The Fed Ben Bernanke

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  • TOKYO, July 14- The yen firmed in early Asian trade on Thursday, while sterling was under pressure as traders braced for a Bank of England meeting that is expected to deliver an easing to blunt the economic fallout of Britain's vote to leave the European Union. While Wednesday's appointment of Theresa May as Britain's new prime minister alleviated market...

  • *Bank of Canada in focus later in day. The safe-haven yen had tumbled 4 percent against the dollar since the start of the week, its worst performance since November 2014, after Japan's Prime Minister Shinzo Abe's ruling coalition won a clear victory in upper house elections, fueling expectations of more fiscal stimulus. Monday's news that Britain would by...

  • LONDON, July 13- Stock markets traded within sight of their highest levels this year on Wednesday as the prospect of stimulative economic policy across the developed world eased immediate concern over Britain's vote to leave the European Union. The swift moves by the Conservative Party that see Theresa May replacing David Cameron as prime minister on...

  • *Bank of Canada in focus later in day. The safe-haven yen had tumbled 4 percent against the dollar since the start of the week, its worst performance since November 2014, after Japan's Prime Minister Shinzo Abe's ruling coalition won a clear victory in upper house elections, fueling expectations of more stimulus. Monday's news that Britain would by Wednesday...

  • TOKYO, July 13- Japan's Nikkei hit one-month intraday high before ending up 0.8 percent at 16,231.43, bringing its gains since Prime Minister Shinzo Abe's election victory on Sunday to 7.4 percent. Banks were the top gainers among the Tokyo Stock Exchange's 33 industry subindexes, adding 3.9 percent. Securities broker Nomura Holdings gained 3.5 percent while...

  • TOKYO, July 13- Benchmark Japanese government bonds edged down on Wednesday, but superlong yields were off session highs as bargain-hunting emerged. Earlier in the session, the Bank of Japan offered to buy 430 billion yen of 5- to 10- year JGBs, 200 billion yen of 10- to 25- year JGBs, and 120 billion yen of 25- to 40- year JGBs, under its asset purchase operations.

  • *Philippine, Vietnam shares gain after South China sea ruling. Spreadbetters expected European shares to take a breather following days of gains, forecasting a slightly lower open for Britain's FTSE, Germany's DAX and France's CAC. MSCI's broadest index of Asia-Pacific shares outside Japan rose as much as 0.4 percent to 427.83, just below its year-to-date...

  • *Bernanke's Tokyo visit spurs talk of "helicopter money". TOKYO, July 13- Japan's Nikkei share average rose to a more than a one-month high on Wednesday as speculators placed new bets on Prime Minister Shinzo Abe launching an aggressive policy mix of monetary and fiscal easing after his election victory. "We suspect that helicopter money was the topic to be...

  • TOKYO, July 13- The yen clawed back some of this week's losses in Asian trading on Wednesday, after it sank to 2-1/ 2- week lows reached this week as the prospects for more economic stimulus in Japan helped bolster risk sentiment. On Tuesday, the greenback scaled a peak of 104.98 yen, its highest level since June 24. "There has been some profit-taking by people who were...

  • TOKYO, July 13- Japan's top government spokesman said on Wednesday the government was not considering "helicopter money" as an option, denying a media report that its advisers were suggesting the policy. The Sankei newspaper reported on Wednesday that Etsuro Honda, an economic adviser to Prime Minister Shinzo Abe, told the premier that now was a good time to...

  • TOKYO, July 13- Asian shares came within reach of testing their 2016 peak on Wednesday as prospects of solid U.S. growth and accommodative economic policy in major markets whet investors' risk appetite damaged by uncertainty from Brexit. MSCI's broadest index of Asia-Pacific shares outside Japan rose as much as 0.4 percent to 427.83, just below its...

  • TOKYO, July 13- The dollar eased slightly against the yen on Wednesday, but remained close to 2-1/ 2- week highs reached this week as the prospects for more economic stimulus in Japan helped bolster risk sentiment. On Tuesday, the greenback touched 104.98 yen, its highest level since June 24. A rebound in equity markets has led investors to reduce their holdings of...

  • TOKYO, July 13- Asian shares came within reach of testing their 2016 peak on Wednesday as prospects of solid U.S. growth and accommodative economic policy in major countries whet investors risk appetite damaged by uncertainty from Brexit. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2 percent in early trade to 426.62, just below its...

  • markets@ SAO PAULO, July 12- Latin American stocks and currencies advanced on Tuesday as hopes of economic stimulus in Japan and the UK sustained investor appetite for higher-risk emerging market assets. Traders also bet the Bank of England could take measures to protect Britain's economy from the fallout of last month's decision to leave the European Union...

  • LONDON, July 12- European shares were on track for a fourth straight day of gains and the yen broke below its post-Brexit low on Tuesday as easing political tensions in Britain, stimulus hopes and a record high close for U.S. stocks boosted risk appetite. In Britain, interior minister Theresa May was set to become prime minister on Wednesday, offering some relief...

  • TOKYO, July 12- Japan's government is expected to cut its consumer inflation forecast for the current fiscal year and produce an estimate for fiscal 2017 that is much lower than the central bank's 2 percent target, government sources told Reuters on Tuesday. In draft forecasts to be finalized at a cabinet meeting on Wednesday, the government projects consumer...

  • LONDON— A U.S. report is accusing British officials of hampering a probe into HSBC, one of the world's largest banks. It argued that HSBC was not prosecuted because of fears for the global economy. The report, called "Too Big to Jail: Inside the Obama Justice Department's Decision Not to Hold Wall Street Accountable," accuses Britain's Treasury chief George Osborne...

  • LONDON, July 12- European shares were on track for a fourth straight day of gains and the safe-haven yen broke below its post-Brexit low on Tuesday as easing political tensions in Britain and stimulus hopes boosted risk appetite. In Britain, interior minister Theresa May was set to become prime minister on Wednesday, offering some relief from the political...

  • *Japan struggling to kickstart economy. *There are questions over how far Japan will go to get growth. Federal Reserve Chairman Ben Bernanke told Japanese Prime Minister Shinzo Abe that the Bank of Japan has steps left available to support the economy, Japan's top government spokesman said on Tuesday.

  • *Shares helped by low/negative rates in Europe, Japan. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.5 percent to hit its highest level since late April. Supporting risk assets are globally low interest rates as a result of central bank stimulus in Japan and Europe.