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  • Santelli's 'tale of two flatteners'  Friday, 30 Jan 2015 | 11:43 AM ET

    CNBC's Rick Santelli discusses bond prices and yields. Today he looks at a "tale of two flatteners."

  • OTTAWA, Jan 30- Canada's economy will keep growing this year, despite a sharp drop in oil prices, as a rise in exports to a recovering U.S. market offsets declines in domestic consumption and investment, the International Monetary Fund said on Friday. The IMF said it supports the Bank of Canada's recent move to lower interest rates, though it encouraged...

  • *Gold higher a day after 2 pct drop. LONDON, Jan 30- Gold firmed on Friday as investors weighed up the prospect of a U.S. interest rate rise later this year, with data showing economic growth cooled in the fourth quarter helping prices recover from the previous day's 2 percent plunge. Gold is still on track to post its biggest weekly fall in two months, however, on...

  • OTTAWA, Jan 30- Canada's economy unexpectedly shrank by 0.2 percent in November, prompting market talk that the Bank of Canada will cut interest rates in March for the second time in six weeks. "The data in hand do support the Bank of Canada's very bearish interpretation of the impact of lower oil on the Canadian economy," said Bill Adams, economist at PNC Financial...

  • Santelli: 10-year drops below key level  Friday, 30 Jan 2015 | 9:41 AM ET

    CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.

  • OTTAWA, Jan 30- Canada's economy unexpectedly shrank by 0.2 percent in November on weaker manufacturing, mining and oil and gas extraction, Statistics Canada data indicated on Friday. Last week the Bank of Canada shocked markets by lowering its key interest rate to counter a slump in oil prices that has cut growth and dragged the Canadian dollar down to more than...

  • Bob Doll, Nuveen Asset Management, discusses how low oil prices and a strong dollar is impacting earning and prompting market volatility. And Doll explains why the Fed needs to raise interest rates.

  • U.S. labor costs up solidly in fourth quarter Friday, 30 Jan 2015 | 8:32 AM ET

    WASHINGTON, Jan 30- U.S. labor costs rose solidly in the fourth quarter, which could keep the Federal Reserve on track to raise interest rates this year. The Employment Cost Index, the broadest measure of labor costs, increased 0.6 percent after an unrevised 0.7 percent gain in the third quarter, the Labor Department said on Friday. Economists polled by Reuters had...

  • *Gold higher a day after 2 pct drop. LONDON, Jan 30- Gold was on course for its biggest weekly fall in two months despite edging higher on Friday, a day after a 2 percent slide on expectations for a U.S. interest rate rise. Gold is up 6.7 percent so far this month on uncertainty over European stability, after the Swiss National Bank scrapped the franc's peg to the single...

  • ISTANBUL, Jan 30- The Turkish lira tumbled to a fresh record low against the dollar on Friday after a surprise Russian interest rate cut reinforced expectations that Turkey will ease monetary policy next week. Central bank governor Erdem Basci indicated on Tuesday that the bank could hold an extraordinary meeting as early as next Wednesday to discuss cutting...

  • BOGOTA, Jan 30- Colombia's central bank will likely keep its key lending rate unchanged for a fifth straight month on Friday, in an effort to bolster slowing economic growth amid plunging oil revenue and a mounting crisis in Europe. The vote comes as world economies grapple with a slump in prices for crude, Colombia's biggest export and source of foreign exchange,...

  • MOSCOW, Jan 30- Russian Finance Minister Anton Siluanov backed the central bank's decision to cut its main interest rate on Friday and said the bank had grounds to say it had the situation on the foreign exchange market under control. The central bank cut its main interest rate by 200 basis points to 15 percent as fears of recession mount following the fall in oil...

  • Russian finance minister backs central bank rate cut Friday, 30 Jan 2015 | 7:08 AM ET

    MOSCOW, Jan 30- Russian Finance Minister Anton Siluanov backed the central bank's decision to cut its main interest rate on Friday, and said the bank had grounds to say it had the situation on the foreign exchange market under control.

  • Russian central bank governor defends rate cut Friday, 30 Jan 2015 | 6:47 AM ET

    MOSCOW, Jan 30- Russian Central Bank Governor Elvira Nabiullina defended the bank's decision to cut rates on Friday, saying that the monetary loosening would stop an excessive slowdown in the economy. Nabiullina said in an emailed statement that the rate also remained high enough to allow the central bank to reach its inflation target in the medium term.

  • RUSSIAN CENTRAL BANK GOVERNOR NABIULLINA SAYS 15 PCT KEY RATE HIGH ENOUGH BUT WILL ALLOW TO TARGET INFLATION IN MEDIUM TERM- RIA NEWS AGENCY.

  • MOSCOW, Jan 30- The Russian rouble fell on Friday after the central bank unexpectedly cut its key interest rate, little more than a month after pushing it up to combat a crisis aggravated by low oil prices and Western sanctions over Ukraine. At 1105 GMT, the rouble was around 4 percent weaker against the dollar at 71.55 and lost over 4 percent to trade at 81.40 versus...

  • Russia's central bank cuts key interest rate  Friday, 30 Jan 2015 | 6:13 AM ET

    The bank cut its key rate by two points as the Russian economy slips towards recession due to low oil prices and Western sanctions, reports CNBC's Geoff Cutmore.

  • *Gold rebounds after 2 pct drop, eyes worst week in 2 mths. LONDON, Jan 30- Gold is headed its for its worst week in two months even as it edges higher on Friday, following a 2 percent slide in the previous session on expectations for a U.S. interest rate rise. Gold is up 6.7 percent so far this month on uncertainty over European stability, after the Swiss National Bank...

  • MOSCOW, Jan 30- Russia's central bank cut its key interest rate on Friday, defying expectations of a hold, as the economy slides towards recession because of a collapse in global oil prices and Western sanctions over the Ukraine crisis. Following the decision, the rouble fell, and was down over 3 percent on the day against the dollar and euro at 1045 GMT.

  • MOSCOW, Jan 30- Russia's central bank cut its key interest rate by two points to 15 percent on Friday, as the economy slides towards recession because of a collapse in global oil prices and Western sanctions over the Ukraine crisis. The central bank said in a statement it was reducing its one-week minimum auction repo rate, which had been 17 percent, seeing...