Politics Steven Mnuchin

  • *Mixed signals on U.S.- China trade progress jangle nerves. NEW YORK, March 20- U.S. crude prices rose to a four-month high after U.S. government data showed tightening oil and product supplies, but gains were capped by concerns over global economic growth amid the ongoing U.S.- China trade dispute. West Texas Intermediate crude futures contract, which expires...

  • LONDON, March 20- Zinc and nickel prices rose on Wednesday as inventories in London Metal Exchange warehouses hit fresh lows, but other industrial metals dipped on uncertainty over global demand. Low inventories of many metals in LME-registered warehouses are helping to bolster prices despite weak economic data from top metals consumer China, said Ross...

  • *Nerves over U.S.- China talks spark selling in Asia and Europe. LONDON, March 20- World shares' longest rally of the year looked set to stumble on Wednesday as investors took profits before a U.S. European stock markets followed a lacklustre Asian session, putting the MSCI gauge of global stocks on course to end seven days of gains, as reports of renewed tension in...

  • PARIS/ SINGAPORE, March 20- Chicago grain and soybean futures were flat to slightly lower on Wednesday as traders assessed the risks to U.S. spring planting from flooding and awaited more clues about trade talks between Washington and Beijing. "There is plenty of soybean supply around the world and we have yet to see China resume buying," said one Singapore- based...

  • LONDON, March 20- Zinc and nickel prices gained on Wednesday as inventories in London Metal Exchange warehouses hit fresh lows, but other industrial metals dipped on uncertainty about global demand. Low inventories of many metals in LME-registered warehouses are helping to bolster prices despite weak economic data from top metals consumer China, said Ross...

  • *Mixed signals on U.S.- China trade progress jangle nerves. LONDON, March 20- Oil prices fell on Wednesday, dragged down by concerns about global economic growth as the U.S.- China trade dispute rumbled on, but receiving some support from tightened supply. An eight-month trade war between China and the United States has worried global markets already concerned...

  • Dollars cash

    The U.S. dollar was little changed against a basket of major currencies on Wednesday, as traders were cautious ahead of a Federal Reserve monetary policy decision which is expected to offer clues on the direction of U.S. interest rates.

  • Palladium rose to an all-time high on Tuesday as the supply outlook tightened further, while gold dipped ahead of an interest rate decision in the United States.

  • *Conflicting reports on resumption of U.S.- China trade talks. HONG KONG, March 20- Chinese stocks were little changed on Wednesday ahead of the Federal Reserve's interest rate decision later in the day and on uncertainty surrounding Sino-U.S. trade negotiations. **The smaller Shenzhen index fell 0.2 percent and the start-up board ChiNext Composite index...

  • SINGAPORE, March 20- Most industrial metals on the London Metal Exchange eased on Wednesday, as investors were cautious ahead of the result of the U.S. *Three-month copper on the London Metal Exchange dipped 0.1 percent to $6,450 a tonne by 0707 GMT, while the most-traded copper contract on the Shanghai Futures Exchange eased 0.1 percent to 49,190 yuan a tonne.

  • *Market awaits news on U.S.- China trade negotiations. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin plan to travel to China next week for another round of trade talks with Chinese Vice Premier Liu He, a Trump administration official said on Tuesday. "There is plenty of soybean supply around the world and we have yet to see China...

  • A pedestrian walks past the Federal Reserve building on Constitution Avenue in Washington, March 19, 2019.

    European stocks were lower on Wednesday, as investors awaited a policy decision by the U.S. Federal Reserve and the U.K. officially requested a delay to its departure from the EU.

  • *U.S.- China trade talks to resume next week. HONG KONG, March 20- Shares in mainland China and Hong Kong fell on Wednesday after a report suggested possible hurdles in Sino-U.S. trade talks, and as investors exercised caution ahead of a policy decision by the U.S. **The smaller Shenzhen index was down 1.7 percent and the start-up board ChiNext Composite index was...

  • SHANGHAI, March 20- China's yuan eased against the U.S. dollar on Wednesday as market sentiment soured on reports of renewed tensions in Sino-U.S. trade negotiations. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin plan to travel to China next week for another round of trade talks with Chinese Vice Premier Liu He.

  • *Ex-Japan Asia down 0.4 pct; Japan flat, China up. MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.4 percent, led by losses in Australia and South Korea. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin plan to travel to China next week for another round of trade talks with Chinese Vice Premier Liu He, a Trump...

  • TOKYO, March 20- The dollar rose against most of its peers on Wednesday as reports of renewed tension in U.S.- China trade negotiations supported safe-haven bids, although the Federal Reserve's policy meeting later due in the day limited the greenback's gains. The Australian dollar slipped a quarter of a percent to $0.7070 on a decline in 10- year bond yields...

  • SINGAPORE, March 20- Most industrial metals on the London Metal Exchange fell on Wednesday, shrugging off some gains in the previous sessions as investors turned cautious ahead of the result of the U.S. *Three-month copper on the London Metal Exchange fell 0.2 percent to $6,446.5 a tonne by 0127 GMT, while the most-traded copper contract on the Shanghai Futures...

  • SYDNEY, March 20- U.S. soybeans futures edged lower for the third consecutive session on Wednesday, as concerns over the progress of trade talks between Washington and Beijing stoked fears over global oilseed trade. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin plan to travel to China next week for another round of trade talks...

  • TOKYO, March 20- Asian shares got off to a cautious start on Wednesday, holding close to six-month highs on hopes the U.S. MSCI's broadest index of Asia-Pacific shares outside Japan ticked down 0.1 percent from a six-month high touched the previous day. Since the beginning of year, Fed Chairman Jerome Powell has said the central bank would be patient- interpreted...

  • *Trader awaits updates on U.S.- China trade talks. Soybean futures declined as traders awaited news from ongoing U.S. trade negotiations with China, the world's top soybean importer. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin plan to travel to China next week for another round of trade talks with Chinese Vice Premier Liu He.