Feb 16 (Reuters) - For other diaries, please see:Top Economic Events Polling Unit Diary Today in Washington Political and General News DATECOUNTRY AUCTION DETAILS16-FebJapan 1-year discount bill auction19-FebNetherlands DTC auction20-FebGermany Auction of 2-year Treasury notes20-FebSpain Auction of 3- and 9-month Treasury bills20-FebUnited States Sale of 2-year notes21-FebUnited States Sale of 2-y...Read More
Feb 16 (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 19SYDNEY - Speech by Michele Bullock, R...Read More
Feb 16 (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 -----------------------------------------------------------FRIDAY, FEBRUARY 16** GRANADA, Spain - Bank of Spain Governor Luis Maria Linde to participate in...Read More
(Adds details on funds, table, analyst quote, byline)By Trevor HunnicuttNEW YORK, Feb 15 (Reuters) - U.S. fund investors fled the riskier corners of the debt market, pulling the second-highest amount of cash on record from high-yield "junk" bonds during the latest week, Lipper data showed on Thursday.The $6.3 billion in withdrawals from the funds during the week ended Feb. 14 mark a new...Read More
(Adds background)Feb 15 (Reuters) - Global index provider MSCI Inc on Thursday "strongly suggested" that India's three main stock exchanges reconsider their anti-competitive measures that restrict the accessibility of the Indian equity market to foreign exchanges.The National Stock Exchange, BSE Ltd and Metropolitan Stock Exchange said last week that they would stop licensing products a...Read More
SYDNEY, Feb 16 (Reuters) - Reserve Bank of Australia (RBA) Governor Philip Lowe said on Friday the outlook for rising U.S. budget deficits was "very problematic."Investors are worried about the twin deficits in the United States amid a government spending splurge and large corporate tax cuts. Lowe said he would not want tax cuts in Australia to lead to higher deficits. The U.S. national...Read More
Mr. Nolan Watson reportsSANDSTORM GOLD ANNOUNCES 2017 FOURTH QUARTER AND ANNUAL RESULTSSandstorm Gold Ltd. has released its results for the fourth quarter and year ended Dec. 31, 2017 (all figures in U.S. dollars). Fourth quarter highlights: Attributable gold equivalent ounces sold (1) of 12,032 ounces (Q4 2016 -- 13,245 ounces); Revenue of $15.4-million (Q4 2016 -- $16.5-million); Operating cash...Read More
Mr. Nolan Watson reportsSANDSTORM GOLD ANNOUNCES 2017 FOURTH QUARTER AND ANNUAL RESULTSSandstorm Gold Ltd. has released its results for the fourth quarter and year ended Dec. 31, 2017 (all figures in U.S. dollars). Fourth quarter highlights: Attributable gold equivalent ounces sold (1) of 12,032 ounces (Q4 2016 -- 13,245 ounces); Revenue of $15.4-million (Q4 2016 -- $16.5-million); Operating cash...Read More
PANAMA CITY, Feb 15 (Reuters) - Panama consumer prices rose 0.4 percent in January versus the same month a year earlier, the comptroller in the Central American country said on Thursday.In the first month of the year, prices for education, health services, hotels and restaurants rose most, according to the consumer price index.By contrast, prices for food and non-alcoholic beverages fell 1.5 perce...Read More
David Linsley, chief executive of Pembridge Resources plc (LON:PERE), tells Proactive's Andrew Scott they're set to become a cash flow generating copper producer with the acquisition of Yukon-based Minto Explorations.Currently an acquisition vehicle or SPAC, Pembridge will pay US$37.5mln in cash to vendor Capstone Mining plus shares equivalent to a 9.9% stake in the enlarged company.Pembridge will...Read More
By Jonathan StempelFeb 15 (Reuters) - Federal prosecutors on Thursday charged a Chicago trader with wire fraud for allegedly stealing $2.06 million of bitcoin and litecoin from his employer.Joseph Kim, 24, is the first person facing criminal prosecution in Chicago involving the cryptocurrency trading industry, according to the office of U.S. Attorney John Lausch in that city, which announced the c...Read More
(Recasts with governor comments)By Swati PandeySYDNEY, Feb 16 (Reuters) - The Reserve Bank of Australia (RBA) expects to make only gradual progress in reducing unemployment and having inflation return to its 2-3 percent target band, signaling interest rates will stay at record lows for a while yet.The RBA has held rates at 1.50 percent since last easing in August 2016, as it seeks to strike a bal...Read More
SYDNEY, Feb 16 (Reuters) - Reserve Bank of Australia (RBA) Governor Philip Lowe said on Friday a downgrade of Australia's triple-A sovereign credit rating would be a political event, not an economic one.Australia is among the few countries in the world with a such a rating. Standard & Poor's last month affirmed Australia's rating but kept its negative outlook on the country citing "signif...Read More
Gold prices inched lower, pausing after the dollar's weakness propelled the precious metal to its best day since March a day earlier.Read full newsRead More
FTSE 100 rises 20.84 points Standard Life Aberdeen slumps as Lloyds pulls fundsOld Mutual and Mondi shares jump on President Zuma resignsMosman Oil tanks after placing newsTiou Energy another loser on its Botswana bids CLOSEThe FTSE 100 closed strongly on Thursday, was up 20.84 or 0.29% at 7,234.81, helped by mining stocks which took their cue from the higher prices of metals.The more UK...Read More
SYDNEY, Feb 16 (Reuters) - The Reserve Bank of Australia (RBA) will wait for unemployment to nudge lower and inflation to hop into its 2 percent to 3 percent target range before considering raising interest rates, Governor Philip Lowe said on Friday. "As things currently stand, we expect that progress to be steady, but to be only gradual," Lowe said before a parliamentary economics commi...Read More
(Adds details, background)* Wakatabe seen as advocate of bolder easing* Veteran central banker Amamiya gets other deputy post - Nikkei* BOJ Kuroda likely to be reappointed, easy policy seen intact* Govt to submit nominees to parliament on Friday By Leika KiharaTOKYO, Feb 16 (Reuters) - The Japanese government is considering nominating economist Masazumi Wakatabe, an advocate of bolder monetary e...Read More
(Recasts, adds graphic, details, comment, byline)By Gertrude Chavez-DreyfussNEW YORK, Feb 15 (Reuters) - Foreigners sold Treasuries for a third straight month in December, data from the U.S. Treasury Department showed on Thursday, as investors started to price in a faster pace of interest rate increases by the Federal Reserve.Foreign investors sold Treasuries in seven of the last 12 months, with...Read More
(Adds close of U.S. markets)* Apple, Tencent, Airbus lead world stocks higher* Dollar weakens to 15-month low vs yen* U.S. yields drift lower, uptrend seen intact* U.S.-German bond yield gap hits 10-month high By Herbert LashNEW YORK, Feb 15 (Reuters) - World equity markets surged anew on Thursday as investors shrugged off the latest sign of rising U.S. inflation, while strong global growth weig...Read More
(Adds details, updates to close)Feb 15 (Reuters) - Canada's main stock index rose on Thursday as gains in the financial sector and shares of TransCanada Corp offset a decline in natural resource companies.* The Toronto Stock Exchange's S&P/TSX composite index ended up 79.39 points, or 0.52 percent, at 15,407.66.* Investors were taking in a slew of Canadian corporate earnings, while global mar...Read More