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The Fed Janet Yellen

  • STOCKHOLM- Swedish Central Bank Deputy Governor Cecilia Skingsley will talk on electronic payment forms of the future at a lunch meeting arranged by the Royal Swedish Academy of Engineering Sciences- 1100 GMT. BOISE, United States- Federal Reserve Bank of San Francisco President John Williams speaks on "Getting to Know the Fed" before Boise State University...

  • STOCKHOLM- Swedish Central Bank Deputy Governor Cecilia Skingsley will talk on electronic payment forms of the future at a lunch meeting arranged by the Royal Swedish Academy of Engineering Sciences- 1100 GMT. BOISE, United States- Federal Reserve Bank of San Francisco President John Williams speaks on "Getting to Know the Fed" before Boise State University...

  • STOCKHOLM- Swedish Central Bank Deputy Governor Cecilia Skingsley will talk on electronic payment forms of the future at a lunch meeting arranged by the Royal Swedish Academy of Engineering Sciences- 1100 GMT. BOISE, United States- Federal Reserve Bank of San Francisco President John Williams speaks on "Getting to Know the Fed" before Boise State University...

  • STOCKHOLM- Swedish Central Bank Deputy Governor Cecilia Skingsley will talk on electronic payment forms of the future at a lunch meeting arranged by the Royal Swedish Academy of Engineering Sciences- 1100 GMT. BOISE, United States- Federal Reserve Bank of San Francisco President John Williams speaks on "Getting to Know the Fed" before Boise State University...

  • *Canadian dollar ends at C $1.3099, or 76.34 U.S. cents. *Loonie touches its weakest since Feb. 10 of C $1.3126. TORONTO, Feb 17- The Canadian dollar weakened against its U.S. counterpart on Friday, pressured by corporate selling ahead of a long weekend and broader gains for the greenback.

  • *Major Wall Street indexes hit fresh record. NEW YORK, Feb 17- Stocks on major world markets slipped on Friday in the wake of back-to-back sessions of record highs, as investors awaited clarity on U.S. Despite the decline, the MSCI All-Country World index was higher for a fourth straight week, its longest winning streak in a nearly a year, after rising to a record high...

  • U.S. energy companies added oil rigs for a fifth straight week, Baker Hughes said, extending a nine-month recovery as drillers take advantage of crude prices that have held mostly over $50 a barrel since OPEC agreed to cut supplies in late November. Estimates suggest compliance by OPEC is around 90 percent, and Reuters reported on Thursday that OPEC could extend...

  • The yen rose against major currencies as concerns about the upcoming French elections kindled safe-haven demand for the Japanese currency.

  • NEW YORK/ LONDON, Feb 17- Gold prices eased on Friday but notched a weekly gain as investors opted for the safe-haven qualities of bullion due to uncertainty about U.S. and European politics as well as the direction of stock markets. "Gold is close to its recent multimonth high despite the strong dollar, due to an increase in volatility on the equity markets and more...

  • NEW YORK, Feb 17- The yen rose against major currencies on Friday as concerns about the upcoming French elections and the lack of movement in fiscal changes in the United States kindled safe-haven demand for the Japanese currency. "We are trading in this political policy vacuum," Mazen Issa, senior FX strategist at TD Securities in New York, said of the dollar.

  • U.S. energy companies added oil rigs for a fifth straight week, Baker Hughes said, extending a nine-month recovery as drillers take advantage of crude prices that have held mostly over $50 a barrel since OPEC agreed to cut supplies in late November. Estimates suggest compliance by OPEC is around 90 percent, and Reuters reported on Thursday that OPEC could extend...

  • *Bank, energy stocks weigh on Wall Street. NEW YORK, Feb 17- Stocks on major world markets retreated on Friday in the wake of consecutive sessions of record highs, as investors awaited clarity on U.S. Wall Street was lower for a second straight day as financial stocks, down 0.3 percent, and the energy sector, off 0.8 percent, weighed on equities.

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    Gold crept higher as investors opted for the safe haven qualities of bullion due to uncertainty about U.S. and European politics.

  • President Donald Trump stands during a news conference announcing Alexander Acosta as the new Labor Secretary nominee in the East Room at the White House on February 16, 2017 in Washington, DC

    Not only has Trump rejected economic data, he has also repeatedly misstated it.

  • NEW YORK, Feb 17- The yen rose against major currencies on Friday as concerns about the upcoming French elections and the lack of movement in fiscal changes in the United States kindled safe-haven demand for the Japanese currency. The dollar improved versus most peers with the exception of the yen, leaving it little changed on the week following mildly hawkish...

  • *Bank stocks weigh on Wall Street. NEW YORK, Feb 17- Stocks on major world markets dipped on Friday in the wake of consecutive sessions of record highs, as investors looked for clarity on U.S. Wall Street was lower for a second straight day as softness in financial stocks, down 0.5 percent, weighed on equities.

  • Janet Yellen

    Rich Clarida, Pimco Global Strategic Advisor, and Mike Ryan, UBS Chief Investment Strategist, weigh in on the markets, the likelihood of a rate hike and Fed Chair Janet Yellen's testimony.

  • *U.S. bonds rally with German, U.K. debt. NEW YORK, Feb 17- U.S. The market is benefiting from lower yields overseas and sort of a reassessment of the risk on trade that weve seen in equities, said Gary Pollack, head of fixed-income trading at Deutsche Bank Private Wealth Management in New York.

  • LONDON, Feb 17- Gold crept higher on Friday as investors opted for the safe haven qualities of bullion due to uncertainty about U.S. and European politics as well as the direction of stock markets. "Gold is close to its recent multi-month high despite the strong dollar, due to an increase in volatility on the equity markets and more uneasiness on the political front,...

  • LONDON, Feb 17- Gold crept higher on Friday as investors opted for the safe haven qualities of bullion due to uncertainty about U.S. and European politics as well as the direction of stock markets. "Gold is close to its recent multi-month high despite the strong dollar, due to an increase in volatility on the equity markets and more uneasiness on the political front,...