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  • *U.S. export sales, China return boost soybean market. *Wheat traders eye Egypt tender result after ergot row. PARIS/ SINGAPORE, Feb 12- Chicago soybeans extended gains to one-week highs on Friday, as higher than expected U.S. export sales and the prospect of post-holiday demand in China boosted demand prospects.

  • LONDON, Feb 12- The yen was firm on Friday, on track for its biggest weekly rise against the dollar since late 2008, as deepening worries about global growth and whether policymakers have enough ammunition to respond to it underpinned flows into safe-haven currencies. Japanese officials stepped up their attempts to talk the yen down, with Finance Minister Taro...

  • Consumers in China and India tend to typically buy gold in jewellery form, swooping in to hunt bargains or if they are confident of a sustained rally. A lack of interest from China and India- which together account for about 45 percent of world gold demand- could put a dent on the metal's biggest rally in years, though panic buying of gold coins and bars led by Western...

  • *Could go to $1,300 if stocks don't stop falling- Standard Bank. SINGAPORE, Feb 12- Gold on Friday clung to sharp overnight gains that pushed the metal to a one-year high, and looked set to post its best week in over four years as stock market turmoil stoked safe-haven demand. Spot gold rose to as high as $1,260.60 an ounce on Thursday, its highest since February last...

  • TOKYO— European stocks rose Friday, shrugging off a bad day in Asia, as the sell-off in banking shares abated and oil prices rebounded from a 12- year low. Germany's DAX was up 1.4 percent at 8,873.93 and Britain's FTSE 100 rose 1.7 percent to 5,631.27. Shares in Germany's Commerzbank AG jumped 17 percent after it announced its first dividend since 2007 and upbeat...

  • TOKYO, Feb 12- Japanese government bond prices slipped on Friday as profit taking emerged after a volatile week that saw debt yields sink to record lows. Bond yields had declined steadily after the BOJ adopted negative rates on Jan. 29. Mediocre demand at Friday's liquidity-enhancing auction, under which the Ministry of Finance sells existing JGB issues to the...

  • *Rapid drop vs yen leads to speculation of Japan intervention. TOKYO, Feb 12- The dollar nursed losses on Friday that have put it on course for steep weekly drops against major currencies, with many investors favouring the perceived safe-haven appeal of the yen amid sinking global markets. Japanese Finance Minister Taro Aso adopted stronger rhetoric, saying...

  • SINGAPORE, Feb 12- Chicago soybeans climbed to a one-week high on Friday, rising for a second session on support from strong demand for U.S. exports as the market eyes the return of Chinese buyers to make further purchases. Chicago Board Of Trade most-active soybeans are up 0.9 percent this week, partially recouping last week's 1.7 percent loss.

  • TOKYO— Japan's main stock index dived more than 5 percent Friday, leading other Asian markets lower, after a sell-off in banking shares roiled investors in Europe and the U.S. Shares in New Zealand, Taiwan and Thailand fell while Singapore and Indonesia rose. Markets in China and Taiwan are closed until Monday for Lunar New Year holidays.

  • *Rising yen, falling stocks undermines Japan's economy. TOKYO, Feb 12- Japanese Finance Minister Taro Aso said on Friday the government would take necessary steps to deal with currency volatility, the minister's strongest hint of intervention since the yen began its surge this month. The dollar fell below 111 yen on Thursday to hit its lowest level since October...

  • *Rapid drop vs yen leads to speculation of Japan intervention. TOKYO, Feb 12- The dollar fell on Friday headed for steep weekly losses, as investors braced for another day of cratering sentiment and waited to see whether Japan would act to stem its currency's slid. "The BOJ's negative interest rate policy has less effect on encouraging more liquidity by banks but...

  • TOKYO, Feb 12- Japanese Finance Minister Taro Aso said on Friday he hopes the Group of 20 finance leaders gathering in Shanghai later this month will consider a global policy response in the wake of the recent market turmoil. "I want to consider if there are ways that the G20 countries can cooperate in response to recent market turmoil," Aso told reporters at a...

  • TOKYO, Feb 12- A Japanese government official said on Friday that recent exchange-rate moves have been "rough," but declined to comment on whether Tokyo would directly intervene in the market to arrest sharp yen rises against the dollar. "Recent exchange-rate moves have been rough. The dollar fell below 110 yen on Thursday to hit its lowest level since October 2014,...

  • Global markets have entered something resembling a tailspin, with the impetus most likely being the introduction of negative rates in Japan and further moves below zero in Europe. Fed Chair Janet Yellen told Congress on Thursday that regarding negative rates, "I wouldn't take those off the table," though she also allowed that the legal position was unclear.

  • WASHINGTON— The Federal Reserve of New York releases its February survey of manufacturers, 8:30 a.m.. WASHINGTON— Labor Department releases the Producer Price Index for January, 8:30 a.m.; Commerce Department releases housing starts for January, 8:30 a.m.; Federal Reserve releases industrial production for January, 9:15 a.m.; Federal Reserve releases...

  • FOREX-Yen surge prompts speculation BoJ may intervene Thursday, 11 Feb 2016 | 8:58 AM ET

    *Gives back some gains on speculation Japan will intervene. *Japan& China both shut for public holidays. LONDON, Feb 11- The yen racked up its strongest weekly gains since the 2008 financial crisis on Thursday before recoiling sharply on speculation officials may soon step in to stem a flood of capital seeking the traditional safety of Japan.

  • Hong Kong shares lead Asia equity markets lower. "In some ways it is reminiscent of 2008 with tightening credit markets, bank shares under pressure and worries central banks are powerless," said Shane Oliver, head of investment strategy at AMP Capital, though he suspects markets are overly pessimistic this time. The flight from risk told on most Asian shares, with...

  • *Hong Kong shares lead Asia equity markets lower. "In some ways it is reminiscent of 2008 with tightening credit markets, bank shares under pressure and worries central banks are powerless," said Shane Oliver, head of investment strategy at AMP Capital, though he suspects markets are being overly pessimistic this time. The flight from risk told on Asian shares, with...

  • *Japan on holiday, South Korea stocks resume with sharp loss. SYDNEY, Feb 11- Asian shares sputtered on Thursday as U.S. Federal Reserve Chair Janet Yellen's tone of guarded optimism led to an indecisive finish for Wall Street and further weakness for the dollar.

  • DIARY-Top Economic Events to Feb 24 Wednesday, 10 Feb 2016 | 7:01 PM ET

    LONDON- Bank of England deputy governors, Jon Cunliffe and Andrew Bailey, to appear at Lords committee on euro zone financial system- 1130 GMT. SYDNEY- Reserve Bank of Australia Governor Glenn Stevens appears before the House of Representatives' Standing Committee on Economics in his twice yearly parliamentary testimony- 2230 GMT. WASHINGTON- Federal Reserve...