* 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

China's Plunge Protection Team officially arrived over the weekend, urging controlling investors in listed companies to boost their holdings and telling some mutual funds to limit equity selling this week.Read full newsRead More

Retail investors just can't get enough of buying what institutions are selling to them...Read full newsRead More

London City Airport canceled all flights on Monday after the discovery nearby of another unexploded bomb dropped by Hitler's Luftwaffe...Read full newsRead 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

(Kitco News) - Gold and silver prices were ending the U.S. day session with solid gains Monday. The precious metals were supported by a weaker U.S. dollar index and a rebound in crude oil prices. Some short covering in the futures market and bargain hunting in the cash market were featured in both metals, following last week’s selling pressure. Impressively, the metals were able to post good...Read More

Attorneys from Antofagasta's First Environmental Tribunal, together with company executives, researchers and conservation experts, visited, flew over and sailed around the site where Andes Iron's Dominga mine and port project would be located, in the central Coquimbo region. The trip was part of an evaluation process the court was prompted to undertake following Andes Iron's appeal of an August 20...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

Lee Godfrey, chief executive at KNEIP, tells Proactive they're an industry leader in data management and reporting solutions for the investment and insurance industry.''Our vision is to transform the financial services industry to better serve investors'', Godfrey says.''We don't have a direct relationship with investors but our clients do and we want to make sure everything they produce for inves...Read More

After a mixed update last week from peer Thomas Cook Group PLC (LON:TCG), a first-quarter trading statement will be closely eyed from FTSE 100-listed holidays firm TUI AG (LON:TUI) on Tuesday, when it also holds its annual general meeting.In a preview, analysts at French broker Kepler Cheuvreux said they think that TUI will indicate an improving underlying booking situation which, however, they be...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