the southeast Bismarck Sea.Read full newsRead More

(Adds attempt to contact LJM, background on market action)By Trevor HunnicuttNEW YORK, Feb 9 (Reuters) - An investor on Friday filed a lawsuit against managers of a U.S. mutual fund that relied heavily on a strategy that profits from calm markets but lost four-fifths of its value in turmoil this week.In a complaint seeking class-action status filed in U.S. District Court in Chicago, investor Leon...Read More

* Indexes gain over 1 percent Friday after big swings* Technology the day's best-performing group* S&P 500 falls 5.2 percent for week (Adds comments, context)By Lewis KrauskopfFeb 9 (Reuters) - U.S. stocks ended a wild week with a burst of buying, pushing the S&P 500 up 1.5 percent on Friday, but still recorded their worst week in two years, and investors braced for more volatile trading d...Read More

It's A Mad, Mad, Mad WorldI have been an active trader and was licensed as a commodity broker in 1984, which means that I was present for the equities meltdown and crash of 1987. I was also in the industry in 2008 when the US stock market crashed following the banking crisis which resulted in a multiyear recession. Having said that, this week's meltdown in equities contained extremely wild price s...Read More

It's A Mad, Mad, Mad WorldI have been an active trader and was licensed as a commodity broker in 1984, which means that I was present for the equities meltdown and crash of 1987. I was also in the industry in 2008 when the US stock market crashed following the banking crisis which resulted in a multiyear recession. Having said that, this week's meltdown in equities contained extremely wild price s...Read More

(Updates throughout with closing prices)TORONTO, Feb 9 (Reuters) - Canada's main stock index fell on Friday, closing at its lowest level in five months, reflecting weakness in mining stocks as gold futures and copper prices declined.* The Toronto Stock Exchange's S&P/TSX composite index closed down 31.08 points, or 0.21 percent, to 15,034.53.* Of the index's 10 main industry groups, seven ende...Read More

FTSE 100 slumps 78 points after US rally quickly runs out of fizzStellar day for Stellar DiamondsInvestors high on the Hogg Robinson takeover offerThe US revival did not last long, prompting the FTSE 100 to stage a late swoon.The top shares index closed at 7,092, down 78 points.Despite the shake-out there some bright spots, most notably Stellar Diamonds PLC (LON:STEL), which soared more than 50% a...Read More

(Adds details, table, bitcoin details, paragraphs 4-11)By Gertrude Chavez-DreyfussFeb 9 (Reuters) - Speculators' net short U.S. dollar bets declined for the first time in six weeks, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday.The value of the net short dollar position, derived from net holdings of International Monetary Market speculators i...Read More

NEW YORK, Feb 9 (Reuters) - An investor on Friday filed a lawsuit against managers of a U.S. mutual fund that relied heavily on a strategy that profits from calm markets but lost four-fifths of its value in recent market turmoil.In a complaint seeking class-action status filed in U.S. District Court in Chicago, investor Leonard Sokolow said he owned shares of LJM Preservation and Growth Fund , a o...Read More

Stock market volatility was the name of the game yet again today, with the Dow exploring a range of more than 1,000 points on both sides of breakeven, before ultimately finishing in the black. It's a trend we've seen all week, with the index trading in a massive range of more than 2,100 points since Monday's open, but ultimately suffering its steepest weekly loss since January 2016. The S&P 500 an...Read More

WASHINGTON, Feb 9 (Reuters) - The White House budget proposal projects U.S. economic growth of3.2 percent next year, before declining to 3 percent in 2021 and 2.8 percent in 2026, the Wall Street Journal reported on Friday, citing a preview of the plan.The budget, which is due to be released on Monday, assumes the 10-year Treasury yield will average 2.6 percent this year and 3.1 percent next year...Read More