*Trump legislative failures, valuations worry Wall Street. Concerns over President Donald Trump's ability to push through the pro-growth measures financial investors had expected at the start of this year were at the heart of a second daily 1 percent loss for Wall Street on Thursday. "With President Trumps support from both within and outside of the White...
AMSTERDAM, Aug 18- Oil prices edged higher on Friday, with investors offered some encouragement from data hinting that oversupply was easing steadily and a weaker dollar. At 0935 GMT, benchmark Brent crude futures were up 7 cents at $51.10 a barrel on the day but still about 2 percent lower on the week. "Falling U.S. commercial stocks are supportive and I also believe...
*FTSE 100 down 1 pct, mid caps fall 0.8 pct. FTSE 100 set for slight weekly gain. LONDON, Aug 18- Britain's top share index came under pressure from falls among financials and airline stocks, caught up in a broader risk-off move following the attack in Spain.
LONDON, Aug 17- European shares broke their three-day winning streak on Thursday as banks fell following a set of cautious minutes from the U.S. Britain's FTSE 100 fell 0.6 percent, and Germany's DAX dropped 0.5 percent. Societe Generale, Credit Agricole and BNP Paribas were the top drags on France's CAC, down 1.6 to 2.3 percent.
*Deadly attack in Barcelona weighs on travel sector. LONDON, Aug 18- European travel stocks fell sharply in early trading on Friday after a deadly attack in tourist hotspot Barcelona, with investors also increasingly concerned the Trump administration was fraying at the seams. As a global sell-off spread, the pan-European STOXX 600 was down 0.9 percent by 0725...
LONDON, Aug 18- Britain's pound fell against the euro on Friday and was poised for a third consecutive week of losses as a global selloff in risky assets prompted investors to cut bets after a week of tepid U.K. data. With growing market expectations that the Bank of England is unlikely to raise interest rates over the coming months due to Brexit-related risks and...
Traders said zinc was lifted by expectations of robust demand for steel in China. *LONDON ZINC: Three-month London Metal Exchange Zinc was fetching $3,110 a tonne at 0700 GMT, up 1.6 percent. *SHANGHAI ZINC: The most traded zinc contract on the Shanghai Futures Exchange closed 2 percent higher at 26,150 yuan a tonne.
Traders said zinc was lifted by expectations of robust demand for steel in China. *LONDON ZINC: Three-month London Metal Exchange Zinc was fetching $3,110 a tonne at 0700 GMT, up 1.6 percent. *SHANGHAI ZINC: The most traded zinc contract on the Shanghai Futures Exchange closed 2 percent higher at 26,150 yuan a tonne.
*Trump legislative failures, valuations worry Wall Street. Concerns over President Donald Trump's ability to push through the pro-growth measures financial investors had expected at the start of this year were at the heart of a second daily 1 percent loss for Wall Street on Thursday. "With President Trumps support from both within and outside of the White...
*Barcelona van attack kills 13, wounds scores. *White House denies rumour Gary Cohn quitting. LONDON, Aug 18- Demand for highly-rated euro zone bonds increased on Friday as investors focused on a deadly attack by a suspected Islamist militant in Barcelona and the difficulties U.S.
*Wall St groups, Nomura of Japan among those choosing Frankfurt. Frankfurt, along with Dublin, is emerging on top in the battle to draw highly-paid banking jobs- and the tax revenue that they bring- away from London before Britain's departure from the European Union in March 2019. Instead she relied on Volker Bouffier, prime minister of the state of Hesse where...
HONG KONG— World stock markets fell Friday as investors reacted to U.S. political upsets and the terror attack in Spain. Germany's DAX shed 0.9 percent to 12,097.44 and Britain's FTSE 100 fell 0.8 percent to 7,332.03. Police in Spain's Catalonia region said they killed five suspects after a van swerved into pedestrians in downtown Barcelona, killing 13 and...
SHANGHAI, Aug 18- China stocks fell on Friday morning, as basic materials producers- which recently enjoyed major gains- are now getting hit by profit-taking, even when they have announced strong earnings. China CSI300 stock index futures for August rose 0.1 percent, to 3,717.4, 1.90 points above the current value of the underlying index. "The market is relatively...
*China's imports from North Korea: http://tmsnrt.rs/2fNLAVt. LONDON, Aug 17- Lead has been an unlikely and unforeseen beneficiary of the North Korea missile crisis. China, which signed up to the U.S.-drafted resolution, will lose an increasingly significant flow of raw materials to its lead smelters.
TUESDAY, AUGUST 29 CHICAGO- Federal Reserve Bank of Chicago President Charles Evans gives opening remarks at the Large-Bank Directors Conference hosted by the Federal Reserve Bank of Chicago 1500 GMT. WEDNESDAY, AUGUST 30 CHICAGO- Federal Reserve Board Governor Jerome Powell speaks on "Key Areas of Focus of Supervisory Reform" at the Large-Bank Directors...
TUESDAY, AUGUST 29 CHICAGO- Federal Reserve Bank of Chicago President Charles Evans gives opening remarks at the Large-Bank Directors Conference hosted by the Federal Reserve Bank of Chicago 1500 GMT. WEDNESDAY, AUGUST 30 CHICAGO- Federal Reserve Board Governor Jerome Powell speaks on "Key Areas of Focus of Supervisory Reform" at the Large-Bank Directors...
*Barcelona attack viewed as terrorism; 13 dead. Adding to investor concerns was news that a van had slammed into crowds in the Spanish city of Barcelona, killing 13 people, according to media reports, in an attack police were treating as terrorism. Treasury yields fell on worries Trump will be unable to deliver on campaign promises such as tax reform, even as the...
*Barcelona attack treated as terrorism; 13 said killed. Adding to investor concerns was news that a van had slammed into crowds in the Spanish city of Barcelona, killing 13 people, according to media reports, in an attack police were treating as a terrorism. Treasury yields fell on worries Trump will be unable to deliver on campaign promises such as tax reform, even...
*Genscape reports more than 1 mln bbl draw at Cushing- trade. Inventories at Cushing, the delivery hub for U.S. crude futures, declined more than a million barrels in the week to Aug. 15, traders said citing estimates from energy industry information provider Genscape. In the latest week to Aug. 11 for which government data was available, Cushing inventories...
TRENTON, N.J.— EpiPen maker Mylan has finalized a $465 million government agreement settling allegations it overbilled Medicaid for its emergency allergy injectors for a decade— charges brought after rival Sanofi filed a whistleblower lawsuit and tipped off the government. A prominent senator and a watchdog group both criticized the latest settlement for...
