Business events scheduled for the coming week WASHINGTON- Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON- Labor Department releases second-quarter productivity data, 8:30 a.m.; Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..
Source: The Associated Press
| By: By The Associated Press
COLUMN-Worried about China? Ask a metals trader: Andy Home LONDON, Aug 26- Everyone's worried about China. But while the rest of the world seems shocked that all is not as it should be in the industrial powerhouse that is China, metal traders have been grappling all year with the implications of a Chinese slowdown. Right now sentiment is king across all markets with fear and panic breeding more fear and panic, but industrial...
| By: Andy Home
Sell-off made in China: Expert Anastasia Amoroso, J.P. Morgan Funds, says a slower China is a real problem for commodities and the market turmoil is not about U.S. weakness.
Nikkei tumbles 4 percent after wild day of trading TOKYO, Aug 25- Japanese stocks fell for a sixth consecutive day on Tuesday in a volatile session that saw indexes seesaw between losses and gains before retreating late in the session on worries about China's slowing economy. The benchmark index opened down 2 percent, clawed its way back into the black by lunch and then fell sharply again in afternoon as...
| By: Joshua Hunt
GRAINS-Soybean prices edge higher, rebound off more than 6-yr low SYDNEY, Aug 25- U.S. soybean prices climbed on Tuesday, rebounding from their lowest in more than six years, but worries over economic growth in key buyer China kept gains in check. *Chicago Board of Trade front-month soybeans rose 0.31 percent to $8.95-1/ 2 a bushel, having slumped 1.3 percent in the previous session when they touched a more than a six-year low.