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  1. Brazilian infrastructure firm Companhia de Concess?es Rodovi?rias (CCR) may take part in the bidding process for subway lines in Colombia and Peru, said Leonardo Vianna, the company's vice-president for mobility.

    "The subway projects of Bogot?, Colombia, and Lima, Peru, are interesting," he said. "We need to wait to see how the rules will be set up."

    The company had the winning bid in an auction to operate two subway lines in S?o Paulo, Brazil, earlier today. Vianna said that the city holds "many opportunities for the private sector. We are studying to take part in the tenders of lines 8 and 9 of the subway, the line 13 of urban trains, which will connect to the Guarulhos airport, and the line 15, also in the monorail," said Vianna.

    CCR major shareholders include Camargo Correa, Soares Penido and Andrade Gutierrez, construction firms which were involved in the Lava Jato corruption scandal. Also, Camargo Correa admitted its participation in a corruption scheme to defraud public tenders for subway lines construction in seven Brazilian states.

    Vianna said that any corruption allegations that may arise about the construction of the lines 5 and 17 of the subway in S?o Paulo would not shake CCR.

    "Any possible complaint will not affect the consortium, only those involved in the construction. We've just come in," he said.

    The material has been provided by InstaForex Company - www.instaforex.com
  2. After moving lower over the two previous sessions, treasuries saw some further downside during trading on Friday.

    Bond prices came under pressure early in the trading day and remained firmly negative throughout the session. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, rose by 2.6 basis points to 2.637 percent.

    With the continued increase on the day, the ten-year yield once again climbed to its highest closing level in well over three years.

    Treasuries are generally seen as a safe haven, but traders seemed to shrug off concerns about a government shutdown amid expectations of further increases in interest rates.

    House Republicans voted Thursday evening in favor of a short-term spending bill to fund the government until February 16th.

    The spending bill includes a six-year extension of the popular Children's Health Insurance Program and also delays some Obamacare taxes.

    However, the issue of protections for illegal immigrants brought to the country as children could doom the short-term spending bill in the Senate.

    Democrats have demanded that any spending bill include a deal to provide protections for the illegal immigrants known as Dreamers.

    After meeting with President Donald Trump on Friday, Senate Minority Leader Chuck Schumer, D-N.Y., said they made "some progress" but noted they "still have a good number of disagreements."

    Traders also seemed unfazed by a report from the University of Michigan showing an unexpected deterioration in consumer sentiment in the month of January.

    The report said the consumer sentiment index dipped to 94.4 in January from the final December reading of 95.9. Economists had expected the index to rise to 97.0.

    Next week's trading may be impacted by whether lawmakers can reach a last-minute agreement to avoid a government shutdown.

    Traders are also likely to keep an eye on U.S. economic reports on new and existing home sales and durable goods orders.

    The Treasury Department's auctions of two-year, five-year, and seven-year notes may also attract attention among bond traders.

    The Treasury said it plans to sell $26 billion worth of two-year notes next Tuesday, $34 billion worth of five-year notes next Wednesday and $28 billion worth of seven-year notes next Thursday.

    The material has been provided by InstaForex Company - www.instaforex.com
  3. Argentinean President Mauricio Macri is expected to arrive at Moscow on Tuesday for a meeting with his Russian counterpart, Vladimir Putin, at the Kremlin.

    After a private meeting, Macri and Putin should head both countries delegations before a working lunch. A press conference is also expected, according to the Argentinean Foreign Ministry.

    In April 2016, both countries reaffirmed their Comprehensive Strategic Partnership, signed a year before. "Since then, constant work has been developed with the aim of deepening and expanding our bilateral ties in various areas," the statement said.

    The material has been provided by InstaForex Company - www.instaforex.com
  4. Argentina will be able to export more than 700 products to the United States with a zero tariff after returning to the country's Generalized System of Preferences (GSP).

    The U.S. eliminates duties on thousands of products when the imports come from one of the GSP-listed countries. Argentina returned to the list last December, after spending six years away from the program.

    Argentina believes that benefits to the country could reach US$ 400 million per year.

    Among the main Argentinean products benefiting from the measure are wines, jellies, candies, processed peanuts, parmesan cheese, olive oil, refined sugar, and green olives.

    The material has been provided by InstaForex Company - www.instaforex.com
  5. The dollar is turning in a mixed performance against its major rivals Friday afternoon. After a weak start to the session, the buck has since pared its losses and is now little changed overall. Economic data was on the light side at the end of the trading week. The focus among investors remains on Washington as lawmakers scramble to avoid a government shutdown.

    The House voted 230 to 197 in favor of a short-term government spending bill Thursday night, with the vote largely coming down along party lines.

    However, the future of the spending bill in the Senate is uncertain, with Democrats saying they have the votes to block the legislation.

    Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of January, according to a preliminary report released by the University of Michigan on Friday. The report said the consumer sentiment index dipped to 94.4 in January from the final December reading of 95.9. Economists had expected the index to rise to 97.0.

    The dollar fell to an early low of $1.2294 against the Euro Friday, but has since rebounded to around $1.2235.

    The euro area current account surplus increased in November after falling for two straight months, data from the European Central Bank showed Friday. The current account surplus rose to EUR 32.5 billion from EUR 30.3 billion in October.

    Germany's producer price inflation eased in December, figures from Destatis showed Friday. Producer prices climbed 2.3 percent year-on-year in December, slower than the 2.5 percent increase registered in November. A similar weaker rate was last seen in July.

    The buck dropped to a low of $1.3945 against the pound sterling Friday morning, but has since bounced back to around $1.3875.

    UK retail sales in December declined more-than-expected from the previous month when consumers were lured by Black Friday promotions, data from the Office for National Statistics revealed Friday.

    Retail sales volume dropped by a more-than-expected 1.5 percent from November, when they grew 1 percent.

    This was the biggest fall since June 2016 and the largest in seven years for the month of December. Economists had forecast a 1 percent fall.

    The greenback reached an early high of Y111.121 against the Japanese Yen Friday, but has since slipped to around Y110.620.

    The material has been provided by InstaForex Company - www.instaforex.com