* PREVIOUS TRADING SESSION MOVES:* SSEC +0.4 pct, CSI300 +0.2 pct, HSI +0.1 pct* Shanghai->HK daily quota used 19.2 pct* HK->Shenzhen Connect daily quota used 7.5 pct, Shenzhen->HK daily quota used 18.6 pct* CNY official close 6.359 per dollar* FTSE China A50 +0.0 pct, BNY Mellon ADR China Select Index +0.5 pct SHANGHAI, Jan 25 (Reuters) - Following is a list of recent corporate and poli...Read More
Jan 25 (Reuters) - For other diaries, please see:Top Economic Events Polling Unit Diary Today in Washington Political and General News DATE COUNTRY AUCTION DETAILS 25-JanUnited States Sale of 7-year notes25-JanJapan 3-month discount bill auction25-JanJapan Auction of 20-year government bonds26-JanItaly Zero-coupon/BTPi auction29-JanItaly Bills auction30-JanJapan Auction of 2-year government bonds3...Read More
LONDON, Jan 25 (Reuters) - British construction companies had their best year in decade for starting work on new homes in 2017 and the outlook for 2018 is positive, an industry body said on Thursday.Prime Minister Theresa May wants construction of new homes to rise to 300,000 a year to tackle a shortage of housing.The National House-Building Council said builders registered plans to start 160,606...Read More
Jan 25 (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, if any ----------------------------------------------------------- THURSDAY, JANUARY 25KUALA LUMPUR - Central Ba...Read More
Jan 25 (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 ----------------------------------------------------------- THURSDAY, JANUARY 25STOCKHOLM - Riksbank is organizing a breakfast meeting for the media, where...Read More
Caroline ValetkevitchNEW YORK (Reuters) - The U.S. dollar extended its recent rout to hit three-year lows and gold rose to its highest level in 1-1/2 years on Wednesday after U.S. Treasury Secretary Steven Mnuchin said he welcomed a weakening in the dollar.Fears of protectionist trade policies by the United States had already pushed the greenback to a three-year low, and Mnuchin’s remark at...Read More
The U.S. dollar traded under dramatic pressure today, losing almost a full percent on the lows of the day. This, of course, moved the precious metals complex to dramatically higher pricing with gold futures trading up roughly $22 on the day to close at the highest value this year.Since the beginning of December 2017, the U.S. dollar has been in a virtual freefall. The dollar was trading at roughly...Read More
The U.S. dollar traded under dramatic pressure today, losing almost a full percent on the lows of the day. This, of course, moved the precious metals complex to dramatically higher pricing with gold futures trading up roughly $22 on the day to close at the highest value this year.Since the beginning of December 2017, the U.S. dollar has been in a virtual freefall. The dollar was trading at roughly...Read More
In a new report, the World Gold Council outlines four key roles gold can play in a portfolio, encouraging investors to be aware of its benefits.Read full newsRead More
* Euro strength seen in focus* Guidance to be kept unchanged* QE expected to end this year* Rate decision at 1245 GMT By Balazs Koranyi and Francesco CanepaFRANKFURT, Jan 25 (Reuters) - The euro zone economy may be roaring ahead but a rapidly strengthening euro may see European Central Bank President Mario Draghi pour cold water on the view the bank is speeding towards an interest rate hike. Drag...Read More
FTSE 100 closes down 88pts at 7,643Sterling rises against US dollar and EuroDollar earners friendless in LondonFTSE 100 suffered at the hands of strong sterling and closed down 1.14%, or 88.4 points, at 7,643.The pound is up 0.61% against the Euro at 1.1455 at the time of writing and up 1.51% against the US dollar at 1.4211.The FTSE 250 closed around 132 points lower, or 0.64% , at 20,538.Th...Read More
(Kitco News) - The U.S. dollar tumbled to fresh 3-year lows after the U.S. Treasury Secretary Steven Mnuchin welcomed a weaker greenback, triggering worries of a wider trade policy shift.“USD [was] thrown under the bus,” said John J Hardy, head of FX Strategy at Saxo Bank. “[And] it is taking fire on all fronts.”The U.S. dollar index plunged around 1% on Wednesday, last see...Read More
(Kitco News) - The U.S. dollar tumbled to fresh 3-year lows after the U.S. Treasury Secretary Steven Mnuchin welcomed a weaker greenback, triggering worries of a wider trade policy shift.“USD [was] thrown under the bus,” said John J Hardy, head of FX Strategy at Saxo Bank. “[And] it is taking fire on all fronts.”The U.S. dollar index plunged around 1% on Wednesday, last see...Read More
* Q4 CPI rises 0.1 percent qtr/qtr, 1.6 percent yr/yr* Food, household items drag on the index* Data should reinforce RBNZ's determination to keep rates on hold (Adds details, economist quote; updates market reaction)By Charlotte GreenfieldWELLINGTON, Jan 25 (Reuters) - New Zealand's consumer price index (CPI) rose only 0.1 percent in the fourth quarter, Statistics New Zealand said on Thursday,dra...Read More
KINSHASA, Jan 24 (Reuters) - Democratic Republic of Congo's new proposed mining code, which the industry has warned will stifle investment in the copper and cobalt-rich nation, sailed through the Senate without opposition late on Wednesday.A version passed by the National Assembly - Congo's lower house of parliament - last month would increase taxes and royalties, including potentially more than d...Read More
KINSHASA, Jan 24 (Reuters) - Democratic Republic of Congo's new proposed mining code, which the industry has warned will stifle investment in the copper and cobalt-rich nation, sailed through the Senate without opposition late on Wednesday.A version passed by the National Assembly - Congo's lower house of parliament - last month would increase taxes and royalties, including potentially more than...Read More
WASHINGTON (Reuters) - U.S. President Donald Trump said on Wednesday that his long-awaited plan to help rebuild the nation’s infrastructure will result in about $1.7 trillion in overall investment over the next 10 years, a larger figure than he has previously announced.The plan, which will be detailed in part at next week’s State of the Union address, “will actually probably end...Read More
Richard LeongNEW YORK (Reuters) - A dollar rout intensified on Wednesday after U.S. Treasury Secretary Steven Mnuchin said a lower greenback was “good for us” - though a weaker U.S. currency may not prove a long-term economic boost.It was a highly unusual remark for a Treasury secretary, as it is seen as a break from previous White House administrations’ public stance for a stron...Read More
WASHINGTON, Jan 24 (Reuters) - The dollar hit fresh lows on Wednesday after U.S. Treasury Secretary Steven Mnuchin said he welcomed a weakening of the U.S. currency, which some investors interpreted as a departure from traditional U.S. policy."Obviously a weaker dollar is good for us as it related to trade and opportunities," Mnuchin told the World Economic Forum in Davos a day before a...Read More
* S&P 500 ends down; mood cools after Ross comments on China* U.S. Treasury prices fall after Mnuchin endorses weak dollar* Dollar dented by Mnuchin comments, slips vs major peers (Updates with closing U.S. market levels)By Caroline ValetkevitchNEW YORK, Jan 24 (Reuters) - The U.S. dollar extended its recent rout to hit three-year lowsand gold rose to its highest level in 1-1/2 years on Wednes...Read More