CNBC's Rick Santelli discusses the latest action in the bond market, as short-term yields remain stubbornly higher than long-term yields. Also a look at the winning play between the U.K pound versus the U.S. dollar.» Read More
LONDON, April 11- Gold held around 2-1/ 2 week highs on Friday, heading for its biggest weekly rise in a month on sagging risk appetite and increasing hopes the U.S. Gold futures for June delivery were up 0.1 percent to $1,321.70 an ounce.
Jacob Lew is warning Russia that it could face tougher sanctions over Ukraine, but other powers are reluctant to go along.
LONDON, April 11- Gold steadied below 2-1/ 2 week highs on Friday, heading for its best week in a month on sagging risk appetite and increasing hopes the U.S. Gold futures for June delivery were down 0.1 percent to $1,319.40 an ounce.
LONDON, April 11- The yen fell back a third of a percent against the dollar on Friday but remained on track for its best week since the start of March as a slump in confidence in U.S. stock markets sent investors scurrying for traditional safe havens.
That's despite a variety of threats including rising political tensions over Russia's actions in Ukraine.
TOKYO, April 11- The yen was on track to post its biggest weekly gain against the dollar in four weeks on Friday as a Wall Street share selloff and Asia's diminishing risk appetite boosted the safe-haven yen. Market participants said renewed concerns over Ukraine were also a factor to watch, with the yen standing to gain from its safe-haven status.
SYDNEY, April 11- The dollar is on track for its biggest weekly fall in nine-months early on Friday, having given up all of its recent gains as markets become increasingly convinced that any interest rate hike by the Federal Reserve is still a long way off.
April 10- Since neither words, nor charts nor numbers seem capable of expressing when the Fed will raise interest rates, perhaps they need to adopt some new kind of symbol. What's the symbol for "The first day of never"? Didn't Prince already use that?
NEW YORK/ LONDON, April 10- Gold rose to its highest price in more than two weeks on Thursday, boosted by a sharp pullback in U.S. equities and follow-through buying a day after minutes from the Federal Reserve's latest policy meeting revealed its cautious approach in future interest-rate hikes.
NEW YORK, April 10- The U.S. A steep selloff on Wall Street, where the major indexes lost between 1 and 3 percent, ramped up safe-haven bids for Treasuries and stoked demand at a $13 billion 30- year bond auction that fetched the lowest yield in 10 months.
NEW YORK/ LONDON, April 10- Gold rose to its highest in nearly three weeks on Thursday, boosted by follow-through buying a day after minutes from the U.S. "It changed the dynamic of the gold market because now the fear of Fed raising rates has been pushed back further into the future," said Phillip Streible, senior commodities broker at RJ O'Brien.
*Fed to buy $2.75- $3.50 billion debt that matures in 2018. NEW YORK, April 10- U.S. Treasuries prices rose modestly on Thursday before a $13 billion auction of 30- year bonds after market-friendly minutes from the Federal Reserve's March policy meeting spurred a rally in short-to-medium notes, sending yields to three-week lows.
It looks as though long-end rates are likely to move lower, says CNBC's Rick Santelli discussing the latest trends in the bond market, and the U.S. dollar.
A dovish Fed managed to reverse market perception that it would be more aggressive with rate hikes and spun the onus back to the economy.
LONDON, April 10- Gold rose nearly one percent on Thursday, reaching a 2-1/ 2 week high as the dollar dropped after minutes from the Federal Reserve's policy meeting suggested officials will be cautious on increasing interest rates soon.
Peter Cardillo, chief market economist at Rockwell Global Capital, says the minutes revealed the Fed is testing the market and that interest rates won't be raised "anytime soon."
SYDNEY/ SINGAPORE, April 10- The dollar hit a three-week low versus a basket of major currencies on Thursday after minutes from the Federal Reserve's March meeting disappointed dollar bulls, while the Aussie dollar surged on data showing solid Australian jobs growth.
*Gold scales fresh 2- week high. SINGAPORE, April 10- Gold extended gains to a third session on Thursday, scaling fresh two-week highs, after minutes from the Federal Reserve's policy meeting showed that officials were not keen on increasing interest rates anytime soon.
*Toyota falters on recall of vehicles, BoFA Merrill cuts rating. Federal Reserve eased worries over the timing of rate hikes, though Toyota Motor extended losses as investors punished it for its latest global recall of vehicles.
*BOJ's Kuroda surprised with hawkish tone in first live briefing. TOKYO, April 10- Japan's central bank governor, Haruhiko Kuroda, gave the yen its biggest boost in over seven months and sent Tokyo stocks tumbling with hawkish comments this week, but his aim was more to jolt market psychology than to signal a change in policy.