China says report on USA treasuries may cite `wrong source'

China says report on USA treasuries may cite `wrong source'

His comments came as Beijing officials reviewing China's foreign-exchange holdings have recommended slowing or halting purchases of U.S. Treasuries, according to people familiar with the matter.

"We think the report might have cited wrong sources or may be fake news", SAFE said in a statement posted on the administration's website, an apparent reference to a Bloomberg News story published on Wednesday.

Meanwhile, traders largely shrugged off a report from the Labor Department showing another unexpected increase in first-time claims for U.S. unemployment benefits.

The Labor Department said import prices inched up by 0.1 percent in December after climbing by an upwardly revised 0.8 percent in November.

"The futures are indicating a nasty opening as climbing yields awaken investors to a possible meltdown in the government bond market", Peter Cardillo, chief market economist at First Standard Financial in NY, wrote in a client note.

Excluding food and energy prices, core producer prices still dipped by 0.1 percent in December following a 0.3 percent increase in November.

Dark Souls: Remastered is coming to Switch
With the launch of Dark Souls , From Software has announced that it has no plans for another entry in the Dark Souls franchise. If you were envious of Europe's Dark Souls trilogy vinyl set , you might explode when you see what's on the horizon in Japan.

"I expect him to give strong remarks favoring USA workers and explaining how his presidency is characterized by putting American interests first in terms of our policies but also the importance of being engaged in world affairs as we continue to be", Malpass said, after meeting European Union officials in Brussels, including chief Brexit negotiator Michel Barnier and aides of EU President Donald Tusk.

After rising as high as USD64.77 a barrel, crude oil for February delivery gave back ground but still rose USD0.23 to a three-year closing high of USD63.80 a barrel.

Natural gas stocks showed a significant move to the downside over the course of the trading session, dragging the NYSE Arca Natural Gas Index down by 1.4 percent.

Steel, trucking, housing and computer hardware stocks also saw considerable strength, moving higher along with most of the other major sectors.

Ending the ECB's monetary stimulus would be a major development for financial markets because the program is thought to have helped drag down bond yields globally.

SAFE learned about the news from media reports, according to the statement. Closely watched consumer-price index data will get an update on Friday, giving investors a better sense of the current inflation environment.

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