*Canada records modest job growth for third month in a row. *Canada data overshadowed by upbeat U.S. jobs figures. OTTAWA, Dec 6- Canada created 21,600 jobs in November, the third straight month of modest employment increases and a number that underscores the lack of pressure on the central bank to raise interest rates.» Read More
*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.
Ratings agency Moody's Investors Service said Wednesday that it has changed its outlook on the U.S. life insurance industry to "Stable" from "Negative." Moody's said it expects economic growth rates to improve slowly and interest rates to continue to rise in 2014..
Dec 4- Some day, perhaps soon, interest rates are going to start to go up decisively. Personal finance writer Suze Orman, for example, has stated the case, equating that right to get your principal investment back with carrying a lower risk. Cliff Asness co-founder of AQR Capital Management writes in the Financial Analysts Journal.
European stocks are extending their losses for the fourth day in a row. Gemma Godfrey, Brooks Macdonald, says some of the best value opportunities are in Europe within the financial sector. Godfrey says the "ECB is considering another lending scheme."
David Enrich, European banking editor at Wall Street Journal and Kiron Farooki, partner for financial institutions at Bond Dickinson, discuss Wednesday's rate-rigging scandals, and how they could have been avoided.
CNBC's Rick Santelli discusses the latest action in the bond market, the Federal Reserve and interest rates.
*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.
WASHINGTON, Dec 4- Sales of new U.S. single-family homes recorded their biggest increase in nearly 33-1/ 2 years in October, suggesting the housing market recovery remains intact despite higher mortgage rates. The Commerce Department said on Wednesday sales jumped 25.4 percent to a seasonally adjusted annual rate of 444,000 units.
CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.
The average loan on a new car climbed to $26,719 in the third quarter, up by $756 from a year earlier, and the most in at least five years, according to data collected by Experian Plc. The average interest rate fell to 4.27 percent from 4.53 percent a year earlier and the average loan term stretched one more month to five years and five months, according to Experian.
NEW YORK, Dec 4- U.S. stock index futures retreated following a stronger-than-expected private sector employment report. S&P 500 futures fell 5.9 points and were below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration of the contract.
SAN FRANCISCO, Dec 3- The Federal Reserve has more reason than ever to cut a key U.S. lending rate it has kept at just above zero since the depths of the financial crisis, a top Fed policymaker suggested on Tuesday.
SAN FRANCISCO, Dec 3- The Federal Reserve needs to be more aggressive in providing detail on what would lead it to eventually raise interest rates in order to prevent uncertainty among investors that could rile markets and hurt the economic recovery, a top Fed official said on Tuesday.
SAN FRANCISCO, Dec 3- Concerned that investors are still not getting the Federal Reserve's message that interest rates will stay low even after the Fed stops buying bonds, a top official of the U.S. central bank on Tuesday called for the Fed to provide more details soon on what would lead it to eventually raise interest rates.
BRUSSELS, Dec 3- European Union antitrust regulators will impose multi-million euro fines on six banks including Citigroup, Deutsche Bank and Royal Bank of Scotland on Wednesday for rigging key interest rate benchmarks, sources said.
BRUSSELS, Dec 3- European Union antitrust regulators will fine five banks including Citigroup and Deutsche Bank for rigging yen Libor and Tibor interest rate benchmarks, a person familiar with the matter said on Tuesday. The person said the other banks facing sanctions include Royal Bank of Scotland, JPMorgan and Barclays.
The "Fast Money" traders discuss what influence rising interest rates will have on the market rally and how it's affecting their stock execution.
CNBC's Rick Santelli discusses the latest action in the bond market and the influence of interest rates on a possible market correction.
*Fed to buy$. 75 bln- $1 bln notes due 2024-2031. *Fed to purchase $3 bln- $4 bln notes due 2019, 2020. It will pick up later in the week with a slew of data culminating in payrolls on Friday, "said Justin Lederer, an interest rate strategist at Cantor Fitzgerald in New York.
*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.