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  • SINGAPORE, Jan 29- Gold dropped for the fourth session in five on Thursday after the Federal Reserve painted a bullish picture of the U.S. economy, signalling it was on course to lift interest rates this year. "People are already adjusted to the new policy stance and there's no further reason to push up gold to a much higher level," said Mark To, head of research at Hong...

  • MELBOURNE, Jan 29- London Metal Exchange metals contracts soured on Thursday after the Federal Reserve signaled it would stick to plans for a rate hike this year, drawing back liquidity that has underpinned metals. *Three-month copper on the London Metal Exchange slid 1.1 percent to $5,425.50 a tonne by 0108 GMT, quashing an advance from the previous session and...

  • TOKYO, Jan 29- Asian shares retreated on Thursday after the Federal Reserve unexpectedly lifted its view on the economy, signalling that the U.S. central bank remains firmly on track with plans to raise interest rates this year. "The markets were a bit surprised that the Fed was more hawkish than expected, especially considering that many people had thought that...

  • DIARY- Top Economic Events to Feb 11 Wednesday, 28 Jan 2015 | 7:01 PM ET

    FAIRFAX, United States- Federal Reserve Board Governor Daniel Tarullo speaks on "Advancing Macroprudential Policy Objectives" before the Office of Financial Research and Financial Stability Oversight Council 4th Annual Conference: Evaluating Macroprudential Tools: Complementarities and Conflicts "- 1745 GMT. SARASOTA, United States- Federal Reserve...

  • Fed nods to global troubles, while keeping faith in U.S. Wednesday, 28 Jan 2015 | 4:58 PM ET

    WASHINGTON, Jan 28- For months now Federal Reserve policymakers have watched the economic turmoil overseas, from Ebola to Russia to the ongoing travails of the euro, and largely held their tongue. That's the first time since January 2013 that an overt reference to overseas economic events has warranted a nod from the Federal Open Market Committee, and some...

  • WASHINGTON, Jan 28- The Federal Reserve on Wednesday said the U.S. economy was expanding "at a solid pace" with strong job gains in a signal that the central bank remains on track with its plans to raise interest rates this year. "The committee, in fact, was downright bullish on current economic conditions and the outlook," said Paul Edelstein, director of financial...

  • *Fed says to keep "patient" approach on rates. NEW YORK, Jan 28- U.S. stocks closed down on Wednesday, driven by a sharp decline in the S&P 500 energy sector, after the Federal Reserve said the domestic economy was growing at a solid pace, signaling it remains on track to raise interest rates later this year. While many market participants said they were unsurprised by the...

  • GLOBAL MARKETS-U.S. bonds rally after Fed; stocks retreat Wednesday, 28 Jan 2015 | 4:40 PM ET

    *U.S. stocks end lower after Fed statement. NEW YORK, Jan 28- U.S. bond prices rallied, with the 30- year yield hitting a record low on Wednesday as investors bet U.S. rate hikes were less likely to start soon after the Federal Reserve said inflation was running below forecasts. Thirty-year bonds were last up 2-18/ 32 in price to yield 2.29 percent after setting a record...

  • CHICAGO, Jan 28- U.S. grain farmers are boosting demand for loans from farm banks as five-year lows in crop prices squeeze operating budgets ahead of spring planting, according to a national survey of farm bankers issued by the Federal Reserve Bank of Kansas City on Wednesday. Corn prices set record highs during the summer of 2012 amid the biofuels boom and...

  • NEW YORK, Jan 28- U.S. stocks fell sharply on Wednesday after the Federal Reserve said the domestic economy was growing at a solid pace, signaling it remains on track to raise interest rates later this year. Both the Dow and S&P 500 fell more than 1 percent, while Apple limited the Nasdaq's decline. The tech giant jumped 6.1 percent a day after its results.

  • US STOCKS-U.S. stocks fall after Fed statement, oil drop Wednesday, 28 Jan 2015 | 3:26 PM ET

    NEW YORK, Jan 28- U.S. stocks fell on Wednesday, driven by extended losses in the S&P 500 energy sector, after the Federal Reserve said it will remain "patient" in deciding when to raise interest rates. Concluding their first policy-setting meeting of the year, Fed officials looked past the urgent moves made by other central banks this month to boost their struggling...

  • *China's gold imports from Hong Kong fell in 2014. NEW YORK/ LONDON, Jan 28- Gold extended losses on Wednesday after the Federal Reserve said it will remain "patient" with regard to any interest rate increase decisions. "The removal of' considerable time' was balanced by the acknowledgement of the international situation and reiteration of patience," said Tai Wong,...

  • Greece seeks to reassure bank investors, meet Eurobank Wednesday, 28 Jan 2015 | 3:01 PM ET

    ATHENS, Jan 28- Greece's new government will meet shareholders from Eurobank, the country's second-biggest lender, on Friday to discuss the bank's future, Deputy Prime Minister Yannis Dragasakis said on Wednesday, after a dramatic fall in banking stocks. Greek financial shares plunged by more than 26 percent on Wednesday as investors took fright at prospects...

  • NEW YORK, Jan 28- Wall Street stocks edged lower on Wednesday while the dollar rose as the Federal Reserve said growth in the U.S. economy was on track despite turmoil in other markets around the world, keeping it on pace to raise interest rates later this year. Concluding their first policy-setting meeting of the year, Fed officials looked past moves made by other...

  • US STOCKS-U.S. stocks give up gains after Fed statement Wednesday, 28 Jan 2015 | 2:36 PM ET

    NEW YORK, Jan 28- U.S. stocks fell slightly in volatile trading on Wednesday after the Federal Reserve said the U.S. economy is on track and it will remain "patient" in deciding when to raise interest rates. Concluding their first policy-setting meeting of the year, Fed officials looked past the urgent moves made by other central banks this month to boost their...

  • WASHINGTON, Jan 28- The Federal Reserve on Wednesday said the U.S. economy was expanding "at a solid pace" as it largely looked through weakness overseas in a signal that it remains on track to raise interest rates later this year. The U.S. central bank repeated it would be "patient" in deciding when to raise benchmark borrowing costs from zero, where they have been...

  • Community National posts 4Q profit Wednesday, 28 Jan 2015 | 2:21 PM ET

    NEW YORK _ Community National Bank on Wednesday reported net income of $880,000, or 13 cents per share, in its fourth quarter. The bank, based in New York, said it had earnings of 13 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • WASHINGTON, Jan 28- The Federal Reserve on Wednesday repeated that it will remain "patient" in deciding when to raise interest rates, and said the U.S. economy is on track despite turmoil in other markets around the world. Concluding their first policy-setting meeting of the year, Fed officials looked past the urgent moves made by other central banks this month to...

  • WASHINGTON— The Federal Reserve reiterated Wednesday that it will be "patient" in raising interest rates from record lows even as the U.S. economy moves steadily closer to full health. Paul Ashworth, an economist at Capital Economics, said the statement suggests that the Fed "is still taking the view that the collapse in oil prices is a net positive for the economy."

  • Stocks fade late as oil dips, Fed gives investors pause Wednesday, 28 Jan 2015 | 4:29 AM ET

    "The market is, on one hand, happy the Fed is saying things look solid, but it means at some point we will get that first rate hike," said Quincy Krosby, market strategist for Prudential Financial. Impressive earnings from Apple and Boeing made investors optimistic and lifted stocks early. The Energy Department reported that U.S. oil inventories rose to their highest...

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