*Demand still soft in India, China- traders. NEW YORK/ LONDON, June 18- Gold fell more than 1 percent on Tuesday as U.S. equities rallied and bullion buyers took to the sidelines before the conclusion of a two-day Federal Reserve policy meeting they hope will give greater clarity on the outlook for U.S. monetary policy.
NEW YORK, June 18- The U.S. dollar rose for a second day against the yen on Tuesday as some traders bet the Federal Reserve may signal it is almost ready to reduce its bond buying program aimed at propping up the economy.
CNBC's Bob Pisani and Art Cashin, of UBS, discuss the NSA surveillance program and the revelation it foiled a bombing attempt at the NYSE. And during an interview with Charlie Rose that aired last night, Pres. Obama may have put tapering on the table, Cashin says, to set it up for Bernanke's successor.
Intelligence officials continue to testify on Capitol Hill, reports CNBC's Eamon Javers, with the latest details from the NSA hearing. And Fast Money traders Stephen Weiss and Simon Baker debate whether U.S. Steel is poised to rebound. Also Alexandra Lebenthal, Lebenthal & Company president & CEO, shares her strategy on rising interest rates.
The FMHR traders have the play on your money ahead of the Fed's decision on its bond-buying program. And CNBC's Steve Liesman breaks down the results of an exclusive CNBC survey of economist on whether the Fed's QE policy is working. Also there is a place for investors in dividend stocks, says Alec Young of S&P Capital IQ.
*Brent crude rises above $106 before trimming gains. NEW YORK, June 18- U.S. equities pushed higher on Tuesday as investors grew more confident that the Federal Reserve would temper its recent statements on the future reduction of U.S. monetary support, while still pointing to economic improvement.
*Market keeps an eye on standoff in Syria, fears growing conflict. NEW YORK, June 18- Oil prices were moderately higher on Tuesday after paring earlier gains made on positive U.S. economic data. Global financial markets have been on edge since Fed Chairman Ben Bernanke suggested the central bank would be looking to pull back its stimulus program.
NEW YORK, June 18- Deloitte Financial Advisory Services settled with New York's banking regulator over its consulting work for Standard Chartered Bank on money-laundering issues.
ANOTHER CUT: Moody's has downgraded its ratings on Co-operative Bank for the second time this year on Tuesday _ another blow to the troubled lender. THE DETAILS: It said it had reduced the bank's debt and deposit ratings from Ba3 to Caa1. THE BACKGROUND: A day earlier, Co-operative Group, Britain's biggest mutual business, announced a rescue plan for its bank.
WASHINGTON, June 18- M&T Bank Corp will put a comprehensive plan in place to fix problems with its anti-money laundering policies that had caused regulators to put a hold on its $3.7 billion bid to buy Hudson City Bancorp. Buffalo, New York- based M&T Bank will submit a plan to the U.S.
LONDON, June 18- Copper fell to a 1-1/ 2 month low on Tuesday as investors remained sidelined awaiting Federal Reserve Chairman Ben Bernanke's clarification on the central bank's plans for its monetary stimulus programme following a two-day policy meeting. Copper posted its steepest weekly decline since mid-April last week.
NEW YORK, June 18- The U.S. dollar rose for a second day against the yen on Tuesday as some traders bet the Federal Reserve may signal it is almost ready to reduce its bond buying program aimed at propping up the economy.
The Fast Money traders share their final trades of the day.
Tuesday, 18 Jun 2013 | 5:00 PM ETAhead of the Fed meeting, the S&P 500 appears headed toward 1,687, StockMonster's Guy Adami says.
Tuesday, 18 Jun 2013 | 6:40 PM ETYou say the name of a stock, and Mad Money's Jim Cramer tells you whether to buy or sell.