CNBC's Steve Liesman discusses what today's ISM and employment data means for Fed policy and interest rates.» Read More
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.
*Economic sanctions loom for Russia. FRANKFURT, July 27- With the prospect of stiffer sanctions against Russia rattling confidence in Europe, investors will be looking to the United States and China to underpin the global economy.
WASHINGTON, July 25- The U.S. House Financial Services Committee said on Friday that it will vote on a bill next week aimed at bringing more transparency to the Federal Reserve, including the controversial requirement of adopting a rules-based approach to its policy.
NEW YORK, July 25- Even if data next week shows a mediocre rebound in U.S. economic growth, that might be enough to keep the stock market aloft at record highs and the Federal Reserve steadfast in its winding down of stimulus through bond purchases.
*Japan CPI as expected, muted reaction from dollar/yen. LONDON, July 25- The euro struggled to hold above eight-month lows against the dollar on Friday, hurt by a dive in Germany's Ifo survey of business sentiment heading in to the end of the U.S. currency's strongest week since March.
LONDON, July 25- Germany's influential Ifo survey of business sentiment looked set to determine the euro's path at the end of a week marked by a steady upwards push for the dollar that could herald a long-forecast break higher. In early European trade, the euro was virtually unchanged at $1.3461, having recovered from eight-month lows around $1.3438 on Thursday.
TOKYO, July 25- Asian shares pulled back from this week's three-year highs on Friday after a mostly flat day on Wall Street, though a fresh S&P closing record and upbeat U.S. employment data underpinned sentiment.