The Fed Ben Bernanke

  • *Dollar hits 3- week high vs yen after mostly upbeat China data. TOKYO, July 15- Asian shares extended gains to nine-month highs on Friday, on track for a solid weekly rise, as better-than-expected economic data from China lifted risk sentiment that was already buoyant after record highs on Wall Street. Financial bookmakers at IG and CMC Markets expected...

  • July 14- Bond investors shouldn't be scanning the skies for helicopters; the steamroller they stand before is getting closer. Reports that Ben Bernanke, one of the intellectual fathers of the idea, had consulted with Japan about the possibility moved the yen and other markets sharply this week. But with more than $13 trillion of sovereign debt carrying a...

  • NEW YORK, July 14- The dollar rose to near a three-week high against the yen on Thursday and fell near a two-week low against sterling, as a surprise decision from the Bank of England and expectations of stimulus from the Bank of Japan returned risk appetite to markets. "Certainly the markets like to see global central bank friendliness, whether that be holding...

  • NEW YORK, July 14- The dollar rose to a three-week high against the yen on Thursday, as a surprise decision from the Bank of England and expectations of stimulus from the Bank of Japan returned risk appetite to markets. The Japanese currency fell near 106 yen per dollar and past 140 yen per pound, with dealers citing a Bloomberg report saying ex-Federal Reserve...

  • *Bank of England surprises with no rate cut. Treasuries weakened on Thursday after the Bank of England kept interest rates unchanged, surprising investors who had expected the first rate cut in more than seven years, and as U.S. data showed rising inflation. U.S. bonds have also benefited from falling yields globally as investors turn to longer-dated Treasuries...

  • *Bank of England unexpectedly hold rates, sterling leaps. LONDON, July 14- Sterling surged and world shares stopped in their tracks having hit an eight-month high on Thursday, as the Bank of England unexpectedly opted to keep its post-Brexit powder dry for at least few more weeks. London's FTSE went from being up 0.8 percent to flat within minutes as sterling...

  • Sterling jetted higher against the yen, the dollar and the euro after the Bank of England blew out expectations it would cut interest rates immediately to offset any damage to the economy from last month's vote to leave the European Union. But it was the yen's moves that dominated morning trading in London, sliding past 105 per dollar and 140 yen per pound, with...

  • TOKYO, July 14- There is no chance Japan will resort to "helicopter money," a policy in which the central bank indefinitely finances fiscal spending through perpetual bonds, any time soon, government and central bank officials directly involved in policymaking said. The BOJ buys roughly 80 trillion yen of government bonds each year, nearly 2 percent the size of...

  • *Bank of England expected to cut rates at 1100 GMT. LONDON, July 14- World shares hit an eight-month high on Thursday as the Bank of England prepared to deliver its Brexit defence plan, a move investors believe could set off another round of global central bank- and government-led stimulus. Mark Carney, the head of the BoE has said he is not a fan of the negative interest...

  • TOKYO, July 14- Japan should not resort to "helicopter money," which would see the central bank directly underwriting public debt because that could stoke runaway inflation, a key adviser to Prime Minister Shinzo Abe said on Thursday. Some investors speculate that Japan might decide to provide "helicopter money"- a term coined by American economist Milton...

  • TOKYO, July 14- The yen slipped to a three-week low on Thursday on speculation of more stimulus from Tokyo, while sterling ticked up ahead of a Bank of England meeting that is expected to deliver a rate cut to blunt the economic fallout of Britain's vote to exit the European Union. Possibly helping to trigger the yen's latest was a story by Bloomberg that former U.S.

  • TOKYO, July 14- The yen surrendered its early gains in Asia on Thursday, while sterling pushed higher but remained capped ahead of 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. Another key focus is how soon the BoE's Monetary Policy Committee could sanction a new round of...

  • Fed BOJ

    December is the more likely timing if Fed chair Janet Yellen is serious about raising rates at least once in 2016, says OCBC's Selena Ling.

  • 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...

  • The dollar falls while the Bank of Canada announced that it will hold interest rates.

  • *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.