Search Results for: Federal Reserve
Fischer opposes proposals to break up banks
July 11th, 2014
New Federal Reserve Bank Vice Chairman Stanley Fischer says financial reform in the U.S. “is making significant progress in strengthening the financial system,” and he casts doubt on proposals to break up the largest banks, according to a speech ...
European Stocks Drop for Fifth Day; Fugro Tumbles
July 10th, 2014
European stocks fell for a fifth day, as Chinese exports (CNFREXPY) missed estimates and some Federal Reserve officials expressed concern over complacency about risks in the economy. U.S. index futures and Asian shares also slid. Fugro NV sank the ...
Commerzbank may pay $600 million-$800 million to settle U.S. probe
July 10th, 2014
German lender Commerzbank AG is expected to pay between $600 million and $800 million to resolve investigations into its dealings with Iran and other countries under U.S. sanctions, sources familiar with the matter said. The penalty, previously reported to ...
Fed, Confident in Economy, Details End of Bond-Buying Program
July 10th, 2014
The Federal Reserve said on Wednesday that it planned to stop adding to its bond holdings in October, in a sign of its confidence that the economy is gaining strength even as the central bank gradually withdraws its support. ...
U.S. Treasury Prices Rally on Weak Equities
July 9th, 2014
U.S. Treasury yields fell on Tuesday after the U.S. government’s auction of 3-year Treasury notes, the first of three debt auctions this week. The Treasury Department auctioned $27 billion in three-year notes at a high yield of 0.992 percent, ...
U.S. Dollar Remains Lower Before Fed Minutes
July 9th, 2014
A gauge of the dollar remained lower before the Federal Reserve releases minutes of its most recent meeting amid speculation an uneven economic recovery will prompt policy makers to hold borrowing costs near zero. The greenback held losses from ...
Technical Analysis Gold – Indecision Continues Under $1320
July 9th, 2014
Technical Analysis Gold for Wednesday, July 9, 2014 After pushing higher to a three month high above $1330 last week, gold has spent the last now few days easing lower back to below $1320 and is showing more signs ...
Dollar Falls Most in a Week Versus Yen after Fed Rate report
July 8th, 2014
The dollar fell the most in more than a week against the yen as investors gauge the timing of Federal Reserve interest-rate increases after reports showing a strengthening jobs market. The Bloomberg Dollar Spot Index rose earlier after Goldman ...
Gold Below $1320 as Speculation Shifts to U.S. Rates
July 8th, 2014
Gold fell on Monday as the dollar firmed on speculation over an earlier-than-expected hike in U.S. interest rates following strong job data, which dented investment demand for the metal. Gold has been under pressure since data on Thursday showed ...
Central Banks Testing Limits of Monetary Policy
July 8th, 2014
The world’s major central banks are returning to a more opaque and artful approach to policymaking, ending a crisis-era experiment with explicit promises that they found risked their credibility and did not substitute for action. From Washington to London ...
