BUENOS AIRES/SAO PAULO, Jan 12 (Reuters) - Banco do Brasil plans to wait for better market conditions before listing shares of Banco Patagonia, in which it has a majority stake, the CEO of Brazil's state-run bank told Banco Patagonia board members on Friday, two sources familiar with the matter said.CEO Paulo Rogerio Caffarelli reiterated in Buenos Aires that Banco do Brasil was not currently look...Read More

Jan 12 (Reuters) - The recent drop in U.S. unemployment poses a bigger risk to the sustainability of the economic recovery than lower-than-expected inflation, Boston Fed president Eric Rosengren said Friday.Inflation has run stubbornly below the Fed's 2-percent goal even as unemployment has fallen to 4.1 percent and looks set to decline further. Some Fed policymakers have urged waiting on rate hik...Read More

TORONTO, Jan 12 (Reuters) - Canada's main stock index ended barely higher on Friday, as rising gold miners, lumber companies and other resource stocks offset sharp losses for cannabis producers. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 21.24 points, or 0.13 percent, at 16,308.18. It lost 0.25 percent over the course of the week. (Reporting by Alastair Sharp;...Read More

NEW YORK, Jan 12 (Reuters) - Wall Street continued its rally on Friday with record closing highs as fourth-quarter earnings season kicked off with solid results from banks and robust retail sales drove investor optimism about economic growth.The Dow Jones Industrial Average rose 228.46 points, or 0.89 percent, to 25,803.19, the S&P 500 gained 18.67 points, or 0.67 percent, to 2,786.23 and the...Read More

ALL TIMES IN EST/GMT -------------------------------------------------------Martin Luther King Jr. Day (federal holiday)------------------------------------------------------- DIARY - Federal Reserve Events U.S. Indicators (Washington economics team) 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 eff...Read More

Investors are betting there's more to come from commodities after a surge in industrial metals and oil prices.Read full newsRead More

AIM Journal writer Andrew Hore tells Proactive that since the journal's inception in 2009, many companies featured on AIM have positively grown. Andrew discusses trading statements on US based construction company Somero and computer games co-developer Sumo, giving Proactive insights into the pertinent facts and figures.  Meet Netscientific PLC, discoverIE Group plc, Itaconix Plc and Realm Th...Read More

* Euro surges on ECB tapering hopes; sterling jumps* Wall St scales record highs on earnings optimism, data* U.S. yields up on inflation, 2-year highest since 2008 crisis* Oil adds to rally, heads for fourth week of gains (Updates with oil settlements)By Caroline ValetkevitchNEW YORK, Jan 12 (Reuters) - The U.S. dollar slumped to a more than three-year low against the euro on Friday, extending rec...Read More

Wall Street starts the last day of the week higher. Core-CPI comes in slightly above market expectations. DXY looks to close the week at multi-month lows. After rising to its highest level in nearly four months at $1333, the XAU/USD pair started consolidating its daily gains as the ongoing rally of the major equity indexes in the U.S. weighed on the demand for traditional safe-havens. As of writ...Read More

NEW YORK, Jan 12 (Reuters) - Speculators' net short dollar bets rose in the latest week to the largest position since mid-October, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday.The value of the net short dollar positions, derived from net positions of International Monetary Market speculators in the yen, euro, British pound, Swiss franc and C...Read More

SANTIAGO, Jan 12 (Reuters) - Chilean retailer Cencosud said on Friday it plans to make $400 million in investments this year and expects revenue of $16.5 billion over the 12-month period.One of the largest retailers in South America, Cencosud said that its investment plan could be revised depending on the sale of non-strategic assets. (Reporting by Felipe Iturrieta; editing by Diane Craft) Discla...Read More

While the Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) all got a taste of defeat this week, with the Dow suffering -- gasp! -- two losing sessions, U.S. stocks once again cruised to an impressive weekly win and fresh record highs, extending their historic start to the year. There was again some Trump-related turbulence, with reports suggesting the president...Read More

* Rising rents, healthcare costs boost underlying U.S. inflation* Retail sales rise 0.4 percent; core sales up 0.3 percent* Facebook falls after making changes to News Feed* Indexes up: Dow 0.79 pct, S&P 0.61 pct, Nasdaq 0.61 pct (Updates to late afternoon, adds commentary, changes byline)By Sinead CarewJan 12 (Reuters) - Wall Street continued its rally on Friday as fourth-quarter earnings sea...Read More

Somero Enterprise Inc (LON:SOM) expects 2017 earnings and revenue will be ahead of market forecasts following a strong second half performance.Shares in the maker of laser-guided machinery used in horizontal concrete placement rose 8.4% to 372.5p."The board is pleased to report that the company delivered strong, profitable growth and healthy cash generation in the six months since 30 June 2017 exi...Read More

The U.S. stock market is looking to end the week strong, thanks to this morning's big bank earnings. Among other names making volatile moves are retail stocks Amazon.com, Inc. (NASDAQ:AMZN), Etsy Inc (NASDAQ:ETSY), and Kohl's Corporation (NYSE:KSS). Here's a quick roundup of what's moving the shares of AMZN, ETSY, and KSS.Amazon Stock Heads Toward Longest Win Streak Since MayIt's been a record-set...Read More

* Consumer price inflation highest in 11 months* Two-year yields hit highest since 2008* U.S. retail sales rose in December, November's revised higher By Kate DuguidNEW YORK, Jan 12 (Reuters) - Treasury yields climbed on Friday as underlying U.S. consumer prices rose the most in 11 months in December, bolstering expectations of a pickup in domestic inflation and Federal Reserve interest rate hike...Read More

U.S. business inventories rose slightly more than expected in November. The Commerce Department said on Friday business inventories increased 0.4 percent. October data was revised to show inventories unchanged. Published 10 Hours AgoUpdated10 Hours AgoReutersSHARES Jim Young | Bloomberg | Getty ImagesA worker operates a forklift to move parts used to assembled car seats at the Lear Corp. manuf...Read More

* Euro highest since late 2014* Dollar index hits four-month low* Sterling soars to highest level since Brexit vote* Bitcoin bounces after 11 percent drop (Updates prices, market activity, comment)By Saqib Iqbal AhmedNEW YORK, Jan 12 (Reuters) - The dollar slipped to a more than three-year low against the euro on Friday, as the common currency extended its gains on hopes that European Central Bank...Read More

* Dec core CPI marks biggest monthly increase in 11 months* TIPS funds see biggest weekly inflows since Nov. - Lipper* U.S. to sell $13 bln 10-year TIPS next Thursday (Updates market action, adds Lipper data)By Richard LeongNEW YORK, Jan 12 (Reuters) - The U.S. bond market's gauges of inflation expectations rose on Friday as a stronger-than-forecast increase in core domestic consumer prices in Dec...Read More

Demand for energy has got commodities off to a bullish start in the first full trading week of 2018. A weaker dollar and increased focus on inflation together with geopolitical risks were some of the main drivers of a strong beginning to the year for crude oil and gold. Correction risks lurk, however, with oil potentially at riskRead full newsRead More