Search Results for: Federal Reserve Bank
Dollar Extends Weekly Surge on Yellen Commentary as Metals Drop
November 18th, 2016
Japan’s Topix climbing for a seventh day as yen languishes Fed Chair sees hike relatively soon, plans to serve full term The dollar extended its advance after Federal Reserve Chair Janet Yellen signaled an interest-rate hike could be imminent, ...
Yellen: Rate hike ‘appropriate relatively soon,’ cites dangers in waiting
November 17th, 2016
Fed Chair Janet Yellen on Thursday made her strongest comments to date in favor for a policy tightening in December, telling Congress an increase could be “appropriate relatively soon.” The head of the U.S. central bank also cited the ...
Dollar stays near 13-and-a-half year peak; BOJ bond operation weighs on yen
November 17th, 2016
The dollar caught its breath on Thursday, after charging to a 13-1/2 year high against a basket of currencies on bets the Trump administration will adopt inflationary policies, while the yen sagged after a Bank of Japan bond-buying operation. ...
Asian Stocks Rebound Amid Dollar Retreat as Trump Shock Fades
November 16th, 2016
Zinc retreats from six-year high as yuan extends slide Major crude producers are holding talks to agree output cuts Asian stocks rose for the first time in four days and the dollar weakened versus most peers as investors questioned ...
Dollar rides Trump rally, hovers near 3-1/2-month high vs. yen
November 11th, 2016
The dollar hovered near a 3-1/2-month high versus the yen on Friday, after making big gains overnight as the markets prepared for a Donald Trump presidency that could stimulate the U.S. economy fiscally and lift interest rates. The U.S. ...
Gold sees biggest rally since Brexit as Trump leads White House race
November 9th, 2016
Gold jumped nearly 5 percent on Wednesday to its strongest in six weeks as investors sought safe havens after Republican Donald Trump rattled markets by leading Democrat Hillary Clinton in the race for the White House. It marked gold’s ...
Global Markets Rocked as Traders See Likelihood of Trump Victory
November 9th, 2016
S&P 500 futures tumble by 5% limit as Mexican peso plunges Gold jump by most since 2009, surging with yen, Treasuries Global markets were thrown into disarray as results from the U.S. election indicated that Donald Trump may prevail ...
Asian Stocks Rise With Won, Mexican Peso on U.S. Election Day
November 8th, 2016
S&P 500 futures slip after gauge snaps nine-day losing streak Industrial metals reverse gains as gold edges higher Asian equities rose with South Korea’s won and the Mexican peso as Americans prepare to vote in their presidential election with ...
Analysts predicts Gold price to rise on back of US election
November 7th, 2016
Gold, the traditional store of wealth and a so-called safe haven, is set for a price rise on the back of the US presidential election, regardless of who wins. Some analysts are putting a $US100 premium on it if ...
Gold Climbs as Vote Jitters Hit U.S. Stock Futures, Mexican Peso
November 3rd, 2016
Polls point to a close race ahead of presidential election Bullion, yen boosted by haven demand as dollar extends slide Investors are becoming more jittery amid a tightening race for the U.S. presidency, sending gold higher for a sixth ...
