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  • IBM disappoints, but something had to give Monday, 20 Oct 2014 | 10:46 AM ET
    Ginni Rometty, CEO of IBM

    IBM with a big miss, and abandons its 5-year plan for $20 in earnings by 2015.

  • LONDON, Oct 20- Sterling rose against the euro and the dollar on Monday, as traders bought it after last week's sharp losses, with its near-term direction set to be dictated by UK growth data. Third-quarter gross domestic product numbers on Friday could provide some support for the currency, which has been plagued by increasing doubts in the solidity of Britain's...

  • FOREX-Yen recovers ground as European stocks fall Monday, 20 Oct 2014 | 8:29 AM ET

    LONDON, Oct 20- The yen recovered some ground against the dollar on Monday as worries about global growth persisted, making investors wary of riskier assets. The European Central Bank, meanwhile, said it had started buying covered bonds, opening a new front in its battle to revive the euro zone economy and keep deflation at bay. The euro held up, and was 0.1 percent...

  • LONDON, Oct 20--- Neal Kimberley is an FX. After days of market mayhem, seemingly calmer conditions prevailing on Monday may prompt foreign exchange traders to question the euro's recent bounce from the $1.2550 level. Traders may conclude that the euro, trading at $1.2760 on Monday, has benefited from an unwinding of stale bets on the dollar, but that rise is not...

  • Sterling a touch higher, eyes on data, dollar Monday, 20 Oct 2014 | 5:26 AM ET

    LONDON, Oct 20- Sterling inched higher against the euro and the dollar on Monday, with its near-term direction set to rest on a round of UK data releases and whether this week sees a revival of a broader dollar rally. "There may be some support from the GDP numbers on Friday," said Jane Foley, a strategist with Rabobank in London. "But the message from the Bank of England's...

  • Wall Street rallied and U.S. The greenback got an extra boost against the yen on reports that Japan's $1.2 trillion Government Pension Investment Fund will significantly increase its allocation for stocks and boost its foreign asset holdings, in turn spurring demand for foreign currencies. "There are a number of factors providing some support for risk at the...

  • *Gold ticks up after two straight sessions of losses. SINGAPORE, Oct 20- Gold edged up on Monday towards a one-month high, recovering from earlier losses, as concerns about a slowdown in the global economy persisted despite strong U.S. data. Gold, along with other safe-haven assets such as bonds and the Japanese yen, had benefited over the past two weeks as investors...

  • MOSCOW, Oct 20- Russia's central bank said on Monday it had conducted 86.83 billion roubles worth of forex interventions to defend the rouble on Oct. 16. The central bank releases its interventions data with a time lag. The rouble has been sliding on falling oil prices and broad risk aversion towards Russia because of its role in the Ukraine crisis.

  • RUSSIAN CENBANK CONDUCTS 86.83 BLN ROUBLES WORTH OF FOREX MARKET INTERVENTIONS ON OCT 16.

  • US stocks move higher; IBM disappoints Monday, 20 Oct 2014 | 1:09 AM ET

    Asian stock markets rose Monday, led by a near 4 percent surge in Japan, after Wall Street's rebound eased nerves about the outlook for the world economy and investors looked ahead to a report on China's economic growth. KEEPING SCORE: Japan's Nikkei 225 soared 3.8 percent to 15,083.91, helped by exporter stocks as the dollar resumed its rise against the yen and a...

  • *Risk appetites in Asia improve after Wall Street rally. The greenback got a further lift against the yen after reports that Japan's $1.2 trillion Government Pension Investment Fund could boost foreign asset holdings, seen spurring demand for foreign currencies. "The dollar could extend its gains to the mid-107 yen level if equity market sentiment in Asia and...

  • Japan leads Asia stocks higher after US rebound Sunday, 19 Oct 2014 | 11:48 PM ET

    Asian stock markets rose Monday, led by a 3 percent surge in Japan, as nerves about the outlook for the world economy steadied after big gains on Wall Street. KEEPING SCORE: Japan's Nikkei 225 soared 3.3 percent to 15,018.55, helped in part by exporter stocks as the dollar resumed its rise against the yen. South Korea's Kospi was up 1.5 percent at 1,928.95 and Hong...

  • *Risk appetites in Asia improve after Wall Street rally. The greenback got a further lift against the yen after reports that Japan's $1.2 trillion Government Pension Investment Fund could boost foreign asset holdings, seen spurring demand for foreign currencies. "The dollar could extend its gains to the mid-107 yen level if equity market sentiment in Asia and...

  • *Risk sentiment in Asia improves after Wall Street rally. The greenback got a further lift against the yen after reports that Japan's $1.2 trillion Government Pension Investment Fund could boost foreign asset holdings, seen spurring demand for foreign currencies. Taking tips from Friday's rebound on Wall Street, Tokyo's Nikkei, which hit a five-month trough...

  • *23 pct want govt action at about 115 yen; 20 pct at 120 yen. TOKYO, Oct 20- Nearly half of Japanese firms think the government should start defending the yen at this month's dollar high of 110, a Reuters survey shows, underscoring the threat that rising fuel and other import costs pose to a fragile economy. While the yen has since regained some ground to around 106 on...

  • The Thomson Reuters/ University of Michigan preliminary October reading on the overall index on consumer sentiment unexpectedly rose to 86.4, the highest since July 2007. "The market sold aggressively throughout the week, and now is thinking maybe they had taken this too far," said Jose Wynne, global head of FX research at Barclays in New York.

  • Dollar edges higher on consumer sentiment data Friday, 17 Oct 2014 | 2:27 PM ET

    The U.S. dollar edged higher against a basket of major currencies on Friday after strong data on U.S. consumer sentiment calmed nerves.

  • European markets close: Greece rebounds     Friday, 17 Oct 2014 | 11:26 AM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the ECB's announcement to reduce its "haircut" on Greek debt.

  • NEW YORK, Oct 17- The U.S. dollar edged higher against a basket of major currencies on Friday after strong data on U.S. consumer sentiment calmed nerves after a week of severe market volatility. The Thomson Reuters/ University of Michigan preliminary October reading on the overall index on consumer sentiment came in at 86.4, the highest since July 2007 and marking...

  • The doves rule the day Friday, 17 Oct 2014 | 10:00 AM ET

    The doves are flying. Is there any doubt that, when it really comes to who influences markets, central banks rule the world?