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Investing Securities

  • LONDON, Nov 29- The South African rand fell almost two percent on Tuesday, leading emerging currency losses as the ruling party's efforts to remove President Jacob Zuma failed and the dollar firmed after a two-day slide. Markets will likely focus on South Africa, which dodged relegation to a junk credit rating last week but faces another test from S&P this Friday.

  • TOKYO, Nov 29- The yield on the two-year Japanese government debt dipped on Tuesday after an auction of that maturities drew strong bids although longer maturities underperformed as buying dissipated following a rally in the last two sessions. The auction of 2.3 trillion yen two-year notes drew solid bids, producing the highest yield of minus 0.154 percent.

  • TOKYO, Nov 29- Japan's Nikkei share average dropped on Tuesday morning in sympathy with Wall Street, while a stronger yen hurt sentiment and insurers took a breather from recent gains. "The weak yen trend has paused and Treasury yields are falling, so profit-taking in Japanese stocks is natural," said Nobuhiko Kuramochi, a strategist at Mizuho Securities.

  • Nov 29- For other diaries, please see: Top Economic Events Polling unit diary Today in Washington Political and general news. DATE TIME COUNTRY AMOUNT AUCTION DETAILS. 29- Nov Italy Medium-Long Term auction 29- Nov Belgium Auction of Treasury bills 29- Nov Japan Auction of 2- year Government Bonds 30- Nov Sweden Auction of Government bonds 30- Nov Germany...

  • SEOUL, Nov 29- Samsung Electronics Co Ltd said on Tuesday it is reviewing options for its optimal corporate structure including the possibility of establishing a holding company amid growing calls for improved transparency and governance. Samsung, in a statement, said it is also considering the potential benefits of listing its shares on other overseas...

  • *Italy referendum, ECB and OPEC meeting outcomes awaited. NEW YORK, Nov 28- U.S. "The selloff has been quite dramatic," said Subadra Rajappa, head of U.S. rates strategy at Societe Generale in New York.

  • NEW YORK, Nov 28- The only Cuba- focused stock fund in the United States rallied more than 13 percent Monday, a sign investors expect Fidel Castro's death to continue to open up relations between the United States and the island country despite President-elect Donald Trump's threat to end the normalization process that began under President Obama in 2014..

  • *Italy- German yield gap widest since February 2014. LONDON, Nov 28- Italy, Austria and a host of other euro zone countries saw their cost of raising debt increase on Monday, compared with benchmark borrower Germany, ahead of the first of many political tests due in the coming months. Italy holds a referendum on constitutional change on Sunday, which could unseat the...

  • BUDAPEST, Nov 28- Central European equities mostly eased on Monday as a drop in crude oil prices hit energy shares while worries over Italian banks ahead of the country's looming referendum hurt the financial sector. Prague's main stock index was down 0.4 percent by 1518 GMT, with Erste Bank shares falling by 1.8 percent. Warsaw's blue-chip index fell by 1...

  • *Italy referendum, ECB and OPEC meeting outcomes awaited. NEW YORK, Nov 28- U.S. "The selloff has been quite dramatic," said Subadra Rajappa, head of U.S. rates strategy at Societe Generale in New York.

  • LONDON, Nov 28- The European Union has proposed rules for dealing with failing clearing houses to try to stop the rapidly growing sector from becoming "too big to fail" and holding taxpayers to ransom in a crisis. Clearing houses stand between two sides of a stock, bond or derivatives transaction, ensuring its completion even if one side goes bust.

  • *Without swap, Greece faces Sisyphean task, govt source says. ATHENS/ LONDON, Nov 28- Greece is pushing its creditors to fix the borrowing costs on its massive debt pile at current low levels in a bid to save millions of euros in coupon payments if interest rates rise. The EFSF and ESM borrow money to lend to Greece.

  • LONDON, Nov 28- Gold prices rose more than 1 percent on Monday, recovering from their lowest levels since February as the dollar and long-dated U.S. Spot gold was up 0.7 percent at $1,191.26 an ounce by 1119 GMT, after climbing as high as $1,197.54 earlier in the session. Spot prices marked their lowest since Feb. 8 at $1,171.21 on Friday, under pressure from a 14- year...

  • TUNIS, Nov 28- Tunisia plans to issue a Eurobond worth 1 billion euros in January as it seeks funding to cover its deficit, a government source said on Monday. The issue was initially scheduled for April, but that was delayed after Tunisia secured a $500 million sovereign bond fully guaranteed by the United States, said the official. "Tunisia will issue in January...

  • The rand firmed to 13.8 per dollar, its strongest in nearly three weeks, after South Africa avoided downgrades from Fitch and Moody's on Friday. Fitch rates South Africa one notch above' junk', while Moody's has the sovereign two levels above sub-investment grade. A downgrade could see the rand move back to 14.5 per dollar, but if South Africa avoids this, then the...

  • Prague's main stock index fell by 0.9 percent and Warsaw's blue-chip index dropped by 0.7 percent. The stocks of Czech energy group CEZ dropped 1.9 percent and Poland's top refiner PKN Orlen shed 1.1 percent. Erste Bank shares fell 1.2 percent in Prague.

  • LONDON, Nov 28- The dollar saw its biggest drop in almost a month on Monday as a bashing for oil prices on doubts about an OPEC output cut this week left investors reversing "Trumpflation" trades that have gripped markets since the U.S. election. Crude prices and Europe's main stock markets were down over 1 percent in early European trading as Italian shares also...

  • MILAN, Nov 28 (Reuters)- European shares fell on Monday, weighed down by a drop in crude oil prices, while Italian banks hit their lowest point since end-September on continued worries over a cash call at troubled lender Monte dei Paschi. Banks, which had benefited from a rally in U.S. treasury yields following Donald Trump's victory in the race for the White House,...

  • HONG KONG/ KUALA LUMPUR, Nov 28- Malaysia's attempts to force currency traders overseas to stop selling down the ringgit, as investors flee the country's bond market, has had little discernible impact so far, traders and analysts say. Bank Negara sent the letters to about 58 firms in Malaysia that have connections to offshore ringgit trading.

  • HONG KONG/ KUALA LUMPUR, Nov 28- Malaysia's attempts to force currency traders overseas to stop selling down the ringgit, as investors flee the country's bond market, has had little discernible impact so far, traders and analysts say. Bank Negara sent the letters to about 58 firms in Malaysia that have connections to offshore ringgit trading.