White House Government Agencies

  • *European stocks rise, Germany's DAX hits 1- mth high. LONDON, May 30- European shares hit one-month highs on Monday, while the dollar index rose to a two-month peak after Federal Reserve Chair Janet Yellen suggested that an interest rate hike in the United States may be around the corner. The euro zone's blue-chip Euro STOXX 50 index was 0.1 percent higher, while...

  • LONDON, May 30- Euro zone government bonds yields rose on Monday after comments from Federal Reserve Chair Janet Yellen boosted the case for a U.S. interest-rate rise in June or July. But the upward pressure on yields was limited by expectations that the European Central Bank will maintain its message of ultra-easy monetary policy for the foreseeable future...

  • *Wall Street rises ahead of U.S. TOKYO, May 30- Asian shares edged down on Monday while the dollar marked fresh highs after Federal Reserve Chair Janet Yellen suggested that an interest rate hike in the United States could be around the corner. Financial spreadbetters predicted Germany's DAX and France's CAC 40 to each open up 0.7 percent, after Friday's gains on...

  • TOKYO, May 30- Japan's benchmark Nikkei index closed at its highest level in more than a month on Monday as the yen retreated against the firming dollar on expectations that the Federal Reserve will raise interest rates soon. Also buoying sentiment was news that Japan's prime minister would delay a sales tax hike scheduled for next April by 2-1/ 1 years.

  • SHANGHAI, May 30- The yuan weakened to hover around its end-January lows on Monday, after the central bank fixed the softest midpoint against the dollar since 2011 as expectations of a U.S. interest rate hike grow. Federal Reserve Chair Janet Yellen said on Friday a rate increase in the coming months "would be appropriate," if the economy and labor market continued...

  • *Yen sags on prospects for delay in Japan's sales tax hike. TOKYO/ SINGAPORE, May 30- The dollar hit a one-month high against the yen on Monday and stood tall against other peers after comments by Federal Reserve Chair Janet Yellen enhanced the prospects of a near-term U.S. interest rate hike. "Fiscal policy is positive for the yen, but if the stimulus is accompanied...

  • TOKYO, May 30- Japanese government bond prices dipped on Monday, weighed by remarks from Federal Reserve Chair Janet Yellen that enhanced the prospect of a near-term U.S. rate hike, although a regular debt-buying operation by the Bank of Japan curbed the losses. The BOJ on Monday purchased a total of 1.24 trillion yen of bonds ranging in maturity from 1- year to 10-...

  • TOKYO, May 30- Japan's Nikkei share average rose to more than a one-month high on Monday as the dollar rose against the yen after U.S. Federal Reserve Chair Janet Yellen hinted a near-term interest rate hike, while news that Japan's government is delaying a sales tax hike also supported sentiment. Masahiko Komura, vice president of the ruling Liberal Democratic...

  • *Bullard sees Q2 GDP rebound materialising. Louis Federal Reserve President James Bullard said on Monday global markets appear to be "well-prepared" for a summer interest rate hike from the Fed, although he did not specify a date for the policy move. "My sense is that markets are well-prepared for a possible rate increase globally, and that this is not too...

  • Wall Street rises ahead of U.S. TOKYO, May 30- Asian shares edged down on Monday and the dollar marked fresh highs after Federal Reserve chief Janet Yellen suggested that an interest rate hike could be around the corner. On Friday, Wall Street posted daily and weekly gains as investors looked to a three-day weekend in the United States ahead of Monday's Memorial...

  • Louis Federal Reserve President James Bullard did not comment on current U.S. monetary policy in his speech at an academic conference on Monday in South Korea.

  • *Political developments in Japan also seen supporting dollar/yen. TOKYO, May 30- The dollar hit a one-month high against the yen early on Monday and stood tall against other peers after comments by Federal Reserve Chair Janet Yellen enhanced the prospect of a near-term U.S. interest rate hike. In addition to the latest round of hawkish-sounding comments from...

  • FRANKFURT, May 29- Next week will provide investors with clues as to how far the U.S. Federal Reserve is from its next interest rate hike and whether the European Central Bank will see out the year without easing its monetary policy again. Trading in U.S. federal funds futures on Friday implied a 26 percent chance of an increase at the June 14-15 meeting and 56...

  • MUMBAI, May 28- The U.S. Department of Justice has subpoenaed India's largest drugmaker Sun Pharmaceutical Industries Ltd seeking information about the pricing and marketing of the generic drugs it sells in the United States, the company said on Saturday. Senator Bernie Sanders and Democratic Representative Elijah Cummings. Sun Pharma, the world's...

  • MONDAY, MAY 30 SEOUL, South Korea- Federal Reserve Bank of St. Louis President James Bullard speaks before the Bank of Korea International Conference 2016- 0020 GMT. PARIS- French Finance Minister Michel Sapin and Bank of France Governor Francois Villeroy de Galhau hold a news conference on Paris as a financial center after an annual meeting with the Europlace...

  • May 27- The U.S. Food and Drug Administration on Friday approved a once-monthly injection for multiple sclerosis from Biogen Inc and AbbVie Inc..

  • NEW YORK, May 27- Data on inflation and employment, two of the economic indicators most important to a "data-dependent" U.S. On Friday, Fed Chair Janet Yellen said that if current economic conditions hold, a rate hike over the next few months would be "appropriate." However, stocks have not yet priced in a rate hike in June or even July, according to analysts at Bank of...

  • NEW YORK, May 27- The U.S. dollar index hit a two-month high and U.S. bond prices fell on Friday after Federal Reserve Chair Janet Yellen said a U.S. interest rate hike will likely be appropriate in the coming months. "It's appropriate... for the Fed to gradually and cautiously increase our overnight interest rate over time, and probably in the coming months such a move...

  • Speculators in four major NYMEX and ICE markets cut 35,323 contracts, changing their bets from a bullish 30,626 net longs in the week to May 17 to a bearish 4,695 net shorts in the week to May 24, the U.S. Commodity Futures Trading Commission said on Friday. Before April, the market was net short for 66 weeks in a row from December 2014 through the end of March 2016 as...

  • Speculators in four major NYMEX and ICE markets cut 35,323 contracts, changing their bets from a bullish 30,626 net longs in the week to May 17 to a bearish 4,695 net shorts in the week to May 24, the U.S. Commodity Futures Trading Commission said on Friday.