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Asian shares buoyed by Wall St rally, but China worry caps gains

16 mins ago NAMEX Comments Off on Asian shares buoyed by Wall St rally, but China worry caps gains
SYDNEY (Reuters) – Asian stocks edged up on Monday, catching some of Wall Street’s momentum after surprisingly strong U.S. jobs data although regional gains were capped by concerns about China’s economic slowdown due to the prolonged Sino-U.S. trade war. FILE PHOTO: A man is reflected on an electronic board showing a graph analyzing recent change Read More

Jobs of the future are clustering in a handful of U.S. cities, study finds

17 mins ago NAMEX Comments Off on Jobs of the future are clustering in a handful of U.S. cities, study finds
WASHINGTON (Reuters) – A new analysis of where “innovation” jobs are being created in the United States paints a stark portrait of a divided economy where the industries seen as key to future growth cluster in a narrowing set of places. FILE PHOTO: The San Francisco skyline is seen behind a woman as she walks Read More

Japan shares rise on robust U.S. data, China worries cap gains

1 hour ago NAMEX Comments Off on Japan shares rise on robust U.S. data, China worries cap gains
TOKYO, Dec 9 (Reuters) – Japanese shares rose on Monday following robust U.S. jobs data, although gains were limited on concerns about Chinese economy and as the deadline for U.S. tariffs on Chinese goods nears. The Nikkei 225 index rose 0.24% to 23,410.68 by 0147 GMT, with consumer discretionary and industrial sectors leading gains. The Read More

Morning News Call – India, December 9

1 hour ago NAMEX Comments Off on Morning News Call – India, December 9
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 12:00 pm: Chief Economic Advisor Krishnamurthy Subramanian at FICCI’s Young Leaders Summit in New Delhi. 5:00 pm: Finance Minister Nirmala Sitharaman and Finance Secretary Rajiv Kumar Read More

GLOBAL MARKETS-Asian shares buoyed by Wall St rally, but China worry caps gains

1 hour ago NAMEX Comments Off on GLOBAL MARKETS-Asian shares buoyed by Wall St rally, but China worry caps gains
SYDNEY (Reuters) – Asian stocks edged up on Monday, catching some of Wall Street’s momentum after surprisingly strong U.S. jobs data although regional gains were capped by concerns about China’s economic slowdown due to the prolonged Sino-U.S. trade war. FILE PHOTO: A man is reflected on an electronic board showing a graph analyzing recent change Read More

Asian stocks pulled higher by Wall Street jobs rally but China caution prevails

2 hours ago NAMEX Comments Off on Asian stocks pulled higher by Wall Street jobs rally but China caution prevails
SYDNEY (Reuters) – Asian stocks edged up on Monday, catching some of Wall Street’s momentum after surprisingly strong U.S. jobs data although regional gains were capped by concerns about China’s economy due to the prolonged Sino-U.S. trade war. FILE PHOTO: A man is reflected on an electronic board showing a graph analyzing recent change of Read More

Oil prices slip as weak China exports highlights trade war impact

2 hours ago NAMEX Comments Off on Oil prices slip as weak China exports highlights trade war impact
TOKYO (Reuters) – Oil prices fell on Monday after data showing China’s overall exports of goods and services shrank for a fourth straight month, sending shivers through a market already concerned about damage being down to global demand by the Sino-U.S. trade war. FILE PHOTO: An oil pump is seen just after sunset outside Saint-Fiacre, Read More

As Fed reiterates rate pause, forecasts likely to be blown off course

8 hours ago NAMEX Comments Off on As Fed reiterates rate pause, forecasts likely to be blown off course
WASHINGTON (Reuters) – Friday’s booming U.S. jobs report should give the Federal Reserve all it needs to stick to its plan not to cut interest rates further in the near future, so when U.S. central bankers meet this week, most of the focus will be on their outlook for next year and beyond. FILE PHOTO: Read More

Wall St Week Ahead-RPT-Tariff deadline keeps focus on trade as 2019 draws to close

13 hours ago NAMEX Comments Off on Wall St Week Ahead-RPT-Tariff deadline keeps focus on trade as 2019 draws to close
(Repeats to additional subscribers) By Lewis Krauskopf NEW YORK, Dec 6 (Reuters) – The stock market looks set to end 2019 the way it began the year — highly sensitive to headlines from President Donald Trump’s global trade war. Stocks pulled back from record highs to start December, undermined by comments from Trump and others Read More

UPDATE 1-France ready to take Trump’s tariff threat to WTO – Le Maire

16 hours ago NAMEX Comments Off on UPDATE 1-France ready to take Trump’s tariff threat to WTO – Le Maire
PARIS (Reuters) – France is ready to go to the World Trade Organization to challenge U.S. President Donald Trump’s threat to put tariffs on champagne and other French goods in a row over a French tax on internet companies, its finance minister said on Sunday. FILE PHOTO: French Finance Minister Bruno Le Maire attends a Read More