SYDNEY/ SINGAPORE, Dec 6- The dollar hovered near a five-week low versus a basket of currencies on Friday, with its near-term fortunes riding on whether key U.S. jobs data will bolster the case for the Federal Reserve to start scaling back its monetary stimulus.» Read More
*Brent crude near $111 a barrel on unrest in Egypt. NEW YORK, Aug 15- Global equity markets swooned and bond prices sold off on Thursday after slightly upbeat U.S. jobs data and gains in consumer prices added weight to the view the Federal Reserve will soon begin to trim its massive bond-buying program.
LOUISVILLE, Ky., Aug 15- The arrival of the next head of the Federal Reserve should not spell an abrupt change in U.S. monetary policy, a top central banker said on Thursday.
*Brent crude near $111 a barrel on unrest in Egypt. NEW YORK, Aug 15- The dollar rose and global equity markets swooned on Thursday after slightly upbeat U.S. jobs data and gains in consumer prices added weight to the view the Federal Reserve will soon begin to trim its massive bond buying program.
NEW YORK, Aug 15- Factory activity in the U.S. mid-Atlantic region weakened in August as new orders fell and the pace of hiring slowed, a survey showed on Thursday. The Philadelphia Federal Reserve Bank said its business activity index fell to 9.3 from 19.8 in July, undershooting economists' expectations for a reading of 15.0.
Prices paid for irrigated cropland in a central U.S. region that includes Kansas, Nebraska, Missouri, and Oklahoma jumped 25.2 percent from a year ago, according to a report by the Federal Reserve Bank of Kansas City.
NEW YORK, Aug 15- The dollar climbed to a near two-week high against the euro and a more than one-week high against the yen on Thursday as a drop in U.S. weekly initial jobless claims prompted investors to think the Federal Reserve might start trimming its stimulus sooner rather than later.
*Cisco, Wal-Mart shares fall after results. NEW YORK, Aug 15- U.S. stock index futures fell on Thursday on continued uncertainty over the next policy move by the Federal Reserve and after Wal-Mart earnings disappointed, shining a light on weak consumer spending.
WASHINGTON, Aug 15- The number of Americans filing new claims for jobless benefits fell to a near six-year low last week and consumer prices rose broadly in July, which could draw the Federal Reserve closer to trimming its massive bond buying program.
WASHINGTON, Aug 15- U.S. consumer prices rose as expected in July, which could comfort Federal Reserve officials worried about low inflation as they weigh trimming their massive bond buying program.
*Cisco, Wal-Mart shares fall after results. NEW YORK, Aug 15- U.S. stock index futures fell on Thursday on continued uncertainty over when, and how quickly, the Federal Reserve will begin to wind down its program to stimulate the world's largest economy. *Traders will eye the Labor Department's jobless claims data, due for release at 8:30 a.m. EDT.
*Markets to focus on U.S. inflation at 1230 GMT. *Euro helped by signs of growth in Europe. LONDON, Aug 15- The dollar saw small but broad-based losses on Thursday as lack of clarity over when the Federal Reserve might start trimming its stimulus dragged on the U.S. currency.
*Gold up for sixth session out of seven to 3- week high. *SPDR Gold fund sees rare inflows. SINGAPORE, Aug 15- Gold extended gains on Thursday to a three-week high on hopes the Federal Reserve may not scale back its commodities-friendly bond buying soon, and as holdings at the world's top gold-backed exchange traded fund rose for a second time in a week.
*Gold up for sixth session out of seven. *SPDR Gold fund sees rare inflows. SINGAPORE, Aug 15- Gold extended gains on Thursday as tame U.S. inflation pointers fueled hope the Federal Reserve may not scale back its commodities-friendly bond buying soon, and as the world's top gold-backed exchange traded fund's holdings rose for a second time in a week.
SYDNEY, Aug 15- The dollar was at a standstill on Thursday hamstrung by uncertainty on when the Federal Reserve might start trimming its stimulus, while the euro and sterling drew support from better economic news at home. The euro was camped at $1.3257, having traded a tight $1.3238- $1.3278 range.
NEW YORK, Aug 14- Billionaire investor George Soros dumped 7.85 million shares of US Airways Group Inc in the second quarter, a regulatory filing on Wednesday showed. On Tuesday, the U.S. Justice Department filed a lawsuit to block the proposed merger of US Airways and AMR Corp, the parent company of American Airlines.
President Barack Obama wants some "space" to make a decision on who to nominate to replace Ben Bernanke as chairman of the Federal Reserve when his term expires in January, a source familiar with the process said. White House officials were annoyed when a group of Democrats in the U.S. Senate wrote a letter to Obama strongly urging the president to pick Yellen.
WASHINGTON, Aug 14- A U.S. judge postponed throwing out a controversial cap on debit card "swipe fees" and gave the Federal Reserve one week to take a position on whether to write an interim rule to replace the fee cap.
*Macy's shares fall after Q2 earnings disappoint. NEW YORK, Aug 14- U.S. stocks fell on Wednesday as investors speculated on when the Federal Reserve might curb its stimulus measures and after department store Macy's stock fell from a "tough" sales environment.
LONDON, Aug 14- Money markets are pricing out expectations of another European Central Bank interest rate cut as the euro zone returns to growth, though it is still seen lagging the United States and Britain in tightening policy.
Aug 14- A large UPS cargo plane crashed early Wednesday morning near the airport in Birmingham, Alabama, the Federal Aviation Administration said. The United Parcel Service Inc flight 1354, en route from Louisville, Kentucky, to Birmingham, crashed on approach about 6 a.m., according to the FAA.