Search This Blog


Search Tool

Nov 18, 2016

United States International Trade Commission | News Releases Update - November 18, 2016: Iron Mechanical Transfer Drive Components From Canada and China Do Not Injure US Industry, Says USITC


November 18, 2016
News Release 16-146
Inv. No. 701-TA-550 and 731-TA-1304-1305 (Final)
Contact: Peg O'Laughlin, 202-205-1819
Iron Mechanical Transfer Drive Components from Canada and China Do Not Injure U.S. Industry, Says USITC

CMI | Metals Spot Prices Closing on November 18, 2016

Spot Prices as of traditional New York closing times

Friday, November 18, 2016

European Markets Closing Report on November 18, 2016: European Stocks Close Lower as Dollar Rallies; Volkswagen to Cut 30,000 Jobs
Arjun Kharpal, Sam Meredith
European stocks closed lower on Friday as rising U.S. bond yields pushed the dollar to a more than 13-and-a-half-year high as investors eyed Federal Reserve member comments and upped bets on a December rate hike.

Gold Switzerland - November 18, 2016: Trump Will Grow US Debt Exponentially, by Egon von Greyerz

By Egon von Greyerz
There is a total misunderstanding of the role of gold and why it is so critical to own physical gold. Gold should not be bought or sold based on rumours or events. In connection with the US election, gold moved for totally the wrong reasons.

Reuters | Technology News - November 18, 2016: Uber Says Taiwan's Steps Againts It Hurting Citizens
TAIPEI Uber Technologies Inc urged Taiwan President Tsai Ing-wen to let the island's people decide whether they want Uber services in Taiwan, the latest salvo in the wrangle between the authorities there and the global ride-hailing service company.

Bloomberg Markets | 5 Things You Need to Know to Start Your Day
Lorcan Roche Kelly lorcanRK 
 Dollars surge, Volkswagen will cut as many as 30,000 jobs, and Draghi remains dovish. Here are some of the things people in markets are talking about today.

King dollar

U.S. Stock Market Future Indications - November 18, 2016: Wall Street Eyes Host of Fed Speakers

Anmar Frangoul
Spencer Platt | Getty Images

U.S. stock index futures pointed to a lower open on Friday morning as traders eyed a host of Fed speakers. On Thursday, Fed Chair Janet Yellen gave testimony before the Joint Economic Committee of Congress. Yellen, like many other Fed speakers, reaffirmed that a rate hike is coming soon.

Asian Markets Closing Report on November 18, 2016: Nikkei Climbs to Nearly 11-Month High, Boosted by Weaker Yen, But Other Asia Markets Trade Mixed, by Saheli Roy Choudhury
Saheli Roy Choudhury
Ratib Al Safadi | Anadolu Agency | Getty Images

Asia markets were mixed Friday afternoon, with the Japanese market climbing to an 11-month high on the back of a relatively weaker yen.

Bloomberg View | Editorial Board - November 18, 2016: Nato Is Up for Trump's Spending Spree
The Editors
Come Jan. 20, President-elect Donald J. Trump will start carrying out his agenda. How does he expect to turn his promises into policy? Do his plans make sense? If not, what should he do? Finally, given the political realities of Washington, what’s most likely to happen? This is part of a series of editorials that try to answer these questions.

The Guardian | Business | Economics | Business Live - November 18, 2016: Mario Draghi Hints Eurozone Stimulus Will Last
Angela Monaghan

Global bonds rack up biggest losses in more than 25 years

Bank of England's Broadbent defends low interest rates


European markets fall

Jim O'Neill joins George Osborne's northern powerhouse thinktank


Mario Draghi: ECB stimulus will last

European markets are mixed in early trading

The agenda: euro in record losing streak as markets await Draghi speech

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.
The dollar’s gain is the euro’s loss, with strength in the US currency pushing the euro below $1.06 for the first time in almost a year. It is currently trading at $1.0596.