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Janet Yellen

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  • 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...

  • Yellen not as hawkish as market thinks: Schlossberg

    Boris Schlossberg, managing director at BK Asset Management, says that there needs to be a couple more months of better U.S. economic data, before the Federal Reserve normalizes rates.

  • *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...

  • *US, UK markets shut on Monday. LONDON, May 25- Gold edged lower on Monday as the dollar strengthened to a one-month high on signs the Federal Reserve is readying to raise interest rates for the first time in six years in 2015.. Spot gold was down 0.1 percent at $1,204.46 an ounce by 0847 GMT, just above a near-two-week low of $1,201.20 hit in the previous session.

  • Global stocks mostly higher in quiet trading day Monday, 25 May 2015 | 4:49 AM ET

    BEIJING— Asian stocks were mostly higher Monday on a quiet trading day with Hong Kong, Wall Street and London closed for holidays. London and Frankfurt were closed for holidays. Wall Street is closed Monday for Memorial Day.

  • Greek, French, Italian shares fall in thin trading Monday, 25 May 2015 | 4:44 AM ET

    LONDON, May 25- European equities fell on Monday, tracking Friday's losses on Wall Street and as a Greek minister said Athens cannot make debt repayments next month unless Greece reaches a deal with its creditors. Greece's ATG index fell 2.5 percent on the comments by Interior Minister Nikos Voutsis during a weekend TV show. The benchmark French CAC 40 index was...

  • LONDON, May 25- The dollar was firm near a two-month high against the yen on Monday and held gains against the euro after stronger-than-expected underlying U.S. inflation supported the Federal Reserve's case for an interest rate hike later this year. Fed Chair Janet Yellen's comments that the central bank was poised to raise rates in 2015 also shored up...

  • French, Spanish and Italian stock markets fall Monday, 25 May 2015 | 3:23 AM ET

    Trading volumes in Europe were expected to be thin as several markets in countries including the United Kingdom, Germany and the United States were shut for holidays. Spain's IBEX fell 1 percent after the ruling People's Party took a battering in regional and local elections on Sunday after voters punished Prime Minister Mariano Rajoy for four years of...

  • Bond speculators could get 'fingers burnt': CEO   Monday, 25 May 2015 | 3:00 AM ET
    Bond speculators could get 'fingers burnt': CEO

    David Kuo, CEO of The Motley Fool, says that investors looking to make a "quick buck" from bonds could get "creamed" when interest rates rise in the U.S.

  • TOKYO, May 25- Asian shares got off to a slow start on Monday after U.S. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.1 percent in early trade, with weakness in Southeast Asia offset by rises in China, Australia and South Korea. "For the first time in nearly two months, investors began rewarding the dollar for good economic data rather than...

  • Asian stock markets mostly higher in quiet trading day Sunday, 24 May 2015 | 11:29 PM ET

    BEIJING— Asian stocks were mostly higher Monday on a quiet trading day with Hong Kong, Wall Street and London closed for holidays. Singapore, Manila and New Zealand also rose. GREECE DEBT: Greece's ruling Radical Left Coalition rejected a call by party hardliners to skip its next payment to the International Monetary Fund.