$1 Trillion of Bonds Exit Negative-Yielding Zone in 8 Days

Global Markets Stocks resume ascent on earnings hopes euro gets lift from ECB

While economic growth is robust, inflation is certainly missing. The euro was up 0.77 percent to $1.2037, on pace for its biggest single-day percentage gain against the greenback in about two months.

The ECB has pledged to continue its bond purchase programme at least until September and investors expect any rate increase to take place next year. The Baker-Hughes rig count will be released tomorrow along with retail sales data and the latest consumer price index (CPI) in the U.S. France and India will also report CPI on Friday.

The ECB's December 2017 meeting showed that the ECB must reconsider its policy in early 2018, and gradually adjust its language to reflect improved growth prospects.

The U.K.'s FTSE 100 index edged up 0.1% to 7,772.85, on track for another record closing high.

MSCI's broadest gauge of the world's stock markets hit yet another record high and was on track to rise for its eighth of the nine business days so far this year - for a total increase of 3.5 per cent. The Australian dollar rose to $0.7891, from $0.7842, but shied away from stiff chart resistance at $0.7900.

MARKET CALM: Global equity markets settled after some turmoil earlier in the week sparked by a news report that China might slow or halt purchases of U.S. Treasurys, which Beijing later challenged.

The benchmark 2-year U.S. Treasury yield rose to its highest level since 2008 on Wednesday, after Bloomberg News reported that officials in Beijing had recommended that China's government lower - or even potentially cease - its buying of U.S. sovereign debt.

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USA government debt yields slipped Thursday but held near highs after the European Central Bank said it may adjust its guidance to investors given the strength in the European economy.

In the USA bond market, benchmark 10-year notes last fell 3/32 in price to yield 2.5605 percent, from 2.549 percent late on Wednesday.

In the other precious metals, the spot silver price rose $0.12 to $17.095-17.115 per oz.

Trading got under way with news that German Chancellor Angela Merkel's conservative CDU party has reached an initial deal with Martin Schulz's center-left SPD for formal coalition negotiations. Japan's Nikkei, however, dropped for a third day, shedding 0.2 per cent for the day and 0.3 per cent for the week.

The program was launched three years ago and since then, the ECB's portfolio of assets has ballooned to the realm of trillions of Euros. In precious metals, gold edged up 0.4% without any major news behind the move, likely boosted by the softer United States dollar.

Brent crude futures settled 6 cents higher at $69.26 a barrel, after hitting $70.05 a barrel during the session, its highest level since November 2014.

National Football League reportedly investigating whether Raiders violated Rooney Rule in hiring Jon Gruden
Raiders general manager Reggie McKenzie said Tuesday he interviewed two minority candidates before Gruden's hiring was announced. Gruden coached the Raiders from 1998 to 2001 before being traded to the Tampa Bay Buccaneers and capturing Super Bowl XXXVII.

Queen Elizabeth's bra-fitter says book cost the company royal its warrant
The author and bra-fitter wrote: "I never met William or Harry - though ( Princess Diana ) was always talking about them". Buckingham Palace declined to comment. 29 years later she sold her stake for £8million, the Daily Mail reported.

La sexta etapa del Rally Dakar fue para el español Carlos Sainz
Tras culminar la etapa, la primera en suelo boliviano, Sainz se encuentra ahora a 27:10 minutos de Peterhansel en la general. En consecuencia, Tucumán Noticias no se hará responsable de la información publicada, cuando se cite la Fuente de la misma.

The comeback kid: Circuit City will rise again
The trend known as the "retail apocalypse" has worsened in recent years, as retail bankruptcies reached a six-year high in 2017. The retailer attempted to operate strictly online after closing its last store in 2009, however those plans folded in 2012.

Sacramento Sam's Club is one of dozens closing across US
The company has created a webpage with more information on what members whose stores are now closed can do. The store's automated voice messaging service said the store would be closed Thursday but reopen Friday.

E. coli outbreak linked to romaine appears to be over
The cases in the United States are the same strain as the cases in Canada, and some of them have the same genetic fingerprint. Don't buy romaine lettuce and don't use any still be at home until there is more information on the source of contamination.

$1 Trillion of Bonds Exit Negative-Yielding Zone in 8 Days

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