The November jobs report confirms the economy is improving, but not enough to push the Fed to remove stimulus this month.» Read More
TOKYO, Nov 19- The dollar was kept in check in early Asian trade on Tuesday, reflecting expectations that the Federal Reserve will keep its easy policy stance and on sharpened appetite for risk following Beijing's announcement of sweeping reforms.
SINGAPORE, Nov 19- Gold struggled on Tuesday to shake sharp losses from the previous session, hurt by stronger equities and fresh uncertainty over the outlook for U.S. stimulus. *Spot gold was flat at $1,274.21 an ounce at 0022 GMT, after dropping 1.2 percent on Monday.
Derek Halpenny, European Head of Global Markets Research at Bank of Tokyo-Mitsubishi UFJ says the ECB will be forced into action as it's mandate remains unfulfilled.
TOKYO, Nov 19- Asian shares slipped back from a two-week high on Tuesday after the previous session's hefty gains on China's economic reform plans, while the dollar was on the defensive on expectations the Federal Reserve will keep its stimulus a little longer.
WASHINGTON, Nov 18- The Senate Banking Committee will vote on Thursday on President Barack Obama's nomination of Janet Yellen to be the next chair of the U.S. The committee will meet at 10 a.m. to vote on whether to send Yellen's nomination to the full Senate for consideration, it said in a statement on Monday.
*Activist investor Carl Icahn says cautious on the stock market. NEW YORK, Nov 18- The dollar dropped against the yen and euro on Monday after China announced its most sweeping economic and social reforms in nearly three decades, lifting investors' appetite for higher-yielding currencies.
WASHINGTON, Nov 18- The U.S. Senate Banking Committee said it would vote on Thursday on President Barack Obama's nomination of Janet Yellen to be the next chair of the Federal Reserve. The committee will meet at 10.00 a.m. to vote on whether to send Yellen's nomination to the full Senate for consideration, it said in a statement on Monday.
NEW YORK, Nov 18- Top Federal Reserve officials from opposite sides of the policy spectrum pointed to improvement in the U.S. economy on Monday, adding more weight to the notion that the central bank is getting close to reducing the pace of its monthly asset purchases.
NEW YORK, Nov 18- U.S. Treasuries prices rose on Monday on expectations the Federal Reserve will continue its bond-buying program under new head Janet Yellen, though comments from another Fed speaker underscored the crossroads facing the central bank. Markets see current Fed Vice Chair Janet Yellen as dovish.
NEW YORK, Nov 18- U.S. oil futures fell on Monday, weighed down by expectations the Federal Reserve could taper its bond buying program. Crude prices fell quickly in early afternoon activity after William Dudley, the president of the Federal Reserve Bank of New York, said he was "getting more hopeful" on prospects for U.S. economic recovery.
Amid new exchange rules, Goldman resumes sales talks of its metals warehousing business with potential buyers largely outside the United States.
NEW YORK, Nov 18- U.S. oil futures fell more than $1 per barrel on Monday on the view that supplies were ample, along with worries that demand could weaken after a U.S.
Continued reaction to comments from the likely next Fed Chairperson Janet Yellen drove the Treasury market's gains, said Kevin Giddis, head of fixed income capital markets head at Raymond James.
NEW YORK/ LONDON Nov 18- Goldman Sachs plans to resume talks with parties interested in buying its metals warehousing business now that new exchange rules have been released, a source familiar with the matter said on Monday.
Art Cashin of UBS talks about why he's not buying into conventional wisdom that stocks will continue to move higher.
NEW YORK, Nov 18- William Dudley, an influential U.S. central banker who has been one of the staunchest supporters of easy-money policies, on Monday said he was "getting more hopeful" on prospects for the beleaguered U.S. economic recovery.
*Major powers, Iran to resume nuclear talks this week. Investors also awaited news from a meeting beginning on Wednesday between Iran and world powers over ending its nuclear program that may provide insight on whether sanctions against Iran would be lifted and, if so, when.
*Record highs on Wall Street restrain gains for safe-haven debt. NEW YORK, Nov 18- U.S. "The Treasury market is trading slightly higher as bonds continue to react to comments from the likely next Fed Chairperson, Janet Yellen," said Kevin Giddis, senior managing director and head of fixed income capital markets head at Raymond James.
*Australian and New Zealand dollars outperform on China reforms. NEW YORK, Nov 18- The safe-haven dollar and yen fell on Monday after China announced its most sweeping economic and social reforms in nearly three decades, boosting investor appetite for higher-yielding currencies such as the Australian and New Zealand dollars.
CNBC's Kelly Evans shares her thoughts on today's market activity at Post 9 including economist Larry Summers speech on QE and what it means to the broader growth of the economy.