Search Results for: U.S. interest rates
Asia stocks dip, somber data offsets strong U.S. job numbers
December 8th, 2014
Asian shares were mostly lower on Monday after sobering data highlighted the sluggishness of the region’s key economies and tempered the lift from much stronger-than-expected U.S. employment numbers. Spreadbetters expected a subdued start for European stocks, forecasting Britain’s FTSE .FTSE, Germany’s ...
Gold Declines Before U.S. Jobs Report as Investors Weigh Demand
December 5th, 2014
Gold fell before U.S. payrolls data that may show employers added more workers last month, boosting the case for an increase in borrowing costs in the largest economy as the dollar headed for a seventh weekly increase. Bullion for ...
Dollar Approaches 120 Yen on U.S. Growth as Aussie Falls 6th Day
December 4th, 2014
The dollar strengthened to within 0.1 percent of 120 yen, the highest since July 2007, as analysts forecast that U.S. job growth will accelerate while Japan remains in recession. A gauge of the U.S. currency headed for its highest close in more than ...
U.S. Shares Rise With Dollar as Oil Surges Amid Data
December 3rd, 2014
U.S. stocks rose toward records, as energy shares rallied with the price of crude and investors weighed data on hiring and the services sector. European equities climbed and the dollar gained on speculation the region’s central bank will add ...
U.S. Dollar Recovers Slightly on Favorable U.S. Monetary Policy View
October 17th, 2014
The U.S. dollar recovered against a basket of major currencies on Thursday on the view that Wednesday’s selloff was overdone given the relative strength of the U.S. economy and the Federal Reserve’s commitment to tightening U.S. monetary policy. A ...
U.S. banks ramp up credit card lending but margins may suffer
October 13th, 2014
As traditional Wall Street money makers like stock and bond trading suffer, banks are growing increasingly willing to invest in less glamorous operations: their credit card businesses. JPMorgan Chase & Co, (JPM.N) Citigroup Inc (C.N) and other big banks ...
Fed Presidents Call for Patience on Interest Rates
September 25th, 2014
Three Federal Reserve presidents are calling for patience as the central bank weighs when to raise interest rates above zero, arguing moving prematurely poses a greater risk to the economy than waiting too long. “We should be exceptionally patient ...
Financial Markets Awaiting Any Fed Signal On Rates
September 17th, 2014
Financial markets are awaiting the end of a Federal Reserve meeting Wednesday to see whether the Fed sends any clearer signal about the timing of an interest rate increase. The phrase that investors will be alert for is “considerable ...
Commodities Suffer in 2014 Because of Strong U.S. Dollar
September 10th, 2014
Commodities declined to the lowest in almost eight months as the dollar advanced on speculation that the Federal Reserve will increase interest rates next year, curbing demand for raw materials. The Bloomberg Commodity Index (BCOM) that tracks 22 futures ...
Bonds Starting to Cause Concern for U.S. Stocks
September 10th, 2014
The bond market is starting to give the stock market agita, and focus could remain on interest rates Wednesday as traders try to handicap the Fed’s next move. A report from the San Francisco Fed staff, released Monday, injected ...
