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Top News & Analysis Chicago

  • NEW YORK, Jan 31- U.S. The remarks came after Trump's new National Trade Council head Peter Navarro suggested that Germany was benefiting from a "grossly undervalued" exchange rate. "It's a significant change in policy in the dollar... it's destabilizing," said Lou Brien, a market strategist at DRW Trading in Chicago.

  • NEW YORK, Jan 31- U.S. The remarks came after Trumps new National Trade Council head Peter Navarro suggested that Germany was benefiting from a "grossly undervalued" exchange rate. Its a significant change in policy in the dollar... it's destabilizing, said Lou Brien, a market strategist at DRW Trading in Chicago.

  • CHICAGO, Jan 31- U.S. food producers and shippers are trying to speed up exports to Mexico and line up alternative markets as concerns rise that this lucrative business could be at risk if clashes over trade and immigration between the Trump administration and Mexico City escalate. Some U.S. producers of corn, soybean meal and distillers dried grains, an ethanol...

  • NEW YORK, Jan 31- U.S. The remarks came after Trump's new National Trade Council head Peter Navarro suggested that Germany was benefiting from a "grossly undervalued" exchange rate. "It's a significant change in policy in the dollar," said Lou Brien, a market strategist at DRW Trading in Chicago.

  • Jan 31- Caterpillar Inc said on Tuesday it would move its global headquarters to the Chicago area from Peoria, Illinois later this year to move closer to a global transportation hub and make it easier to recruit executives. About 300 workers, including some positions moved from Peoria, will be based at the new location once it becomes fully operational,...

  • NEW YORK, Jan 31- The U.S. dollar tumbled against key rivals on Tuesday and was on course for its worst month since March after U.S. The comments intensified expectations that the new U.S. administration was making moves to talk down the greenback just hours after Trump's top trade adviser, Peter Navarro, told the Financial Times that Germany is using a "grossly...

  • Jan 31- Caterpillar Inc said on Tuesday it would move its global headquarters to the Chicago area from Peoria, Illinois later this year to move closer to a global transportation hub and make it easier to recruit executives. A limited number of senior executives and some relocated from Peoria will be based at the new headquarters, and about 300 will be based there...

  • SINGAPORE/ PARIS, Jan 31- A fall in the dollar helped Chicago soybean futures edge higher on Tuesday after they touched their weakest level in more than two weeks in the previous session as an improving crop outlook in Brazil and Argentina weighed on the market. The Chicago Board of Trade's most-active soybean contract was up 0.15 percent to $10.24-1/ 4 a bushel by...

  • SYDNEY, Jan 31- U.S. soybeans edged lower on Tuesday, hovering around a 2-1/ 2 week low, although the oilseed was still set to post a monthly gain of nearly 2 percent despite expectations for bumper global output. *U.S. Commodity Futures Trading Commission data showed non-commercial traders raised their net long position in CBOT soybeans in the week to Jan. 24 to...

  • STOCKHOLM- Riksbank First Deputy Governor Kerstin af Jochnick to talk about Basel III, the new global regulatory framework for banks, and what it means for Sweden- 0700 GMT. FRANKFURT- ECB President Mario Draghi, Executive Board Member Yves Mersch and European Commission Vice-President Valdis Dombrovskis to attend the ECB and European Commission joint...

  • SAN FRANCISCO, Jan 30- President Donald Trump's executive order last week to cut federal funding to self-proclaimed sanctuary cities would likely not result in an impact to cities' bond ratings, Fitch Ratings reported on Monday. Instead, a push to convert Medicaid to a block grant would likely result in a more significant effect on state and local government...

  • NEW YORK, Jan 30- Commodities brokerage OTC Global Holdings said on Monday it had opened a new office in Singapore as it seeks to expand its market share in the Asian market, a growing part of the global commodity trade. OTCGH, the world's largest independent institutional broker of commodities, covers financial and physical instruments from its offices in...

  • Singapore rebel teen Amos Yee speaks to reporters outside the State Courts after he was jailed for six weeks for insulting Muslims and Christians, in Singapore on September 29, 2016.

    A Singapore teenager seeking to stay in the U.S. made his first appearance Monday in a Chicago immigration court.

  • Global benchmark Brent crude oil prices settled down 29 cents at $55.23 a barrel, while U.S. crude futures settled down 54 cents at $52.63. First indications of compliance to that deal show members have cut production by 900,000 barrels per day in January, according to Petro-Logistics, which tracks OPEC supply. Reuters' most recent survey indicated that OPEC...

  • SAN FRANCISCO, Jan 30- President Donald Trump's executive order last week to cut federal funding to self-proclaimed sanctuary cities would likely not result in an impact to cities' bond ratings, Fitch Ratings reported on Monday. Instead, a push to convert Medicaid to a block grant would likely result in a more significant effect on state and local government...

  • *Improving weather bolsters Brazil, Argentina crop prospects. *Wheat, corn pressured by worries about U.S., Mexico trade. As of 11:57 a.m. CST, Chicago Board of Trade March soybean futures were down 26-1/ 2 cents at $10.22-3/ 4 per bushel after dipping to $10.19-1/ 4, the contract's lowest since Jan. 12 CBOT March corn was down 4-1/ 4 cents t $3.58-1/ 4 a bushel and March...

  • *Wheat, corn fall over worries about U.S., Mexico trade. Soybeans dropped to their lowest in about two weeks, while corn also fell on concerns that political tension between the United States and Mexico could reduce Mexico's large U.S. corn imports. "Wheat and corn are also being undermined by weakness in soybeans where there is no real fear today about weather...

  • *Ban affects Syria, Iran, Iraq, Libya, Somalia, Sudan, Yemen. WASHINGTON/ NEW YORK, Jan 29- President Donald Trump's order to restrict people from seven Muslim-majority countries from entering the United States sparked confusion and anger on Saturday after immigrants and refugees were kept off flights and left stranded in airports. In his most sweeping decision...

  • *Ban affects Syria, Iran, Iraq, Libya, Somalia, Sudan, Yemen. WASHINGTON/ NEW YORK, Jan 29- President Donald Trump's order to restrict people from seven Muslim-majority countries from entering the United States sparked confusion and anger on Saturday after immigrants and refugees were kept off flights and left stranded in airports. In his most sweeping decision...

  • *Ban affects Syria, Iran, Iraq, Libya, Somalia, Sudan, Yemen. WASHINGTON/ NEW YORK, Jan 29- President Donald Trump's order to restrict people from seven Muslim-majority countries from entering the United States sparked confusion and anger on Saturday after immigrants and refugees were kept off flights and left stranded in airports. In his most sweeping decision...