The Fed Janet Yellen

More

  • *Dollar index notches fresh 2- month peak. TOKYO, May 25- The dollar hit a two-month peak against its basket of peer currencies on Wednesday, boosted by robust U.S. housing data supporting the case for the Federal Reserve to raise interest rates in the near term, but fell back slightly. Most people are just squaring positions ahead of the month-end, "said Kaneo Ogino,...

  • TOKYO, May 25- The dollar stood near a two-month peak against a basket of currencies on Wednesday after robust U.S. housing data supported the case for the Federal Reserve to raise interest rates in the near term. The euro was steady at $1.1139, within reach of $1.1133, its lowest level since March 18 plumbed on Tuesday when it sank 0.7 percent. The dollar was up 0.1...

  • WEDNESDAY, MAY 25 HOUSTON, United States- Federal Reserve Bank of Dallas President Robert Kaplan participates in a moderated question-and-answer session before the Greater Houston Partnership Thought Leader Series- 1700 GMT. MADRID- European Central Bank Chief Economist Peter Praet speaks at the 2016 IIF Spring Membership Meeting on "Monetary Policy...

  • NEW YORK, May 24- The dollar hit its highest against the euro in nearly 10 weeks on Tuesday, while U.S. bond prices dipped as expectations grew that the Federal Reserve could raise interest rates soon. The euro was down 0.7 percent against the dollar at $1.1136 and hit its lowest level since March 16. "A re-pricing of Fed tightening expectations is the principal...

  • NEW YORK, May 24- Jeffrey Gundlach, the chief executive officer of DoubleLine Capital, said on Tuesday that the rally in U.S. stocks, which began on Monday, feels like a short squeeze and characterized U.S. stocks as "dead money." Gundlach, who oversees $95 billion at Los Angeles- based DoubleLine, said the S&P 500 index "has gone nowhere in the past 12 months to 18 months.

  • NEW YORK, May 24- The dollar hit is highest against the euro in nearly 10 weeks on Tuesday, while U.S. bond prices dipped as expectations grew that the Federal Reserve could raise interest rates soon. The euro was down 0.7 percent against the dollar at $1.1136 and hit its lowest level since March 16. "A re-pricing of Fed tightening expectations is the principal driver...

  • NEW YORK, May 24- The dollar jumped on Tuesday, hitting an eight-week high against the euro, while U.S. bond prices fell as expectations grew that the Federal Reserve could raise interest rates soon. The euro was last down 0.6 percent against the dollar at $1.1147 and hit its lowest level since March 24. "A re-pricing of Fed tightening expectations is the principal...

  • *Twitter touches record low after brokerage downgrade. May 24- The S&P 500 and the Dow Jones industrial average hit their highest in seven sessions on Tuesday, while the Nasdaq closed in on a one-month high as technology and financial stocks rallied. "I think investors are becoming more comfortable with an early rate hike because even if the Fed does raise rates in...

  • *Twitter touches record low after brokerage downgrade. May 24- U.S. stocks rose to their highest in the last seven sessions on Tuesday, helped by gains in technology and financial stocks. "I think investors are becoming more comfortable with an early rate hike because even if the Fed does raise rates in June, it will remain extremely accommodative," said Art Hogan,...

  • NEW YORK, May 24- The dollar hit an 8- week high against the euro on Tuesday as expectations grew that the U.S. The euro was last down 0.5 percent against the European single currency at $1.1157. "A re-pricing of Fed tightening expectations is the principal driver of the U.S. dollar's resurgence," said Richard Franulovich, senior currency strategist at Westpac...

  •  Businessman comfortable, feet up at work

    Stocks appear increasingly comfortable with the idea of a summer interest rate rise.

  • *Best Buy down on weak forecast. May 24- Wall Street opened higher on Tuesday, recouping some of Monday's losses, with banks among the biggest gainers as investors speculated on the possibility of a June interest rate hike. Until we get that, the market will remain in a tight trading range, "said Scott Brown, chief economist at Raymond James in St. Petersburg, Florida.

  • LONDON, May 24- Gold fell to a four-week low on Tuesday as hawkish comments from Federal Reserve officials in the previous session sent the dollar to a two-month high against a currency basket. Spot gold was down 0.9 percent at $1,236.81 an ounce at 1340 GMT, off an earlier low of $1,235.35. U.S. gold futures for June delivery were down $14.50 an ounce at $1,237.00.

  • Investors will listen for fresh clues to the Fed's intentions when Chair Janet Yellen speaks on Friday. *Wall Street ended lower on Monday as a bounce in Apple failed to offset concerns that the Fed could raise interest rates sooner than later. New home sales, as measured by the U.S. Commerce Department, are expected to have increased 2 percent to a seasonally...

  • Asian shares stumbled to near 2-1/ 2- month lows overnight though Europe was in better form as confirmation that Germany's economy had a solid start to the year added to hopes that talks in Brussels will secure an unusually swift aid deal for Greece. Britain's FTSE 100, Germany's DAX and France's CAC climbed 0.8 to 1 percent as even markets like Russia shrugged...

  • *China, Japan shares lead regional markets lower. *Fed Chair Janet Yellen eyed after recent hawkish comments. MSCI's broadest index of Asia-Pacific shares outside Japan slid 0.4 percent, taking its losses to nearly 5 percent so far this month and nearing its lowest levels since March 9.

  • *Spot gold edged down 0.1 percent to $1,247.30 per ounce by 0056 GMT. The metal fell to $1,242.63 an ounce, the lowest since April 28 on Monday. *San Francisco Fed President John Williams said the central bank is on track to hike rates in June or July despite risks such as a "Brexit" vote, and will continue with even more increases next year given U.S. economic strength, a...

  • TOKYO, May 24- Asian shares were nearly flat in early trading on Tuesday, while the dollar rebounded from steep losses against the yen in the previous session. MSCI's broadest index of Asia-Pacific shares outside Japan did not stray far from its previous close, after Wall Street closed with modest losses overnight. "While markets may be flat for now, the saying goes'...

  • Speakers: European Central Bank Chief Economist Peter Praet, banking supervision chief Daniele Nouy, Single Resolution Board chief Elke Konig and Governing Council members Francois Villeroy de Galhau, Luis Maria Linde and Klaas Knot. MADRID- European Central Bank banking supervision chief Daniele Nouy speaks at the 2016 IIF Spring Membership Meeting- 1230...

  • NYSE trader on the floor

    Fed officials keep saying they want to raise interest rates this summer, but the bond market doesn't quite believe it.