CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil closed up on the day, and nat gas closed up, as well, while gold was down on the day.» Read More
Futures moved higher ahead of a Wednesday meeting of the Fed and the possible slowdown in its bond-buying program.
The euro edged higher against the dollar on Monday after two days of losses, lifted by euro zone data showing business activity picked up, while uncertainty over the Federal Reserve's economic stimulus program kept investors wary of the greenback.
*Dollar surrenders gains vs yen, but bids seen at 103 yen. NEW YORK, Dec 13- The dollar dropped from five-year highs against the yen Friday as investors reduced bets on the greenback amid caution ahead of a U.S.
U.S. stocks stepped higher on Friday, rebounding after a three-session decline.
CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar. Today Santelli takes a look at the yield curve between the 10-year and 5-year Treasury.
U.S. stock index futures moved higher ahead of the publication of the Producer Price Index (PPI) for November at 8:30 a.m. ET.
LONDON, Dec 13- The dollar and euro rose to five-year highs against the yen on Friday, driven by upbeat U.S. data ahead of the Federal Reserve's meeting next week and dwindling excess cash in the euro zone banking system. The dollar rose 0.2 percent to 103.59 yen, having hit 103.925 yen in Asian trading, its highest level since October 2008.
The dollar dropped from five-year highs against the yen Friday as investors reduced bets on the greenback amid caution ahead of a U.S. Federal Reserve policy meeting next week that may herald a wind-down of its massive stimulus measures.
*Upbeat U.S. retail sales data helps lift USD. SYDNEY, Dec 13- The U.S. dollar rose in Asia on Friday, having made a solid comeback overnight on upbeat retail sales data while the Australian dollar took a battering following more jawboning from the country's central bank chief.
U.S. stocks finished lower on Thursday.
CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.
U.S. stock index futures wavered between slight gains and losses on Thursday.
Jeremy Stretch, Head of FX Strategy at CIBC says investors should look beyond tapering and also pay attention to underlying growth dynamics.
The dollar firmed across the board on Thursday, helped by an upbeat U.S retail sales report that suggested the recovery of the world's largest economy is on a stable footing.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
Stocks retreated for a second session Wednesday, with the S&P seeing its biggest loss in nearly five weeks, as the provisional budget deal in Washington raised speculation that the Federal Reserve could pull back on its stimulus program soon.
CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar, as interest rates begin to move up.
U.S. stock index futures wavered on either side of neutral Wednesday after U.S. lawmakers reached a deal to fund the government past mid-January added to expectations the Federal Reserve will start cutting back its stimulus program.
Stephen Schwartz, Chief Economist for Asia at BBVA, says that risky assets could see a bout of volatility when tapering happens.
The euro rose for a seventh straight session against the dollar on Wednesday, driven by a combination of higher money market rates and a growing belief that the European Central Bank will keep interest rates low for some time but not cut them.