The main U.S. stock market indexes gained between 0.9% and 1.3% on Wednesday, retracing their Tuesday's move down, as investors' sentiment improved following better-than-expected Industrial Production data release, among others. The S&P 500 index trades just 0.2% below its Tuesday's record high of 2,807.54. The Dow Jones Industrial Average reached new record high of 26,130.45 yesterday, and th...Read More

BRASILIA, Jan 18 (Reuters) - Brazil has issued $1.5 billion worth of a 2047 dollar bond at a spread of 271 bps over U.S. Treasuries, in a reopening that is its first sovereign debt transaction of the year, the National Treasury said on Thursday.The Treasury hired Citigroup Inc , HSBC Holdings Plc and Morgan Stanley to underwrite the reopening of its Global 2047 bond. (Reporting by Anthony Boadle;...Read More

For the first time since October 2006, Morgan Stanley is 'bigger' than Goldman Sachs...Read full newsRead More

BRASILIA, Jan 18 (Reuters) - Brazil's top economic policymaking body on Thursday made adjustments to the methodology for calculating rates on savings accounts, without altering their returns.Interest earned on savings accounts will now be based on yields on government debt, instead of bank deposit certificates, which have fallen out of favor in financial markets. The new calculation will effective...Read More

* Listing planned for H1, possible as early as Q1 -sources* Valuation would represent 30 percent discount* CIBC has said final decision not yet made* CIBC working with Barclays/UBS on listing -sources (New throughout, adds background on U.S. bank valuations)By Matt Scuffham and John TilakTORONTO, Jan 18 (Reuters) - Canadian Imperial Bank of Commerce is targeting a valuation of 10 times earnings fo...Read More

* Turmoil to keep US govt open stokes anti-dollar mood* Euro holds below 3-year peak versus greenback* Evidence of reserve diversification drags on dollar* Bitcoin stabilizes after brutal two-day selloff (Updates market action, adds quotes)By Richard LeongNEW YORK, Jan 18 (Reuters) - The U.S. dollar fell on Thursday as traders piled into the euro, yen, sterling and other major currencies, prompted...Read More

Cameron Parry, chief executive of Lionsgold Limited (LON:LION), speaks to Proactive's Andrew Scott about their binding heads of agreement with global banking platform provider Railsbank for Goldbloc.As part of the deal Lionsgold will invest ?1.25mln in Railsbank from existing cash for a 12.5% stake.Parry says the move secures Goldbloc's future as a digital gold currency.  Meet Netscientific...Read More

(Adds Lagarde comments on German TV)FRANKFURT, Jan 18 (Reuters) - The build-up of large current account surpluses in countries such as Germany is partly responsible for the rise of protectionism elsewhere, the head of the International Monetary Fund said on Thursday.Germany has come in for criticism from U.S. President Donald Trump's administration for its large trade surplus with the United Stat...Read More

Railroad stock Kansas City Southern (NYSE:KSU) has been a steady climber over the past two years, with the shares recently enjoying support from their 20-week moving average. KSU was last seen trading at $111.57, not far from its nearly three-year high of $114.85 from early December. Options activity has picked up in recent weeks, too, ahead of the company's early morning earnings tomorrow, as to...Read More

By Heather SomervilleSAN FRANCISCO, Jan 18 (Reuters) - A group of investors led by SoftBank Group Corp closed a deal with Uber Technologies Inc on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridden Uber.The SoftBank-led deal includes a large purchase of shares from existing Uber investors and employees at a discounted...Read More

* Spot gold could fall to $1,250 by mid year -Julius Baer* Falling digital currencies could support gold -analysts* Spot gold vs bitcoin: * 10-year U.S. Treasury yields at highest since March (New throughout, updates prices, market activity and comments, adds second byline and NEW YORK dateline)By Renita D. YoungNEW YORK/LONDON, Jan 18 (Reuters) - Gold was flat in a narrow range on Thursday, first...Read More

Gold prices finished lower on Thursday, suffering from their largest one-day decline in more than a month. Traders grew wary after the precious metal's rise to multi-month highs despite an overall rise in Treasury yields and a climb in key U.S. benchmark stock indexes to record levels. "Rising bond yields and record-high equities don't usually go with surging gold prices," said Adrian Ash, directo...Read More

Yields on U.S. Treasuries have leaped recently. It will wreck the yellow metal. Or maybe not. Yields Reach New Heights. Breakthrough for Gold? Last week, we wrote that concerns emerged that China could stop or slow buying the U.S. Treasuries. The U.S. bond yields reacted strongly. We noted that in theory it should sink gold, but the usual “correlation between bullion and Treasury yields brok...Read More

BERLIN, Jan 18 (Reuters) - The current level of Germany's trade surplus is not justified, IMF chief Christine Lagarde told German broadcaster ARD on Thursday, urging Berlin to increase its investments.Lagarde also told ARD that the IMF supported the pursuit of loose monetary policies by the European Central Bank and all central banks as long as inflationary targets had not been met, adding, "...Read More

Subscribers to Schaeffer's Option Advisor service recently doubled their money on our Century Aluminum Co (NASDAQ:CENX) March 16, 2018 16-strike call recommendation. Here's a closer look at why we became bullish on CENX stock, and how the winning options trade unfolded.When we recommended the call option in late December, shares of the aluminum services name had recently pulled back to their 320-d...Read More

By Matt Scuffham and John TilakTORONTO, Jan 18 (Reuters) - Canadian Imperial Bank of Commerce is targeting a valuation of 10 times earnings for the potential listing of its FirstCaribbean business in New York, which would give it a market value of around $1.4 billion, five sources familiar with the matter told Reuters over the past week.That would represent a 30 percent discount to FirstCaribbean'...Read More

* Morocco started more flexible currency system this week* Kingdom will implement FX reform in gradual way* Morocco hopes dirham move will boost growth* Inflation could also rise-central bank (Adds details, background)By Ulf Laessing and Zakia AbdennebiRABAT, Jan 18 (Reuters) - The flexible exchange rate system introduced this week in Morocco could raise annual inflation by 0.4 percent "in an...Read More

Jan 18 (Reuters) - Music streaming company Spotify launched a feature that will allow listeners to see stories, news and other content through photos, videos and text, the company said on Thursday, expanding beyond music ahead of taking itself public.The feature, called 'Spotlight', will have content from BuzzFeed News, Cheddar and Crooked Media, among others, Spotify said in a blog post on Thursd...Read More

Jan 19 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 6,014.60 -1.20 NZX 50**8,272.67 -25.0DJIA26,017.26-98.39NIKKEI**23,763.37-104.97Nasdaq7,303.1244.85FTSE**7,700.96 -24.47S&P 500 2,798.94 -3.62 Hang Seng** 32,121.94138.53SPI 200 Fut 5,969.017.0STI** 3,521.31 -20.60SSEC**3,475.91 31.24 KOSPI** 2,515.81 0.38-------------------------------------------------------------...Read More

* Treasury yields hit highest in 10 months* Wall Street dips as Boeing stalls* Dollar remains soft (Updates with European market close)By Chuck MikolajczakNEW YORK, Jan 18 (Reuters) - A gauge of world stock markets dipped on Thursday, pausing after notching a string of record highs, as a decline in Boeing and healthcare names weighed on U.S. equities.Shares on Wall Street took a breather after the...Read More