Investors won't be bothered by a Fed taper even if it starts this month, JPMorgan's chief U.S. equity strategist, Thomas Lee, tells CNBC.» Read More
CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.
The "Squawk on the Street" crew shares their thoughts on what investors should be watching throughout the trading day, including shares of Dell, BlackBerry and Costco.
Jim Cramer explains why he is keeping an eye on Advanced Micro Devices.
CNBC's Jim Cramer shares his views on Eliot Spitzer's run for New York City comptroller.
Weak trade data has led Lombard Street Research to warn that China could shock markets with a quarter-on-quarter contraction in GDP.
Some of the names on the move ahead of the open.
TOKYO, July 11- Japan may press China at a global meeting next week for more information about a slowdown in the world's No. 2 economy and risks posed by its "shadow" banking system, Tokyo's top financial diplomat said on Thursday.
Thanks to a new fast track law a number of start-ups are headed to the market. CNBC's Herb Greenberg advises investors to beware.
FRANKFURT, July 11- "Watch what we do, not what we say," was the central bank mantra for generations. In the space of a few hours last week, the European Central Bank and Bank of England embarked on a momentous change, moving to provide an interest rate outlook as the Federal Reserve already does, a crisis response that could become a permanent feature.
*Market had expected policy rate to rise only 25 bps. JAKARTA, July 11- Bank Indonesia raised its benchmark policy rate by an unexpected 50 basis points on Thursday, as the central bank continued to surprise with aggressive steps to battle accelerating inflation, halt foreign outflows and bolster its weak currency.
BEIJING, July 11- About 1,000 hopeful borrowers overran a branch of China's central bank as a rumour spread that it was handing out zero-interest loans, media said on Thursday, illustrating how Chinese financial know-how badly lags growth in banking products.
TOKYO, July 11- Bank of Japan Governor Haruhiko Kuroda said on Thursday the country's economy and prices were moving roughly in line with central bank projections made in April.
*Dollar falls after Fed chief's comments, but uptrend intact. LONDON, July 11- The dollar slid on Thursday after comments from Federal Reserve Chairman Ben Bernanke indicated the U.S. central bank may not wind down its asset purchase programme as soon as previously expected.
*Market dumps dollar after Fed chief's comments. TOKYO, July 11- The dollar tumbled on Thursday after dovish comments from Federal Reserve Chairman Ben Bernanke forced traders to trim their long positions on the greenback, as markets reassessed expectations that the Fed would start to reduce stimulus as early as September.
David Bloom, Global Head of Foreign Exchange Strategy at HSBC says the markets will keep the taper tantrum alive, despite Ben Bernanke's supportive comments overnight.
TOKYO, July 11- Japanese government bond prices inched up on Thursday as investors waited the outcome of the Bank of Japan's policy meeting, taking their cues from U.S. Treasuries after Federal Reserve Chairman Ben Bernanke affirmed accommodative monetary policy would be in place for a while.
*Brent/WTI spread at lowest since December 2010. SINGAPORE, July 11- Brent crude steadied around three-month highs on Thursday, supported by expectations the Federal Reserve will keep its stimulus programme to aid the U.S. economy, while a sharp decline in crude inventories lifted U.S. oil to near 16- month peaks.
Federal Reserve Chairman Ben Bernanke said accommodative monetary policy would be needed for the foreseeable future. *Three-month copper on the London Metal Exchange hit its highest since July 4 at $6,994 a tonne, before edging back to $6,940 by 0125 GMT, still up 1.7 percent and extending gains from the previous session.
Gasoline is expected to jump 10 to 20 cents per gallon in the next several days, as rising oil prices and peak driving season create a perfect storm for higher prices.
TOKYO, July 11- Japan's Nikkei share average edged up on Thursday morning in choppy trade as the yen's rally paused, with global markets caught wrong footed after U.S. Federal Reserve chief Ben Bernanke said that ultra-easy monetary policy would be needed for the foreseeable future.