March 30 (Reuters) - The U.S. dollar's share of currencyreserves reported to the International Monetary Fund declined inthe final quarter of 2017 to a four-year low, as othercurrencies' shares of reserves grew, data released on Fridayshowed.Reserves held in U.S. dollars rose to $6.28 trillion, or62.7 percent of allocated reserves, in the four quarter, from$6.13 trillion, or 63.5 percent, in the th...Read More
(Adds background, details to latest data, table)NEW YORK, March 30 (Reuters) - Speculators trimmed their netshort dollar bets earlier this week from their highest levelssince August 2011, according to calculations by Reuters andCommodity Futures Trading Commission data released on Friday.The value of the net short dollar positions, derived fromnet positions of International Monetary Market specula...Read More
(Corrects paragraphs 12-13 to remove incorrect name ofdefendant's wife, who was not identified in court papers) By Jonathan Stempel and Brendan Pierson NEW YORK, March 30 (Reuters) - A research scientist atMassachusetts Institute of Technology was sentenced on Friday to15 months in prison after admitting to insider trading on amining company merger that his wife, a corporate lawyer, hadbeen workin...Read More
NEW YORK, March 30 (Reuters) - Speculators trimmed their netshort dollar bets earlier this week from their highest levelssince August 2011, according to calculations by Reuters andCommodity Futures Trading Commission data released on Friday.The value of the net short dollar positions, derived fromnet positions of International Monetary Market speculators inthe yen, euro, British pound, Swiss franc...Read More
(Corrects paragraphs 11-12 to remove incorrect name ofdefendant's wife, who was not identified in court papers) By Jonathan Stempel and Brendan Pierson NEW YORK, March 30 (Reuters) - A research scientist atMassachusetts Institute of Technology was sentenced on Friday to15 months in prison after admitting to insider trading on amining company merger that his wife, a corporate lawyer, hadbeen workin...Read More
March 30 (Reuters) - Hedge funds and money managers uppedtheir net long position in COMEX gold contracts in the week toMarch 27, U.S. Commodity Futures Trading Commission data showedon Friday.They also cut net long positions in silver and copperfutures and options, the data showed. (Reporting by Chris PrenticeEditing by Susan Thomas) Reuters Messaging:christine.prentice.thomsonreuters@reuters.net)...Read More
Click the following link to watch video: Source: Reuters InsiderDescription: U.S. President Donald Trump has put in doubt a recently-announcedtrade deal with South Korea, saying he might hold it up - until a separatedeal is reached with North Korea. Japan Industrial production rebounded inFebruary from a decline the previous month.Short Link: Disclaimer: The views expressed in this article are tho...Read More
Click the following link to watch video: Source: Reuters InsiderDescription: March 30- U.S. companies' first disclosures of CEO-to-employeepay ratios produce some surprises. Richard Beales and Tom Buerkle explain whyLloyd Blankfein's ratio is much lower than Jamie Dimon's (Goldman bankersearn a lot) and S&P Global's is so high (lots of staff in India).Short Link: Disclaimer: The views expresse...Read More
March 30 (Reuters) - Equity fund managers cut their net long positions in S&P 500 futures contracts in the week ended March 27 by 34,498 to 116,692, U.S. Commodity Futures Trading Commission data showed on Friday.Equity fund speculators switch their net long positions by 26,881 to 773, the data showed.Long Short Net---------------------------------------------------- Fund Managers 255,720 139,...Read More
(Adds more crude production data, natural gas figures,paragraphs 2-4)March 30 (Reuters) - U.S. crude production rose by 6,000barrels per day (bpd) in January to 9.964 million barrels perday, the Energy Information Administration said in a monthlyreport on Friday.The agency revised the December report up by 9,000 barrelsto 9.958 million bpd. The gains were driven by a rise inoffshore production, wh...Read More
March 30 (Reuters) - U.S. crude production rose by 6,000barrels per day (bpd) in January to 9.964 million barrels perday, the Energy Information Administration said in a monthlyreport on Friday.The agency revised the December report up by 9,000 barrelsto 9.958 million bpd. (Reporting By David Gaffen; editing by Jonathan Oatis) Messaging: david.gaffen.reuters.com@reuters.net)) Disclaimer: The views...Read More
MOSCOW, March 30 (Reuters) - Russia's March exports of wheat, barley and maize (corn) are estimated at5.0 million tonnes, up from 4.05 million tonnes in February, the SovEcon agriculture consultancy toldReuters.It also provided the following data.TABLE-Russia's grain exports since the start of the 2017/18 marketing year on July 1 and SovEcon'sforecast for March (,000 tonnes): July 17Aug SeptOct N...Read More
March 30 (Reuters) - Ecuador's economy grew 3 percent in2017, showing a strong recovery from the previous year, helpedby household consumption, government spending and exports, thecountry's central bank said on Friday.However, oil sector production was down 2.8 percent, due toOPEC cuts. Ecuador produced 193.9 million barrels in the year,down 3.4 percent from the previous year.Ecuador has suffered...Read More
A community group from New Zealand's Waihi town, in the North Island's Hauraki district, is expressing concerns over plans announced by OceanaGold Corporation (TSX/ASX: OGC) to mine for gold under the nearby open Martha pit.This week, the Melbourne-based company presented its project to the District Council. The Martha Project exploration target is the first stage of an anticipated 10-year mine li...Read More
A community group from New Zealand's Waihi town, in the North Island's Hauraki district, is expressing concerns over plans announced by OceanaGold Corporation (TSX/ASX: OGC) to mine for gold under the nearby open Martha pit.This week, the Melbourne-based company presented its project to the District Council. The Martha Project exploration target is the first stage of an anticipated 10-year mine li...Read More
KARACHI, Pakistan, March 30 (Reuters) - DAILY INDICATORS Friday PREVIOUS Floating Interbank Rate (Rs/$)115.42/115.50114.44/115.50 Rupee/US$ (kerb market) 115.80 116.00 Karachi 100-share Index 45,560.3045,489.62 Gold (Karachi) Rs/10 gm 50,442.4250,400.17CENTRAL BANK AUCTIONSTreasury bill auction results:Cut-off yield (pct) at auction onMarch 28March 14 Three-month bills6.25916.2591 Six-month bill...Read More
* Crude imports fall to 2.99 mln bpd* Total product sales rise 1.7 pct (Adds details, table)TOKYO, March 30 (Reuters) - Japan's crude oil imports last month fell 15.4percent from a year earlier to 2.99 million barrels per day (13.33 millionkilolitres), the lowest for the month of February since 1969, monthly data fromthe Ministry of Economy, Trade and Industry (METI) showed on Friday.Total oil sal...Read More
ISLAMABAD, March 30 (Reuters) - Pakistan's central bank onFriday kept interest rates unchanged at 6 percent, citingprospects for strong growth and inflation "within comfortablebounds" for the next year, the bank said in a statement.The State Bank of Pakistan statement said the indicatorswere marred by a higher current account deficit, which it said could affect stability.But it said &quo...Read More
It might have been a fore-shortened trading week ahead of the Easter break but there was still an egg-load of corporate news released as the first-quarter came to a close, with some even provoking good gains.Among the highlights, Instem Plc (LON:INS), a technology provider to the drugs industry, shot 25% higher to 233p after it announced a significant contract extension from a company using its SE...Read More
* USD/JPY's 106.12 low is right on the daily Kijun support* Almost no trading seen amid holiday, but USD off broadly* USD pullback after pre-period-end positioning rally fades* 106.12-53 range should hold today unless major news breaks* NFP, trade & NoKo next week's focus. Bulls need a 107+ close<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^Chart: ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^...Read More