Top News & Analysis Wyoming

  • "Gold prices are in the sidelines, waiting for clues from Yellen's speech," said Helen Lau, an analyst with Argonaut Securities in Hong Kong. Spot gold was up 0.2 percent at $1,323.81 an ounce at 0407 GMT after touching a 4- week low of $1,317.46 in the previous session, and looked set to post a weekly loss of over 1 percent. Spot gold may break a support at $1,318 per ounce...

  • SHANGHAI, Aug 26- China's yuan weakened marginally Friday as the dollar traded sideways, with mainland currency traders awaiting an important speech by U.S. Federal Reserve Chair Janet Yellen later today. The People's Bank of China set the midpoint rate at 6.6488 per dollar prior to market open, firmer than the previous fix 6.6602.

  • WASHINGTON— Federal Reserve Chair Janet Yellen said Friday that the case for raising interest rates has strengthened in light of a solid job market and an improved outlook for the U.S. economy and inflation. Yellen sketched a generally upbeat assessment of the economy in a speech to an annual conference of central bankers in Jackson Hole, Wyoming.

  • TOKYO, Aug 26- The yen could be in for a bout of volatility and may even strengthen further in September, building on the boost from a sharp recent rise in Japanese government bond yields. Japanese government bond yields spiked in response to the limited scope of the Bank of Japan's stimulus increase, drove the yen's rise and turned the U.S.- Japan long-term...

  • TOKYO, Aug 26- Japanese government bond prices slipped on Friday, with the market tracking an overnight fall in U.S. Sentiment was cautious with some bracing for Federal Reserve Chair Janet Yellen to strike a hawkish tone later in the day, along with other policymakers who have expressed such views over the past week. Yellen will speak at an annual gathering of...

  • SINGAPORE/ TOKYO, Aug 26- Asian stocks were steady on Friday with modest losses in some markets and gains in others reflecting nervousness before a keenly anticipated speech by U.S. Federal Reserve Chair Janet Yellen. MSCI's broadest index of Asia Pacific shares outside Japan was little changed as investors awaited some direction from Yellen on whether the...

  • TOKYO, Aug 26- Japanese stocks fell on Friday morning in line with a dip on Wall Street and as investors stayed cautious before a speech by Federal Reserve Chair Janet Yellen, but companies announcing share buybacks attracted buying. Traders expect overall trading to be subdued on Friday amid caution before Yellen delivers the keynote speech at the annual...

  • *Oil shored up amid U.S.- Iran military tensions in the Gulf. TOKYO, Aug 26- Caution ahead of a speech by Federal Reserve Chair Janet Yellen at the annual gathering of central bankers in Jackson Hole, Wyoming, limited movements across global markets on Friday. MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.2 percent.

  • MELBOURNE, Aug 26- London copper was stuck near two-month lows on Friday ahead of an annual gathering of central bankers in the United States and was facing its biggest weekly drop in seven weeks as global stocks jump, while nickel has seen a sharp weekly decline as fears fade over Philippine supply. *London Metal Exchange copper had edged up 0.1 percent to $4,632 a...

  • Aug 26- Gold held steady early on Friday after hitting four-week lows in the previous session when the dollar slipped ahead of a speech by Federal Reserve Chair Janet Yellen that will be closely watched for clues on U.S. interest rate policy. *Spot gold edged higher 0.1 percent at $1,323 an ounce at 0059 GMT. *Market players are hoping Yellen will give a clearer...

  • JACKSON HOLE, Wyo., Aug 25- An unusually large group of Federal Reserve policymakers appeared before activists on Thursday and defended their plans to raise interest rates to keep the U.S. economy from eventually overheating. "It's not about trying to stop the economy from growing," San Francisco Fed President John Williams told about 100 labor activists from the...

  • *Japan price data keeps pressure on BOJ to muster more stimulus. TOKYO, Aug 26- The dollar remained on tenterhooks on Friday, ahead of Federal Reserve Chair Janet Yellen's highly anticipated speech later in the session that some believe could provide clarity on whether U.S. interest rates are headed higher this year. Yellen will deliver the keynote speech at a...

  • *Oil shored up amid U.S.- Iran military tensions in the Gulf. TOKYO, Aug 26- Caution ahead of a speech by Federal Reserve Chair Janet Yellen's speech at the annual gathering of central bankers in Jackson Hole, Wyoming, limited movements across global markets on Friday. MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.2 percent.

  • FRIDAY, AUGUST 26 JACKSON HOLE, WYOMING, United States- Federal Reserve Chair Janet Yellen speaks on "The Federal Reserve's Monetary Policy Toolkit" before the Federal Reserve Bank of Kansas City Economic Symposium, "Designing Resilient Monetary Policy Frameworks for the Future"- 1400 GMT. PAUL, United States- Federal Reserve Bank of Minneapolis President Neel...

  • NEW YORK, Aug 25- Investors trimmed risk assets before a gathering of central bankers on Friday, pulling $6.4 billion from U.S.-based stock funds in a course-reversal during the week ended Aug. 24, data from Lipper showed on Thursday. The outflows, which came a week after cash poured into stock funds for the first time in five weeks, are the last data showing U.S. fund...

  • JACKSON HOLE, Wyo., Aug 25- As central bankers converge on this mountain resort Thursday for an annual conference on monetary policy, a couple of top Federal Reserve officials took the chance to renew a push for interest-rate hikes, citing improvement in employment and inflation. "The case is strengthening" for a rate hike, Dallas Fed President Robert Kaplan told...

  • *U.S. Navy fired warnings shots after approach by Iran craft. NEW YORK, Aug 25- Oil prices rose 1 percent on Thursday on U.S.- Iran military tensions in the Gulf and speculation the dollar will fall on a monetary policy speech due from the U.S. The market, however, gave back some gains after an interview by Saudi Arabia's energy minister with Reuters raised fresh...

  • *Healthcare pulls Wall Street slightly lower. NEW YORK, Aug 25- Most investors refrained from making big bets on Thursday ahead of the start of a central bankers' meeting in the mountains of Wyoming that could clarify the path of U.S. interest rate policy. Federal Reserve Chair Janet Yellen will deliver the keynote speech on Friday, but she may struggle to convince...

  • *U.S. Navy fired warnings shots after approach by Iran craft. NEW YORK, Aug 25- Oil prices rose 1 percent on Friday on U.S.- Iran military tensions in the Gulf and speculation the dollar will fall on a monetary policy speech due from the U.S. The market, however, gave back some gains after an interview by Saudi Arabia's energy minister with Reuters raised fresh doubts...

  • NEW YORK, Aug 25- U.S. Treasury yields ended higher on Thursday after the government saw reduced demand for a sale of new seven-year notes, ahead of a highly anticipated speech by Federal Reserve Chair Janet Yellen on Friday. "Everybody wanted to play it a little bit safer and move into the five-year," said Jim Vogel, an interest rate strategist at FTN Financial in...