newszine

EMERGING MARKETS-Brexit weighs on stocks; Russia deal lifts Turkish lira

8 hours ago NAMEX Comments Off on EMERGING MARKETS-Brexit weighs on stocks; Russia deal lifts Turkish lira
* UK parliament rejects swift decision on Brexit bill * Hong Kong legislature withdraws extradition bill * Russia, Turkey agree to remove Kurdish YPG from Syria border * South African inflation slows in September; rand down By Susan Mathew Oct 23 (Reuters) – Emerging-market shares retreated from their highest in more than two months on Read More

Oil falls on U.S. stockbuild; deeper output cut prospects give support

13 hours ago NAMEX Comments Off on Oil falls on U.S. stockbuild; deeper output cut prospects give support
SINGAPORE (Reuters) – Oil fell on Wednesday after gaining over 1% in the previous session as U.S. industry data showed a bigger-than-expected build in crude stockpiles, but the possibility of deeper output cuts from OPEC and its allies contained the decline. FILE PHOTO: Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang Read More

Nikkei holds near 10-1/2-mth high; chip-related stocks weak

14 hours ago NAMEX Comments Off on Nikkei holds near 10-1/2-mth high; chip-related stocks weak
TOKYO, Oct 23 (Reuters) – Japan’s Nikkei share average was little changed on Wednesday, running out of steam after climbing to a 10-1/2-month high, with weak chip-related stocks preventing further gains after disappointing results from Texas Instruments. The benchmark Nikkei average eased marginally to 22,540.56 by the midday break, still near Thursday’s high which marked Read More

Morning News Call – India, October 23

14 hours ago NAMEX Comments Off on Morning News Call – India, October 23
To access a PDF version of this newsletter, please click here here If you would like to receive this newsletter via email, please register at: here FACTORS TO WATCH No major events are scheduled for the day. LIVECHAT - EQUITIES FOCUS Reuters stocks correspondents in London and New York sift through a heavy corporate earnings Read More

Wall Street slips after rejection of Brexit timetable

19 hours ago NAMEX Comments Off on Wall Street slips after rejection of Brexit timetable
NEW YORK (Reuters) – U.S. stocks ended lower on Tuesday, giving up early gains after British lawmakers rejected the government’s proposed timetable for passing legislation to ratify its deal to exit the European Union. A trader works on the floor at the New York Stock Exchange (NYSE) in New York, U.S., October 22, 2019. REUTERS/Brendan Read More

US STOCKS-Mixed earnings, failed Brexit vote push down S&P 500

22 hours ago NAMEX Comments Off on US STOCKS-Mixed earnings, failed Brexit vote push down S&P 500
NEW YORK (Reuters) – The benchmark S&P 500 index gave up modest gains on Tuesday from earlier in the session after British lawmakers rejected the government’s proposed timetable for passing legislation to ratify its deal to exit the European Union. A trader works on the floor at the New York Stock Exchange (NYSE) in New Read More

S&P 500, Dow gain on upbeat earnings reports; Facebook pressures Nasdaq

1 day ago NAMEX Comments Off on S&P 500, Dow gain on upbeat earnings reports; Facebook pressures Nasdaq
(Reuters) – The S&P 500 and Dow Jones indexes rose on Tuesday, as upbeat earnings reports eased concerns over the fallout from the fragile U.S.-China trade relationship, but Facebook pressured Nasdaq after the company was hit with an expanded New York-led probe. A trader works on the floor at the New York Stock Exchange (NYSE) Read More

METALS-Copper flat as traders gauge supply concerns from Chile protests

1 day ago NAMEX Comments Off on METALS-Copper flat as traders gauge supply concerns from Chile protests
(Updates throughout, changes dateline from SINGAPORE) By Peter Hobson LONDON, Oct 22 (Reuters) – Copper prices were nearly flat on Tuesday, as traders gauged the impact of intensifying protests in top producer Chile on supplies. The union of workers at the world’s largest copper mine, BHP’s Escondida, said they would hold a day-long strike on Read More

Oil steady on weak demand concerns despite U.S.-China trade optimism

2 days ago NAMEX Comments Off on Oil steady on weak demand concerns despite U.S.-China trade optimism
SEOUL (Reuters) – Oil prices were little changed Tuesday as lingering worries over a global economic slowdown that could hurt oil demand offset some signs of progress in U.S.-China trade talks. FILE PHOTO: Oil rigs are seen at Vaca Muerta shale oil and gas drilling, in the Patagonian province of Neuquen, Argentina January 21, 2019. Read More

Oil prices edge up on U.S.-China trade optimism, but demand concerns cap

2 days ago NAMEX Comments Off on Oil prices edge up on U.S.-China trade optimism, but demand concerns cap
SEOUL (Reuters) – Oil prices steadied a little on Tuesday, supported by signs of progress in talks on resolving the U.S.-China trade dispute, but gains were contained by lingering anxiety a slowdown in the global economy could hurt crude demand. FILE PHOTO: Oil rigs are seen at Vaca Muerta shale oil and gas drilling, in Read More