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Janet Yellen

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  • US STOCKS-Futures lower ahead of raft of data Tuesday, 26 May 2015 | 7:36 AM ET

    May 26- U.S. stock index futures were lower on Tuesday ahead of a raft of data and after Federal Reserve Chair Janet Yellen indicated that the central bank could raise interest rates this year. *New home sales data at 10:00 a.m. ET is expected to show sales increased to an adjusted annual rate of 510,000 units in April from 481,000 units in March.

  • LONDON, May 26- Gold fell more than 1 percent on Tuesday as the dollar extended gains following stronger U.S. inflation data and comments from Federal Reserve Chair Janet Yellen that reinforced the central bank's tightening bias on monetary policy. "The dollar is back in vogue, it's turned after last week's strong CPI data, Yellen comments, and there should be more...

  • LONDON, May 26- Copper steadied on Tuesday as investors weighed the negative impact of a stronger dollar against expectations that demand from top consumer China will recover in the second half, thanks in part to government stimulus measures. China's state planning agency on Monday released a list of more than 1,000 proposed projects totalling 1.97 trillion...

  • LONDON, May 26- Greece's financial crisis and signs of growing opposition to austerity in Spain sent the euro to its lowest level in a month on Tuesday, while shares and commodities took a knock as the dollar powered higher. Europe's main markets returned to action after a long weekend with the mood unsettled by Sunday's strong local election showing by...

  • WARSAW, May 26- The dollar rose 1 percent against a basket of currencies on Tuesday, extending gains since a round of improved inflation data last Friday and driving the euro below $1.09 for the first time in a month. In the first proper trade in London since a long holiday weekend, some pointed to growing nerves over Greece, as well as a fall back in German government...

  • Russian rouble opens weaker vs dollar Tuesday, 26 May 2015 | 3:10 AM ET

    MOSCOW, May 26- Russia's rouble opened sharply weaker against the dollar on Tuesday but was little changed against the euro, as the U.S. currency surged on global markets. At 0705 GMT, the rouble was 0.8 percent weaker against the dollar at 50.38 and had lost less than 0.1 percent to trade at 54.90 versus the euro. The dollar was over 1 percent stronger against a basket...

  • PRECIOUS-Gold drops to 2-week low as dollar rallies Tuesday, 26 May 2015 | 2:53 AM ET

    *Gold falls below $1,200/ oz, dollar at 8- year high vs yen. SINGAPORE, May 26- Gold fell nearly 1 percent to a two-week low on Tuesday as the dollar pushed higher following recent comments from Federal Reserve Chair Janet Yellen that reinforced the U.S. central bank's tightening bias on monetary policy. Gold's correlation with the dollar has started to strengthen...

  • *Euro stuck below $1.1000, Greek concerns persist. SYDNEY/ TOKYO, May 26- The dollar scaled a one-month high against a basket of major currencies on Tuesday, having remained bid after comments from Federal Reserve Chair Janet Yellen reinforced a tightening bias on interest rates. Yellen made it clear that the Fed will hike rates and under such conditions the...

  • *Gold steady just above $1,200/ oz. *Prices could break below $1,200 soon- technicals. SINGAPORE, May 26- Gold was stuck in a tight trading range above $1,200 an ounce on Tuesday, as the dollar jumped to a fresh one-month peak against a basket of major currencies on the prospect of higher U.S. interest rates this year.

  • TOKYO, May 26- Asian shares turned higher on Tuesday, reversing earlier losses on the back of gains in Hong Kong and China, while the dollar extended highs scaled in holiday-thinned trading in the previous session. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.5 percent, after eking out a late gain in the previous session.

  • MELBOURNE, May 26- London copper on Tuesday climbed away from three-week lows tipped the session before, as markets resumed after a long weekend buoyed as comments from a Fed official soothed concerns about an imminent start to a higher U.S. rate cycle. *The most-traded July copper contract on the Shanghai Futures Exchange advanced 1 percent to 45,060 yuan a...

  • SINGAPORE, May 26- Gold was stuck in a tight trading range above $1,200 an ounce on Tuesday, as the dollar firmed near a one-month peak against a basket of major currencies on prospects of higher U.S. interest rates this year. *Spot gold was steady at $1,206 an ounce by 0037 GMT. *The greenback was also boosted by weakness in the euro, which was pressured on worries Greece...

  • GLOBAL MARKETS-Asian shares slip, dollar stands tall Monday, 25 May 2015 | 8:28 PM ET

    *Monday's holiday in U.S., UK, much of Europe kept trading thin. TOKYO, May 26- Asian shares fell in early trading on Tuesday, while the dollar held near highs scaled in holiday-thinned trading in the previous session. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2 percent in early trade, after eking out a late gain in the previous session.

  • *Euro stuck below $1.1000, Greek concerns persist. SYDNEY, May 26- The dollar held near one-month highs against a basket of major currencies early on Tuesday, having remained bid in a session made sluggish by public holidays in the United States and Britain. The dollar index last traded at 96.381, not far from a high of 96.475 set late in the Asian session on Monday,...

  • *US, UK markets shut on Monday. LONDON, May 25- Gold prices rose sightly on Monday, even as the dollar gained traction against major currency rivals on signs the U.S. Spot gold was up 0.2 percent at $1,206.80 an ounce by 1826 GMT, just above a near-two-week low of $1,201.20 hit in the previous session.

  • LONDON, May 25- The dollar hit a one-month high against a basket of major currencies on Monday after stronger-than-expected underlying U.S. inflation bolstered the Federal Reserve's case for an interest rate hike later this year. Amid low volumes, with most of Europe as well as the United States shut for a holiday, the dollar index, which measures the greenback...

  • LONDON, May 25- Gold prices were marginally lower on Monday, as the dollar gained traction against major currency rivals, on signs the Federal Reserve is preparing to tighten monetary policy for the first time in six years in 2015.. Fed Chair Janet Yellen indicated on Friday that the U.S. central bank was poised to raise rates this year, with the world's largest...

  • *Markets in U.S., much of Europe closed on Monday. LONDON, May 25- European shares fell in thin trade on Monday while the dollar powered ahead after U.S. Investor concerns about Greece's debt problems and a poor regional and local election result by Spain's ruling People's Party also weighed on the euro and European shares.

  • *Volumes thin with London, Frankfurt and New York closed. LONDON, May 25- European equities fell on Monday, with the Spanish and Greek stock markets hit by investors' concerns over Greece's debt problems and a poor local election result for the Madrid government. Athens' main index equity index fell 1.2 percent after Greece's interior minister said on Sunday the...

  • *Markets in U.S., much of Europe closed on Monday. LONDON, May 25- European shares fell in thin trade on Monday while the dollar held firm after U.S. A warning on Sunday by Greece's interior minister that the country will not be able to meet a June 5 repayment to the International Monetary Fund, and political concerns in Spain after the ruling People's Party took a...