Draghi said it would be "helpful for the overall stance of policy" if fiscal policy could play a greater role alongside the ECB's monetary policy.» Read More
TOKYO, Aug 20- Asian stocks were steady on Wednesday after strong U.S. housing data lifted Wall Street shares, helping nudge Treasury yields higher and keeping the dollar well bid against the euro and yen. Tokyo's Nikkei gained. 0.2 percent and South Korea shares rose 0.4 percent. MSCI's broadest index of Asia-Pacific shares outside Japan was flat.
*Wall St boosted by Home Depot results, housing data. NEW YORK, Aug 19- Wall Street got a lift from the U.S. housing sector and extended a global stock markets rally on Tuesday as investors shifted focus from political crises to expectations monetary policy will remain accommodative.
While the Kansas City Fed's conference has been held every August since 1978 a quick check of Google shows the world only showed small interest in it until 2006. That, of course, was the last year before the financial crisis took hold, since when there has been an annual spike in stories detailing what Jackson Hole participants may say, what they actually did say, and how much markets went up after they said it.
*Palladium sinks from Monday's 13- year high. NEW YORK/ LONDON, Aug 19- Gold futures eased on Tuesday, under pressure from buoyant equities markets and a stronger dollar after upbeat U.S. economic data, and palladium sank from Monday's 13- year high as traders booked profits. "Gold obviously didn't like the U.S.
*Home Depot climbs after earnings, outlook. *Apple retakes triple-digit territory, hits $100. NEW YORK, Aug 19- U.S. stocks advanced on Tuesday after solid earnings from Home Depot helped lift retailers' shares and Apple touched $100 for the first time since its stock split this summer.
NEW YORK, Aug 19- U.S. I think we'll be relatively rangebound, "said Thomas Simons, money market economist at Jefferies LLC in New York. "I think people are realizing that inflation is, at least for now, stabilized and heading back to a more normal level and not accelerating," said George Goncalves, head of rates strategy in the Americas at Nomura Securities in New York.
*Palladium hovers below 13- year high of $900 an ounce. Palladium steadied near a 13- year high of $900 an ounce hit in the previous session, supported by worries about supplies from top producer Russia and strong demand prospects.
*Home Depot climbs after earnings, outlook. NEW YORK, Aug 19- U.S. stocks rose on Tuesday, after solid earnings from Home Depot and supportive economic data on inflation and the housing market.
LONDON, Aug 19- Copper prices steadied on Tuesday as encouraging signs from the U.S. economy offset concerns about top consumer China's struggling property sector and the outlook for industrial metals demand. Analysts said upcoming economic data from the United States and China could give a better picture of the copper demand outlook.
LONDON, Aug 19- Copper prices steadied on Tuesday, as encouraging signs from the U.S. economy offset concerns about top consumer China's struggling property sector and the outlook for industrial metals demand. Analysts said upcoming economic data from the United States and China could give a better picture of the copper demand outlook.
Palladium steadied near a 13- year high of $900 an ounce hit in the previous session, supported by worries over supplies from top producer Russia and strong demand prospects.
*Europe higher, follows on from Asia, U.S. gains. LONDON, Aug 19- Global stocks rose and core bonds barely moved on renewed investor appetite for risk on Tuesday, driven by a lack of escalation of the Ukraine crisis and upbeat U.S. housing data that buoyed Asian and European markets.
TOKYO, Aug 19- The dollar steadied on Tuesday after Monday's gains on upbeat U.S. housing data and a rise in U.S. bond yields, but traders are waiting for hints on Federal Reserve policy intentions before they test major resistance levels.
*Skymark soars on report that AirAsia is considering aid.
TOKYO, Aug 19- The dollar held firm on Tuesday after a solid U.S. housing data and a rise in U.S. bond yields on the back of hopes of an easing of geopolitical tensions.
Treasury yields pulled away from recent lows on upbeat U.S. housing data and hopes of progress in the Ukraine crisis.
SYDNEY- Reserve Bank of Australia will release the minutes of its August policy board meeting- 2340 GMT. SALZBURG, Germany- Federal Reserve Bank of New York Deputy General Counsel and Senior Vice President Joyce Hansen, Austrian National Bank Deputy Governor Andreas Ittner and Bundesbank Board member Andreas Dombret speak at Salzburg Global Seminar.
NEW YORK/ LONDON, Aug 18- Gold fell on Monday as the threat of an escalation of tensions in Ukraine appeared to wane for now, and a rally in global equity markets and strength in the dollar sent bullion prices below $1,300 an ounce.
*Russia: Humanitarian convoy issue resolved, but no cease-fire. NEW YORK, Aug 18- U.S. stocks surged on Monday, with the Dow up roughly 1 percent and the Nasdaq at a 14- year high as increasing homebuilder confidence and hopes for receding tensions between Russia and Ukraine brightened investors' view of the outlook for equities.
*Dollar General offers to buy Family Dollar. Russia said all issues related to its humanitarian convoy to Ukraine had been resolved but said no progress has been made toward a ceasefire or political solution to the fighting in the east of the country after talks between Russia, Germany, France and Ukraine on Sunday.