Domenica, 24 Settembre, 2017

Silver Prices Drop as Focus Shifts to Jackson hole

The Great Room at the Jackson Lake Lodge in Grand Teton National Park north of Jackson Hole Wyo. More The Great Room at the Jackson Lake Lodge in Grand Teton National Park north of Jackson Hole Wyo. More
Sveva Terracina | 25 Agosto, 2017, 22:35

At 10:49 a.m. ET (1449 GMT), the Dow Jones Industrial Average was up 65.6 points, or 0.3 percent, at 21,849 and the S&P 500 was up 8.3 points, or 0.34 percent, at 2,447.27. Yields move inversely to prices.

The New Zealand dollar was headed for a weekly drop of 1.5 percent after weaker forecasts for economic growth and budget surpluses from Treasury and ahead of headlines out of the central banker's symposium in Jackson Hole. There are fears that Mario Draghi could use the moment at Jackson Hall to step away from the aggressive tone towards tighten monetary policy to ensure flexibility. Should Mr. Draghi not say anything to that effect, the market could take that as a cue to keep buying the euro, he said.

By mid morning, the euro had gained around 0.17 per cent to $1.1784. The Australian dollar fell 0.30% against its USA counterpart to trade at 0.7888.

Yellen's predecessor, Ben Bernanke, signaled a new round of Fed bond purchases in 2010 to try to invigorate a weak US recovery.

The US currency managed to trade higher against the yen for most of the European session and got a small lift after the release of US durable goods data, but that was short-lived. The conference is one of the most famous and important gatherings of central bankers, policy experts, academics, and leading financial market players, so it is closely followed by investors.

Janet Yellen's speech is much anticipated, and could provide further insight into the likelihood of another interest hike in the USA during 2017.


Earlier, Asian stocks picked up momentum after a muted start to Friday's trading.

Video game retailer GameStop (GME) is also moving notably lower in pre-market trading after reporting second quarter earnings that came in below analyst estimates.

The closing level hasn't budged more than 1 bp over the past week and a bit.

Stronger-than-expected data on USA initial jobless claims on Thursday helped the dollar stay positive on the day, but analysts were skeptical those gains could be sustained. Japan's Nikkei 225 Index climbed by 0.5 percent, while Hong Kong's Hang Seng Index jumped by 1.2 percent. Samsung 's de facto leader, Lee Jae-yong, was found guilty of bribing South Korea's president and sentenced to five years in prison on Friday.

OIL: Benchmark U.S. crude lost 2 cents to $47.67 per barrel in electronic trading on the New York Mercantile Exchange while Brent crude, the worldwide standard, slipped 35 cents to $51.53 per barrel in London.

Elsewhere, oil prices gained as Hurricane Harvey barrelled towards the crude-rich Texas coastline, causing the closure and evacuation of platforms.

Consigliato

  • Cohn calls on Trump to crack down on neo-Nazis

    Cohn calls on Trump to crack down on neo-Nazis

    Last week, the influential GOP senator issued one of his strongest rebukes of Trump's leadership thus far in his presidency. UPS (UPS) is one of the businesses pushing for tax reform in order to level the playing field for American businesses.
    After Miggy Brawl, Verlander and Martinez Argue Heatedly, but Why?

    After Miggy Brawl, Verlander and Martinez Argue Heatedly, but Why?

    Yankees reliever Aroldis Chapman had finished his warmup pitches when Cabrera approached home plate and traded words with Romine. The whole issue stems from multiple on-field altercations between the Tigers and Yankees earlier in the season.

    Texas braces for Harvey

    Texas activated 700 National Guard troops, and disaster declarations have already been issued in 30 counties. The storm killed 21 people in Texas, Louisiana and Arkansas, and caused widespread destruction.
  • Totti spopola su Instagram: 1,1 milioni di follower ed eguaglia la Roma

    Totti spopola su Instagram: 1,1 milioni di follower ed eguaglia la Roma

    Gli ho visto fare gol da "falso nueve" di grande qualità, non ho alcun tipo di problema: oenso di conoscerlo abbastanza bene. Sarò contento di salutare Totti , sarà un piacere ritrovarlo e abbracciarlo.
    Pakistan using India as excuse to pursue Afghan policy

    Pakistan using India as excuse to pursue Afghan policy

    The military is unlikely to consider geopolitical concerns in its equations, focusing more towards on-the-ground efforts. It was no accident that, in his speech, Trump talked about its mutual interests with India , a competitor of Pakistan.
    GOP Sen Flake Downplays Feud With Trump, Warns Against Gov't Shutdown

    GOP Sen Flake Downplays Feud With Trump, Warns Against Gov't Shutdown

    A White House spokesman said there are now 470,000 veterans waiting to hear a decision on their appeal claims. McCain was one of three GOP senators to vote against a Republican bill to overhaul parts of Obamacare .
  • Tropical storm Harvey heads for Texas, may become hurricane

    Tropical storm Harvey heads for Texas, may become hurricane

    Back in Texas, the governor has already declared a state of disaster for 30 counties on or near the coast. Leaders said the team could be in Texas for 10 days or more , depending on the need for their services.
    Hamilton rules out Vettel pairing

    Hamilton rules out Vettel pairing

    The Belgian kept his cards close to his chest, only confirming already-established details and not revealing anything new. But it's only Friday and we'll keep working hard like in any Friday, improving to see where we end up tomorrow.
    Dera followers cry, try to block Gurmeet Ram Rahim's convoy in Sirsa

    Dera followers cry, try to block Gurmeet Ram Rahim's convoy in Sirsa

    BB Sandhu, a top police officer, has said that every step will be taken to ensure that the proceedings are carried out peacefully. He was accused of raping two women in the year 2002. "We will bring him (Dera chief) clear and in a smooth manner", the DGP said.
  • Trump tough talk unlikely to move Pakistan

    Trump tough talk unlikely to move Pakistan

    To get rid of the snakes - terrorists - at the bottom of the garden, we could dispel narrow American perception against Pakistan. So they kept dragging the war on and on. "Help build a better future for this country and your own children".
    Samsung heir jailed for five years on corruption charges

    Samsung heir jailed for five years on corruption charges

    The prosecution also claimed that Lee attempted to hide criminal proceeds in the process of purchasing horses for Choi's daughter. Lee Jae-yong , heir apparent and de facto chief of global electronics giant Samsung, was jailed on Friday for five years.
    Eco-friendly idols One with nature

    Eco-friendly idols One with nature

    It begins on the fourth day ( chaturthi ) of the month of Bhadrapada (August-September), the sixth month of the Hindu calendar. Ganesh, the son of Lord Shiva and Parvati, is known as the remover of obstacles and the god of new beginnings.

Pakistan made honest efforts for peace in Afghanistan: FO Pakistan made honest  efforts for peace in Afghanistan: FO But there are very core concerns here for engaging with China and Russian Federation and the Gulf and others in the region. Can you explain who the Haqqani network is and how it began? "That will have to change and change immediately", he said.

At Jackson Hole, Yellen defends post-crisis regulations At Jackson Hole, Yellen defends post-crisis regulations Other majors also weakened with the kiwi underperforming as it tumbled to more than a two-month lows against the greenback. Spot gold was up 0.1 per cent at $1,285.30 an ounce by 0555 GMT, after shedding 0.5 per cent in the previous session.

See new pictures from 'Games of Thrones' season 7 finale See new pictures from 'Games of Thrones' season 7 finale The video also revealed that how the makers made a wight bear and why they wanted to have him in the show since long . With all of that being said, there are a number of directions that " The Dragon and The Wolf " could ultimately go.

U.S. urges India, Pakistan to engage in bilateral dialogue over Kashmir U.S.  urges India, Pakistan to engage in bilateral dialogue over Kashmir That was not the message Trump got from his chief military advisers, Defense Secretary Jim Mattis, national security adviser H.R. All our enemies had to do was wait us out and, in the meantime, kill as many Americans as they could.

United States anxious Pakistan's nuclear weapons could land up in terrorists' hands United States  anxious  Pakistan's nuclear weapons could land up in terrorists' hands China on Thursday said that it valued Pakistan's role in the Afghanistan issue and respects its sovereignty and security concerns. Similarly, in the past U.S. used the soil of Pakistan to fight its war against the erstwhile Soviet Union in Afghanistan .

George Foreman NOW Says Kaepernick 'Deserves a Job' - NFLer LeSean McCoy Disagrees George Foreman NOW Says Kaepernick 'Deserves a Job' - NFLer LeSean McCoy Disagrees What underscores that notion is another discussion McCoy had with the media concerning one Michael Vick . "It is what it is, man". Is he good enough to be on the squad, to even deal with everything that's going on? "He's 10 times better than Kaeperenick".

Thai court to rule on Yingluck's rice subsidy case Thai court to rule on Yingluck's rice subsidy case She would be on the run for the rest of her life, as Thaksin has been, living in self-exile overseas for nearly 10 years now. Hundreds of her supporters turned up outside the Supreme Court in Bangkok on Friday, amid a heavy police presence.

Trump makes nice to Nevada senator he pilloried Trump makes nice to Nevada senator he pilloried CNN aired the speech in its entirety, including the chants of " CNN sucks" from rallygoers. But I won't do it tonight because I don't want to cause any controversy.

Sorteggi fase a gironi Champions League: urna amara per le italiane Sorteggi fase a gironi Champions League: urna amara per le italiane L'urna si pronuncerà a Nyon alle ore 18 . 18,42 - Napoli inserito nel gruppo F con Shakhtar Donetsk e Manchester City . QUARTA FASCIA: Celtic , Feyenoord , RB Lipsia , Maribor , CSKA Mosca , Qarabag , Sporting Lisbona , APOEL Nicosia .

Research Report For Pennsylvania Real Estate Investment Trust (PEI) PEI share have plunged by -45.94% in percentage terms since the start of the year - and retreated -14.65% in the last month. The Company's sales have grown at an average annualized rate of about 14.50% during the past five years.

Pak using India as 'excuse' to support terrorist groups Pak using India as 'excuse' to support terrorist groups A prolonged military campaign in Afghanistan has resulted in destruction and killing of hundreds of thousands of Afghan civilians. That is a critical element of the South Asia strategy, the official told reporters during a conference call.

Champions League Draw: Liverpool To Face Beatable Teams In Group E Champions League Draw: Liverpool To Face Beatable Teams In Group E Manchester City must travel to Ukraine to face Shakhtar Donetsk as well as to Italy to face Napoli and Holland to play Feyenoord . Liverpool will be exciting and bold, with Anfield serving as a crucial weapon in their armoury if they reach the knockout stages.

STARSKY & HUTCH, THE JOKER, Matt Reeves Clarifies DCEU's Connection To THE BATMAN STARSKY & HUTCH, THE JOKER, Matt Reeves Clarifies DCEU's Connection To THE BATMAN For a while there, it looked like Warner Bros. had finally got their sprawling and beleaguered #DCEU under control. Batman is the coolest character in any universe - DC, Marvel and I'm so thrilled to do it.

India to Be Key US Partner in Modernizing Afghanistan - Tillerson India to Be Key US Partner in Modernizing Afghanistan - Tillerson And we need the global community to step up and say, look, if we're going to do this, we're doing it together. Other regional players with strong interest in Pakistan , such as China, should join this effort, he added.

Kane: Braun Strowman Will Be A Big Star Kane: Braun Strowman Will Be A Big Star For Rusev , he might be wishing he was still stuck on the injured list after being fed to the lions since his return. Randy Orton has lost a lot of matches to Jinder Mahal recently so I understand him getting a win - but not this way.