Hints and tips:
...The index recorded its longest losing streak in 14 years after ending August in negative territory — its sixth straight month of declines. The Japanese yen was flat against the greenback at ¥110.00....
...In other major currencies, the moves are muted, with the Japanese yen 0.1 per cent softer at ¥110.57 per dollar and the euro off 0.1 per cent to $1.1268 ahead of the European Central Bank’s monetary policy...
...But this may all be overshadowed by the extent to which the world economy continues on a path of a synchronised slowdown and the impact from any worsening in trade relations between the United States and...
...or ‘V’ shaped recovery,” said Jane Foley, senior currency strategist at Rabobank....
...Gold continued to advance as hopes of a slower pace of Fed rate rises increased, with the metal up $14 at $1,121 an ounce, the highest since early November....
...(0.00%) at 10,951 Currencies €/$ 1.09 (1.10) $/¥ 121.08 (121.03) £/$ 1.54 (1.54) €/£ 0.7087 (0.711) Commodities ($) Brent Crude (ICE) down -0.36 at 50.18 Light Crude (Nymex) down -0.19 at 47.71 100 Oz...
...It is not immediately obvious that there will be closer economic ties with the United States, although Trump may well aim for that....
...Janet Yellen could give a telling speech later today on the state of the US economy and the likelihood of interest rate rises this year....
...€/$ 1.11 (1.11) $/¥ 120.79 (121.02) £/$ 1.57 (1.57) €/£ 0.7106 (0.7094) Commodities ($) Brent Crude (ICE) down -0.15 at 66.39 Light Crude (Nymex) down -0.15 at 60.57 100 Oz Gold (Comex) 1,204 Copper (Comex...
...€/$ 1.06 (1.06) $/¥ 121.36 (121.32) £/$ 1.48 (1.48) €/£ 0.7123 (0.7124) Commodities ($) Brent Crude (ICE) up +0.06 at 54.00 Light Crude (Nymex) down -0.22 at 43.66 100 Oz Gold (Comex) up +0.30 at 1,154...
...The Ifo Institute’s lead indicator was 109.7 in June, while expectations were for 110.2 from the previous month’s 110.4, according to a Dow Jones survey of economists (Wall Street Journal)....
...(WSJ) Judge considers dismissing U.S. fraud case against Bank of America: “While not issuing a formal ruling, U.S....
...per cent within three years, in a move set to prompt a spate of divestments in state-backed entities that could raise more than $9bn....
...In June, the Office of the Comptroller of the Currency noted that the average amount of an auto loan was greater than the value of the car during the fourth quarter of 2013, as lenders bundled the costs...
...€/$ 1.36 (1.36) $/¥ 101.89 (101.93) Commodities Brent Crude (ICE) up +0.26 at 110.28 Light Crude (Nymex) up +0.22 at 104.33 100 Oz Gold (Comex) unchanged 0.00 at 1,265...
...(Financial Times) “FedEx was indicted on Thursday for shipping packages from illegal online pharmacies despite repeated warnings from U.S. drug enforcement officials, according to a court filing....
...(Financial Times) “U.S. prosecutors are seeking more than $13 billion from Bank of America to resolve federal and state investigations of the lender’s sale of bonds backed by home loans in the run-up to...
...the U.S....
...will test investor hopes for a pick-up in the U.S. and global economies… Bulls are hoping to see evidence of an economic rebound in the United States in this week’s busy calendar of data that includes the...
...A reading of New York state manufacturing conditions also disappointed....
...(Financial Times) “Bank of America said it does not owe the U.S. government the $2.1 billion it is seeking in penalties after a jury found the bank liable for fraud over defective mortgages sold by its...
...(Financial Times) Australia’s central bank signaled the end of a two-year easing cycle and foreshadowed stronger economic growth, sending the nation’s currency higher....
...The figures should cast light on the state of the economy before and during the fiscal crisis that gripped Washington for 16 days, threatening the recovery’s momentum....
...(Financial Times longread) U.S. inflation is a window into a global growth risk (WSJ, Hilsenrath) Emerging markets can learn from America’s bank stress tests (Financial Times, Tett) France is looking...
...(Financial Times) “Business bankruptcy filings in the United States dropped 24 percent in 2013 to their lowest level since at least 2006, according to a report on Monday....
International Edition