extend Archive

  • Projected results of the Lower Saxony election released a few hours ago 16 Oct - SDP 37.3% up from 32.6% prev - CDU 33.4% - Greens 8.9% - FDP 7.4% Not been covered in Asia session so posting here for info.

    SDP extend power base as it defeats Merkel’s CDU in Lower Saxony election

    Projected results of the Lower Saxony election released a few hours ago 16 Oct - SDP 37.3% up from 32.6% prev - CDU 33.4% - Greens 8.9% - FDP 7.4% Not been covered in Asia session so posting here for info.
    Read More
  • Treasuries Extend Upward Trend Despite Upbeat Economic Data Treasuries showed a notable move to the upside over the course of the trading day on Friday, extending the upward trend seen over the past few sessions. Bond prices jumped early in the session and remained firmly positive throughout the day. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, fell by 4.3 basis points to 2.280 percent. The strength among treasuries came despite the release of some upbeat economic data, including a Commerce Department report showing a substantial increase in retail sales in the month of September. The Commerce Department said retail sales surged up by 1.6 percent in September after edging down by a revised 0.1 percent in August. Higher gas prices contributed to the jump in retail sales, as sales by gasoline stations soared by 5.8 percent during the month. Closely watched core retail sales, which exclude automobiles, gasoline, building materials..

    Treasuries Extend Upward Trend Despite Upbeat Economic Data

    Treasuries Extend Upward Trend Despite Upbeat Economic Data Treasuries showed a notable move to the upside over the course of the trading day on Friday, extending the upward trend seen over the past few sessions. Bond prices jumped early in the session and remained firmly positive throughout the day. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, fell by 4.3 basis points to 2.280 percent. The strength among treasuries came despite the release of some upbeat economic data, including a Commerce Department report showing a substantial increase in retail sales in the month of September. The Commerce Department said retail sales surged up by 1.6 percent in September after edging down by a revised 0.1 percent in August. Higher gas prices contributed to the jump in retail sales, as sales by gasoline stations soared by 5.8 percent during the month. Closely watched core retail sales, which exclude automobiles, gasoline, building materials..
    Read More
  • The euro declined against its major counterparts in the European session on Friday, after media reports showed that the European Central Bank is likely to extend its asset purchase program into next year, while reducing monthly purchases to 30 billion euros. The ECB officials are considering to trim their monthly bond buying to 30 billion euros from January and extend the program to September, according to Bloomberg. The central bank currently purchases bonds worth ?60 billion per month. The ECB meets on October 26, when it plans to unveil details about winding down its bond-buying program. Investors awaited the U.S. inflation and retail sales reports later in the day for more clues about monetary policy. Final data from Destatis showed that Germany's inflation held steady, as initially estimated, in September. Consumer prices advanced 1.8 percent year-on-year in September, the same rate as seen in August. The rate also matched the estimate published on September 28. The..

    Euro Weakens As Report Shows ECB To Extend QE Into 2018

    The euro declined against its major counterparts in the European session on Friday, after media reports showed that the European Central Bank is likely to extend its asset purchase program into next year, while reducing monthly purchases to 30 billion euros. The ECB officials are considering to trim their monthly bond buying to 30 billion euros from January and extend the program to September, according to Bloomberg. The central bank currently purchases bonds worth ?60 billion per month. The ECB meets on October 26, when it plans to unveil details about winding down its bond-buying program. Investors awaited the U.S. inflation and retail sales reports later in the day for more clues about monetary policy. Final data from Destatis showed that Germany's inflation held steady, as initially estimated, in September. Consumer prices advanced 1.8 percent year-on-year in September, the same rate as seen in August. The rate also matched the estimate published on September 28. The..
    Read More
  • Martin O’Neill has hinted he is ready to stay on as Republic of Ireland manager whatever happens in the final two games of their World Cup qualifying campaign.O’Neill’s current deal, along with those of his staff, is due to expire once the fate of Ireland’s bid to make it to Russia is confirmed.But asked to what extent the outcome of Thursday’s Group D clash with Moldova – and the trip to Wales which follows it – will have on his decision, he replied: “I think there’s a willingness on both sides (to stay on).Martin O'Neill: Tomorrow is very important. We have put Wales on the back burner and are totally focussed on a tough Moldova game. #COYBIG pic.twitter.com/j7L1hdz78Y— FAIreland (@FAIreland) October 5, 2017“I had a conversation with (Football Association of Ireland chief executive) John (Delaney) not so very long ago and John would like me to continue. I certainly would be looking forward to it.“I don’t think today is the day to discuss it but I must admit that with some ..

    Martin O’Neill hints he is ready to extend Republic of Ireland contract

    Martin O’Neill has hinted he is ready to stay on as Republic of Ireland manager whatever happens in the final two games of their World Cup qualifying campaign.O’Neill’s current deal, along with those of his staff, is due to expire once the fate of Ireland’s bid to make it to Russia is confirmed.But asked to what extent the outcome of Thursday’s Group D clash with Moldova – and the trip to Wales which follows it – will have on his decision, he replied: “I think there’s a willingness on both sides (to stay on).Martin O'Neill: Tomorrow is very important. We have put Wales on the back burner and are totally focussed on a tough Moldova game. #COYBIG pic.twitter.com/j7L1hdz78Y— FAIreland (@FAIreland) October 5, 2017“I had a conversation with (Football Association of Ireland chief executive) John (Delaney) not so very long ago and John would like me to continue. I certainly would be looking forward to it.“I don’t think today is the day to discuss it but I must admit that with some ..
    Read More
  • Samsung Electronics Co Ltd said on Tuesday it plans to invest at least KRW 21.4 trillion ($18.63 billion or roughly Rs. 1,20,732 crores) in South Korea as it seeks to extend its lead in memory chips and next-generation displays for smartphones.The world's biggest memory chip maker by revenue said the spending includes KRW 14.4 trillion by 2021 on its new NAND factory in Pyeongtaek. It will invest KRW 6 trillion in a new semiconductor production line in Hwaseong, but did not elaborate on timing or product.The firm will also add a production line to its NAND plant in Xi'an, China, in response to booming demand for long-term data storage chips. It has not set an investment amount or time frame.Samsung and other memory makers are widely expected to post record profit in 2017 as a persistent shortage and demand for more capability in smartphones and servers lift prices. Industry sources and analysts said the shortage is more acute for NAND chips due to increasing adoption of hi..

    Samsung Plans $18.6 Billion Investment, Seeks to Extend Chip and Display Lead

    Samsung Electronics Co Ltd said on Tuesday it plans to invest at least KRW 21.4 trillion ($18.63 billion or roughly Rs. 1,20,732 crores) in South Korea as it seeks to extend its lead in memory chips and next-generation displays for smartphones.The world's biggest memory chip maker by revenue said the spending includes KRW 14.4 trillion by 2021 on its new NAND factory in Pyeongtaek. It will invest KRW 6 trillion in a new semiconductor production line in Hwaseong, but did not elaborate on timing or product.The firm will also add a production line to its NAND plant in Xi'an, China, in response to booming demand for long-term data storage chips. It has not set an investment amount or time frame.Samsung and other memory makers are widely expected to post record profit in 2017 as a persistent shortage and demand for more capability in smartphones and servers lift prices. Industry sources and analysts said the shortage is more acute for NAND chips due to increasing adoption of hi..
    Read More