Top News & Analysis Washington DC

  • TOKYO, Feb 20- Japan's exports posted their biggest decline in more than two years in January, adding to concerns about slowing global demand and trade frictions as business confidence softens and orders for the country's machinery goods fell sharply. Ministry of Finance data out on Wednesday showed Japan's exports fell 8.4 percent in the year to January,...

  • Feb 19- A high school student from Covington, Kentucky, sued the Washington Post for defamation on Tuesday, claiming the newspaper falsely accused him of racist acts and instigating a confrontation with a Native American activist in a January videotaped incident at the Lincoln Memorial. The lawsuit, filed in U.S. District Court in Kentucky by Covington...

  • Feb 20- For other diaries, please see:. Top Economic Events Emerging Markets Economic Events Government Debt Auctions Political and General News U.S. Federal Reserve Today in Washington.

  • WEDNESDAY, FEBRUARY 20 JOHANNESBURG, South Africa- South Africa Finance Minister Tito Mboweni to present 2019 budget to parliament- 1200 GMT KINGSTON- Bank of Jamaica holds interest rate announcement and monetary policy report. JAKARTA- Indonesia Central Bank holds board of governors' meeting. SYDNEY- Appearance by Philip Lowe, Reserve Bank of Australia...

  • STOCKHOLM- Riksbank Deputy Governor Martin Flodén will discuss the economic situation and monetary policy- 1100 GMT. FRANKFURT- ECB chief economist Peter Praet delivers Speech by at 11th Frankfurt Main Financial Centre Breakfast organized by Frankfurt Main Finance e.V. in Frankfurt, Germany.- 0700 GMT. THURSDAY, FEBRUARY 21 STANFORD, Calif.- Federal Reserve...

  • OTTAWA, Feb 19- The former Canadian justice minister at the center of allegations of wrongdoing by government officials said on Tuesday she would break her silence as Prime Minister Justin Trudeau's team sought to defuse the biggest crisis of his career. The Liberal government has been on the defensive since the Globe and Mail newspaper reported on Feb. 7 that...

  • *U.S.- China trade talks resume in Washington. NEW YORK, Feb 19- U.S. stocks gained ground on Tuesday as upbeat results from Walmart boosted investor sentiment and high-level U.S.- China trade talks resumed in Washington. "did say going to be drawing down the balance sheet for some time," said Tim Ghriskey, chief investment strategist at Inverness Counsel in New...

  • Feb 19- ICE cotton futures settled higher on Tuesday, having touched a one-week high earlier in the session, helped by a weaker dollar, while investors focused on the latest round of trade talks between the United States and China. *On Tuesday, the United States and China launched a new round of talks in Washington, with follow-up sessions scheduled later in the week,...

  • President Donald Trump said on Tuesday that trade talks with China were going well and suggested he was open to pushing off the deadline to complete negotiations, saying March 1 was not a "magical" date. "I know that China would like not for that to happen, so I think they're trying to move fast so that doesnt happen. On Tuesday, the United States and China launched a new...

  • We haven't seen much of a change, "Walmart Chief Financial Officer Brett Biggs told Reuters. Investors and Wall Street analysts have been expecting U.S. spending to slow this year, against a backdrop of rising debt, trade tariffs and economic uncertainty. "There are definitely some storm clouds on the horizon," said Charles Sizemore, founder of Sizemore Capital...

  • *Palladium peaks at $1,491/ oz, strongest on record. Spot palladium was up 1.3 percent at $1,476 per ounce by 1:15 p.m. EST, having earlier soared to an all-time high of $1,491. Adding to an already strained supply scenario for palladium, was the likelihood of an improvement in demand from the auto sector, given the expectations of a U.S.- China trade deal...

  • *U.S.- China trade talks resume in Washington. Feb 19- U.S. stocks inched higher on Tuesday, led by Amazon and upbeat earnings from Walmart, while investors focused on the latest round of trade talks between the United States and China. The company's results helped lift the mood in the sector, especially after a Commerce Department report showed last week that U.S....

  • Feb 19- Walmart Inc said on Tuesday it sees no signs of weakness in U.S. consumer spending and posted its strongest holiday-quarter sales growth in a decade, citing robust grocery and e-commerce sales and assuaging concerns about a looming U.S. recession. We haven't seen much of a change, "Walmart Chief Financial Officer Brett Biggs told Reuters.

  • NEW YORK, Feb 19- Gold prices surged to a 10- month high on Tuesday, as the U.S. dollar weakened, on optimism for a breakthrough in U.S.- China trade talks, with bullion also receiving support as a safe-haven asset due to concerns over global growth. A gauge of global stock markets rose modestly, with an advance in Walmart helping to lift Wall Street equities, although...

  • LONDON, Feb 19- European shares dipped on Tuesday as a disappointing update from HSBC hit the heavyweight banking sector and a rally fuelled by optimism about a possible Sino-U.S. trade deal ran out of steam. A new round of talks between the United States and China was taking place in Washington on Tuesday. After touching its highest level since Oct. 10 on Monday, the...

  • Feb 19- Palladium scaled a record peak to within striking distance of the $1,500 level on Tuesday fueled by a sharp supply deficit, widening its lead over gold by more than $150, even as bullion hit a 10- month high on a weaker dollar and global growth jitters. Spot palladium was up 0.7 percent at $1,467.62 per ounce at 11:35 am EST, having earlier soared to an...

  • Feb 19- A strong U.S. economy boosted Walmart Inc's holiday-quarter sales growth to the best in a decade, lifted by consumer spending in key categories like groceries and increased e-commerce purchases. Shares of the world's larger retailer rose nearly 4 percent on Tuesday and were up 7 percent so far this year. We haven't seen much of a change, "Walmart Chief...

  • LONDON, Feb 19- Copper prices touched the highest in more than two months on Tuesday due to a weaker dollar and hopes that the United States and China would forge a trade deal. A new round of talks between the United States and top metals consumer China take place in Washington on Tuesday aimed at resolving a trade war that has weighed on metals prices for a year.

  • BEIJING, Feb 19- China will deepen reforms of its agriculture sector to promote its rural economy, the government said in its first policy statement of 2019, as it seeks to bolster growth and offset trade challenges. China has been overhauling its crop structure in recent years, reducing support for corn after stocks ballooned, and seeking to promote more...

  • TORONTO, Feb 19- The Canadian dollar weakened against its U.S. counterpart on Tuesday as an uncertain outlook for global trade offset the lift from the highest crude oil prices in nearly three months. A new round of talks between the United States and China to resolve their trade war will take place in Washington on Tuesday, with follow-up sessions at a higher...