How To Stream MLB Games: Facebook To Air 25 Games In 2018

Trading 09 mar 2018 Commentaire »
With opening day right around the corner, Facebook announced Friday that it reached a deal with Major League Baseball (MLB) for the exclusive rights to steam 25 afternoon games on the social networks' video platform. The agreement marks the first exclusive deal between Facebook and a professional sports league in the United States. Neither Facebook nor MLB disclosed the terms of the agreement, but Bloomberg reported the deal was priced at between $30 million to $35 million.

COLOMBIA: Poll Shows Petro And Duque Lead Electoral Race In A Technical Tie

Trading 09 mar 2018 Commentaire »

Colombian presidential candidates Gustavo Petro (Human Colombia) and Iv?n Duque (Democratic Center) are in a technical tie in voting intentions for the next presidential elections in May, according to a survey conducted by the National Center of Consultancy (CNC) and released by CM&.

According to the survey, Petro, a former mayor of Bogot?, leads with 21%, trailed by senator Duque, with 18%. The difference is within the margin of error, which is 3.6 percentual points above or below.

In third place comes Sergio Fajardo, from Coalici?n Colombia, with 12%, while Marta Luc?a Ram?rez is in fourth place, with 11%. Below the 10% voting intention are the former vice president of the government of Juan Manuel Santos, Germ?n Vargas Lleras, with 7%, and the former negotiator in peace talks with the guerrillas, Humberto de la Calle, with 4%.

Colombian voters go to polls Sunday to elect a new Congress.


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LATAM CALENDAR: Economic Data Expected In Latin America Next Week

Trading 09 mar 2018 Commentaire »

Here is a list of economic data releases expected for the next week in Latin America. All times are Eastern Time (ET). Monday, March 12

<> No relevant data expected.

Tuesday, March 13

<> Brazil: the January retail sales data will be published at 8 AM by the national statistics office (IBGE).

<> Mexico: the January industrial output data will be published at 10 AM by the national statistics office (INEGI).

<> Argentina: the monetary policy decision statement will be published at 4 PM by the central bank.

Wednesday, March 14

<> Colombia: the February industrial output data will be published at 11 AM by the national statistics office (DANE).

<> Argentina: the February consumer price index will be published at 3 PM by the national statistics office (Indec).

Thursday, March 15

<> Argentina: the February construction cost index will be published at 3 PM by the national statistics office (Indec).

<> Colombia: the March heavy construction cost index will be published at 3 PM by the national statistics office (DANE).

<> Colombia: the March housing construction cost index will be published at 3 PM by the national statistics office (DANE).

<> Argentina: the February wholesale price index will be published at 3 PM by the national statistics office (Indec).

<> Colombia: the February consumer confidence index will be published by the Fedesarrollo.

Friday, March 16

<> Brazil: the January retail sales data will be published at 8 AM by the national statistics office (IBGE).


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COLOMBIA: Government To Request Exemption From U.S. Duties On Steel, Aluminum

Trading 09 mar 2018 Commentaire »

Colombia expressed its concern to the United States regarding the duties imposed by President Donald Trump on steel and aluminum imports.

On a state visit to Washington DC, the Finance Minister, Mauricio C?rdenas, and the Minister of Commerce, Industry and Tourism, Mar?a Lorena Guti?rrez, said that they will request to the U.S. an exemption from the new import duties on aluminum (10%) and steel (25%) adopted by the American government. C?rdenas and Guti?rrez stressed that they would request that the exemption is granted in the shortest time possible.

The new duties, which will take effect in 15 days, should exclude some countries, such as Canada and Mexico, for which tariffs are conditional upon the conclusion of the renegotiations of the North American Free Trade Agreement (NAFTA).

Earlier, the Argentinean government also said that it would request an exemption from the new duties.


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Everything We Know About Barack And Michelle Obama’s Netflix Shows

Trading 09 mar 2018 Commentaire »
Former United States President Barack Obama is reportedly in “advanced negotiations” with Netflix to be the centerpiece of at least one show on the popular streaming platform, the New York Times reported. Former First Lady Michelle Obama would also be included in the ambitious and unprecedented media deal.

Dollar Little Changed Despite Strong Employment Growth

Trading 09 mar 2018 Commentaire »

The dollar is turning in a mixed performance against its major rivals Friday afternoon, but remains little changed overall. Investors were pleased by the stronger than expected increased in February employment, but were concerned over the slowdown in the pace of wage growth.

Job growth in the U.S. saw a significant acceleration in the month of February, according to a report released by the Labor Department on Friday, although the report also showed a slowdown in the pace of wage growth.

The Labor Department said non-farm payroll employment surged up by 313,000 jobs in February after jumping by an upwardly revised 239,000 jobs in January. Economists had expected employment to climb by 200,000 jobs, matching the increase originally reported for the previous month.

Despite the substantial job growth, the unemployment rate held at 4.1 percent in February. The unemployment rate had been expected to dip to 4.0 percent.

The Labor Department also said average hourly employee earnings edged up by $0.04 or 0.1 percent to $26.75 in February after rising by $0.07 or 0.3 percent to $26.71 in January.

The annual rate of growth in average hourly employee earnings slowed to 2.6 percent in February from 2.8 percent in January.

Wholesale inventories in the U.S. increased by slightly more than expected in the month of January, a report from the Commerce Department revealed on Friday. The Commerce Department said wholesale inventories climbed by 0.8 percent in January after rising by an upwardly revised 0.7 percent in December.

Economists had expected inventories to rise by 0.7 percent compared to the 0.4 percent increase originally reported for the previous month.

The dollar slipped to a low of $1.2333 against the Euro Friday, but has since bounced back to around $1.23.

Germany's industrial production dropped unexpectedly in January, figures from Destatis revealed Friday. Industrial output fell 0.1 percent month-on-month in January, confounding expectations for an increase of 0.7 percent. Nonetheless, the pace of decline was slower than the revised 0.5 percent fall logged in December.

Germany's exports as well as imports declined in January from the previous month, Destatis reported Friday.

Exports decreased 0.5 percent on a monthly basis after staying flat in December. Shipments were expected to gain 0.3 percent.

Similarly, imports fell 0.5 percent in contrast to December's 1.1 percent increase. Economists had forecast a 0.2 percent drop in January.

Consequently, the trade surplus remained unchanged at a seasonally adjusted EUR 21.3 billion.

France's industrial production declined more than expected in January, figures from the statistical office Insee showed Friday. Industrial production fell 2 percent in January from December, when it climbed 0.2 percent. Production was expected to drop 0.3 percent.

The buck dropped to a low of $1.3888 against the pound sterling Friday, but has since rebounded to around $1.3845.

UK industrial production rebounded in January on oil and gas extraction, while construction output contracted notably, official data showed Friday. Industrial output grew 1.3 percent month-on-month in January, offsetting December's 1.3 percent decrease, the Office for National Statistics reported.

A similar faster growth was last seen in December 2016. Output was forecast to grow 1.5 percent in January.

The UK visible trade deficit increased as the pace of growth in imports exceeded exports growth in January, the Office for National Statistics showed Friday. The visible trade gap widened to GBP 12.32 billion in January from GBP 11.77 billion in the previous month. The shortfall was seen at GBP 11.9 billion.

The Bank of Japan kept its monetary stimulus unchanged as widely expected on Friday. Governor Haruhiko Kuroda and his board members decided by an 8-1 majority vote to hold its target of raising the amount of outstanding JGB holdings at an annual pace of about JPY 80 trillion.

The greenback reached a high of Y107.048 against the Japanese Yen Friday, but has since eased back to around Y106.800.

The average of household spending in Japan was up 2.0 percent on year in January, the ministry of Internal Affairs and Communications said on Friday, coming in at 289,703 yen. That beat forecasts for a fall 0.8 percent on year after easing 0.1 percent a month earlier.

Total labor cash earnings in Japan increased for the sixth straight month in January, in line with expectations, preliminary report from the Ministry of Health, Labor and Welfare showed Friday. Gross earnings climbed 0.7 percent year-over-year in January, slower than the 0.9 percent rise in December, which was revised up from 0.7 percent.


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Bond Prices Give Back Ground On Upbeat Jobs Data

Trading 09 mar 2018 Commentaire »

After ending the previous session modestly higher, treasuries moved back to the downside during trading on Friday.

Bond prices came under pressure early in the session but regained some ground as the day progressed. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, rose by 2.8 basis points at 2.894 percent.

The pullback by treasuries came after the Labor Department released a report showing much stronger than expected job growth in February.

The Labor Department said non-farm payroll employment surged up by 313,000 jobs in February after jumping by an upwardly revised 239,000 jobs in January.

Economists had expected employment to climb by 200,000 jobs, matching the increase originally reported for the previous month.

Despite the stronger than expected job growth, the unemployment rate held at 4.1 percent in February. The unemployment rate had been expected to dip to 4.0 percent.

The report also said the annual rate of growth in average hourly employee earnings fell to 2.6 percent in February from 2.8 percent in January.

Easing geopolitical concerns also reduced the appeal of treasuries amid news President Donald Trump has agreed to meet with North Korean leader Kim Jong-Un.

In a post on Twitter, Trump said, "Kim Jong Un talked about denuclearization with the South Korean Representatives, not just a freeze. Also, no missile testing by North Korea during this period of time."

"Great progress being made but sanctions will remain until an agreement is reached," he added. "Meeting being planned!"

The meeting between Trump and Kim would be the first between a sitting U.S. president and a North Korean leader.

Next week's trading is likely to be impacted by reaction to a slew of U.S. economic data, including reports on consumer and producer price inflation, retail sales, regional manufacturing activity, housing starts and industrial production.

Bond traders are also likely to keep an eye on the results of the Treasury Department's auctions of three-year and ten-year notes and thirty-year bonds.

The Treasury plans to sell $28 billion worth of three-year notes and $21 billion worth of ten-year notes next Monday and $13 billion worth of thirty-year bonds next Tuesday.


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Crude Oil Rebounds For Weekly Gain

Trading 09 mar 2018 Commentaire »

Crude oil prices rallied Friday amid data showing the U.S. rig count dropped for the first time in seven weeks.

April WTI crude added $1.92, or 3.2%, to settle at $62.04 a barrel on the New York Mercantile Exchange. Prices were up 1.3% for the week.

Baker Hughes said the number of active U.S. rigs drilling for oil fell by four to 796 this week.

Meanwhile, upbeat U.S. jobs data raised the prospects for demand from the world's largest consumer of energy products.

The U.S. created 313,000 new jobs in February, the biggest gain since mid-2016. However, the 12-month increase in worker pay declined to 2.6% from 2.8%, a sign that wages may not be rising as quickly as imagined.


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‘Agents Of SHIELD’ EP Hopeful For Season 6 Renewal, ‘Grateful’ For Fans

Trading 09 mar 2018 Commentaire »
“Marvel’s Agents of S.H.I.E.L.D.” will hit a major milestone Friday night: the 100th episode, and Marvel TV boss and executive producer Jeph Loeb couldn’t be prouder. Loeb, who called the feat “so fantastic,” helped launch the ABC drama in 2013 as the first TV show set in the Marvel Cinematic Universe. Since then, Marvel TV has created nearly a dozen series set in the MCU. While the veteran comic book drama hasn’t been a ratings juggernaut, they certainly have a dedicated fanbase.

FIBRIA: There Are Still Pending Issues Regarding Merger With Suzano

Trading 09 mar 2018 Commentaire »

There are still pending issues regarding the merger between Fibria and Suzano, the Brazilian papermills said in a joint statement in response to a report by the Valor Economico newspaper stating that a deal was imminent.

"There are negotiating issues pending definition, which affect the operation and its conditions, including financial and structural issues, which is why it is not possible to validate the truth of the report," Fibria and Suzano said.

According to the paper mills, "there is no guarantee that the potential operation between both companies will materialize."

Suzano and Fibria confirmed in February a preliminary discussion on a potential deal between the companies.


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