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Day: March 10, 2017
Venezuelan authorities said Friday they have found the decomposing remains of three people inside the country’s biggest prison, five months after violent clashes among inmates forced its closure.The two skulls and bones found in the prison at San Juan …
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Moscow has urged US intelligence services to provide a detailed and open response to WikiLeaks’ accusations of CIA hacking activities as #Vault7 constitutes a serious threat to international security, Foreign Ministry spokeswoman Maria Zakharova said.
Read Full Article at RT.com
Ed Sheeran smashed a host of British pop records on Friday, taking the top five places in the singles charts and all 16 songs from his new album in the top 20.”Divide” is the fastest-selling album by a male artist ever in Britain, shifting 672,000 copi…
World stock markets were mostly higher Friday as investors welcomed strong US jobs data which all but sealed a Federal Reserve rate hike next week.
Wall Street and most European equity markets traded firm in response to the American economy generating 235,000 new jobs in February, well above what economists had forecast.
This was the missing piece of the puzzle Fed watchers were waiting for to make tighter credit a near-certainty when the US central bankers meet next week.
Lower-than-expected wage rises kept a few doubts alive, but mostly the jobs report hit the spot, analysts said.
Upbeat New York helped key European markets hold onto most of their early gains. London and Paris were up at the end of European trading, but Frankfurt slipped a smidgen into negative territory just before the closing bell.
Earlier, Japan’s Nikkei jumped 1.5 percent, with declines in the yen boosting exporters.
“Today’s US jobs report was more than adequate to justify a rate hike next week,” said Craig Erlam at Oanda.
– ‘Won’t bottle it’ –
“The only thing standing in the way of a rate hike now is the Fed itself,” he said, “but after its efforts over the last few weeks, surely even it won’t bottle it now.”
Higher interest rates are not in themselves reason for cheer in the stock market as borrowing costs rise, but analysts said rate rises are a much-needed token of Fed confidence in the US economy in times of uncertainty, including over President Donald Trump’s economic program.
“After all, monetary policy is set to be tightened further against the backdrop of strengthening US and global economies,” said Oliver Jones at Capital Economics.
Investors are “still unwilling to bet against higher prices despite strong odds of a rate increase in the US next week”, LCG analyst Jasper Lawler said of global stock markets.
Elsewhere, oil prices were back on a slippery slope, having earlier Friday recovered ground after sharp mid-week losses. US oil prices dropped 79 cents to $48.49 per barrel, its lowest level since late November.
Worries about a global supply glut, increased US production and questions about an OPEC-Russia led drive to cut output are keeping oil traders on edge.
– Key figures around 2200 GMT –
New York – Dow: UP 0.2 percent at 20,902.98 (close)
New York – S&P 500: UP 0.3 percent at 2,372.60 (close)
New York – Nasdaq: UP 0.4 percent at 5,861.73 (close)
London – FTSE 100: UP 0.4 percent at 7,343.08 (close)
Frankfurt – DAX 30: DOWN 0.1 percent at 11.963.18 (close)
Paris – CAC 40: UP 0.2 percent at 4,993.32 (close)
EURO STOXX 50: UP 0.3 percent at 3,420.54
Tokyo – Nikkei 225: UP 1.5 percent at 19,604.61 (close)
Hong Kong – Hang Seng: UP 0.3 percent at 23,568.67 (close)
Shanghai – Composite: DOWN 0.1 percent at 3,212.76 (close)
Euro/dollar: UP at $1.0672 from $1.0576 Thursday
Pound/dollar: UP at $1.2169 from $1.2162
Dollar/yen: DOWN at 114.78 yen from 114.98 yen
Oil – Brent North Sea: DOWN 82 cents at $51.37 per barrel
Oil – West Texas Intermediate: DOWN 79 cents at $48.49 per barrel
Cyclone Enawo killed 38 people, injured 180 others and displaced 53,000 after it slammed into Madagascar earlier this week, the national disaster management agency said Friday.The toll issued by the BNGRC agency was significantly higher than the earlie…
Iraq’s UN envoy said Friday there was no evidence that the Islamic State group had used chemical weapons in the battle for Mosul.Ambassador Mohamed Alhakim said he conveyed the information to the United Nations after speaking with his government in Bag…
George North silenced his critics with a brace of tries that saw Wales run out 22-9 winners over Ireland in Cardiff on Friday to end the visitors’ hopes of a tilt at the Six Nations title.The result means England will be crowned Six Nations champions s…
American Mikaela Shiffrin tightened her grip on the overall women’s alpine World Cup points lead Friday by winning the giant slalom race at Squaw Valley, California.Shiffrin had the fastest time on the opening run at the 1960 Winter Olympic site in 1:0…
Juventus went 11 points clear in Italy on Friday when a contentious injury time penalty gave them a 2-1 win over 10-man AC Milan and a 31st successive home triumph.The defending champions looked set to be held by their old rivals, who had stunned the 3…
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African bishops have asked Radio Vatican, the official radio of the pope, to restore shortwave transmissions to the continent, the Catholic agency Fides reported on Friday.Catholics are estimated to number more than 150 million in Africa, the poorest o…
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More than half of schoolchildren have quit class in some parts of Niger due to drought which is forcing entire families of farmers to move to seek better pastures, the UN said Friday.Some 33,000 farmers’ children have abandoned class to follow their pa…
Australian Open quarter-finalist Johanna Konta held off Heather Watson in an all-British battle Friday to secure a third-round berth in the Indian Wells WTA hard court tournament.As the 32 seeded women who enjoyed first-round byes hit the courts in the…
FBI counterintelligence teams and computer scientists continue to investigate whether a Trump Organization computer server had a back channel connection to a Russian bank, US media reported on Friday.
Five nuclear power plants in Germany were briefly shut down after a commercial plane lost radio contact while flying over German airspace. Read Full Article at RT.com
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