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Dow snaps 5-day slide, but closes off highs after President Trump's protectionist speech

U.S. equities closed higher in choppy trade on Friday after Donald Trump took a protectionist tone in his first speech as president.

Source: CNBC.com

FOREX-Dollar grinds higher as Trump debate deepens

LONDON, Jan 20- The dollar edged higher on Friday, steadying after a volatile week that underlined the growing uncertainty over how Donald Trump will behave after his inauguration as U.S. It turned around early losses to inch up 0.2 percent on the day in morning trade in Europe and stand unchanged for the week. "What is clear is that the risks from Trump are not as...

Source: Reuters

EU wheat exporters make most of reduced supply as rivals face hitches

*Weaker euro, steady Algeria/ Mideast demand help EU exports. *Germany set for good run after brisk start for Romania, UK. PARIS, Jan 20- A weaker euro and healthy demand from importers such as Algeria are helping the European Union clear a reduced export surplus, while currency and logistical headwinds limit competition from big U.S. and Russian crops.

Source: Reuters

CEE MARKETS-Currencies ease ahead of Trump inauguration, data lifts stocks

*Budapest leads stocks rise, its index is near record highs. BUDAPEST/ WARSAW, Jan 20- Central Europe's main currencies traded marginally weaker or flat on Friday ahead of President-elect Donald Trump's inauguration as investors awaited clearer signals on his future policy direction. Budapest led a moderate rise in equities after robust wages figures from...

Source: Reuters

Pound slides after weak retail sales data

LONDON, Jan 20- Britain's pound fell on Friday as weak retail sales data capped one of the most turbulent weeks in decades for the currency. That took the shine off what was an otherwise solid quarter for the UK economy and contrasted with trading reports from major retailers who have mostly reported a strong Christmas season. The pound balked, dropping 0.3...

Source: Reuters

Pound slides after weak retail sales data

LONDON, Jan 20- Britain's pound fell on Friday as weak retail sales data capped one of the most turbulent weeks in decades for the currency. That took the shine off what was an otherwise solid quarter for the UK economy and contrasted with trading reports from major retailers who have mostly reported a strong Christmas season. The pound baulked, dropping 0.3...

Source: Reuters

FOREX-Dollar dips on Yellen comments as debate over Trump effect deepens

LONDON, Jan 20- The dollar inched down on Friday before U.S. President-elect Donald Trump's inauguration, as further comments from Federal Reserve chief Janet Yellen were perceived as less hawkish than what she said the previous day. After a week of volatile moves that have seen investors question the fate of the greenback under Trump, both the dollar and...

Source: Reuters

Turkey can make positives out of living in a 'rough neighbourhood': Deputy PM

Turkish Deputy Prime Minister Mehmet Şimşek explains how his country can play a role when the conflict on its borders is resolved and focus moves to rebuilding.

Source: CNBC.com

Amundi: Why cement means calling time on China’s economic recovery is premature

Rising cement prices were signaling that China’s economic growth will remain stable, said Mo Ji, chief economist for Asia ex-Japan at Amundi, on Wednesday.

Source: CNBC.com

Consumer goods not an issue for US-China ties: Expert

Frank Lavin, CEO of Export Now, says that currencies and dumping pose greater problems.

Source: CNBC.com