Who Is Wesley Mathews? Sherin Mathews’ Father Charged With Missing Texas Toddler’s Murder

Trading 12 jan 2018 Commentaire »
The father of a Texas toddler found dead in October was charged with murder Friday. Wesley Mathews, 37, was indicted on a capital murder charge by a grand jury, according to CBS News. He remained behind bars at the Dallas County Jail on bond of $1 million. “We will be tenacious, we will be persistent, and we will prosecute this case to the fullest,” Dallas County District Attorney Faith Johnson said at a press conference Friday.

Who Is Edgar Ray Killen? Klansman, ‘Mississippi Burning’ Perpetrator Dies In Prison

Trading 12 jan 2018 Commentaire »
One of perpetrators of a particularly infamous hate crime during the civil rights movement died in prison Thursday. Edgar Ray Killen, who was convicted for involvement in the 1964 killings of three civil rights workers in Mississippi, died at the Mississippi State Penitentiary, the Associated Press reported.

Starz Talks ‘Outlander’ Season 5 Renewal, ‘John Wick’ TV Series And More

Trading 12 jan 2018 Commentaire »
Starz held its Television Critics Associate winter panel on Friday, where it announced the latest news about its current shows, like “Outlander” and “American Gods,” and its upcoming shows, including “Sweetbitter” and “Howards End.” Here are all the details about what the premium cable network has planned for this year. “John Wick” Spin-Off TV Series

Apple, Facebook, Google Recently Met With Possible Suppliers For AR Glasses

Trading 12 jan 2018 Commentaire »
Apple just dropped another clue that suggests the company could release augmented reality glasses in the near future. Apple recently met with suppliers that make nuts and bolts required to power AR glasses, according to a Bloomberg report. The meeting, which happened at CES 2018, comes after numerous rumors point to a possible launch of Apple AR glasses.

Winter Storm Hunter: Where Is It Going And When Will It Hit?

Trading 12 jan 2018 Commentaire »
Winter Storm Hunter hit parts of the United States this week, bringing snow and ice to parts of the Tennessee Valley, Ohio Valley and Great Lakes region. The storm arrived Friday in certain areas, accumulating heavy snow, and was set to continue forging onward. The storm was expected to move east Friday night through Saturday, hitting parts of the Northeast in addition to the Tennessee and Ohio Valleys, the Weather Channel reported.

Airplane Skids Off Runway At Airport With Passengers On Board

Trading 12 jan 2018 Commentaire »
An airplane skidded off the runway Friday at Nashville International Airport with passengers still on board.

Judge Allows 6th Grader’s Medical Marijuana Treatment At School

Trading 12 jan 2018 Commentaire »
A Schaumburg, Illinois, school district was given temporary permission Friday by the state’s attorney general’s office to administer medical marijuana to a 6th grade student suffering from seizures as a result of chemotherapy treatment.

Treasuries Close Modestly Lower But Well Off Worst Levels

Trading 12 jan 2018 Commentaire »

After falling sharply early in the session, treasuries regained some ground over the course of the trading day on Friday but still close modestly lower.

Bond prices finished the day in negative territory but well off their worst levels. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, rose by 2.1 basis points to 2.552 percent after reaching an intraday high of 2.594 percent.

The early weakness among treasuries came following the release of a report from the Commerce Department showing retail sales rose in line with economist estimates in the month of December.

The Commerce Department said retail sales increased by 0.4 percent in December after climbing by an upwardly revised 0.9 percent in November.

Economists had expected retail sales to rise by 0.4 percent compared to the 0.8 percent increase originally reported for the previous month.

Excluding auto sales, retail sales still rose by 0.4 percent in December after jumping by 1.3 percent in November. The increase in ex-auto sales also matched estimates.

A separate report from the Labor Department showed consumer prices rose by less than expected in December, reflecting a sharp pullback in energy prices.

The Labor Department said its consumer price index inched up by 0.1 percent in December after climbing by 0.4 in November. Economists had expected prices to rise by 0.2 percent.

Meanwhile, the report said core consumer prices, which exclude food and energy prices, increased by 0.3 percent in December after ticking up by 0.1 percent in November. Core prices had been expected to rise by 0.2 percent.

The Labor Department said the annual rate of consumer price growth slowed to 2.1 percent in December from 2.2 percent November, although the annual rate of core price growth accelerated to 1.8 percent from 1.7 percent.

Paul Ashworth, Chief U.S. Economist at Capital Economics, predicted base effects will keep core inflation low in the first few months of 2018.

"Once spring comes around, however, the big declines in components like wireless telephone services prices will drop out of the annual calculation and the core inflation rate will rebound well above 2%," he added.

Following the long, holiday weekend, reports on industrial production, housing starts, consumer sentiment, and regional manufacturing are likely to attract attention next week.

The Federal Reserve is also due to release its Beige Book, a compilation of anecdotal evidence on economic conditions in the twelve Fed districts.


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Dollar Sinks To 3-Year Low Against Euro

Trading 12 jan 2018 Commentaire »

The dollar is losing ground against all of its major rivals Friday afternoon. The losses are more pronounced in comparison to its major European rivals after the developments of the last few days.

The Euro rallied to a 3-year high against the dollar Friday after German politicians reached a breakthrough in talks aimed at forming a new coalition government. The currency initially jumped on Thursday after the minutes from the most recent meeting of the European Central Bank revealed that the central bank could change the tone of its monetary policy communication early this year to reflect the improvement in growth prospects.

A report released by the Commerce Department on Friday showed U.S. retail sales rose in line with economist estimates in the month of December. The Commerce Department said retail sales increased by 0.4 percent in December after climbing by an upwardly revised 0.9 percent in November.

Economists had expected retail sales to rise by 0.4 percent compared to the 0.8 percent increase originally reported for the previous month.

Reflecting a sharp pullback in energy prices, the Labor Department released a report on Friday showing U.S. consumer prices rose by less than expected in the month of December. The Labor Department said its consumer price index inched up by 0.1 percent in December after climbing by 0.4 in November. Economists had expected prices to rise by 0.2 percent.

Business inventories in the U.S. increased by slightly more than anticipated in the month of November, according to a report released by the Commerce Department on Friday. The report said business inventories climbed by 0.4 percent in November, while economists had expected inventories to rise by 0.3 percent.

The dollar has tumbled to over a 3-year low of $1.2178 against the Euro Friday afternoon, from an early high of $1.2039.

France's consumer prices increased at a steady pace in December, final data from the statistical office Insee showed Friday. Consumer prices climbed 1.2 percent year-on-year in December, the same pace of increase as seen in November and in line with flash estimate.

The buck has dropped to an 18-month low of $1.3735 against the pound sterling Friday afternoon, from an early high of $1.3537.

The greenback has slipped to over a 1-month low of Y111.040 against the Japanese Yen this afternoon, from a high of Y111.692 this morning.

Japan posted a current account surplus of 1.347 trillion yen in November, the Ministry of Finance said on Friday, down 5.6 percent on year. That was shy of expectations for a surplus of 1.836 trillion yen and down from 2.176 trillion yen in October.

A measure of peoples' assessment of the Japanese economy decreased unexpectedly in December, though marginally, survey figures from the Cabinet Office showed Friday.

The current index of Economy Watchers' survey dropped to 53.9 in December from 54.1 in November. Meanwhile, economists had expected the index to improve to 55.1.


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Crude Oil Prices Rose Every Day This Week

Trading 12 jan 2018 Commentaire »

Crude oil futures rose Friday, ending the week at the highest level in more than three years.

Prices have surged due to a weak U.S. dollar, falling oil inventories, and OPEC's supply quota deal with Russia. Political upheaval in Iran also helped oil's rally.

Baker Hughes said U.S. energy companies added 10 oil rigs this week, the biggest increase since June, in response the the rally in oil prices. It the first weekly rise in five weeks.

Feb. WTI oil rose 50 cents, or 0.8%, to settle $64.30/bbl. Prices rose every day this week, and were up 5.7%.

The Commerce Department said retail sales increased by 0.4 percent in December after climbing by an upwardly revised 0.9 percent in November.

Economists had expected retail sales to rise by 0.4 percent compared to the 0.8 percent increase originally reported for the previous month.

A separate report from the Labor Department showed consumer prices rose by less than expected in December, reflecting a sharp pullback in energy prices.

The consumer price index inched up by 0.1 percent in December after climbing by 0.4 in November. Economists had expected prices to rise by 0.2 percent.


The material has been provided by InstaForex Company - www.instaforex.com