This is a good time to look outside of the U.S. for investment opportunities, says Russ Koesterich, BlackRock, sharing his investment strategies on where to invest in 2014. All emerging markets are not equal, Koesterich warns.» Read More
*Gold rally fades after move to cover short positions. LONDON, Dec 11- Gold prices slipped on Wednesday, after three days of gains as short-sellers rushed to cover bets on sharp price falls, as a tentative U.S. budget deal returned the focus to prospects for the Federal Reserve to curb monetary stimulus.
Drew Matus, UBS, and Jeffrey Saut, Raymond James, provide their thoughts on where the markets go from here as the Fed begins to consider exiting its asset buying program next year.
U.S. government debt prices moved lower on Wednesday, amid ongoing uncertainty as to when the Federal Reserve will begin tapering.
NEW YORK/ SAN FRANCISCO, Dec 11- Now that the central question before the Federal Reserve has shifted from whether to cut its extraordinary stimulus to when exactly to pull back, the debate at next week's meeting will center on how best to communicate that plan.
Stephen Schwartz, Chief Economist for Asia at BBVA, says that risky assets could see a bout of volatility when tapering happens.
*No immediate reaction to budget deal in Washington. TOKYO, Dec 11- The dollar wobbled near a six-week low against a basket of currencies on Wednesday, hurt by the perception the Federal Reserve is in no hurry to trim its monetary stimulus.
Peter Harper, Director, Distribution at BetaShares Capital, says $15 billion or less would be classified as a small taper, which wouldn't likely trigger a severe market reaction.
Alain Bokobza, Head of Global Asset Allocation, Societe Generale Corporate & Investment Banking says it is important to highlight the imbalances within each emerging economy when the Fed tapers.
Paul Gruenwald, Chief Economist, Asia Pacific at Standard & Poor's, discusses key risk scenarios and growth opportunities for Asia in 2014.
David Mann, Regional Head of Research, Asia at Standard Chartered Bank says 2014 will be the first year the global economy will be better after several years of being weak.
*No immediate reaction to budget deal in Washington. TOKYO, Dec 11- The dollar wobbled near a six-week low against a basket of currencies on Wednesday, hampered by a growing view that the Federal Reserve needs more positive economic data before it decides to start reducing its monetary stimulus.
Scott Nations, Chief Investment Officer & President at NationsShares, expects the Fed to cut back on stimulus by about $5 billion a month starting in December.
NEW YORK, Dec 10- The euro hit a six-week peak against the dollar on Tuesday, helped by expectations of a banking deal in the euro zone and a growing view the Federal Reserve needs more positive economic data before it decides to start reducing its monetary stimulus.
WASHINGTON, Dec 10- The U.S. Senate is likely to vote next week on President Barack Obama's choice of Janet Yellen to be the next chief of the Federal Reserve, a senior Senate Democratic aide said on Tuesday. Yellen, the Fed's vice chair, is widely expected to win Senate confirmation, which would make her the first woman to lead the U.S. central bank.
CNBC's Scott Wapner and Troy Gayeski, Skybridge Capital senior portfolio manager, discuss the probability of an aggressive December tape and if there is any more room for the market run.
CNBC's Bob Pisani and David Nelson, Belpointe Asset Management chief strategist, discuss QE and if market momentum will continue into 2014.
Gold settled more than 2 percent higher and near a three-week high on Tuesday, boosted by technical buying.
Are we out of the crisis? Dan Greenhaus, BTIG; Adam Grimes, Waverly Advisors CIO; and CNBC's Steve Liesman and Herb Greenberg discuss.
*Rambus rallies after settling with Micron. NEW YORK, Dec 10- U.S. stocks slipped on Tuesday, a day after a record close on the S&P 500, with traders looking ahead to next week's Federal Reserve meeting in the absence of market-sensitive economic data.
Discussing long-term challenges to the economy and the budget, with Former U.S. Treasury auto advisor and Chairman of Willett Advisors Steven Rattner.