Robert Prior-Wandesforde, Director, Asia Economics at Credit Suisse explains why he sees better potential for Indian markets going forward while Indonesia remains vulnerable.» Read More
Inconclusive data in the United States has given few clues as to when the Federal Reserve might bring its policy of easy money to an end, while markets are still waiting for the European Central Bank to come to the euro zone's rescue again with more than just another interest rate cut.
CHICAGO, Dec 6- A top Federal Reserve official, who has been one of the most ardent supporters of the U.S. central bank's bond-buying stimulus program, said he was open to curtailing the purchases this month, although he would prefer to wait.
CNBC's Kayla Tausche explains the Volcker Rule wants to prevent banks from placing outsized trades using their own money. The rule is set to be approved on Tuesday.
Does the jobs report give the Fed permission to taper? CNBC's Jeff Cox and Matthew Slaughter, Dartmouth College, economics professor & associate dean, Tuck School of Business, discuss the QE effect on the economy and when taper should begin.
Discussing how the jobs report influenced the big market day, with Abigail Doolittle, Peak Theories; Rich Peterson, S&P Capital IQ; Robert Luna, Sure Vest Capital Management; Kenny Polcari, O'Neil Securities; and CNBC's Rick Santelli.
Stocks market stages unexpected reaction after November Jobs Report comes in stronger than expected at 203,000.
Discussing how the Fed may interpret today's jobs data, with Michael Cuggino, Permanent Portfolio Funds, and Steve Auth, Federated Investors.
NEW YORK, Dec 6- The dollar rallied against the yen on Friday after stronger-than-expected U.S. jobs data raised chances the Federal Reserve may start paring its bond buying program sooner than expected. U.S. employers added 203,000 new jobs in November, exceeding expectations, and the jobless rate fell to a five-year low of 7.0 percent, the Labor Department said.
CHICAGO, Dec 6- A top Federal Reserve official said on Friday he was "open-minded" to the idea of reducing the U.S. central bank's bond purchasing stimulus program this month, but he would like to see a stronger labor market first.
CNBC's Kayla Tausche reports regulators are expected to approve a final draft of the Volcker Rule. Cantor Fitzgerald CEO Shawn Matthews, weighs in.
Cantor Fitzgerald CEO Shawn Matthews thinks the equity market can continue to rise. He also thinks growth stocks will continue to do well.
CHICAGO, Dec 6- A top Federal Reserve official said on Friday he would ideally like to see more signs of recovery in the labor market before the U.S. central bank reduces its bond-buying stimulus program, although he was open-minded.
What today's jobs report means to the Federal Reserve, and whether it's finally safe to taper, with CNBC's Steve Liesman and the FMHR traders.
*Wall Street climbs after upbeat U.S. payrolls report. NEW YORK, Dec 6- Global equity markets surged and the dollar rose against the yen on Friday after stronger-than-expected U.S. jobs data boosted the case for the scaling-back of Federal Reserve stimulus later this month.
Jose Wynne, head of foreign exchange research at Barclays, says that Friday's jobs number is not strong enough to trigger an early start to Federal Reserve tapering.
Jack Ablin, BMO Private Bank executive VP & CIO, and David Kelly, JPMorgan Funds chief global strategist, discuss when the Fed will likely taper. "We are going move away from taper and put an emphasis on forward guidance," says Ablin.
Jan Hatzius, Goldman Sachs chief economist, comments on the jobs report , when he expects tapering and discusses his healthy economic outlook for 2014.
Gold dove on the jobs report, then soared. Here's the surprising reason why.
Gold fell after US jobs data beat forecasts, strengthening the case for the Fed to reduce bond purchases soon.
U.S. Treasury bonds gyrated following the all-important non-farm payrolls report for November.