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Overseas Headlines- January 13, 2017 | Mayberry Investments Limited connection error:
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Overseas Headlines- January 13, 2017

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>

2017-01-13T08:57:00-05:00