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PRECIOUS-Gold on track for weekly gain on Trump uncertainty; US jobs report awaited
US non-farm payrolls report due at 1330 GMTSilver will recover along with gold in H2, 2025- DBSilver, platinum, and palladium poised for weekly gainsUpdates with mid-session tradingBy Rahul Paswan Jan 10 (Reuters) - Gold prices inched higher on Friday as uncertainty around U.S. President-elect Do
Reuters
Fri, Jan 10
Japan's Nikkei slumps, dragged down by tumble in Uniqlo owner
Updates with closing pricesBy Kevin Buckland TOKYO, Jan 10 (Reuters) - Japan's Nikkei share average sank for a third straight session on Friday, dragged down by a tumble for Uniqlo store chain operator following a disappointing earnings report.Investors were cautious ahead of a closely watched U.Reuters
Fri, Jan 10
TSMC's fourth-quarter revenue handily beats market forecast on AI demand
TAIPEI, Jan 10 (Reuters) - TSMC 2330.TW, the world's largest contract chipmaker, reported on Friday fourth-quarter revenue that easily beat market forecasts and hit its own expectations as it reaped the benefit of artificial intelligence demand.Reuters
Fri, Jan 10
CORRECTED-GRAINS-Chicago soyoil hits seven-week high on clean fuel tax credit hopes
Corrects the unit of measurement for the soybean oil contract to pounds from bushels, the price BEIJING, Jan 10 (Reuters) - Chicago soyoil futures jumped to a seven-week peak on Friday, following expectations for President Joe Biden's administration to release short-term guidance on clean fuel ta...Reuters
Fri, Jan 10
Oil set for third straight weekly gain on winter fuel demand
Jan 10 (Reuters) - Oil prices rose in early Asian trade and were on track for a third straight week of gains with icy conditions in parts of the United States and Europe driving up fuel demand for heating.Brent crude futures LCOc1 climbed 24 cents, or 0.3%, to $77.16 a barrel at 0138 GMT. U.S. West
Reuters
Fri, Jan 10
Lack of Bitcoin allocation could be risky for nations in 2025: Fidelity
Fidelity Digital Assets' Look Ahead report for the crypto market in 2025 highlights key trends expected for the year, including increased Bitcoin adoption by governments worldwide, broader use cases for stablecoins and more app blockchain launches.
Fxstreet
Fri, Jan 10
L.A. mayor, California governor criticized over fires as political clash ensues
Jan 9 (Reuters) - Los Angeles Mayor Karen Bass came under sharp criticism for her response to a series of raging wildfires on Thursday, while President-elect Donald Trump sought to blame California Governor Gavin Newsom for the deadly disaster.Reuters
Fri, Jan 10
Aircraft lessor Avolon sees impact of supply issues lasting a decade
DUBLIN, Jan 10 (Reuters) - A long-running production shortfall by planemakers will underpin supply and demand dynamics that are boosting airline and lessor profits for at least another decade, the head of the world's second-largest aircraft leasing company Avolon said on Friday.Aircraft manufacturerReuters
Fri, Jan 10
China central bank suspends treasury bond buying citing short supply
SHANGHAI, Jan 10 (Reuters) - China's central bank said on Friday it has decided to suspend treasury bond purchases temporarily due to short supply of the bonds. The People's Bank of China said it would resume bond buying depending on supply and demand in the government bond market. (Reporting by ShReuters
Fri, Jan 10
Bitcoin Not Reached ‘Extreme Euphoria’ Phase Yet, Glassnode Reveals
The on-chain analytics firm Glassnode has revealed the level Bitcoin would have to rise to if it has to reach the historical top zone in this pricing model. Bitcoin Hasn’t Surpassed Last MVRV Pricing Band Yet In a new post on X, Glassnode has talked about the extreme euphoria threshold of the ...NewsBTC
Fri, Jan 10
Kinder Morgan shuts two Los Angeles fuel pipelines due to power outages
Jan 9 (Reuters) - Pipeline operator Kinder Morgan Inc KMI.N said that two of its fuel pipelines in Los Angeles have been shut since Jan. 8 due to power outages, as the most destructive wildfires in the city's history continued to burn uncontained on Thursday.Reuters
Fri, Jan 10
Kamala Harris cancels foreign trip due to California wildfires
Adds quote from White House statement and details in paragraphs 2-6By Kanishka Singh and Jasper Ward WASHINGTON, Jan 9 (Reuters) - U.S. Vice President Kamala Harris canceled her upcoming trip to Singapore, Bahrain and Germany due to the ongoing wildfires in California, the White House said on ThuReuters
Fri, Jan 10
