CNBC's Rick Santelli discusses the latest action in the bond market, as the euro "continues to be a barn burner."» Read More
LONDON, Feb 25- Gold edged down on Tuesday, consolidating below its strongest level in four months as investors awaited data due later in the session for clues on the pace of the U.S. economic recovery. Spot gold was down 0.3 percent to $1,332.51 an ounce by 1049 GMT, having gained more than one percent to its highest since Oct. 31 at $1,338.60 on Monday.
Market participants in Asia remained focused on China, where a recent spate of soft data has raised concerns about the outlook for growth, in addition to lingering fears about the impact of the government's efforts to cool the property market.
*Risk currencies benefit from easing Ukraine fears for now. The dollar index stood at 80.21, near the middle of its range in the past week between 79.93 and 80.42, with safe-haven demand for the greenback receding on growing hopes Ukraine may find some stability after the fall of Russian-backed president Viktor Yanukovich.
CNBC's Rick Santelli shares his thoughts on why yields are not going up and the U.S. dollar index is "going nowhere fast."
Feb 21- As the financial crisis deepened in 2008, Janet Yellen argued at least twice for a more aggressive cut to interest rates than most of her colleagues at the Federal Reserve, internal documents unsealed on Friday showed.
Feb 21- Federal Reserve policymakers, in an emotional meeting on one of the darkest days of the 2008 financial crisis, were worried the failure of Lehman Brothers a day earlier would wreak havoc on a teetering financial system but feared cutting already low interest rates might prove an over-reaction.
CNBC's Steve Liesman provides insight on the Federal Reserve's release of the discussions at the 2008 crisis meeting.
Federal Reserve on Friday unveiled some of its internal conversations from the darkest days of the financial crisis, releasing to the public transcripts of policy-setting meetings for the year 2008..
U.S. home resales fell more than expected in January, hit an 18 month-low as cold weather and lack of housing stock sidelined buyers.
CNBC's Rick Santelli discusses the latest action in the bond market, and examines the dollar index.
*Dollar index climbs, trades above recent 7- week low. *Swedish crown falls to 2- month low vs euro after data. LONDON, Feb 21- The dollar rose against a basket of currencies on Friday, on track for its first weekly gain in three weeks, boosted by higher U.S. yields and data that underpinned hopes for sustained economic strengthening.
Are big bank leaders like Jamie Dimon the most influential on Wall Street—or activist investors like Carl Icahn?
WASHINGTON, Feb 20- Federal Reserve Chair Janet Yellen will testify before U.S. lawmakers on Feb. 27 after a Senate panel previously canceled the original hearing date due to a recent snowstorm in Washington, D.C.. She will face the Senate Banking Committee at 10:00 a.m. on Feb. 27, the committee said.
CNBC's Rick Santelli discusses the latest action in the bond market, interest rates and the dollar/yen.
The number of Americans filing for new unemployment claims fell last week, pointing to improving jobs markets.
*Muted reaction to record Japan trade deficit. TOKYO, Feb 20- The dollar held firm against a basket of major currencies on Thursday, drawing support from minutes of the U.S.
NEW YORK/ ST. LOUIS, Feb 19- Three Federal Reserve officials on Wednesday said they believe the U.S. economy is gaining traction despite a recent slowdown from cold weather, allowing the central bank to stick to its plan to wind down its massive bond-buying stimulus this year.
*A' clear presumption' of more $10- bln cuts to bond buys. Feb 19- Several Federal Reserve policymakers wanted to drive home the idea that their asset-purchase program would be trimmed in predictable, $10- billion steps unless there is a big economic surprise this year, according to minutes of their last meeting.
NEW YORK, Feb 19- Stock markets around the world mostly dipped on Wednesday as investors held off from making big bets ahead of the release of minutes from the U.S. Gold prices were also near breakeven levels.
CNBC's Rick Santelli discusses the latest action in the bond market, interest rates and the U.S. dollar.