CNBC's Rick Santelli discusses bond prices and yields.» Read More
Dr. Helmut Siekmann, professor and chair of money, currency and central bank law at the Institute for Monetary and Financial Stability at Goethe University, says many of the problems remaining in the euro zone are structural and need government reform.
FRANKFURT, Dec 5- New projections from the European Central Bank on Thursday will probably point to euro zone inflation remaining below target into 2015, raising pressure on the bank to take fresh action to stimulate the economy next year.
Stefan Schneider, chief German economist and head of German macroeconomics research at Deutsche Bank, discusses whether the European Central Bank will begin an asset purchasing program.
*Interest rates seen on hold after surprise November cut. FRANKFURT, Dec 5- New economic projections from the European Central Bank on Thursday are likely to point to euro zone inflation remaining below target into 2015, raising pressure on the bank to take fresh policy action next year.
NEW YORK/ LONDON, Dec 4- Service sector activity expanded around the world in November, albeit at a slower rate, while strong U.S. data housing and jobs figures brightened the outlook for growth, data showed on Wednesday. The upbeat housing data turned the stock market around later in the session, and Wall Street shaved its initial losses.
*Bank of Canada holds key rate at 1.0 percent. *Says risks of low inflation appear to have increased. OTTAWA, Dec 4- The Bank of Canada held its key interest rate steady on Wednesday but sounded a touch more dovish in its outlook, saying the risks of undesirably weak inflation appeared greater than they did six weeks ago.
*Next support below $1,200- analyst. SINGAPORE, Dec 4- Gold hit a fresh 5- month low on Wednesday as investors awaited more U.S. economic data due later this week to gauge the outlook for Federal Reserve bond purchases that have boosted bullion's appeal as a hedge against inflation.
CNBC's Rick Santelli discusses whether Detroit's bankruptcy ruling likely pushed interest rates lower.
*ECB interest rate decision, Dec 5, 1245 GMT. FRANKFURT, Dec 3- The European Central Bank is likely to hold off any fresh policy action on Thursday, but new staff forecasts will be in focus for signs of prolonged price weakness that could lead it to act again next year.
*Gold steady after 2.6 percent drop overnight. SINGAPORE, Dec 3- Gold traded near a five-month low on Tuesday as strong U.S. economic data stoked fears of an early end to the Federal Reserve's monetary stimulus, and the metal appeared vulnerable to further declines as more data is due this week.
Alberto Gallo, head of European macro credit research markets at RBS, says the European Central Bank will announce positive growth and inflation forecasts.
CHICAGO, Nov 27- U.S. manufacturers are pumping money into domestic operations again, according to government figures. The figures on so-called "capex" spending from the U.S. Commerce Department's Bureau of Economic Analysis offer a glimpse of the investment priorities of a sector that some argue is poised for growth after decades of contraction.
NEW DELHI/ SHIRDHON, India, Nov 28- Pandurang Ghorpade has the weather to thank as he hands out celebratory sweets to neighbours eager for a ride on his prized new possession, a gleaming red tractor bought in anticipation of a bumper harvest.
TORONTO, Nov 27- Economic growth in Canada should accelerate next year as a pick-up in the U.S. recovery boosts exports, but low inflation means the Bank of Canada can wait to raise interest rates until early 2015, the International Monetary Fund said on Wednesday.
Nov 27- U.S. consumer sentiment rose in November as wealthier Americans' outlook on the economy improved, a survey released on Wednesday showed.
Paul Krake, Founder at View from the Peak: Macro Strategies, explains why he sees more steam left in the S&P 500 rally.
After adjusting for inflation, net farm income for 2013 is expected to be the highest since 1973, USDA said. Cash crop receipts will fall 3 percent in 2013, USDA said, as some of the year's larger crops, especially corn and soybeans, will not be sold by year-end.