Risk appetite props up dollar after worst week in two months
12 September, 2017, 00:50 | Author: Barbara Daniel
Stocks in Canada's largest centre enjoyed gains, temporarily reversing a string of losses, on the weakening of Hurricane Irma overnight and North Korea refraining from a missile test to mark its 69th anniversary, with financial stocks and Tahoe Resources leading the rally.
Some analysts had expected North Korea to conduct a weapons test on Saturday, coinciding with the country's founding day, as it did a year ago to mark the celebration.
The news of the talks on Sunday helped offset the downward pressure on oil prices amid worries that energy demand would be hit hard by Hurricane Irma.
On Friday, US markets ended mixed and fairly subdued, with the Dow Jones Industrials adding just 13 points at 21,797, while the broader S&P 500 index and tech-laden Nasdaq both ended modestly lower as investors waited to see what impact Hurricane Irma will have on Florida. But Pyongyang did not carry out another test of an intercontinental ballistic missile, as South Korea's government had warned it might do. The storm will move into Georgia and Alabama Monday night and into Tuesday.
STORMY WEATHER: Investors were waiting for damage assessments after Hurricane Irma battered Florida's coastline, knocking out power to millions and flooding the financial district in downtown Miami and toppling two construction cranes there. Petersburg area, though in a weakened state.
As the start of USA trading neared, Irma had weakened to a tropical storm and was expected to slow to a tropical depression by today.
MARKET INSIGHT: "This weekend was a case of the dog that didn't bark, or at least, not very loudly", said Rob Carnell, head of Asia research at ING. Traditional haven assets, such as gold and the Japanese yen pulled back on Monday, while equities saw marked gains, led by a 1.4% gain for the Nikkei 225 index. XL Group advanced $1.92, or 5 percent, to $40.53 and Travelers gained $3.25, or 2.7 percent, to $123.01. Australia's S&P/ASX 200 added 0.7 percent to 5,713.10.
CURRENCIES: The dollar strengthened as the latest developments gave traders less reason to flee to the yen, traditionally considered a haven. The yen and the Swiss franc, which traditionally rise when markets are volatile, both fell against the US dollar. The euro slid to $1.1964 from $1.12028.
About 6 billion shares changed hands in US exchanges, above the 5.8 billion daily average over the last 20 sessions. Brent crude, used to price worldwide oils, slipped 5 cents to $53.73 a barrel in London.
McSorley finished 15-for-28 for 164 yards, three touchdowns and one interception, but completed just six passes to receivers. Quarterback Max Browne - former USC starter - got Hall the ball right behind the end zone, and Penn State was ready.
Pam Brekke lives 30 minutes from Orlando , a city right smack dab in the middle of the path of Hurrican Irma. On Friday, Santiago returned to Lowe's with WFTV to get his own generator for free from the store.
Defensively, Fresno State football yields 0 points and 125.0 total yards, 155.0 in passing and -30.0 in rushing per game. With 231 yards of total offense in the first half, Hurts surpassed 4,000 yards of total offense in his Alabama career.
We are just happy that after a long time Pakistani cricket fans can watch worldwide action at home", Du Plessis said. The streets of Lahore were swathed in posters of the visiting players and advertisements for the matches.
Nunes scored a takedown in the final minute when Shevchenko went for a head-and-arm throw and failed to complete it. Nunes said that he recommended she not fight until she undergoes surgery to fix the sinusitis issue.
Download the Team USA app today for breaking news, Olympic and Paralympic team bios, videos and more . Coming back to the final, it was Keys who won the first game in the opening set. "It's incredible.
The Xbox Store has gone live with a game page for Destiny 2 Expansion I: Curse of Osiris , confirming reports heard last week. So it sounds like the "Infinite Forest" will be a brand new zone filled with new story quests and plenty of side content.
China is planning to ban the production of diesel and petrol cars, a move which is of serious source of concern for Nigeria. Large auto maker GAC Motor broke ground on a $6.5 billion electric vehicle park earlier this year.
She also noted the wind was blowing away from the shoreline on Saturday which is why water has not filled the void yet. It is expected to make landfall Sunday, hitting the Florida Keys, southwestern Florida and the Tampa Bay area.
As well as defiance, the mood at the event had a mixture of pride, catharsis, pure enjoyment - and, for some, trepidation. Suicide bomber Salman Adedi detonated a device as people began leaving Grande's show at Manchester Arena on May 22.
Rohingyas have fled to Bangladesh
The Turkish President also expressed readiness to work with the governments of Bangladesh and Myanmar to prevent cruelty toward the Muslim minority.
Odell Beckham Jr. a game-time decision vs. Cowboys
In the NY area, it can be heard on WCBS 880 with Bob Papa and Carl Banks on the call, Howard Cross reporting from the sidelines. Cowboys opened a solid 6, public early on backed the Giants and did so all summer long.
Here we go again: Trump threatens to withdraw from KORUS
Fischer wrote: "During this challenging time, we must demonstrate solidarity with our allies as they face significant threats". But the threat to the agreement from inside the USA , where many have cited trade deficit figures, has not been neutralized.
Stafford's 4 TDs lead Lions over Cardinals
Golladay not only caught the ball - with a high degree of difficulty - but he did it while falling into the end zone, too. And second-year defense end Anthony Zettel posted the Lions' only sack of the game, and just the second of his career.
4 quick things I learned from Auburn vs. Clemson
Of course, Auburn's attack is predicated on powerful running, but there was little to no success to be had there either. Clemson (2-0) used 11 sacks defensively to stifle the Auburn (1-1) offense on their way to a 14-6 win in Death Valley.
UberX Plans to Go All-Electric in London by 2019
" Londoners already know many cars on our app are hybrids, but we want to go much further and go all electric in the capital ". Diesel-powered cars on the app's other services, such as UberXL for larger cars, will also be banned from 2020 in the capital.