The dollar index ended stayed on track for a record eighth month of gains on improving data and comments from Fed officials.» Read More
The bond market is starting to give the stock market agita, and focus could remain on interest rates Wednesday as traders try to handicap the Fed's next move.
Discussing if markets should be concerned by the Fed moving up its rate hike timeline, with CNBC's Steve Liesman and Jeff Cox. Liesman says the dissonance between the market and the Fed is a reason why Yellen may need to "kick" the bond market.
WASHINGTON, Sept 9- A top Federal Reserve official on Tuesday warned the biggest U.S. banks they will soon face capital surcharges that exceed international standards, a move he said could encourage some firms to shrink.
Pimco's Paul McCulley believes the Federal Reserve has a direct desire to pump up the U.S. stock market, even if it won't acknowledge so explicitly
SAN FRANCISCO, Sept 8- Investors expect the U.S. Economists of top Wall Street firms, for instance, see the third quarter of 2015 as the most likely date of the Fed's first rate rise, the paper said, and estimate the Fed's short-term interest-rate target will be at just 0.75 percent at the end of 2015 and 2.13 percent at the end of 2016..
While data from China may give clarity on a pattern of uneven growth there, it is in Europe that the prospects for the economy are most uncertain, although a ceasefire in Ukraine could lift the mood and avoid new EU sanctions on Russia this week.
Charles Plosser continued his push for the U.S. central bank to change its language on interest rate policy to reflect an improving economy.
Sept 6- Charles Plosser, president of the Philadelphia Federal Reserve Bank and the loan dissenter at the Fed's July policy meeting, on Saturday continued his push for the U.S. central bank to change its language on interest rate policy to reflect an improving economy and pave the way for a faster-than expected-interest rate hike.
*Most dealers see first rate hike in Q2 2015. *8 of 15 dealers see Fed ending bond investment in 2016. NEW YORK, Sept 5- A majority of Wall Street's top bond firms see the Federal Reserve starting to raise interest rates by the second quarter of next year, showing slightly more aggressive expectations compared with a month ago, a Reuters survey showed on Friday.
Discussing if today's jobs data was as bad as the report suggested and what it means for interest rates, with Dean Maki, Barclays, and CNBC's Steve Liesman.
OK, so the jobs report wasn't great. But look past the headline and this recovery is on—even if it's not a straight line up, says Michael Yoshikami.
WASHINGTON, Sept 5- U.S. employers hired the fewest number of workers in eight months in August and more Americans gave up the hunt for jobs, providing a cautious Federal Reserve with more reasons to wait longer before raising interest rates. Nonfarm payrolls increased 142,000 last month after expanding by 212,000 in July, the Labor Department said on Friday.
Paul Richards, UBS, shares his economic outlook for QE, rates and jobs, in the U.S. and in Europe.
Analyzing today's jobs number and how it may impact the Fed's decision to move interest rates, with Diane Swonk, Mesirow Financial chief economist, and Steve Massocca, Wedbush CIO.
CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.
LONDON, Sept 5- The euro hit a session high against the dollar and European shares pared losses on Friday after data showed U.S. jobs growth slowed in August, raising chances that rates will stay low for a longer period than markets had expected.
Sept 5- U.S. job growth slowed down sharply in August and more Americans gave up the hunt for work, giving a cautious Federal Reserve more reasons to wait a bit longer before raising interest rates. *Headline NFP: 142,000 vs 225,000. COMMENTS: WAYNE KAUFMAN, CHIEF MARKET ANALYST AT PHOENIX FINANCIAL SERVICES IN NEW YORK:.
*Average hourly earnings up 6 cents, work week steady. WASHINGTON, Sept 5- U.S. job growth slowed down sharply in August and more Americans gave up the hunt for work, giving a cautious Federal Reserve more reasons to wait a bit longer before raising interest rates.
*Nonfarm payrolls forecast increasing 225,000 in August. WASHINGTON, Sept 5- U.S. job growth likely accelerated a bit in August and the unemployment rate probably fell to 6.1 percent, offering fresh evidence of sustained momentum in the economy.
Mario Draghi just gave the euro bears a treat, says UBS investment chief Simon Smiles.