The Fed Janet Yellen

More

  • View of Hangzhou skyline at Hangzhou Civic Culture Center displaying flags of G20 members in preparation for the 2016 G20 Hangzhou summit on June 11, 2016, in Hangzhou, Zhejiang Province of China.

    Whether such an accord exists is not only hard to establish, it is also irrelevant, says JPMorgan's Jehangir Aziz.

  • Mustafa Mohataram said the most immediate likely impact for U.S. auto sales was a positive one as last week's referendum result brought with it a greater chance that U.S. interest rates "will remain lower longer" than if British voters had decided to stay in the European Union. he said referring to the lack of certainty around how Britain will exit from the...

  • WASHINGTON, June 29- U.S. consumer spending rose for a second straight month in May on increased demand for automobiles and other goods, but there are fears Britain's vote to leave the European Union could hurt confidence and prompt households to cut back on consumption. Wednesday's fairly strong report released by the Commerce Department pointed to an...

  • high@ SYDNEY, June 29- U.S. soybeans rose for a third consecutive session on Wednesday, as increased demand for U.S. supplies and potentially adverse weather limiting yields pushed prices towards a one-week high. *The most active soybean futures on the Chicago Board of Trade rose 0.36 percent to $11.24-3/ 4 a bushel, having firmed 1.4 percent on Tuesday when prices...

  • SYDNEY, June 29- U.S. soybeans rose for a third consecutive session on Wednesday, as increased demand for U.S. supplies and potentially adverse weather limiting yields pushed prices towards a one-week high. *The most active soybean futures on the Chicago Board of Trade fell 0.36 percent to $11.24-3/ 4 a bushel, having firmed 1.4 percent on Tuesday when prices hit a...

  • BENGALURU, June 29- Gold rose early on Wednesday after dropping about a percent in the prior session, as concerns of uncertainty across financial markets in the aftermath of Britain's vote to exit the European Union continued to burnish the metal's safe-haven appeal. *Spot gold was at its highest relative to platinum on record this week as institutional and...

  • MELBOURNE, June 29- London copper was hovering close to the highest in eight weeks on Wednesday as investors bet on more global stimulus measures after Britain's shock vote to leave the European Union. *Shfe zinc and nickel had jumped 3.2 percent and 2.3 percent, respectively, tracking gains in London and on hopes countries would bring in new measures to soothe...

  • U.S. Federal Reserve Board Chairwoman Janet Yellen

    The Fed chair's favorite inflation indicator, plus data on income and spending, could temporarily distract markets from the Brexit.

  • SINTRA, Portugal- European Central Bank board member Sabine Lautenschlaeger participates in a session on "Financial regulatory changes" at the ECB Forum on Central Banking- 0800 GMT. SINTRA, Portugal- European Central Bank board member Vitor Constancio participates in a session on "Financial regulatory changes" at the ECB Forum on Central Banking- 1030 GMT.

  • SINTRA, Portugal- European Central Bank board member Sabine Lautenschlaeger participates in a session on "Financial regulatory changes" at the ECB Forum on Central Banking- 0800 GMT. SINTRA, Portugal- European Central Bank board member Vitor Constancio participates in a session on "Financial regulatory changes" at the ECB Forum on Central Banking- 1030 GMT.

  • WASHINGTON, June 28- U.S. economic growth slowed in the first quarter but not as sharply as previously estimated, and while there are signs of a pickup in the second quarter, analysts worry Britain's vote to leave the European Union could hurt activity later this year. Gross domestic product increased at a 1.1 percent annual rate, rather than the 0.8 percent pace...

  • The U.S. dollar fell against the British pound and the euro as the market took a breather and potential profit-taking.

  • LONDON, June 28- A recovery by sterling stalled in late trading in London on Tuesday, as worries over banks, growth and investment continued to dominate the market following Britain's vote last week to leave the European Union. Sterling reached $1.3421 around midday on Tuesday, still more than 16 cents lower than before the referendum results, then fell back to...

  • WASHINGTON, June 28- U.S. economic growth slowed in the first quarter but not as sharply as previously estimated, with gains in exports and software investment partially offsetting weak consumer spending. But uncertainty following Britain's shock vote to leave the European Union poses a risk to the growth outlook. "The test comes in the next few months as the...

  • LONDON, June 28- Sterling clawed back some ground against the dollar and euro on Tuesday after a historic plunge of 11 percent following last week's British vote to leave the EU, but analysts said this was merely a pause rather than the start of any upward trend. On Tuesday, the highest it hit was $1.3421, still more than 16 cents lower than where it was trading before...

  • WASHINGTON, June 28- U.S. economic growth slowed in the first quarter but not as sharply as previously estimated, with gains in exports and software investment partially offsetting weak consumer spending. Gross domestic product increased at a 1.1 percent annual rate, rather than the 0.8 percent pace reported last month, the Commerce Department said on Tuesday...

  • A spotter lines up a truck before a container is loaded a ship in the Seagirt Marine Terminal at the Port of Baltimore in Baltimore, Maryland.

    Growth slowed, but not as sharply as estimated, with gains in exports and investment in software partially offsetting weak consumer spending.

  • WASHINGTON, June 28- U.S. economic growth slowed in the first quarter but not as sharply as previously estimated, with gains in exports and investment in software partially offsetting weak consumer spending. Gross domestic product increased at a 1.1 percent annual rate, rather than the 0.8 percent pace reported last month, the Commerce Department said on...

  • TOKYO/ SYDNEY, June 28- The dollar and yen steadied and sterling crawled away from a 31- year low on Tuesday as risk aversion triggered by the shock of Brexit eased slightly, although many investors were still wary of calling a bottom for the battered pound. The euro was little changed at $1.1042, having put a bit of distance from Friday's three-month low of $1.0912.

  • TUESDAY, JUNE 28 SINTRA, Portugal- European Central Bank President Mario Draghi speaks at an European Central Bank Forum on Central Banking "The future of the international monetary and financial architecture"- 0800 GMT. SINTRA, Portugal- European Central Bank board member Benoit Coeure participates in a session "Macroeconomic and monetary challenges" at ECB...