Gold edged lower, weighed down by concerns the U.S. Federal Reserve could soon taper its stimulus.» Read More
LONDON, Dec 5- Nickel and tin rose on Thursday after Indonesia reiterated it would impose an export ban on ore, while copper dipped following strong U.S. economic data on worries the Federal Reserve could curtail monetary stimulus.
*China Mobile signs deal with Apple- report. NEW YORK, Dec 5- U.S. stock index futures were little changed on Thursday, ahead of data on the labor market and economic growth that may help investors assess whether the Federal Reserve may accelerate its timetable to wind down its monetary stimulus.
LONDON, Dec 5- Copper fell slightly on Thursday, after reaching a nine-day high in the previous session, as strong U.S. economic data strengthened the view that the Federal Reserve might curtail monetary stimulus sooner than expected.
Alain Bokobza, head of global asset allocation at Societe Generale, says an upcoming rise in gilt yields will force the Bank of England to "normalize" monetary policy and push through an interest rate hike in 2015 before the U.S. Federal Reserve.
Andew Economos, Head of Sovereign & Institutional Strategy, Asia at JP Morgan Asset Management tells CNBC's Cash Flow that the start of tapering could spark a final rally on the U.S. markets.
Jim McCaughan, CEO of Principal Global Investors, says recovery in the U.S. private sector is well established, suggesting there's a 50:50 chance of the Fed tapering its stimulus program in December.
Even with spotty economic data, the unofficial odds are rising that the Fed will announce plans at its December meeting to taper its bond-buying.
NEW YORK, Dec 4- U.S. stocks ended lower on Wednesday for a fourth session while Treasury yields rose as traders were cautious ahead of jobs data later in the week that could determine whether the Federal Reserve will cut its stimulus soon.
Many Americans are still skittish about US real estate but Chinese buyers are snapping up property in hot US markets, said Dolly Lenz.
NEW YORK, Dec 4- The Dow and the S&P 500 finished lower for the fourth consecutive session on Wednesday after investors found few reasons to make big moves, with uncertainty remaining over when the Federal Reserve will start to slow its stimulus.
NEW YORK/ LONDON, Dec 4- The price of gold rose nearly 2 percent for its biggest one-day gain in over a month on Wednesday, as heavy short-covering and new fund buying more than offset concerns the Federal Reserve may soon exit its bullion-boosting asset purchase scheme.
In an interview with CNBC, Pimco's Bill Gross comments on his outlook for next year, Treasury yields and unemployment.
*Investors unsure of Fed's timing for tapering. NEW YORK, Dec 4- U.S. stocks declined on Wednesday, with the S&P 500 off for a fourth straight session as investors worried that the market's rally to record levels was not justified, given uncertainty over when the Federal Reserve will start to slow its stimulus.
The Beige Book says the economy continues to expand at a modest to moderate pace, reports CNBC's Steve Liesman.
*Investors unsure of timing for Fed's tapering. NEW YORK, Dec 4- U.S. stocks edged lower in choppy trading on Wednesday, with the S&P 500 falling for a fourth session in a row, as U.S. economic data sparked speculation on how soon before the Federal Reserve starts to wind down its stimulus program.
*Stocks down as ADP, home sales data counter services numbers. NEW YORK, Dec 4- U.S. stocks fell back on Wednesday after a brief rebound while Treasury yields edged higher as strong data on U.S. private-sector jobs growth and home sales raised expectations that the Federal Reserve will roll back its stimulus sooner than later.
LONDON, Dec 4- Euro zone bonds fell across the board on Wednesday as U.S. data showed growing momentum in the world's biggest economy that could prompt the Federal Reserve to start scaling back its monetary stimulus soon.
*Wall Street higher after weak start on mixed data. NEW YORK/ LONDON, Dec 4- Stocks edged higher after a weak start on Wall Street on Wednesday, while Treasury yields rose after strong data on U.S. private-sector jobs growth and home sales raised expectations that the Federal Reserve will roll back its stimulus sooner than later.
CNBC's Bob Pisani and Art Cashin, of UBS, discuss the outlook on jobs and housing, after this morning's ADP report and the decline in mortgage applications.
CNBC's Rick Santelli discusses the latest action in the bond market, the Federal Reserve and interest rates.