White House Government Agencies

  • *U.S. dollar falls, Wall Street rises. NEW YORK/ LONDON, Aug 26- Gold extended gains above 1 percent on Friday, breaking a five-day streak lower after Federal Reserve Chair Janet Yellen said the case for raising U.S. interest rates has strengthened, although increases should be gradual. "After the initial Yellen headlined-induced stumble, gold has rallied...

  • NEW YORK, Aug 26- The dollar gave up earlier gains to trade little changed on Friday after Federal Reserve Chair Janet Yellen gave no indication a U.S. interest rate rise was imminent, even though she acknowledged the case for a hike has increased recently. "Her comments still fall a little bit short of what dollar bulls would want to see in that she doesn't make a case...

  • JACKSON HOLE, Wyo., Aug 26- The case for a U.S. interest rate hike has strengthened in recent months because of improvements in the labor market and expectations for solid economic growth, Federal Reserve Chair Janet Yellen said on Friday. Yellen did not indicate when the U.S. central bank might raise rates, but her comments reinforced the view that such a move could...

  • LONDON, Aug 26- Sterling hit a three-week high against the dollar on Friday, supported by solid UK growth and business investment data and after Federal Reserve chair Janet Yellen gave no firm indication that the central bank would raise interest rates next month. She did, however, say that the case for rate rises had strengthened, echoing comments from other...

  • MILAN, Aug 26- European shares rose after Federal Reserve Chair Janet Yellen said the case for raising U.S. interest rates had strengthened thanks to improvements in the labour market and expectations for moderate economic growth. "Markets had been half-expecting some hawkish noises around a possible September rate hike but it looks like the Fed chair is...

  • *Yellen says case for rate hike has strengthened. Aug 26- Wall Street was higher on Friday morning after Federal Reserve Chair Janet Yellen said the case for raising U.S. interest rates has strengthened in recent months. Yellen, speaking before a gathering of global central bankers in Jackson Hole, Wyoming, did not indicate when the Fed would raise rates, but said...

  • BUDAPEST, Aug 26- The zloty and Polish stocks briefly touched 4- week lows on Friday after Moody's issued a warning over Warsaw's tension with the European Commission, preparing investors for a possible rating downgrade. Central European assets were mixed ahead of a speech by Federal Reserve Chair Janet Yellen later on Friday, in which she may flag upcoming...

  • JACKSON HOLE, Wyo., Aug 26- The case for raising U.S. interest rates has strengthened in recent months because of improvements in the labor market and expectations for moderate economic growth, Federal Reserve Chair Janet Yellen said on Friday. Speaking at a three-day international gathering of central bankers in Jackson Hole, Wyoming, Yellen said the "U.S....

  • *Yellen due to speak at 10:00 a.m. ET. Aug 26- Wall Street was higher on Friday morning, boosted by financial stocks, minutes before a speech by Federal Reserve Chair Janet Yellen that is expected to provide a clearer picture on when interest rates will be raised next. Yellen speaks before a gathering of global central bankers in Jackson Hole, Wyoming, at 10:00 a.m....

  • *Yellen to speak in Jackson Hole at 1400 GMT on Friday. LONDON, Aug 26- Gold edged higher on Friday as markets braced for a speech later in the session by Federal Reserve Chair Janet Yellen that could yield clues on the direction of U.S. interest rates. Spot gold was up 0.6 percent at $1,329.22 an ounce at 1321 GMT, while U.S. gold futures for December delivery were up...

  • *MSCI All-Country World index hits lowest since Aug. 9. LONDON, Aug 26- Global shares slipped to a two-week low and the dollar edged down on Friday as investors turned cautious before a keynote speech by Federal Reserve Chair Janet Yellen that could map out a clearer path for U.S. interest rates. The MSCI All-Country World index was down 0.1 percent by 1041 GMT, after...

  • *Yellen to speak in Jackson Hole at 1400 GMT on Friday. LONDON, Aug 26- Gold edged higher on Friday as markets braced for a speech by Federal Reserve chair Janet Yellen later in the session, which is being closely watched for clues on the direction of U.S. interest rates. Spot gold was up 0.3 percent at $1,325.45 an ounce at 0930 GMT, while U.S. gold futures for December...

  • LONDON, Aug 26- Global bond funds pulled in more fresh money in the past week, though appetite for emerging assets stuttered and European stocks extended their outflow streak to a record 29th week, Bank of America Merrill Lynch data showed on Friday. Federal Reserve chair Janet Yellen at a central bankers' gathering in Jackson Hole, where she could offer hints...

  • *MSCI All-Country World index hits lowest since Aug. 9. LONDON, Aug 26- The dollar edged down and global shares slipped to a two-week low on Friday as investors turned cautious before a keynote speech by Federal Reserve Chair Janet Yellen that could map out a clearer path for U.S. interest rates. The MSCI All-Country World index was down 0.1 percent by 0817 GMT, after...

  • FRIDAY, AUGUST 26 JACKSON HOLE, WYOMING, United States- Federal Reserve Chair Janet Yellen speaks on "The Federal Reserve's Monetary Policy Toolkit" before the Federal Reserve Bank of Kansas City Economic Symposium, "Designing Resilient Monetary Policy Frameworks for the Future"- 1400 GMT. PAUL, United States- Federal Reserve Bank of Minneapolis President Neel...

  • SINGAPORE/ TOKYO, Aug 26- Asian stocks were largely steady on Friday, with modest losses in some markets and gains in others reflecting nervousness before a keenly anticipated speech by U.S. Federal Reserve Chair Janet Yellen. European markets are also heading for a flat start, with financial spreadbetter CMC Markets expecting Britain's FTSE 100 and Germany's...

  • SHANGHAI, Aug 26- China's yuan weakened marginally Friday as the dollar traded sideways, with mainland currency traders awaiting an important speech by U.S. Federal Reserve Chair Janet Yellen later today. The People's Bank of China set the midpoint rate at 6.6488 per dollar prior to market open, firmer than the previous fix 6.6602.

  • SINGAPORE/ TOKYO, Aug 26- Asian stocks were steady on Friday with modest losses in some markets and gains in others reflecting nervousness before a keenly anticipated speech by U.S. Federal Reserve Chair Janet Yellen. MSCI's broadest index of Asia Pacific shares outside Japan was little changed as investors awaited some direction from Yellen on whether the...

  • TOKYO, Aug 26- Japanese stocks fell on Friday morning in line with a dip on Wall Street and as investors stayed cautious before a speech by Federal Reserve Chair Janet Yellen, but companies announcing share buybacks attracted buying. Traders expect overall trading to be subdued on Friday amid caution before Yellen delivers the keynote speech at the annual...

  • *Oil shored up amid U.S.- Iran military tensions in the Gulf. TOKYO, Aug 26- Caution ahead of a speech by Federal Reserve Chair Janet Yellen at the annual gathering of central bankers in Jackson Hole, Wyoming, limited movements across global markets on Friday. MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.2 percent.