Mar 29, 2017

David Cameron: I Was Right to Hold Brexit Referendum: The Guardian | World | Europe:

SEC Press Release - March 29, 2017: Daniel H.Glick, et al

WSJ | Forex Closing on March 29, 2017:

WSJ | Major Indexes Closing on March 29, 2017:

WSJ | Biggest Gainers Closing on March 29, 2017

WSJ | Most Actives Closing on March 29, 2017:

WSJ | Biggest Decliners Closing on March 29, 2017:

Wall Street at Close Report on March 29, 2017: Nasdaq Closes for 4th Straight Gain, as Dow Lags Behind

Theresa May Has Signed, Sealed and Delivered Article 50. The Guardian Writers Respond - March 29, 2017:

European Markets at Close Report on March 29, 2017: European Closes Higher as Britain Officially Pulls Brexit Trigger; LSE Group Jumps 2.7%

BEA News Release.- March 29, 2017: U.S. Net International Investment Position Q4 and Year 2016

The Beauty Pageant to Build Trump's Border Wall is Beginning: The Guardian | World | America - U.S. - Immigration.

Countdown to Brexit: What Is Article 50?. Investopedia - March 29, 2017:

Make Brexit About Mending, Not Destroying .| Bloomberg Editorial Board - March 29, 2017.

U.S. Stock Future Markets Indications on March 29, 2017: S&P 500 Set to Struggle for Direction, but Vertex Soars 17%.

Asian Markets at Close Report on March 29, 2017: Asia Markets Closed Mixed After Dow Breaks 8-Day Losing Streak, Brexit Ahead

Mar 28, 2017

WSJ | Forex Closing on March 28, 2017:

WSJ | Major Indexes Closing on March 28, 2017:

WSJ | Most Actives Closing on March 28, 2017:

WSJ | Biggest Decliners Closing on March 28, 2017:

WSJ Biggest Gainers Closing on March 28, 2017:

Yields Rise With Stocks After Strong U.S. Confidence Data: Investopedia | Reuters - March 28, 2017

Wall Street at Close Report on March 28, 2017: Dow Snaps 8-Day Losing Streak as Consumer Confidence Surges, Financials Lead

FTC Returns Money To Victims of Business Directory Scheme | FTC Press Release - March 28, 2017:

Federal Reserve Board Issues Enforcement Action With Bank Of Star City and Announces | Federal Reserve Board Enforcement Action - March 28, 2017.

European Markets at Close Report on March 28, 2017: European Stocks Close Higher as Investors Shrug Off Trump Concerns; Wolseley Up 5%

Trump Begins Tearing Up Obama's Years of Progress on Tackling Climate Change | The Guardian | World | U.S. - Donald Trump - March 28, 2017:

Max Keiser Report: "The New Detroit"

The Guardian | Brexit Weekly Briefing - March 28, 2017: May Remains Upbeat in Final Countdown but EU Warns of "Tragedy"

Five Things You Need to Know To Start Your Day | Bloomberg Markets - March 28, 2017

U.S. Stock Market Future Indications on March 28, 2017: Dow Fighting to Rise for First Time in 9 Sessions

Mar 27, 2017

FTC Press Release on March 27, 2017: Office Supply operators Banned From Telemarketing to Settle FTC Charges

SEC | Press Release - March 17, 2017: Halts Fraud targeting Seniors

WSJ | Forex Closing on March 27, 2017:

WSJ | Major Indexes Closing on March 27, 2017:

WSJ | Most Actives Closing on March 27, 2017:

WSJ | Biggest Decliners Closing on March 27, 2017:

WSJ | Biggest Gainers Closing on may 27, 2017

Wall Street at Close Report on March 27, 2017: Dow Posts 8-Day Slide, Longest Since 2011, as Street Weighs Tax Reform Prospects | CNBC :

European Markets at Close Report: European Stocks Finish Lower as Trump Rally Falters

Bloomberg News: Trump Will Tap Kushner to Lead Office to Fix U.s. Bureaucracy

U.S. Stock Market Future Indications - March 27, 2017: Stock Market Fear Threatens a Return, as Dow Stares Down Longest Losing Streak in 6 years:

Asian Markets at Close Report on March 27, 2017: Asian Markets Falls Sharply as Hopes Fade for Trump Policy Boost

Mar 22, 2017

Bank Underground: The Art of Deal: What Can Nobel-Winning Contract Theory Teach us About Regulating Banks?

Wall Street at Close Report on March 22, 2017: Stocks Close Mixed Ahead of Key Health -Care Vote; Tech Leads

The Guardian | U.K. | Scotland : Westminster Attack: 4 Confirmes Dead Including Police Officer and Attacker- Live.

CMI | Metals Spot Prices Closing on March 22, 2017:

European Markets At Close Report on March 22, 2017: Europe Closes Lower on Trump's Concerns; ING Down 4%.

FTC Business Blog - March 22, 2017: Scammers are Not "Friends" to Small Business Owners

Gold Hits 3-Week Peak as Investors Shunn Equities on Trump Worries by CNBC Gold News

The Guardian | World | U.S.: U.S. Diplomacy in Crisis Amid Cuts and Confusion at State Department

U.S. Stock Market Future Indications - March 22, 2017: Selloff in U.S. Stocks Set to Pick Up Again as "Trump Trade" Dwindles:

Asian Markets at Close Report on March 22, 2017: Nikkei Falls 2% as "Trump Trade" Doubts Hit Asia Markets:
Ese Erheriene
Asian markets dropped Wednesday, led by the Nikkei’s fall of more than 2%, following overnight declines in U.S. financial markets as investors re-evaluated their “Trump trade” optimism.
Stocks globally and the U.S. dollar have broadly rallied in the wake of President Donald Trump’s election in November, buoyed by his talk of a tax overhaul and infrastructure investment.
However, roadblocks have risen ahead of Thursday’s scheduled vote to dismantle the Affordable Care Act, triggering a market pullback Tuesday in the U.S. that has carried overseas and has investors questioning Trump’s ability to make good on his policy promises.
“Market participants are doubtful of whether President Trump is able to deliver his ‘phenomenal’ tax cuts,” said Woon Tian Yong, an investment analyst at Phillip Futures.
For some, patience has been wearing thin as his first 100 days in office tick away without detailed policy developments. As such, there are predictions of stocks undergoing a 10% correction.
“My feeling is we are running into a period of risk-off sentiment,” said Christoffer Moltke-Leth, director of global sales trading at Saxo Capital Markets. “I would probably start to underweight [stocks], particularly in the U.S.”
Leading the way lower in Asian stock markets Wednesday was Japan’s Nikkei Stock Average NIK, -2.13%  , which fell 2.1% and came within 27 points of breaking below 19,000. It notched its biggest daily drop since an initial slump in the wake of Trump’s electoral win on Nov. 9.
Read: Japan’s exports rise at fastest pace in two years
Australia’s S&P/ASX 200 XJO, -1.56%  ended down 1.6%, and Hong Kong’s Hang Seng HSI, -1.11%  as recently off 1.4%.
Overnight, financials led U.S. stocks lower as the S&P 500 and Dow industrials both logged their first 1% declines in five months, ending the longest such streak since the mid-1990s.
That theme continued in Asia trading. Japan’s Topix I0000, -2.12%  bank subsection plunged 3.2% to its lowest level in two months, Korea’s financial subindex dropped 1.7% and Australia’s “Big Four” banks—Commonwealth Bank of Australia CBA, -2.03%  , Westpac Banking WBC, -2.42%  , National Australia Bank NAB, -1.58%   and Australia and New Zealand Banking ANZ, -2.57% which make up one-third of the weighting of that country’s benchmark stock index—shed 1.5% to 2.6%.
Bao Bao the Panda Leaves for China
Three-year-old panda Bao Bao was flown to China from the Washington National Zoo on Tuesday, leaving behind her parents and brother.
In currencies, the yen USDJPY, -0.28%  gained a further 0.2% in Asian trading after the dollar earlier hit a four-month low against the yen. That added pressure to Japan stocks as a stronger currency makes the country’s exports costlier around the world.
For Asian oil companies, the broader negative sentiment was compounded by a bearish inventory reading from the American Petroleum Institute, which said U.S. supplies rose by 4.5 million barrels last week. That is twice what analysts on average anticipate from the government’s reading later in the global trading day.
Hong Kong-listed Chinese oil majors PetroChina 0857, -1.86%   and Cnooc 0883, -1.76%  were down 2.2% and 2.1%, respectively. Brent, the global crude benchmark, dropped a further 0.7% in Asia after falling more than 1% overnight.
However, stocks in China generally logged smaller declines than in other Asian markets amid an influx of liquidity. Over the past three days, the People’s Bank of China has injected into markets a combined 110 billion yuan ($16 billion), resulting in a sharp drop in interbank borrowing rates. The Shanghai Composite Index was recently off 0.5%.
Aside from Trump caution, however, “Asian equity markets are also facing their own drivers which may potentially upset prices further,” said Woon. For example, investors are focusing on the China and Hong Kong banking sectors, which are into earnings season and have question marks around their net interest margins.

Mar 21, 2017

The Guardian | World | Europe | Banking Global Laundromat: Bank That Lent $300m to Trump Linked to Russian Money Laundering Scam by Nick HopKings - March 21, 2017

WSJ | Forex Closing on March 21, 2017:

WSJ | Major Indexes Closing on March 21, 2017:

WSJ | Biggest Decliners Closing on March 21, 2017:

WSJ | Most Actives Closing on March 21, 2017:

WSJ | Biggest Gainers Closing on March 21, 2017:

CMI | Metals Spot Prices Closing Report on March 21, 2017:

Europe & U.S. Stock Markets Closing Reports on March 21, 2017

Europe shares close lower as investors focused on U.S. health care

Sam Meredith, Silvia Amaro
European markets closed lower on Tuesday afternoon as investors saw the U.S. revamping a health care bill to replace Obamacare.
The pan-European STOXX 600 closed 0.53 percent lower mainly driven by health care stocks, which dropped 1.21 percent. This followed the news that Republican members of Congress had prepared their replacement bill for Obamacare. The bill is set to make significant changes to tax credits and impact low-income people. U.S. President Donald Trump urged Republican members to support the bill or they would risk losing votes in 2018.
Banking stocks were drawn into the trend after rallying in early deals. Several lenders jostled for position near the top of the benchmark with Deutsche Bank moving higher. This came as the subscription period began for the new shares that form part of the embattled bank's capital increase. Its shares ended up by 4.2 percent. Earlier in the session, the Euro Stoxx hit a one-year high, up by 0.4 percent to 379.19.
Basic resources stocks were the worst performers down 2.8 percent, amid a slide in metal prices, as mining giants Rio Tinto and BHP Billiton were joined near the bottom of the index alongside copper miner Antofagasta. Rio Tinto's shares were down by more than 4 percent.
Meanwhile, Fingerprint Cards' shares dramatically fell 31 percent after warning it could not forecast its earnings for 2017 on increasing competition to supply fingerprint technology to smartphone makers. It also ditched plans to pay a dividend.
In the U.S., the Dow Jones saw a triple-digit fall as investors shifted their focus to healthcare reforms.
In oil markets, the commodity erased earlier gains on Tuesday afternoon. Brent crude traded at around $51.06 a barrel on Tuesday, down 1.03 percent, while U.S. crude was around $47.50 a barrel, down 1.49 percent.

Try not to overreact 

Elsewhere, U.K. inflation jumped to 2.3 percent in February, up from 1.8 percent in January. The bigger-than-expected spike was spurred on by food and fuel prices and returns above the Bank of England's 2 percent target. Sterling was 0.8 percent higher against the dollar on the news.
Bank of England Governor Mark Carney was asked for his opinion on the U.K.'s spike in inflation figures reported on Tuesday as he gave a speech on banking standards in London. He urged investors not to "overreact to a single data point."
Meanwhile, President Donald Tusk of the European Council announced that the first EU summit to prepare the guidelines for the other 27 countries regarding Brexit will take place on April 29.

In France, several presidential candidates participated in the first televised debate on Monday evening with just over a month to go until voters head to the polls for the first round of a two-stage contest to elect a new premier.

Wall Street at Close Report
Fred Imbert

U.S. equities posted their worst day of the year Tuesday as banks faced pressure from falling yields, while investors turned their eyes to a key House vote.
The Dow Jones industrial average fell around 240 points, with Goldman Sachs contributing the lion's share of the losses. The S&P 500 dropped 1.2 percent, with financials falling more than 2.5 percent to lead decliners. The indexes were also posted their first decline of at least 1 percent since October.
"We're settling back into the middle of the range in the 10-year yield. That certainly has taken the air out of financials lately," said Art Hogan, chief market strategist at Wunderlich Securities.
U.S. Treasury yields traded mixed, with the benchmark 10-year note yield holding around 2.42 percent and the short-term two-year note yield trading around 1.26 percent.
Yields have been falling since last week, when the Federal Reserve raised rates but provided a more dovish outlook than expected.Weaker yields lead to lower interest rates on loans, which hurt financial stocks, particularly banks.
"I'm not overly worried about [financials'] price action today," said Mark Spellman, portfolio manager at Alpine Funds, noting that the economic backdrop remains bullish for the sector.
The SPDR S&P Bank ETF (KBE) and the Regional Banking ETF (KRE) both fell more than 4.5 percent.
10-year yield in 2017

Source: FactSet
The Nasdaq composite reached a fresh all-time high before closing 1.8 percent lower. Shares of Apple hit an all-time high after the firm announced a new version of its 9.7-inch iPad and special editions for the iPhone 7 and iPhone 7 Plus.
The small-cap Russell 2000 underperfomed, falling around 2 percent.
Retail stocks also took a hit Tuesday, as the SPDR S&P Retail ETF (XRT) dropped nearly 2 percent after Rep. Kevin Brady, the Republicans' chief tax writer in the House, told CNBC that a border adjustment tax will probably appear in the final tax reform plan.
"Importers of course don't see the possibility of 'a very positive way' in any fashion and why the retail stocks today are getting hammered with XRT down," said Peter Boockvar, chief market analyst at The Lindsey Group, in a note.
Stocks had traded mostly sideways recently after a sharp postelection rally. Randy Frederick, vice president of trading and derivatives at Charles Schwab, said "there aren't any catalysts to take the market higher, but there aren't any to derail it either."
Traders on the floor of the New York Stock Exchange
Getty Images
Traders on the floor of the New York Stock Exchange
Entering Tuesday, the S&P 500 had risen just 0.42 percent this month, but had spiked 6 percent for 2017.
Since President Donald Trump's victory last November, expectations for tax reform, deregulation and more government spending have increased dramatically. That said, the Trump administration indicated that health care reform would take place ahead of tax reform.
"If those become bigger fights and everything gets watered down, that could be a disappointment," said Alpine's Spellman.
House Republicans are expected to vote on repealing and replacing the Affordable Care Acton Thursday.
"If we can't get health care reform soon, that doesn't mean we won't get tax reform. It just means it will come later, but the market is not priced in for that," said Wunderlich's Hogan.
The Freedom Caucus, a key group of House Republicans, threatened to issue a formal statement of opposition to the Obamacare replacement bill, which would delay the vote, unless the language in the bill changes dramatically.
Wall Street also focused on the oil market as crude prices briefly rebounded on the possibility of an OPEC supply cut extension.
"If that comes to fruition, that would be a huge plus," said Peter Cardillo, chief market economist at First Standard Financial. "I think the rebalancing in the market is going to take place in the next few months."
West Texas Intermediate futures erased gains to settle 1.82 percent lower at $47.34 per barrel. Oil has been under pressure recently as oversupply concerns pushed prices below $50, a key technical level.
Energy is the worst-performing sector this year, falling around 8 percent.
On the data front, fourth-quarter current account figures showed the deficit fell, hitting its lowest level in more than a year, as an increase in the primary income surplus offset a soybean-driven drop in exports.
Meanwhile, the Philadelphia Federal Reserve nonmanufacturing index slipped in March, but still showed overall business growth.
The dollar fell against a basket of currencies, with the euro hitting its highest level since Feb. 2, after a debate between French presidential candidates eased worries that populist Marine Le Pen would win.
"With fears somewhat receding over the political uncertainty in France coupled with the ECB slowly adopting a hawkish stance, the Euro has found itself back in fashion," said Lukman Otunuga, research analyst at FXTM. "A daily close above 1.0800 could encourage bullish investors to attack the next relevant level at 1.085."
The Dow Jones industrial average fell 237.85 points, or 1.14 percent, to close at 20,668.01, with Caterpillar leading decliners and Coca-Cola outperforming.
The S&P 500 declined 29.45 points, or 1.24 percent, to end at 2,344.02, with financials leading 10 sectors lower and utilities the only advancer.
The Nasdaq composite tumbled 107.70 points, or 1.83 percent, to close at 5,832.53.
About four stocks declined for every advancer at the New York Stock Exchange, with an exchange volume of 1.004 billion and a composite volume of 4.25 billion at the close.
The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 12.5, up nearly 10 percent.
—CNBC's Peter Schacknow and Reuters contributed to this report.
On tap this week:
6:00 p.m. Cleveland Fed President Loretta Mester
Earnings: Tencent, Winnebago, Five Below, Acushnet
9::00 a.m. FHFA home prices
10:00 a.m. Existing home sales
Earnings: Conagra, Scholastic, KB Home, Accenture, GameStop, Shoe Carnival, Micron
8:30 a.m. Initial claims
8:45 a.m. Fed chair Janet Yellen makes opening remarks at Strong Foundations Conference
10:00 a.m. New home sales
12:30 p.m. Minnepolis Fed President Neel Kashkari at Strong Foundations Conference
7:00 p.m. Dallas Fed President Rob Kaplan
Earnings: Finish Line
8:30 a.m. Durable goods
8:45 a.m. Chicago Fed's Evans
9:05 a.m. St. Louis Fed President James Bullard
9:45 a.m. Manufacturing PMI
10:00 a.m. New York Fed President William Dudley

U.S. Stock Market Future Indications on March 21, 2017: Futures Suggest a Higher Open on Wall Street as Oil Prices Rebbound

Asian Markets at Close Report on March 21, 2017: Asia Markets Finish Mixed, Kospi 1%

WSJ | Forex Closing on March 20, 2017:

WSJ | Major Indexes Closing on March 20, 2017:

Mar 20, 2017

FDIC | Weekly National Rates and Rate Caps Update - March 20, 2017:

Search Engine Land: Google: Hacked Sites Increased 32% in 2016 - March 20, 2017.
Barry Schwartz on March 20, 2017 at 1:11 pm
Google published its State of Website Security in 2016 today, reporting that there was a 32 percent increase in the number of hacked sites in 2016 compared to 2015. Google added that it doesn’t expect the trend to slow down any time soon.
Google said that these hackers are getting even “more aggressive,” and at the same time more sites are letting their sites and content management systems become out of date, leaving themselves open to more security holes.
As an incentive to verify your site with Google Search Console, one data point that is key is that “84% [of] webmasters who do apply for reconsideration are successful in cleaning their sites.” Of course, those that do take the time to verify their sites with Search Console are also more likely to care about their outdated CMS package.
Google does try to warn all webmasters that their sites were hacked but said “61% of webmasters who were hacked never received a notification from Google that their site was infected because their sites weren’t verified in Search Console.” So verify your site; it is free and useful.
Google then documented three common hacks and how to clean up such hacks:
Gibberish Hack: The gibberish hack automatically creates many pages with non-sensical sentences filled with keywords on the target site. Hackers do this so the hacked pages show up in Google Search. Then, when people try to visit these pages, they’ll be redirected to an unrelated page, like a porn site. Learn more on how to fix this type of hack.
Japanese Keywords Hack: The Japanese keywords hack typically creates new pages with Japanese text on the target site in randomly generated directory names. These pages are monetized using affiliate links to stores selling fake brand merchandise and then shown in Google search. Sometimes the accounts of the hackers get added in Search Console as site owners. Learn more on how to fix this type of hack.
Cloaked Keywords Hack: The cloaked keywords and link hack automatically creates many pages with non-sensical sentence, links, and images. These pages sometimes contain basic template elements from the original site, so at first glance, the pages might look like normal parts of the target site until you read the content. In this type of attack, hackers usually use cloaking techniques to hide the malicious content and make the injected page appear as part of the original site or a 404 error page. Learn more on how to fix this type of hack.
For more details, see the Google Webmaster blog.

WSJ | Most Actives Closing on March 20, 2017:

WSJ | Biggest Gainers Closing on March 20, 2017:

WSJ | Biggest Decliners Closing on March 20, 2017:

CNBC | Gold News: Gold Hits Two Week High as Dollar Falls After G20 Trade Message - March 20, 2017

Wall Street at Close Report on March 20, 2017: U.S. Stocks End Lower as Financials Sell Off

The Guardian | World | Europe: Banking: Global Laundromat: British Banks Handled Vast Sums of Laundered Russian Money, by Caelain Barr

The Guardian | Opinion: Donald Trump - March 20, 2017: In Donald Trump's Fantasy World, Hints of Reality are Dawning by Matthew d'Ancona

European Markets at Close Report on March 20, 2017: European Markets Close Down; Article Date Confirmed; Hugo Boss Down 4.7%

FTC News & Events - March 20, 2017: FTC, NHTSA to Conduct Workshop on June 28, on Privacy, Security Issues Related to Connected, Automated Vehicles

Bloomberg Markets. 5 Things You Need to Know to Start Your Day - March 20, 2017

Bloomberg View - March 20, 2017: Hey Trump, U.S. Science Spending Pays Off Bigly

U.S. Stock Market Future Indications - March 20, 2017: Futures Point to Lower Open on Wall Street Ahead of Fed Speak:

Asian Markets at Close Report on March 20, 2017: Asian Stocks Mixed as Investors Mull G20 Headlines
Aza Wee Sile
Asian equities were mixed on Monday as investors mulled headlines out of the G-20 finance ministers meeting in Germany at the weekend and China Development Forum over the next two days.
Finance ministers from twenty of the world's biggest economies held a two-day meeting, and warned against competitive devaluations and disorderly FX markets but failed to agree on keeping global trade free and open.

"Germany Finance Minister Schauble bemoaned the omission for "resit all forms of protectionism" in the G-20 communique as U.S. Treasury Mnuchin preferred to 'reduce excessive global imbalances...promote greater inclusiveness and fairness,'" said Vishnu Varathan, senior economist at Mizuho Bank, in a Monday note.
Down Under, the ASX 200 closed down 0.36 percent or 20.7 points at 5,778.9.
Australian retailers were under pressure on Monday, due to fears of Amazon potentially launching its service in the country this year, analysts said.
Shares of JB Hi-Fi were down 2.84 percent, Harvey Norman dropped 8.21 percent, and Suparetail was down 3.36 percent.
South Korea's Kospi finished 0.35 percent or 7.6 points lower at 2,157.01. Earlier, official data showed that South Korea's February producer prices rose at its fastest pace in over five years, with the producer price index (PPI) up at 4.2 percent, compared to January's 3.9 percent.


-68.55 -0.35%
HSI HSI 24501.99
192.06 0.79%
ASX 200 S&P/ASX 200 5778.91
-20.74 -0.36%
SHANGHAI Shanghai 3250.52
13.08 0.40%
KOSPI KOSPI Index 2157.01
-7.57 -0.35%
CNBC 100 CNBC 100 ASIA IDX 7438.36
32.87 0.44%
Shanghai composite closed up 0.4 percent or 13 points at 3,250.52 and Shenzhen composite rose 0.31 percent or 6.3 points at 2,036.05. Hong Kong's Hang Seng was up 0.61 percent by mid-afternoon.
Over in Beijing, international business leaders, international organizations and Chinese policymakers gather for the 18th session of the China Development Forum.
Official data on Saturday showed that China's property prices rose in February after having slowed in the past four months. New home prices were up 0.3 percent, compared to January's 0.2 percent increase. Meanwhile, property sales jumped 25.1 percent in January and February, the strongest annual growth in seven years.
In Southeast Asia, oilfield services firm Ezra Holdings of Singapore filed for U.S. Chapter 11 bankruptcy on Saturday, and said it had loans of $272 million owed to Singapore's DBS Group, and $184 million owed to Oversea-Chinese Banking Corp. Shares of DBS Group and OCBC were down 1.04 percent and 0.52 percent, respectively.
Singapore's benchmark Straits Times index was down 0.43 percent, weighed heavily by its oil and gas index, which fell 0.58 percent and more than 1 percent earlier.
Markets in Japan are shut. On Friday, Japan's benchmark index fell 0.35 percent to close at 19,521.59.
Japanese Prime Minister Shinzo Abe said on Sunday in Germany that the European Union and Japan should soon reach an economic deal, and stressed the importance of free trade to his country, Reuters reported.
U.S. Secretary of State Rex Tillerson met with Chinese President Xi Jinping for 30 minutes on Sunday and said that President Donald Trump anticipated a meeting soon, Reuters reported.
IBM and a unit of China's Dalian Wanda Group agreed on Sunday to team up to provide cloud services for Chinese firms through a newly formed venture, Wanda Cloud Company.
Oil prices were steady last Friday after dropping nearly 10 percent for the week on concerns of a continued global supply overhang.
During Asian time, Brent crude was down 0.35 percent at $51.58 a barrel, while U.S. crude fell 0.59 percent to $48.50.
The dollar weakened further to 100.13 against a basket of currencies at 3 pm HK/SIN, at a nearly one-month low. The yen strengthened to 112.68, falling below the 113 handle, against the greenback. The Australian dollar was stronger at $0.7723 as of 3 pm HK/SIN.
U.S. stocks closed mixed Friday, dragged down by declines in financial and health care stocks.
The Dow Jones industrial average closed down 0.1 percent to 20,914.62, while the S&P 500 slipped 0.13 percent to 2,378.25.The Nasdaq composite closed flat at 5,901.00.

Mar 17, 2017

Bloomberg Businessweek: How Close Is U.S. to Full Employment - March 17, 2017:

WSJ | Forex Closing on March 17, 2017:

WSJ | Major Indexes Closing on March 17, 2017:

NYT | Europe - Trump Offers No ApologiesForn Claim on British Spying - March 17, 2017.

Gerald Celente - Trends In The News: Fed Raises Rates, Markets Stay Calm - March 17, 2017

CMI | Metals Prices Closing on March 17, 2017

WSJ | Biggest Decliners Closing on March 17, 2017:

WSJ | Most Actives Closing on March 17, 2017:

WSJ | Biggest Gainers Closing on March 17, 2017:

FTC Press Release - March 17, 2017: FTC Settlement Bars Spam Email Marketing, Baseless Weight-Loss Claims by Diet Operation.

Asian, European & U.S. Stock Markets Closing Reports on March 17, 2017:

Mar 16, 2017

U.S. Stock Market Future Indications - March 16, 2017: U.S. Futures Point to Higher Open on Wall Streeet, Big Batch of Data Eyed
Anmar Frangoul
Andrew Renneisen | Getty Images
U.S. stock index futures pointed to a higher open on Thursday morning as traders eyed a big batch of data and continued to digest the U.S. Federal Reserve's decision to increase interest rates.
Initial jobless claims, housing starts, and the Philly Fed Index are all due to be released at 8:30 a.m. ET, with JOLTS data set to come out at 10:00 a.m. ET.
On the earnings front, Dollar General is set to report before the bell, while Adobe Systems is due to report after the bell.
In Europe the pan European Stoxx 600 Index was around 0.57 percent higher on Thursday morning.
In oil markets, Brent crude traded at around $52.27 a barrel on Thursday morning, up 0.89 percent, while U.S. crude was around $49.31 a barrel, up 0.92 percent.

Asian Markets Closing Report on March 16, 2017: Asia Markets Trde Higher; Dollar Weakness in Focus

Mar 15, 2017

DealBook Afternoon Edition on March 15, 2017: Fed Raises Interest rates For Third Time Since Financial Crisis

WSJ | Biggest Decliners Closing on March 15, 2017:

WSJ | Most Actives Closing on March 15, 2017:

CMI | Metals Spot Prices Closing on March 15, 2017:

Wall Street at Close Report on March 15, 2017: Dow Closes Up Triple Digits After Fed Raises Rates

Federal Reserve Board and Federal Open Market Committee Release Economic Projections From The March 14-15 FOMC meeting.

European Markets at Close Report on March 15, 2017: European Markets Close Higher; All Eyes on Dutch Election, Fed Meeing.

U.S. Stock Market Opens Higher as Fed Rate Hike Looms

Bloomberg View : Beware of Debt Ceiling - March 15, 2017

BLS News Release - March 15, 2016: CPI for all items rises 0.1% in February; food and shelter indexes increase but gas falls

Bureau of Labor Statistics

CPI for all items rises 0.1% in February; food and shelter indexes increase but gas falls

On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers increased 0.1 percent in February after rising 0.6 percent in January. The index for all items less food and energy rose 0.2 percent in February after increasing 0.3 percent in January.
HTML | PDF | RSS | Charts | Local and Regional CPI

Asian Markets at Close Report on March 15, 2017: Asian Stocks Mostly Lower, Toshiba Plunges 12% as Delisting Threat Looms

Mar 14, 2017

The Guardian | World | U.S.: Donald Trump Tax Reurns: President paid $38m in 2005, Leaked Document Reveals - as it Happened.

WSJ | Forex Closing on March 14, 2017

CMI | Spot Prices Closing on March 4, 2017

WSJ | Major Indexes Closing on March 14, 2017

WSJ | Biggest Decliners Closing on March 14, 2017

WSJ | Biggest Gainers Closing on March 17, 2017

WSJ | Most Actives Closing on March 14, 2017

Asian, European & U.S. Stock Markets Closing Reports on March 14, 2017.

Anonymous - This is Goig to Change Everything We Know - CIA Secrets EXPOSED 2017 - Originally Published on March 11, 2017

Keiser Report: Bloodletting Among Retailers - March 14, 2017.

Gerald Celente Trends In The News : China, U.S. Tensions Building- Originally Posted on March 10, 2017

Latest Post Published

From The Desk Of Fernando Guzmán Cavero

 Dear Friends:  I would like to express hereby my apologies for couldn't fulfill to be with you with my "Daily Financial News Blog&...