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  • TOKYO, Feb 8- Crude oil futures inched up on Monday in thin trade as many Asian markets were on holiday for Lunar New Year, with few trading cues expected until Federal Reserve Chair Janet Yellen gives testimony to lawmakers later in the week. Global benchmark Brent futures were up 9 cents at $34.157 at 0403 GMT. U.S. crude futures were also up 9 cents at $30.98, after...

  • *Lunar New Year closes most markets, with China off all week. *Wall Street skids, led by technology sector. TOKYO, Feb 8- Asian shares got off to a rocky start on Monday after mixed U.S. jobs data helped sink shares on Wall Street, but trade was thin with many regional markets closed for the Lunar New Year holiday.

  • GLOBAL MARKETS-Asia slumps in holiday-thinned trade Sunday, 7 Feb 2016 | 7:21 PM ET

    *Lunar New Year closes most markets, with China off all week. TOKYO, Feb 8- Asian shares got off to a rocky start on Monday after mixed U.S. jobs data helped sink shares on Wall Street, but trade was thin with many regional markets closed for the Lunar New Year holiday. With Singapore, Hong Kong and mainland China all closed for the new year holiday, "volumes will be well...

  • LONDON, Feb 5- Copper dropped on Friday after U.S. jobs data left open the potential for a U.S. rate hike later this year, boosting the dollar ahead of the Lunar New Year holiday in China. There's a bit of profit taking, closing out these long positions ahead of the weekend and the Chinese new year, "said analyst Kash Kamal at broker Sucden Financial.

  • SAO PAULO/ NEW YORK, Feb 5- Gávea Investimentos Ltda, the hedge fund run by former Brazilian central bank president Arminio Fraga, is doubling down on contrarian bets on Mexico's currency and against Brazil's, a sign that disparities between Latin America's two biggest economies will grow faster. Gávea also kept bets against the currencies of Thailand, South...

  • January non-farm payrolls at 1330 GMT. LONDON, Feb 5- Copper slipped on Friday as investors squared positions ahead of the Lunar New Year holiday in China, and as they awaited key U.S. jobs data later in the day. The U.S. non-farm payrolls report due at 1330 GMT will be keenly eyed for its impact on the currency.

  • *On track for worst week since May 2009. LONDON, Feb 5- The dollar inched up from a 2-1/ 2- month low on Friday but was on track for its heaviest weekly loss since 2009, as investors awaited U.S. employment data for justification of the view that the Federal Reserve will not raise rates in 2016.. Commerzbank currency strategist Thulan Nguyen, in Frankfurt, said a weak...

  • *Canadian pension funds worried market overheating. *Funds concerned valuations overlook illiquidity. TORONTO, Feb 5- Canada's biggest pension funds say they are walking away from more and more global infrastructure deals, citing concerns that intense competition for assets has driven valuations too far.

  • FOREX-Dollar nurses losses as payrolls report looms Thursday, 4 Feb 2016 | 7:09 PM ET

    TOKYO, Feb 5- The dollar steadied in Asian trading on Friday but remained on track for weekly losses, as investors braced for U.S. employment figures later in the session for the latest clues on the outlook for the Federal Reserve's monetary tightening path. "The charts suggest the short dollar/yen trade is still the advantageous trend trade, but with the non-farm...

  • DIARY-Top Economic Events to Feb 17 Thursday, 4 Feb 2016 | 7:00 PM ET

    LONDON- European Central Bank's Supervisory Council member Daniele Nouy to participate in panel discussion at European Banking Authority 5th Anniversary Conference- 1130 GMT. LONDON- Bank of England's Deputy Governor for Prudential Regulation and Chief Executive Officer of the Prudential Regulation Authority Andrew Bailey to participate in panel...

  • *Australia, NZ food producers see strong Lunar New Year demand. SYDNEY/ WELLINGTON, Feb 5- As Asian appetite for delicacies such as lobster and cherries soars for the Lunar New Year, some producers in Australia and New Zealand have been facing problems getting their lucrative cargo to consumers on time. Those setbacks could undermine a drive to dominate Asian...

  • CHICAGO, Feb 4- Wheat futures on the Chicago Board of Trade fell more than 1 percent on Thursday on disappointing U.S. export sales data, traders said. March corn was down 2 cents at $3.69 per bushel and March soybeans were down 2-3/ 4 cents at $8.74 a bushel. "The problem is, no matter what you look at, we've got plenty of everything," said Roy Huckabay with the Linn Group, a...

  • NEW YORK, Feb 4- New York City Mayor Bill de Blasio will back in his annual keynote address on Wednesday a $2.5 billion plan to create a light rail service linking the growing outer boroughs of the city that are poorly served by existing public transport networks. The 16- mile track would run from Astoria in Queens, tracing a line along the East River and New York's...

  • *Property tax rises also cool demand for central London property. From Russian oligarchs and Middle Eastern oil barons to newly-minted Chinese entrepreneurs, foreign buyers have driven a spending spree on London property over the past two decades, snapping up everything from opulent homes to iconic commercial property. The scale of this wealth destruction...

  • PARIS/ SYDNEY, Feb 4- U.S. corn and soybeans edged higher on Thursday with support from a falling dollar, but favourable weather for South American crops helped keep prices shy of six-week highs hit this week. Trading was also subdued as investors awaited direction from weekly U.S. export sales and estimates of grain stocks in Canada, another leading grain...

  • *Coming Up: U.S. Factory orders Dec at 1500 GMT. Metals were buoyant as investors scrambled to close out bearish positions before the Lunar New Year holiday in China. Three-month benchmark zinc on the London Metal Exchange surged to a peak of $1,725.50 a tonne, the highest since Oct. 29, before paring gains to $1,707 by 1140 GMT, a rise of 0.7 percent.

  • *Europe shares follow Asia higher, focus on commodity firms. LONDON, Feb 4- Stocks advanced in Europe and Asia on Thursday, with the focus on energy companies as speculation U.S. interest rates may not rise at all this year left the dollar nursing hefty losses and oil held most of the previous day's big gains. Brent, the global benchmark, dipped 5 cents to $34.99 a barrel,...

  • *Coming Up: U.S. Factory orders Dec at 1500 GMT. MELBOURNE, Feb 4- London copper rose for second day to the most in a month as a falling U.S. dollar spurred interest in commodities, including oil, that prompted investors shorting the market to close their positions ahead of the Lunar New Year holiday. China's copper imports surged by 18 percent in December and reached...

  • WELLINGTON, Feb 4- The Trans-Pacific Partnership, one of the world's biggest multinational trade deals, was signed by 12 member nations on Thursday in New Zealand, but the massive trade pact will still require years of tough negotiations before it becomes a reality. The 12 nations include Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru,...

  • WELLINGTON, New Zealand— Trade ministers from 12 Pacific Rim countries including the United States gathered Thursday in New Zealand for the ceremonial signing of a free-trade deal they say will significantly boost trade. Many people in New Zealand remain opposed to the deal, and hundreds protested outside the Auckland venue where it was being signed,...