Economic Data

Dollar smiles while sterling scowls

Sterling’s price action this week can be described as messy, as rocky Brexit negotiations between the United Kingdom and Brussels, left investors on edge. Sentiment towards the Pound was already fragile amid the uncertainty, and reports released on Friday, showing a downward revision of Britain’s annual growth rate, put more pressure on the currency. Economic growth in the United Kingdom ...

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TREASURIES-U.S. yields rise on data, report on Trump, Warsh meeting

* Reports on Trump, Warsh meeting raise bets on more hawkish Fed * U.S. Midwest factory activity shows resilience, inflation muted * Treasuries set to eke out 0.06 percent return in third quarter By Richard Leong NEW YORK, Sept 29 (Reuters) - Most U.S. Treasury yields edged higher on Friday on encouraging data about steady economic growth and reports U.S. ...

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U.S. yields rise on data, report on Trump, Warsh meeting

Reuters By Richard Leong NEW YORK, Sept 29 (Reuters) – Most U.S. Treasury yields edged higher on Friday on encouraging data about steady economic growth and reports U.S. President Donald Trump met with former Federal Reserve Governor Kevin Warsh about a potential nomination to head the U.S. central bank. In light of his past stance against expansion of ...

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Gold Prices Set for Quarterly Gain

Baystreet Staff – Friday, September 29, 2017 Gold prices dipped on Friday as investors digested U.S. economic data that was expected to give more clues about a possible interest rate hike in December. Spot gold was flat at $1,286.69 U.S. per ounce early morning Friday while U.S. gold futures rose ...

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Dollar index rises, on track for best weekly gain of 2017

The U.S. dollar recovered earlier losses against many of its main rivals on Friday following a spate of economic data, putting it on track for the strongest weekly gain in the year-to-date at 1.1%, according to FactSet. The dollar gauge was on pace to end September roughly 0.6% higher, making it the first monthly gain since February. Where are currencies ...

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Japan economic data boost Abe ahead of vote » Manila Bulletin News

Published September 29, 2017, 10:00 PM By AFP Tokyo – A raft of broadly positive economic data gave Japan’s Prime Minister Shinzo Abe a boost on Friday, as he kicked off an election campaign in which the health of the world’s third-biggest economy will play a major role. Factory output grew more than expected while household spending – seen as ...

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