BusinessMediaguide.Com

The tensions between Iran and Saudi Arabia are escalating after diplomatic ties were cut this weekend. CNBC discusses how other countries could get involved. read more >>> Source : CNBC.Com

A majority of Canadians remain confident about their finances heading into 2016, but the percentage holding a positive view is down from a year ago, according to a new poll from one of the country’s big banks. read more >>> Source : CTVNews.Ca

Eurozone CPI Flash Estimate is an inflation index which measures the change in the price of goods and services charged to consumers. A reading which is higher than the market forecast is bullish for the euro. Here are all the details, and 5 possible outcomes for EUR/USD. Published on Tuesday at 10:00 GMT. Indicator Background […]

* Gunfire still being heard on third day of clearing operation read more >>> Source : Reuters

* China selloff hits Aussie, other commodity-linked currencies read more >>> Source : Reuters

Creator of hit historical melodrama “Downton Abbey,” Julian Fellowes’s next project will be a serialized novel released digitally. read more >>> Source : CNBC.Com

European factories are in great shape. It’s manufacturing PMI day in Europe, meaning we get a snapshot of how factories across Europe are doing. The figures, each somewhere between 0 and 100, give an idea of whether a country’s manufacturing sector is growing or contracting. Anything above 50 signals growth, anything below means contraction. The […]

UK shares start the new year sharply lower as European markets fall in the wake of steep losses in China. read more >>> Source : BBC

As liquidity returns to markets at the start of the New Year, we’re seeing a fairly uncomfortable start, with trading halted in Chinese equities after a 7% fall in the Chinese composite index. The more risk averse tone has been reflected in other equity markets in Asia and is also being carried over into European […]

TRADING on China’s stock markets have been SUSPENDED after shares plunged by around 7 per cent as falls in the yuan heightened concerns about the struggling economy. read more >>> Source : The Daily Express

Jan 4 (Reuters) – Hong Kong stocks posted their biggest fall in three months on Monday, marking a gloomy start for 2016, pulled lower by slumping mainland shares and weak global markets. read more >>> Source : Reuters

Business support for EU membership has narrowed from 74% six months ago to 62%, according to a survey of large businesses by consultants Deloitte. read more >>> Source : BBC

Chinese stocks marked the start of the new year by getting frozen before they got absolutely obliterated due to the sharp fall in the wake of a disappointing manufacturing PMI report for December and further weakening in the Chinese yuan. After 45 minutes of trade, the benchmark Shanghai Composite index was down 3.38%, and was […]

Most emerging Asian currencies started 2016 weaker on disappointing China factory data and geopolitical tensions in the Middle East, adding to fears that regional units may depreciate further in the new year. read more >>> Source : EconomicTimes.IndiaTimes.Com

KABUL, Jan 4 (Reuters) – A suicide bomber in a car blew himself up close to a police checkpoint near Kabul airport on Monday but caused no other casualties, a police spokesman said. read more >>> Source : Reuters

The new year is here, and the mood is certainly damp. Worries about China and the Middle East trigger a “risk off” pattern in markets and this is reflected in currency movements. Join me for a live market open, hosted by FXStreet: walking though recent developments and their impact on currencies, going through charts of […]

DUBAI, Jan 4 (Reuters) – The Saudi riyal fell sharply against the U.S. dollar in the forward foreign exchange market early on Monday after relations between Saudi Arabia and Iran deteriorated,… read more >>> Source : Reuters

State-owned banks likely sold dollars on behalf of the Reserve Bank of India to prevent the local currency from weakening further, three FX traders told Reuters on Monday. read more >>> Source : EconomicTimes.IndiaTimes.Com

Chinese stocks plummeted nearly seven percent Monday – the first day of trading for the new year – prompting a halt to trading for the day on the Shanghai and Shenzhen exchanges. Poor manufacturing data in the world’s second-largest economy is mainly being blamed for the sharp selloff, along with rising tensions in the Middle […]

SEOUL, Jan 4 (Reuters) – South Korea’s Hyundai Motor Co said on Monday that its 2015 global vehicle sales were unchanged from the previous year at 4.96 million vehicles, leaving it short of its sales goal of 5.05 million for the 12 months. read more >>> Source : Reuters

The Shanghai Composite Index dived 6.9 per cent to 3,296.66 on Monday, the first trading day of 2016. The index was at the lowest level in nearly three months. read more >>> Source : CTVNews.Ca

Forex Crunch enjoyed a rise of around 80% in unique visitors and 30% in page views in comparison to 2014, which is quite nice. Thank you to all 1.6 million visitors and 8 million page views that the site enjoyed in 2015. Looking at the last month of 2015 had two halves: a strong beginning […]

ZURICH (Reuters) – Vontobel Holding’s Honorary Chairman Hans Vontobel, one of the firm’s most influential investors, died on Jan. 3 at the age of 100‍​, the Swiss bank said on Monday. “Hans Vontobel was one of the most important bankers in our country, but beyond that he was a convinced humanist, who put people at […]

BOSTON, Jan 4 (Reuters) – Fidelity Investments said on Monday it is dropping long-time credit card partners American Express Co and Bank of America Corp, ending a 12-year partnership that has generated billions of dollars in fees. read more >>> Source : Reuters

The rupee fell 17 paise to 66.31 against the US dollar in early trade on Monday after weak Chinese manufacturing PMI readings sparked selling across Asian currencies. read more >>> Source : EconomicTimes.IndiaTimes.Com

SINGAPORE, Dec 31 (Reuters) – Oil and commodities were the world’s worst-performing asset class for the second year running in 2015, pressured by China’s economic slowdown and excess supply. read more >>> Source : Reuters

A private survey shows that Chinese manufacturing contracted for the 10th straight month in December as demand remained weak and factories trimmed staff and output. read more >>> Source : CTVNews.Ca

To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_01042016.pdf FACTORS TO WATCH 11:00 am: Finance Minister holds pre-budget… read more >>> Source : Reuters

Oil prices up over 2 percent as relations between Saudi Arabia and Iran worsened following Riyadh’s execution of a prominent Shi’ite Muslim cleric. read more >>> Source : CNBC.Com

The so-called CNH spot opened at 6.5725 per dollar, but slipped to 6.6125. It was the lowest level since September, 2011. read more >>> Source : EconomicTimes.IndiaTimes.Com

SHANGHAI, Jan 4 (Reuters) – China stocks slumped more than 3 percent on the first day of trading in 2016 after weak factory activity surveys soured hopes that the world’s second-largest economy will enter the new year on better footing. read more >>> Source : Reuters

By Trevor Hunnicutt (Reuters) – Investors poured $347 billion into exchange-traded funds globally during 2015, fund-manager BlackRock Inc said on Sunday, setting a new record for the industry. BlackRock said its own haul of $130 billion in new money also set a record in global flows for its iShares ETF business, surpassing the previous annual […]

TOKYO, Jan 4 (Reuters) – The dollar fell to a 10-week low against the yen on Monday as sliding equities and rising tension in the Middle East added bids to the safe-haven Japanese currency. read more >>> Source : Reuters

I’m not very good at New Year’s resolutions. It’s never made sense to me to pick an arbitrary date and pretend I’m going to start doing something — or everything — differently from that point on. Any gym owner can tell you how the weight room and spin classes swell each January, only to return […]

Asian markets start the first week of the new year on a cautious note with mixed trading in the region after the holidays. read more >>> Source : BBC

Tokyo – Japanese manufacturing activity expanded in December at the same pace as the previous month as new orders grew at a faster rate in a sign the economy maintained momentum at the end of 2015, a revised survey showed on Monday. The Markit/Nikkei Final Japan Manufacturing Purchasing Managers’ Index (PMI) was a seasonally adjusted […]

South Korean automaker Hyundai Motor and its affiliate Kia Motors miss their sales target in 2015 for the first time since the financial crisis. read more >>> Source : BBC

* Major currencies mostly flat but Swiss franc slightly higher read more >>> Source : Reuters