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  • rally@ LONDON, April 8- Emerging market equities rose on Friday, helped by a strong performance in eastern Europe and higher oil prices which lifted the Russian rouble and other oil exporters after a weak session in Asia. The benchmark emerging stocks index was up 0.3 percent after decent data from emerging Europe helped bourses across the region rally, although...

  • Executive Edge: Super Fed talk

    CNBC's Steve Liesman provides highlights from Thursday night's event where Fed Chair Janet Yellen was joined by predecessors Ben Bernanke, Alan Greenspan and Paul Volcker. Yellen said the Fed remains in gradual hiking mode and the U.S. is not a bubble economy.

  • Odds of a June rate hike? 50/50: WFC economist

    It's pretty much a one-percent economy, says John Silva, Wells Fargo chief economist, providing perspective on the U.S. economy, central bank policies, and the Fed's next step in moving rates.

  • *LME copper stocks jump by 4,800 tonnes into Singapore. LONDON, April 8- Copper prices inched lower in London on Friday and were set for their biggest weekly loss since January on concerns about when demand will grow again and ample supply in China. Three-month copper on the London Metal Exchange was down 0.1 percent to $4,647 a tonne by 1007 GMT, close to a six-week...

  • LONDON, April 8- Gold fell on Friday as strength in equities prompted investors to cash in some of the previous day's gains, but remained on track for its biggest weekly rise in five as the Federal Reserve stayed cautious on U.S. rate hikes. Spot gold was down 0.4 percent at $1,236.00 an ounce at 0937 GMT, while U.S. gold futures for June delivery were flat at $1,237.50...

  • LONDON, April 8- Emerging market equities rose on Friday, helped by a strong performance in eastern Europe and higher oil prices which lifted the Russian rouble and other oil exporters after a weak session in Asia. The benchmark emerging stocks index was up 0.3 percent after decent data from emerging Europe helped bourses across the region rally, although the...

  • LONDON, April 8- Stocks and bond yields rebounded on Friday but were still firmly on track to end lower over the course of a bruising and volatile week marked by the Japanese yen's surge against the dollar. The dollar was also 0.7 percent higher against the yen at 109.00 yen, recovering from its first break below 108.00 since October 2014 the previous day.

  • *LME copper stocks jump by 4,800 tonnes into Singapore. MELBOURNE, April 8- London copper edged up on Friday but was still set for its largest weekly loss in three months as investors took profits on concerns that prices had overshot still fragile fundamentals given near record stocks in China. The second quarter is typically the strongest for demand in China,...

  • *Japan's finance minister warns against rapid yen rise. LONDON, April 8- Gains for stock markets and a warning of the chances of intervention from Japan's finance minister knocked back the yen on Friday after a week of startling gains. "Of course there is some fear in the market," said Manuel Oliveri, a strategist at Credit Agricole in London.

  • Janet Yellen

    The market may believe the Fed moved too quickly on raising rates last year, but one economist offers a reason why they had to act when they did.

  • SINGAPORE/ TOKYO, April 8- Most Asian shares fell to three-week lows on Friday, but Japan bucked the trend after its finance minister pledged to guard against strong moves in the yen in either direction. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.2 percent, heading for a weekly drop of 1.5 percent. European equities look set to fare better,...

  • Has the yen risen too quickly?

    Giles Keating, deputy global CIO of Credit Suisse, discusses the dollar/yen trade.

  • The Fed must act early: Economist

    Richard Koo, chief economist at Nomura Research Institute, says the Federal Reserve must act early or else it will have to abruptly tighten policy.

  • No one knows when to raise rates: Economist

    Richard Koo, chief economist at Nomura Research Institute, says the Federal Reserve must choose between being too early or too late in raising rates.

  • *Investors shrug off surprise rise in China forex reserves. SHANGHAI, April 8- China stocks fell nearly 1 percent on Friday morning ahead of a slew of economic data, with some investors locking in profit from a month-long rebound that reflects expectations for a strong first quarter. Hong Kong shares also dropped, tracking weak global markets, as bank shares...

  • SINGAPORE, April 8- Gold eased from a two-week high on Friday, giving back some of its sharp overnight gains, but was set to post its strongest week in five on the Federal Reserve's caution over raising U.S. interest rates and risk-off sentiment in the market. Spot gold had eased 0.3 percent to $1,236.60 an ounce overnight. The metal had hit a two-week high of...

  • SINGAPORE, April 8- Gold held near a two-week high on Friday and was set to post its strongest week in five as the Federal Reserve's caution over raising U.S. interest rates and weakness in the dollar burnished the metal's appeal. *Spot gold had eased 0.3 percent to $1,237.10 an ounce by 0048 GMT, but was not too far from a two-week high of $1,243.50 hit in the previous...

  • TOKYO, April 8- Asian shares extended losses to three-week lows on Friday after bank shares slumped globally, while the yen soared to a 17- month high against the dollar as investors unwound bets against the yen, calculating that any effort by Japan to drive down the yen would be vigorously opposed by other major economies. MSCI's broadest index of Asia-Pacific...

  • TOKYO, April 8- The dollar firmed a little but languished close to 17- month lows against the yen on Friday, with the Japanese currency poised for weekly gains against its major counterparts despite verbal warnings from Japanese officials. Underpinning the greenback, a less cautious tone from Federal Reserve Chair Janet Yellen reminded investors that U.S....

  • MELBOURNE, April 8- London copper slipped on Friday and was facing its largest weekly loss in three months as investors took profits on expectations that China shipments were set to tail off after the peak quarter for demand. *Shanghai Futures Exchange copper ended the overnight session down 2.7 percent at 35,750 yuan a tonne. *China may be about to shock the...