Calls for the bond market to drop this year have largely come to naught, and some analysts are now looking for gains.» Read More
Federal Reserve's decision to end its asset-purchase program could create "liquidity risks" for Hong Kong banks. The Hong Kong dollar is pegged to the U.S. dollar, so Hong Kong's domestic interest rates should rise in line with American ones.
The bond and stock markets are in a tug-of-war over when the Fed might start to increase interest rates from the current near-zero levels.
*U.S. attacks IS targets in Syria. LONDON, Sept 23- Gold rose on Tuesday as the dollar eased after comments from a New York Federal Reserve's official that any increase in interest rates should be done cautiously, while U.S. air strikes added to global tension and hence safe haven asset demand.
John Longworth, director general of the British Chambers of Commerce, says he was "excited" by the pro-business policies put forward by the Labour party at its conference.
*Gold ticks up but only about $10 away from 9- month low. SINGAPORE, Sept 23- Gold ticked up on Tuesday but was stuck near its lowest in almost nine months, hurt by outflows from the top bullion backed exchange-traded fund as investors adjust positions on concerns of higher U.S. interest rates and strength in the dollar.
SINGAPORE, Sept 23- Gold was stuck near January lows on Tuesday, hurt by outflows from the top bullion backed exchange-traded fund as investors adjust positions in anticipation of higher interest rates in the United States and further strength in the dollar.
WASHINGTON— Interest rates on short-term Treasury bills fell in Monday's auction, with rates on three-month bills dropping to their lowest point since late 2011.. The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.010 percent, down from 0.015 percent last week.
TORONTO, Sept 22- Interest rates may have to be about one-and-a-half percentage points lower than they have been historically in order for the Canadian economy to operate at full capacity, the Bank of Canada said on Monday.
WASHINGTON— Charles Plosser, a leading inflation "hawk" at the Federal Reserve, announced Monday that he plans to retire March 1. Plosser, who has been president of the Fed's Philadelphia regional bank since August 2006, has been a leader of the officials known as hawks for their concerns that a continuation of low-interest rate policies could ignite inflation.
NEW YORK, Sept 22- Long-dated Treasuries yields dipped to their lowest in over a week on Monday on the view that lingering weakness in U.S. economic data may force the Federal Reserve to maintain a dovish stance on raising interest rates.
LONDON, Sept 22- Silver prices slid to their lowest in four years on Monday, with the prospect of rising U.S. interest rates undermining precious metals and industrial commodities dented by worries over Chinese demand. By 1259 GMT it had recovered to $17.70 an ounce, down 0.3 percent.
CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.
Alex Young, OppenheimerFunds, and Jeremy Hill, Old Blackheath Companies, weigh in on what's likely to drive the markets and the outlook on the U.S. economy.
LONDON, Sept 22- Sterling rose on Monday, inching back towards recent two-year highs against the euro and moving higher against the dollar as investors focused on Britain's economic fundamentals and interest rate expectations after Scotland's independence vote.
SINGAPORE, Sept 22- London copper futures slipped for a third session on Monday as the dollar firmed on the likelihood of a U.S. interest rate hike and investors fretted over China's slowing economic growth. This week's focus will be on China's flash manufacturing PMI reading on Tuesday, as fears over the outlook for country's economy mount.
SINGAPORE, Sept 22- Gold was stuck near its lowest since January on Monday on fears that a stronger dollar and an earlier-than-expected hike in U.S. interest rates would dim the metal's appeal. Silver was trading close to a four-year low, while platinum fell to its lowest since December.
Khoon Goh, Senior FX Strategist at ANZ, says the U.S. dollar will strengthen further in the week ahead. He expects the Fed to start raising interest rates in March 2015.
*Scotland to stay in UK but pound falls on profit-taking. NEW YORK, Sept 19- The dollar gained against a basket of major currencies on Friday, posting its 10th consecutive week of gains, as investors bet U.S. interest rates would rise more quickly than had been expected.
CNBC's Tyler Mathisen looks back at the week's top business and financial stories, including Alibaba's historic IPO, and the extent of Home Depot's credit breach.
*Gold heads for weekly drop of nearly 1 pct. NEW YORK/ LONDON, Sept 19- Gold fell on Friday to its lowest price since January, and silver slumped to a four-year low as the dollar soared to its highest against the euro in four years on bets that U.S. interest rates will rise sooner than expected.