It may take a while before investors get a clear picture on just how well—or poorly—the U.S. economy is performing.» Read More
TOKYO, July 30- Asian shares were subdued while the dollar held steady near an eight-month high against the euro on Wednesday, as investors awaited key U.S. data as well as a U.S. The Fed will not be updating its economic forecasts and Chair Janet Yellen will not hold a press conference, keeping investors' focus squarely on the statement.
NEW YORK/ LONDON, July 29- Gold fell on Tuesday as investors nervously awaited the end of U.S. "What really mattered of course was what people were thinking would happen at the FOMC," said George Gero, a senior gold analyst at RBC Capital Markets in New York, referring to the meeting of the Fed's Federal Open Market Committee.
*Nonfarm payrolls forecast rising 233,000 in July. WASHINGTON, July 29- U.S employment growth likely retained enough momentum in July to help buoy the economy for the rest of the year. The recovery is on solid ground and we are expecting the data to show that in the month of July, "said Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ in New York.
WASHINGTON— This much is clear: The Federal Reserve will make another cut this week in its monthly bond purchases, which have been aimed at keeping long-term loan rates low. This much is not: When will the Fed start tightening its interest-rate policy to thwart any runaway inflation?
Jeffrey Rosenberg, BlackRock, shares his thoughts on Fed policy ahead of the FOMC meeting. We no longer need negative two percent interest rates and a massive size balance sheet, says Rosenberg.
CNBC's Fed Survey shows market pros aren't very confident the Fed can end its easy money polices without a market crash, a recession or bad inflation.
TOKYO, July 29- Japanese government bonds were mostly steady after a quiet morning session characterized by low trading activity as investors looked ahead to several key events and data this week.
*Ukraine- Russia tensions, Israel- Palestine cut gold's losses. NEW YORK/ LONDON, July 28- Gold was little changed on Monday as traders and investors awaited the outcome of a Federal Reserve policy meeting, while hazarding a guess on what U.S. jobs numbers for the month might be.
CNBC's Steve Liesman and Jeff Cox discuss possible dissent at the Fed over when Janet Yellen will start to hike rates. Cox says Yellen is a labor economist who believes the Fed can solve the labor problem.
CNBC's Steve Liesman provides insight to expectations for important economic data coming out this week.
Senior Fed officials seem to have slipped back into their pre-2008 ways, says Simon Johnson, a professor at MIT's Sloan school.
CNBC's Steve Liesman reports expectations from the Fed's monetary policy announcement and economic outlook.
CNBC's Patti Domm sits down with Peter Boockvar, The Lindsey Group Chief Market analyst, to discuss the Fed Preview.
*Second-quarter growth seen at 3.0 percent rate. WASHINGTON, July 28- U.S. economic growth likely rebounded in the second-quarter from a winter-induced slump at the start of the year and will probably continue to gather momentum through the rest of 2014..
LONDON, July 28- Gold edged down on Monday while the dollar was near multi-month highs, but prices held above $1,300 an ounce on heightened tensions between the West and Russia after talks of new sanctions.
CNBC's Steve Liesman takes a look at the week ahead for the economy with GDP, jobs and a Fed decision all coming in the next few days.
WASHINGTON— Fewer Americans signed contracts to buy homes in June, as the real estate market appears to have cooled off this summer. The National Association of Realtors said Monday that its seasonally adjusted pending home sales index slipped 1.1 percent to 102.7 last month. The index remains 7.3 percent below its level a year ago.
CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.
LONDON, July 28- Gold fell on Monday, as the dollar approached multi-month highs ahead of a series of economic data and policy releases, but prices held above $1,300 an ounce on heightened tensions between the West and Russia, and violence in the Middle East.
LONDON, July 28- The U.S. dollar hovered near six-month highs against a basket of major currencies on Monday, with data and policy releases this week set to determine whether its strongest week since March last week prefaces a broader move higher. The euro had stabilised a touch in an Asian session weakened by a holiday in Singapore.