Overseas Headlines- January 13, 2017
Fallback Logo

U.S.:

Dollar limps to worst week in two months, sterling stays shaky
The dollar limped toward it worst week in two months on Friday as softer-than-expected trade data from China added to signs that investors may be falling out of love with the post-U.S. election Trump trade. The dollar index .DXY, which measures it against six of the other top world currencies, was down fractionally for a third straight day in early London trading and almost one percent lower on the week.
<http://www.reuters.com/article/us-global-forex-idUSKBN14X056?il=0>

Europe:

Euro zone yields rise on Fed warnings, Italy rating review looms
Euro zone bond yields rose on Friday after comments from U.S. policymakers overnight prompted concerns that monetary policy in the world’s largest economy could tighten faster than previously expected. Federal Reserve officials said on Thursday that fiscal and tax plans sketched out by the incoming Trump administration could trade a short-term economic boost for inflation and debt problems they might have to counteract. This pushed 10-year U.S. Treasury yields up to 2.38 percent late on Thursday, a rise of 8 basis points (bps) from the trough hit earlier in the day.
<http://www.reuters.com/article/eurozone-bonds-idUSL5N1F31AV>

Asia:

China posts worst export fall since 2009 as fears of U.S. trade war loom
China’s massive export engine sputtered for the second year in a row in 2016, with shipments falling in the face of persistently weak global demand and officials voicing fears of a trade war with the United States that is clouding the outlook for 2017. In one week, China’s leaders will see if President-elect Donald Trump makes good on a campaign pledge to brand Beijing a currency manipulator on his first day in office, and starts to follow up on a threat to slap high tariffs on Chinese goods.
<http://www.reuters.com/article/us-china-economy-trade-idUSKBN14X0FD>

More Stories from the Market
shutterstock_342262439
April 10, 2026   Sagicor Real Estate X Fund Limited (XFUND) has advised that at a meeting of its Board of Directors to be held on May 18, 2…
shutterstock_453968572
April 10, 2026   Innovative Energy Group Limited (ENERGY) has advised that the resolutions passed at its Annual General Meeting held on Wed…
shutterstock_453968572
April 10, 2026   Wisynco Group Limited (WISYNCO) has advised that Mr. Sean Scott will be leaving the position of Deputy CEO to pursue a new…
shutterstock_193038047
April 10, 2026 Paramount Trading (Jamaica) Limited (PTL) Unaudited Financial Statements for the Nine Months Ended February 28, 2026 Paramou…
shutterstock_107279942
April 10, 2026 The U.S. Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers (CPI‑U) increased 0.9% on a seaso…
shutterstock_453968572
April 10, 2026 United States: US CPI Surges 0.9% in Largest Monthly Jump Since 2022 on Gas   US inflation surged in March by the most in …
shutterstock_148562033
April 9, 2026   Supreme Ventures Limited (SVL) has advised that on April 7, 2026, two connected parties purchased 4,700,000 and 12,258,207 …
shutterstock_453968572
April 9, 2026 United States: US Consumer Spending Barely Rose, Inflation Lingered Pre-War   US consumer spending barely rose in February …