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Top News & Analysis Wyoming

  • *European shares in the red, Wall Street seen unchanged. LONDON, Aug 29- The dollar rose to a three-week high against the yen on Monday, while bond yields surged to their highest since June and stocks sold off after senior Federal Reserve officials indicated a U.S. interest rate increase was on the cards soon. But on Friday, at an annual gathering of global central...

  • LONDON, Aug 29- The dollar rose to a three-week high against the yen on Monday after senior Federal Reserve officials bolstered expectations that U.S. interest rates would rise soon. Treasury yields rose to their highest since June and rate futures indicated the market priced in more than a 30 percent chance of a hike in September, up from 18 percent before Fed...

  • Speaking at a meeting of leading central bankers in Jackson Hole, Wyoming, Fed chair Janet Yellen said on Friday that an improvement in the economy and the labor market in recent months had boosted the case for hiking rates. The CME Group's FedWatch tool showed the market pricing in more than a 30 percent chance of a hike in September, up from 18 percent before...

  • *European shares in the red, Germany's DAX down 1 percent. LONDON, Aug 29- The dollar rose to a three-week high against the yen on Monday, while bond yields surged to their highest since June and stocks sold off after senior Federal Reserve officials indicated a U.S. interest rate increase was on the cards in the near term. But on Friday, at the Fed's annual gathering for...

  • Aug 29- Hong Kong stocks fell on Monday after U.S. Yellen's relatively upbeat tone in a speech on Friday at the Fed's annual monetary policy conference in Jackson Hole, Wyoming, weighed on Hong Kong stocks, which are more vulnerable to global money flows. Bucking the trend, Chinese automaker BYD Co Ltd's shares in Hong Kong rose 2.5 percent after it predicted an up to...

  • LONDON, Aug 29- The dollar rose to a three-week high against the yen on Monday after senior Federal Reserve officials bolstered expectations that U.S. interest rates will rise soon. Treasury yields rose to their highest since June and rate futures indicated the market priced in more than a 30 percent chance of a hike in September, up from 18 percent before Fed...

  • JACKSON HOLE, Wyo., Aug 27- Federal Reserve policymakers are signaling they could raise U.S. interest rates soon but they are already weighing new tools they may need to fight the next recession. A solid U.S. labor market "has strengthened" the case for the first rate increase since last December, Fed Chair Janet Yellen told a central banking conference in Jackson...

  • SHANGHAI, Aug 29- China stocks were firm on Monday morning as a slew of mid-year company earnings reports showed tentative signs of bottoming-out in struggling sectors such as coal and steel, with further recovery expected in the second half. But Hong Kong stocks, which are more vulnerable to global money flows, dropped after U.S. As of last Friday, over 2,000 China-...

  • TOKYO, Aug 29- Japanese stocks surged to 1-1/ 2- week highs on Monday morning as the yen weakened after U.S. Federal Reserve Chair Janet Yellen signalled an interest rate hike remains on the cards this year, lifting insurers and exporters. Exporters also surged after the dollar rose 0.2 percent to 102.03 yen after earlier rising as high as 102.14, its best since Aug....

  • *Asia ex- Japan stocks down 0.7 pct on Fed rate hike expectations. SINGAPORE, Aug 29- Most Asian share markets slipped on Monday while the U.S. dollar held firm on Monday after U.S. MSCI's broadest index of Asia-Pacific shares outside Japan slid 0.7 percent.

  • TOKYO, Aug 29- The dollar stood tall in Asian trading on Monday, after Federal Reserve Chair Janet Yellen's upbeat comments on the U.S. economy and traders raised their bets on an interest rate increase. The dollar added 0.2 percent to 102.03 yen after earlier rising as high as 102.14, its best since Aug. 12. "The next barrier is in the 102.00-102.60 band," wrote Marc...

  • JACKSON HOLE, Wyo., Aug 27- Federal Reserve policymakers are signaling they could raise U.S. interest rates soon but they are already weighing new tools they may need to fight the next recession. A solid U.S. labor market "has strengthened" the case for the first rate increase since last December, Fed Chair Janet Yellen told a central banking conference in Jackson...

  • Federal Reserve should scrap a plan to shrink its massive bond holdings and instead keep them "indefinitely" as a new and little-recognized tool to protect against financial shocks, according to research presented on Saturday to some of the world's top central bankers. Former Fed Governor Jeremy Stein and two colleagues at Harvard University concluded in a...

  • TORONTO, Aug 26- Canada's main stock index edged higher in a seesaw session on Friday, led by financial and industrial stocks as investors raised bets for U.S. interest rate hikes this year after a speech by Federal Reserve Chair Janet Yellen. For the week, the Toronto Stock Exchange's S&P/TSX composite index fell 0.3 percent. Much of the fluctuation in the index on...

  • *Yellen, Fischer comments on rate hike hit Wall Street. NEW YORK, Aug 26- U.S. stocks closed lower in choppy trading and the U.S. dollar surged on Friday as investors grappled with the possible timing of an interest rate hike after comments from several Federal Reserve officials, including Chair Janet Yellen. "The Fed served notice that a rate hike is still a...

  • JACKSON HOLE, Wyo., Aug 26- The Federal Reserve is getting closer to raising interest rates again, the head of the U.S. central bank and other policymakers said on Friday in comments that left the door open for a hike as early as next month. Fed Chair Janet Yellen told a global monetary policy conference that the case for a rate increase had grown stronger, while Fed Vice...

  • Louis Fed President James Bullard, known as an outspoken U.S. central banker, set off the spat with the activists group called Fed Up when in a televised interview he noted that a Facebook founder Dustin Moskovitz Moskovitz funds the group and therefore he should attend the conference in person. Speaking on CNBC television Friday, Bullard said funding of the...

  • NEW YORK, Aug 26- U.S. stocks ended modestly lower after a volatile session on Friday, having bounced between gains and losses as investors wrestled with the likely timing of a U.S. interest rate hike following comments from top Federal Reserve officials. The S&P 500 rose after Fed Chair Janet Yellen said the case for raising rates had strengthened but did not...

  • SAN FRANCISCO, Aug 26- Wall Street will fixate on a wave of U.S. economic data next week, crested by payrolls data on Friday that could sway expectations about the timing of future interest rate hikes and spark volatility in record-high stock prices. Fed Chair Janet Yellen said the case for a rate hike is strengthening, but she left open the timing of what would be the...

  • NEW YORK, Aug 26- The dollar rallied to a two-week high against the yen and Swiss Franc on Friday in volatile trading as investors focused on Federal Reserve Chair Janet Yellen's comments on an improving U.S. economy that bolstered the case for an interest rate increase. The dollar, however, then rose as traders re-assessed her words and took into account hawkish...