• MOSCOW, Sept 16- Persisting political tensions should help send crude oil prices back above $100 per barrel in coming quarters and they should then stay there through 2017, Russia's central bank said on Tuesday.

  • NEW YORK, Sept 16- Bank of America Corp gave up about $6 billion in annual revenue by phasing out risky consumer banking products and eliminating certain fees, but the long-term impact on profits should be minimal, a top executive said on Tuesday.

  • FRANKFURT, Sept 16- The co-head of Deutsche Bank has backed the German government in a debate over how to jump-start the stalled euro zone economy, telling Reuters that structural reforms, rather than looser fiscal policy, are what is needed to boost growth.

  • TORONTO, Sept 16- The Canadian government should tighten lending rules further to discourage consumers from taking on too much debt in an environment of low interest rates, the outgoing chief executive of Toronto-Dominion Bank said on Tuesday.

  • ZURICH, Sept 16- The head of Switzerland's banking association urged the government on Tuesday to strike deals with European neighbours to root out untaxed money in the country and make it easier for Swiss banks to do business abroad.

  • *Brussels will review any state capital injections. DUBLIN/ FRANKFURT, Sept 16- For the first time since its financial crisis struck in 2008, Europe is carrying out stress tests that could force change at banks with strong political connections.

  • FOREX-Dollar inches lower ahead of Fed meeting outcome Tuesday, 16 Sep 2014 | 9:53 AM ET

    *Dollar in holding pattern ahead of Fed meeting. NEW YORK, Sept 16- The dollar slipped on Tuesday as investors booked profit on the currency's recent rally ahead of a Federal Reserve meeting that could potentially turn more upbeat on the U.S. economy and flag an interest-rate increase sooner rather than later.

  • MOSCOW, Sept 16- The Russian central bank sees crude oil prices returning to above $100 per barrel in coming quarters and staying above that mark in 2016-2017, according to the bank's quarterly monetary policy document published on Tuesday.

  • *Reuters poll points to 133 bln euro take-up on Thursday. FRANKFURT, Sept 16- The European Central Bank invited banks on Tuesday to bid for a fresh round of long-term loans it hopes will stimulate lending to businesses and reinvigorate the euro zone economy but which may see only modest take-up.

  • *All 30 economists say SNB will leave rates unchanged on Sept. 18. ZURICH, Sept 16- The Swiss National Bank will keep the 1.20 cap on the franc for at least six months, intervening in foreign exchange markets again or even effectively charging for franc deposits if needed, a Reuters poll found on Tuesday.


  • NEW YORK, Sept 16- U.S. stocks were set to open lower on Tuesday with traders positioning for a Federal Reserve meeting expected to provide clues on the short term direction of U.S. interest rates.

  • LONDON, Sept 16- Global shares hit a one-month low on Tuesday as investors refrained from placing strong bets before a Fed meeting that could adjust expectations about how soon the U.S. central bank will hike interest rates.

  • *Gold still only about $10 away from eight-month low. LONDON, Sept 16- Gold rose on Tuesday ahead of a Federal Reserve policy meeting, but the metal remained near an eight-month low, deterring investors from placing big bets as they awaited clues on the timing of the first U.S. rate hike in eight years.

  • MOSCOW, Sept 16- Russia's economy could contract 3-4 percent if western nations tighten sanctions over Moscow's role in the Ukraine crisis to make them similar to those imposed on Iran, former finance minister Alexei Kudrin said on Tuesday. Western sanctions already bar some of Russia's largest companies and banks from raising financing on western markets.

  • TOKYO, Sept 16- Japanese stocks broke a five-day winning streak on Tuesday as most investors stayed on the sidelines ahead of this week's outcome of the Federal Reserve meeting, though SoftBank jumped on news of strong demand for Alibaba's initial public offering in the United States. The Nikkei share average dropped 0.2 percent to 15,911.53.

  • SYDNEY/ SINGAPORE, Sept 16- The dollar eased on Tuesday with investors reluctant to do much as they waited for fresh guidance on interest rates from the Federal Reserve, while the Australian dollar held above a six-month trough.

  • METALS-London copper inches up, Fed meeting in focus Monday, 15 Sep 2014 | 11:05 PM ET

    MELBOURNE, Sept 16- London copper edged up on Tuesday from near three-month lows, as traders squared their books ahead of a Federal Reserve meeting that is expected to offer clues on when U.S. interest rates will climb.

  • TOKYO, Sept 16- Japanese stocks edged down on Tuesday as most buyers camped out ahead of this week's outcome of the Federal Reserve meeting, though Softbank jumped on news of strong demand for Alibaba's initial public offering in the United States.

  • MELBOURNE, Sept 16- London copper was marking time on Wednesday as the dollar eased from recent peaks with traders waiting for a Federal Reserve meeting this week for clues on when the U.S. central bank may raise interest rates.

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