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Daily Market Report
for 16/12/2017
US-Focused Japanese Yen Market Looks Past Quite Solid Tankan
15 Dec 2017 13:22 DailyFX
Overall this was a modestly positive snapshot of the Japanese corporate mood and even the outlooks could probably be classed as quite impressive given the unusual levels of geopolitical uncertainty which prevail.  more...
Indian Rupee: Surges On Exit Poll Predictions
15 Dec 2017 18:15 Indiainfoline
The Indian rupee climbed higher against the dollar in early trades on Friday, 15 December 2017 on exit poll findings that the BJP is set to win in Gujarat and Himachal Pradesh assembly elections.  more...
Dollar stutters on wrangling over tax bill, euro hit by ECB stance
15 Dec 2017 14:07 Reuters
That said, even if the tax bill is passed and becomes law, the positive impact on the dollar could be limited as the market has already priced in such a scenario for the most part,” Kadota at Barclays said.  more...
In Jakarta, flood-hit slum residents aim for a higher, drier future
15 Dec 2017 18:48 TODAYonline
The Indonesian government is trying to address the growing problem by demolishing homes in flood-prone areas like Muara Angke to make way for new, affordable housing, said Mr Muhammed Andri, head of the Penjaringan district in northern Jakarta.  more...
CBA's Vittoria Shortt to take up ASB reins in February
15 Dec 2017 16:06 Scoop
Dec. 15 (BusinessDesk) - Commonwealth Bank of Australia group marketing and strategy executive Vittoria Shortt will take charge of the lender's New Zealand subsidiary ASB Bank in February.  more...
Pemba Capital walks away from $40.4 mln Smartpay takeover
15 Dec 2017 16:10 Scoop
Dec. 15 (BusinessDesk) - Australian investment firm Pemba Capital Partners won't go ahead with plans to buy payment terminal provider Smartpay Holdings for $40.4 million after wrapping up due diligence.  more...
The Merino Company turns to an annual loss
15 Dec 2017 19:51 Scoop
Dec. 15 (BusinessDesk) - The Merino Company turned to a loss last financial year after undergoing a major restructuring that saw it exit textile manufacturing in New Zealand to focus on growing its innovative wool spinning and colour technology ...  more...
Legal & General Group Plc Buys 232309 Shares of Boston Scientific Corporation ...
15 Dec 2017 14:41 The Ledger Gazette
Legal & General Group Plc grew its holdings in shares of Boston Scientific Corporation (NYSE:BSX) by 3.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC.  more...
China's yuan inches up, set for winning week amid dollar weakness
15 Dec 2017 17:52 Kitco News
Domestic traders said seasonal corporate demand for the greenback at mid-month continued to cap gains in the Chinese currency. "A scenario where the dollar continues to find itself under selling pressure amid low inflation concerns in the U.S., could ...  more...
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