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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?
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 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.
TOKYO/ SYDNEY, July 28- The U.S. dollar hovered near six-month highs against a basket of major currencies on Monday, holding onto solid gains made last week as investors turned bearish on the euro.
*China stocks gain after jump in industrial firm profits. TOKYO, July 28- Asian stocks shrugged off a drop in Wall Street and hovered near three-year highs on Monday, with China taking the lead after data showed a robust jump in profits earned by industrial firms in the world's second-largest economy.
TOKYO, July 28- Asian stocks dipped in early trade on Monday after disappointing earnings hit Wall Street, while the dollar hovered near six-months peaks against a basket of major currencies.
SYDNEY, July 28- The U.S. dollar hovered near six-month highs against a basket of major currencies early on Monday, holding onto solid gains made last week as investors turned bearish on the euro.
Between GDP, employment data and earnings reports, investors will have a lot to chew over this week. But here's what the real driver could be.