MARKET PULSE - USA
22 Jan
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US close: Markets on a high as government shutdown deal tentatively reached

Wall Street's main market gauges began the week trading on a positive note, after Congress struck a deal to end the federal government shutdown which had been in place since Friday.

22 Jan
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Senate reaches temporary agreement over budget

A bipartisan group of negotiators has reached across the aisle to finalise an agreement to reopen the US federal government almost 60 hours after it first shut down.

22 Jan
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Commodities: Base metals find slight bid

Commodities found a slight bid at the start of the week, centred on base metals and agriculture futures.

22 Jan
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FX round-up: Macron interview pushes pound towards first Fibonacci resistance

Sterling continued to move higher at the start of the week after French Prime Minister Emmanuele Macron appeared to hold the door open to a bespoke trading arrangement for the UK after Brexit.

22 Jan
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US open: Stocks mixed, investors wait on Senate vote on government shutdown

Wall Street's main market gauges have begun the week trading on a slightly mixed note, following the US Senate's inability to avoid a federal government shutdown during the previous session.

22 Jan
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AIG reaches deal to acquire Bermudian insurer for $5.56bn

Global insurance company American International Group (AIG) has inked a deal to acquire Bermuda-based insurer and reinsurer Validus Holdings for $5. 56bn, as the group's new chief executive looked to reverse nearly ten years' worth of asset declines as a result of its near collapse in 2008.

22 Jan
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Europe midday: Periphery stocks lead gains after debt upgrades

Periphery stocks are pacing gains following sovereign debt upgrades for Greece and Spain, amid news that delegates from Germany's SPD party voted to start formal talks with the CDU/CSU on creating a grand coalition in the country.

21 Jan
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US close: Banks, bond yields continue pushing higher

Wall Street's main market gauges finished higher, with investors apparently brushing off concerns about a possible government shutdown ahead of a key Senate vote.

19 Jan
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Kellogg's invests $66m into expansion of Brazilian operations

Cereal maker Kellogg's has made an investment of BRL 215m towards an expansion of operations in the south of Brazil, the company announced on Friday.

19 Jan
US open: Stocks higher even as government shutdown looms

Wall Street's main market gauges are trading mostly higher despite a downbeat close the day before, as investors put aside their concerns about a possible government shutdown ahead of a key Senate vote.

19 Jan
IBM falls despite posting first rise in revenue for 23 months

Tech-giant IBM closed out the 2017 calendar year with a rise in revenues for the first time in almost six years, but shares slipped in early trading after the firm warned that higher tax rates would eat away at its profits from the current trading year.

19 Jan
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Suntrust earnings get boost from US tax reforms

US-lender Suntrust Banks posted net income of $710m from the three months leading to 31 December as the revaluation of its deferred tax liability and other discrete items added $291m to the group's bottom line.

19 Jan
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US consumer confidence dips in January, Univ. of Michigan says

Consumer confidence in the US dipped at the start of January amid a small increase in expectations for gas prices and uncertainty around the lagged impact of tax cuts, according to the results of one of the most closely-followed sentiment surveys.

18 Jan
Alcoa falls short of Wall Street expectations

US aluminium producer Alcoa's fourth-quarter profit and revenue fell short of market estimates as higher power prices in Spain coupled with ongoing droughts in Brazil that hampered bauxite production, increased expenses.

18 Jan
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Amazon narrows list of potential locations for second headquarters down to 20

E-commerce giant Amazon has shortened its list of potential host cities for its second headquarters from 238 down to just 20.

18 Jan
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US open: Risk of federal government shutdown looms over stocks

Wall Street is trading on the back foot ahead of a House vote on the legislation needed to avert a government shutdown and amid another leg lower in the Treasury market, amid reports that Apple might unload some of its holdings of US government debt to pay its tax bills.

18 Jan
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Concerns for Apple sales as Taiwan Semiconductor cuts forecasts

Taiwan Semiconductor Manufacturing (TSMC) forecast revenue behind market expectations from its current trading quarter, as dwindling smartphone sales in China and a stronger Taiwanese dollar outweighed product demand from cryptocurrency miners.

18 Jan
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World confidence in US leadership has slumped under Trump administration

Global approval of the US has fallen to a new low, from 48% under Obama to 30% under Trump, Gallup’s global leadership poll finds.

18 Jan
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Sharp fall in US December housing starts, but permits stable

Homebuilding activity in the US hit the skids at the end of the year in part due to poor weather.

18 Jan
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Philly Fed factory index dips in January, as expected

Factory activity in the US mid-Atlantic region cooled in January, according to the results of one of the most widely-followed surveys for the sector.