AI
Tuesday, October 04, 2016 5:28:42 AM
What Is News?
Asian shares rise, dollar firms after upbeat U.S. data
[Reuters]
October 3, 2016
By Lisa Twaronite
TOKYO (Reuters) - Asian shares shrugged off a sluggish start and pushed higher on Tuesday, with Japanese markets leading the way after an upbeat U.S. manufacturing survey bolstered the dollar.
But the cheer was unlikely to spread to Europe, where German markets will reopen after a holiday to rekindled fears about the stability of the country's largest lender.
U.S. stocks slumped overnight, with Deutsche Bank (DB.N) shares resuming their slide as hopes faded that the bank would reach a swift deal with the U.S. Department of Justice over a fine of up to $14 billion for mis-selling mortgage-backed securities.
"The return of German markets today is likely to see Deutsche Bank's shares come under the microscope again after the face-ripping rally on Friday that saw a 14 percent swing in the share price," wrote Michael Hewson, chief market analyst at CMC Markets in London.
Hewson expected Britain's FTSE 100 (.FTSE) and Germany's DAX (.GDAXI) to begin the day modestly lower, and France's CAC 40 (.FCHI) to open nearly flat.
MSCI's broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> was up 0.2 percent in afternoon trade. Markets in China are on holiday this week.
Australian shares (.AXJO) ended 0.1 percent higher after Australia's central bank kept its cash rate steady at 1.5 percent on Tuesday, a widely expected decision as it assesses the impact of its May and August rate cuts.
"We think the case for no more cuts is strengthening," says Paul Bloxham, chief economist Australia at HSBC. "Economic growth is strong, commodity prices have risen, and the drag from the mining investment decline is set to fade."
Japan's Nikkei stock index (.N225) gained 0.8 percent, getting a tailwind as the dollar rose against the yen after strong U.S. data.
On Monday, the Institute for Supply Management (ISM) said that its index of U.S. national factory activity rose to 51.5 in September from 49.4 in August, indicating that the sector is now expanding.
"The upbeat U.S. survey is lifting expectations for a strong dollar trend, which helps earnings concerns recede for Japanese exporters," said Hikaru Sato, senior technical analyst at Daiwa Securities.
The upbeat U.S. factory numbers had a mixed impact on U.S. shares overnight. While strong survey reassured investors worried about the strength of the U.S. economy, it also encouraged bets that the Federal Reserve will raise interest rates as early as this year. Higher rates, while good for the dollar, could pressure equities markets.
Fed funds futures imply that investors slightly favor the chance for an interest rate increase in December.
The dollar index, which tracks the greenback against a basket of six major peers, added 0.3 percent to 95.970 (.DXY).
Against the yen, the dollar added 0.6 percent to 102.25 (JPY=), breaking above the 102 level for the first time since Sept. 21, while the euro was 0.2 percent lower at $1.1187 (EUR=).
The main economic indicator this week is Friday's non-farm payrolls report. Employers are expected to have added 170,000 jobs in September, according to the median estimate of 59 economists polled by Reuters.
Sterling nursed losses not far from 31-year lows and was last at $1.2841 (GBP=). The pound plunged after the UK set a March deadline to begin the formal process for Britain's exit from the European Union.
Crude oil futures took a breather following sharp gains overnight as Iran urged other oil producers to join OPEC in supporting the market.
U.S. crude (CLc1) was down 0.6 percent at $48.52 a barrel after closing up 1.2 percent on Monday. Brent (LCOc1) was down 0.4 percent at $50.68 after gaining 1.4 percent overnight.
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Asian shares rise, dollar firms after upbeat U.S. data
9:24 am - Reuters
GLOBAL MARKETS-Asian shares rise, dollar firms after upbeat US data
9:21 am - Reuters
Indonesia 'still discussing' overturning nickel ore export ban
7:58 am - Reuters
COLUMN-Small Tasmanian nickel mine symbol of hope in uncertain market: Russell
7:55 am - Reuters
Indonesia may allow miners a further 3-5 years to build smelters -minister
7:20 am - Reuters
Heron Appoints Key Woodlawn Personnel
7:01 am - GlobeNewswire
Indonesia 'still discussing' whether to overturn nickel ore export ban
5:55 am - Reuters
OceanaGold provides update on Philippines operations
4:47 am - CNW Group
American Creek Acquires "Golden Triangle" Property Package Including the Dunwell Gold Mine
3:08 am - Marketwire
Mawson Announces Extension of Share Purchase Warrants
2:12 am - CNW Group
Irving Resources Grants Incentive Stock Options
2:11 am - Marketwire
Milner Consolidated Silver Mines Ltd. Announces Move to NEX
1:42 am - Marketwire
Strongco Announces Completion of Its Sale of Chadwick-BaRoss, Inc.
12:34 am - Marketwire
Lucara Announces Dates for Exceptional Stone Tender
12:30 am - Marketwire
Pan American Silver to announce unaudited 2016 third quarter results on November 14
12:30 am - CNW Group
Oil up on Iran comments, Wall Street ticks down
12:20 am - Reuters
Q3 2016 Financial and Operational Results Release Date and Conference Call
12:05 am - CNW Group
CANADA STOCKS-TSX falls as gold miners, banks weigh
12:00 am - Reuters
Argonaut Gold Announces Completion of El Creston Confirmation Drilling at Its La Colorada Mine
12:00 am - Marketwire
Uranium Resources Announces Extension of Churchrock Sale Agreement
12:00 am - GlobeNewswire
Monday October 3, 2016
Compass Minerals Completes Acquisition of Leading Brazilian Specialty Plant Nutrition Company
11:10 pm - Business Wire
Orion Mine Finance Announces Equity Investment in Premier Gold Mines Limited
11:05 pm - Marketwire
Inca One Gold Corp. Closes Oversubscribed Private Placement
11:03 pm - CNW Group
Western Troy Announces Genivar Litigation Verdict Expected Before November 1, 2016, Sale of Its MacLeod Lake Project, and a Board of Directors Change
10:40 pm - Marketwire
Goldcorp shuts biggest gold mine after week-long blockade
10:36 pm - Reuters
Black Widow Resources Inc Changes Name to BWR Exploration Inc.
9:44 pm - Marketwire
Largo Produces a Record 806 Tonnes of Vanadium Pentoxide in September
9:33 pm - CNW Group
Colombia peace vote setback rattles markets, ratings agencies
8:29 pm - Reuters
Helio (TSX-V:HRC) Announces AGM Results
8:16 pm - CNW Group
Continental Materials Corporation Reports Issuance of Partial Summary Judgment on Valco, Inc. Litigation
7:56 pm - Marketwire
Puma Exploration Samples 6.04% Zn Over 3.0 Meters at Red Brook Cu-Au-Zn Skarn in New Brunswick
7:05 pm - Marketwire
3M Completes Sale of its Temporary Protective Films Business
7:04 pm - Business Wire
SOQUEM Intercepts High Grade Silver and Zinc at the B26 Project
6:33 pm - Marketwire
China iron ore imports rise in September - Thomson Reuters data
6:22 pm - Reuters
Newmont Brings Merian into Commercial Production On Time and Below Budget
6:00 pm - Business Wire
Technology Advisors Partners With Analytic Reporting Tool IT Sapiens
6:00 pm - Marketwire
Matamec Retains CHF Capital Markets
5:49 pm - Marketwire
Vendome Resources Enters Into Purchase Agreement for the Mont Sorcier Vanadium, Iron, Titanium Deposit
5:40 pm - Marketwire
Cuban nickel industry shuttered as Hurricane Matthew looms
5:35 pm - Reuters
New LENOX® METALMAX™ Proves Diamonds Truly Are Forever
5:01 pm - PR Newswire
PMI® at 51.5%; September Manufacturing ISM® Report On Business®; New Orders and Production Growing; Employment and Inventories Contracting; Supplier Deliveries Slowing
5:00 pm - PR Newswire
Alset Provides Update
4:54 pm - Marketwire
Aura Minerals Rights Offering Fully Subscribed
4:51 pm - Marketwire
Goldcorp starts controlled shutdown of operations at a Mexico mine
4:37 pm - Reuters
Falco Announces Significant Increase in Horne 5 Resources
4:35 pm - Marketwire
Chibougamau Independent Mines Options Mont Sorcier Vanadium, Iron, Titanium Deposit to Vendome Resources Corp.
4:30 pm - Marketwire
Golden Arrow Reports Final Chinchillas Phase VI Drill Results & Expands Mineralization to the East
4:29 pm - Marketwire
Colombian peso dips after surprise vote against peace deal
4:11 pm - Reuters
Skeena Intersects 16 g/t Gold Over 4.7 Metres at Snip
4:10 pm - Marketwire
Trump-Clinton Commemorative Coin from Long-Stanton is a Big Hit
4:07 pm - Business Wire
Nicola Mining Inc. Enters Into Exploration and Material Purchase Agreement
4:05 pm - Marketwire
Goldcorp Announces Controlled Shutdown of Operations at its Peñasquito Mine Following an Illegal Blockade
4:00 pm - CNW Group
NN, Inc. Reprices Term Loan
4:00 pm - PR Newswire
Entrée Gold Committed to Unlocking the Value of Its Copper and Gold Assets
4:00 pm - Marketwire
POWER Magazine Announces Award-Winning Coal-Fired Power Plants
4:00 pm - PR Newswire
Parlane Discovers Additional Mineralization at the Big Bear Property, Nechako Plateau, Central British Columbia
all above links found here
https://biz.yahoo.com/n/y/y0023.html
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
US Suspends Syria Talks, Blames Russia
White House: Patience With Russia Has Run Out
by Jason Ditz, October 03, 2016
Print This | Share This
Two weeks after the ceasefire actually ended in Syria, the Obama Administration has announced it is withdrawing from talks related to the process, and are eager to make sure everyone knows they hold Russia wholly responsible for the failure of the effort...
continues here http://news.antiwar.com/2016/10/03/us-suspends-syria-talks-blames-russia/
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Deutsche Bank Stock Reopening Bounce Fades As CDS Hit Record Highs
by Tyler Durden
Oct 4, 2016 4:37 AM
Pent-up exuberance from the long weekend has lifted Deutsche Bank stock in early European trading, but it has also lifted the cost of credit protection as professionals in the credit market appears far less confident in the dead-cat-bounce that equity speculators are already beginning to fade.
Bear in mind that equity markets are very prone to short-term technical-driven squeezes (see Lehman during its vinegar strokes) whereas short-dated CDS has such a wide bid-offer that realistically supply/demand is driven by actual hedging demands (funds covering counterparty risk) than by speculators.
http://www.zerohedge.com/news/2016-10-04/deutsche-bank-stock-reopening-bounce-fades-cds-hit-record-highs?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Have a Most Wonderful Day !
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Morning News Zone
Asian shares rise, dollar firms after upbeat U.S. data
[Reuters]
October 3, 2016
By Lisa Twaronite
TOKYO (Reuters) - Asian shares shrugged off a sluggish start and pushed higher on Tuesday, with Japanese markets leading the way after an upbeat U.S. manufacturing survey bolstered the dollar.
But the cheer was unlikely to spread to Europe, where German markets will reopen after a holiday to rekindled fears about the stability of the country's largest lender.
U.S. stocks slumped overnight, with Deutsche Bank (DB.N) shares resuming their slide as hopes faded that the bank would reach a swift deal with the U.S. Department of Justice over a fine of up to $14 billion for mis-selling mortgage-backed securities.
"The return of German markets today is likely to see Deutsche Bank's shares come under the microscope again after the face-ripping rally on Friday that saw a 14 percent swing in the share price," wrote Michael Hewson, chief market analyst at CMC Markets in London.
Hewson expected Britain's FTSE 100 (.FTSE) and Germany's DAX (.GDAXI) to begin the day modestly lower, and France's CAC 40 (.FCHI) to open nearly flat.
MSCI's broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> was up 0.2 percent in afternoon trade. Markets in China are on holiday this week.
Australian shares (.AXJO) ended 0.1 percent higher after Australia's central bank kept its cash rate steady at 1.5 percent on Tuesday, a widely expected decision as it assesses the impact of its May and August rate cuts.
"We think the case for no more cuts is strengthening," says Paul Bloxham, chief economist Australia at HSBC. "Economic growth is strong, commodity prices have risen, and the drag from the mining investment decline is set to fade."
Japan's Nikkei stock index (.N225) gained 0.8 percent, getting a tailwind as the dollar rose against the yen after strong U.S. data.
On Monday, the Institute for Supply Management (ISM) said that its index of U.S. national factory activity rose to 51.5 in September from 49.4 in August, indicating that the sector is now expanding.
"The upbeat U.S. survey is lifting expectations for a strong dollar trend, which helps earnings concerns recede for Japanese exporters," said Hikaru Sato, senior technical analyst at Daiwa Securities.
The upbeat U.S. factory numbers had a mixed impact on U.S. shares overnight. While strong survey reassured investors worried about the strength of the U.S. economy, it also encouraged bets that the Federal Reserve will raise interest rates as early as this year. Higher rates, while good for the dollar, could pressure equities markets.
Fed funds futures imply that investors slightly favor the chance for an interest rate increase in December.
The dollar index, which tracks the greenback against a basket of six major peers, added 0.3 percent to 95.970 (.DXY).
Against the yen, the dollar added 0.6 percent to 102.25 (JPY=), breaking above the 102 level for the first time since Sept. 21, while the euro was 0.2 percent lower at $1.1187 (EUR=).
The main economic indicator this week is Friday's non-farm payrolls report. Employers are expected to have added 170,000 jobs in September, according to the median estimate of 59 economists polled by Reuters.
Sterling nursed losses not far from 31-year lows and was last at $1.2841 (GBP=). The pound plunged after the UK set a March deadline to begin the formal process for Britain's exit from the European Union.
Crude oil futures took a breather following sharp gains overnight as Iran urged other oil producers to join OPEC in supporting the market.
U.S. crude (CLc1) was down 0.6 percent at $48.52 a barrel after closing up 1.2 percent on Monday. Brent (LCOc1) was down 0.4 percent at $50.68 after gaining 1.4 percent overnight.
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Asian shares rise, dollar firms after upbeat U.S. data
9:24 am - Reuters
GLOBAL MARKETS-Asian shares rise, dollar firms after upbeat US data
9:21 am - Reuters
Indonesia 'still discussing' overturning nickel ore export ban
7:58 am - Reuters
COLUMN-Small Tasmanian nickel mine symbol of hope in uncertain market: Russell
7:55 am - Reuters
Indonesia may allow miners a further 3-5 years to build smelters -minister
7:20 am - Reuters
Heron Appoints Key Woodlawn Personnel
7:01 am - GlobeNewswire
Indonesia 'still discussing' whether to overturn nickel ore export ban
5:55 am - Reuters
OceanaGold provides update on Philippines operations
4:47 am - CNW Group
American Creek Acquires "Golden Triangle" Property Package Including the Dunwell Gold Mine
3:08 am - Marketwire
Mawson Announces Extension of Share Purchase Warrants
2:12 am - CNW Group
Irving Resources Grants Incentive Stock Options
2:11 am - Marketwire
Milner Consolidated Silver Mines Ltd. Announces Move to NEX
1:42 am - Marketwire
Strongco Announces Completion of Its Sale of Chadwick-BaRoss, Inc.
12:34 am - Marketwire
Lucara Announces Dates for Exceptional Stone Tender
12:30 am - Marketwire
Pan American Silver to announce unaudited 2016 third quarter results on November 14
12:30 am - CNW Group
Oil up on Iran comments, Wall Street ticks down
12:20 am - Reuters
Q3 2016 Financial and Operational Results Release Date and Conference Call
12:05 am - CNW Group
CANADA STOCKS-TSX falls as gold miners, banks weigh
12:00 am - Reuters
Argonaut Gold Announces Completion of El Creston Confirmation Drilling at Its La Colorada Mine
12:00 am - Marketwire
Uranium Resources Announces Extension of Churchrock Sale Agreement
12:00 am - GlobeNewswire
Monday October 3, 2016
Compass Minerals Completes Acquisition of Leading Brazilian Specialty Plant Nutrition Company
11:10 pm - Business Wire
Orion Mine Finance Announces Equity Investment in Premier Gold Mines Limited
11:05 pm - Marketwire
Inca One Gold Corp. Closes Oversubscribed Private Placement
11:03 pm - CNW Group
Western Troy Announces Genivar Litigation Verdict Expected Before November 1, 2016, Sale of Its MacLeod Lake Project, and a Board of Directors Change
10:40 pm - Marketwire
Goldcorp shuts biggest gold mine after week-long blockade
10:36 pm - Reuters
Black Widow Resources Inc Changes Name to BWR Exploration Inc.
9:44 pm - Marketwire
Largo Produces a Record 806 Tonnes of Vanadium Pentoxide in September
9:33 pm - CNW Group
Colombia peace vote setback rattles markets, ratings agencies
8:29 pm - Reuters
Helio (TSX-V:HRC) Announces AGM Results
8:16 pm - CNW Group
Continental Materials Corporation Reports Issuance of Partial Summary Judgment on Valco, Inc. Litigation
7:56 pm - Marketwire
Puma Exploration Samples 6.04% Zn Over 3.0 Meters at Red Brook Cu-Au-Zn Skarn in New Brunswick
7:05 pm - Marketwire
3M Completes Sale of its Temporary Protective Films Business
7:04 pm - Business Wire
SOQUEM Intercepts High Grade Silver and Zinc at the B26 Project
6:33 pm - Marketwire
China iron ore imports rise in September - Thomson Reuters data
6:22 pm - Reuters
Newmont Brings Merian into Commercial Production On Time and Below Budget
6:00 pm - Business Wire
Technology Advisors Partners With Analytic Reporting Tool IT Sapiens
6:00 pm - Marketwire
Matamec Retains CHF Capital Markets
5:49 pm - Marketwire
Vendome Resources Enters Into Purchase Agreement for the Mont Sorcier Vanadium, Iron, Titanium Deposit
5:40 pm - Marketwire
Cuban nickel industry shuttered as Hurricane Matthew looms
5:35 pm - Reuters
New LENOX® METALMAX™ Proves Diamonds Truly Are Forever
5:01 pm - PR Newswire
PMI® at 51.5%; September Manufacturing ISM® Report On Business®; New Orders and Production Growing; Employment and Inventories Contracting; Supplier Deliveries Slowing
5:00 pm - PR Newswire
Alset Provides Update
4:54 pm - Marketwire
Aura Minerals Rights Offering Fully Subscribed
4:51 pm - Marketwire
Goldcorp starts controlled shutdown of operations at a Mexico mine
4:37 pm - Reuters
Falco Announces Significant Increase in Horne 5 Resources
4:35 pm - Marketwire
Chibougamau Independent Mines Options Mont Sorcier Vanadium, Iron, Titanium Deposit to Vendome Resources Corp.
4:30 pm - Marketwire
Golden Arrow Reports Final Chinchillas Phase VI Drill Results & Expands Mineralization to the East
4:29 pm - Marketwire
Colombian peso dips after surprise vote against peace deal
4:11 pm - Reuters
Skeena Intersects 16 g/t Gold Over 4.7 Metres at Snip
4:10 pm - Marketwire
Trump-Clinton Commemorative Coin from Long-Stanton is a Big Hit
4:07 pm - Business Wire
Nicola Mining Inc. Enters Into Exploration and Material Purchase Agreement
4:05 pm - Marketwire
Goldcorp Announces Controlled Shutdown of Operations at its Peñasquito Mine Following an Illegal Blockade
4:00 pm - CNW Group
NN, Inc. Reprices Term Loan
4:00 pm - PR Newswire
Entrée Gold Committed to Unlocking the Value of Its Copper and Gold Assets
4:00 pm - Marketwire
POWER Magazine Announces Award-Winning Coal-Fired Power Plants
4:00 pm - PR Newswire
Parlane Discovers Additional Mineralization at the Big Bear Property, Nechako Plateau, Central British Columbia
all above links found here
https://biz.yahoo.com/n/y/y0023.html
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
US Suspends Syria Talks, Blames Russia
White House: Patience With Russia Has Run Out
by Jason Ditz, October 03, 2016
Print This | Share This
Two weeks after the ceasefire actually ended in Syria, the Obama Administration has announced it is withdrawing from talks related to the process, and are eager to make sure everyone knows they hold Russia wholly responsible for the failure of the effort...
continues here http://news.antiwar.com/2016/10/03/us-suspends-syria-talks-blames-russia/
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Deutsche Bank Stock Reopening Bounce Fades As CDS Hit Record Highs
by Tyler Durden
Oct 4, 2016 4:37 AM
Pent-up exuberance from the long weekend has lifted Deutsche Bank stock in early European trading, but it has also lifted the cost of credit protection as professionals in the credit market appears far less confident in the dead-cat-bounce that equity speculators are already beginning to fade.
Bear in mind that equity markets are very prone to short-term technical-driven squeezes (see Lehman during its vinegar strokes) whereas short-dated CDS has such a wide bid-offer that realistically supply/demand is driven by actual hedging demands (funds covering counterparty risk) than by speculators.
http://www.zerohedge.com/news/2016-10-04/deutsche-bank-stock-reopening-bounce-fades-cds-hit-record-highs?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Have a Most Wonderful Day !
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
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