Top News & Analysis Wyoming

  • *China property stocks down 2 pct; selling pressure in financials. Japanese and Chinese stocks had suffered modest drops in Asia and the pace picked up in Europe as London's FTSE sank 0.8 percent and Frankfurt and Paris lost 1.2 percent. "The recapitalisation of CGD is likely to have implications for Portugal's budget, but all in all it is positive," said DZ Bank...

  • LONDON, Aug 25- Portugal's borrowing costs pulled away from recent one-month highs on Thursday after an agreement on the recapitalisation of ailing state-owned bank CGD eased worries about the health of the country's banking sector. The news bought some relief to Portuguese bond yields, which last week suffered the biggest weekly jump in almost four months...

  • *MSCI Asia-Pacific index up 0.2 pct, Taiwan gains. HONG KONG, Aug 25- Asian stocks edged higher on Thursday but clung to recent well-worn trading ranges while the dollar held firm against regional currencies ahead of a speech by Federal Reserve Chair Janet Yellen at a global central bankers' meeting. Japan's Nikkei was down 0.3 percent, pressured by losses on Wall...

  • TOKYO, Aug 25- The dollar was range-bound in illiquid Asian trade on Thursday as major currencies continued to tread water ahead of the global central bankers' gathering in Jackson Hole, Wyoming, at which Federal Reserve Chair Janet Yellen may offer new clues on U.S. monetary policy. Fed officials including Vice Chairman Stanley Fischer and New York Fed...

  • JACKSON HOLE, Wyoming, Aug 25- While markets wait for Janet Yellen's latest message about the direction of monetary policy, the Federal Reserve chief and her colleagues already have one for politicians: the U.S. economy needs more public spending to shift into higher gear. In the past few weeks, Yellen and three of the Fed's other four Washington- based governors...

  • *Spot gold might test $1,308- technicals. Aug 25- Gold on Thursday held slightly above a four-week low touched in the previous session as the dollar lost some strength ahead of a speech by Federal Reserve Chair Janet Yellen that may yield clues on U.S. interest rate policy. Spot gold was up 0.2 percent at $1,325.50 an ounce at 0348 GMT.

  • SHANGHAI, Aug 25- China's yuan firmed on Thursday, underpinned by a modest pullback in the dollar index in Asian morning trade though activity remained subdued. Trading was cautious ahead of the global central bankers' gathering in Jackson Hole, Wyoming, where Federal Reserve Chair Janet Yellen's speech on Friday may offer fresh clues on U.S. monetary policy...

  • *MSCI Asia-Pacific index up 0.2 pct, Taiwan gains. HONG KONG, Aug 25- Asian stocks edged higher on Thursday but clung to recent well-worn trading ranges while the greenback held firm against regional currencies ahead of a speech by Federal Reserve Chair Janet Yellen at a global central bankers' meeting. Japan's Nikkei was down 0.3 percent, pressured by losses on...

  • TOKYO, Aug 25- Japanese stocks edged down on Thursday as appetite for risk was checked by weakness on Wall Street and caution ahead of a speech by Federal Reserve Chair Janet Yellen on Friday, an event global markets hope will provide clues on the outlook for U.S. rates. Fed officials including Vice Chair Stanley Fischer and New York Fed President William Dudley...

  • Aug 25- Gold rose slightly on Thursday after hitting a four-week low in the previous session, with the dollar losing strength 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 was up 0.2 percent at $1,326.22 an ounce at 0102 GMT. *Yellen is scheduled to address a meeting of central...

  • TOKYO, Aug 25- The dollar bobbed higher in Asian on Thursday but major currencies continued to tread water ahead of the global central bankers' gathering in Jackson Hole, Wyoming, at which Federal Reserve Chair Janet Yellen may offer new clues on U.S. monetary policy. Futures markets on Wednesday were indicating an 18 percent chance the U.S. central bank would hike...

  • TOKYO, Aug 25- Asian stocks slipped on Thursday, taking their cue from an overnight drop on Wall Street, while the dollar marked time ahead of Friday's speech by Federal Reserve Chair Janet Yellen at the global central bankers' meeting. MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.3 percent. Australian stocks fell 0.1 percent, South Korea's...

  • JACKSON HOLE, WYOMING, United States- Bank of England's Deputy Governor for Markets and Banking Nemat Shafik to participate in a panel discussion titled "Adapting to Changes in the Financial Market Landscape"- 1450 GMT. FRIDAY, AUGUST 26 JACKSON HOLE, WYOMING, United States- Federal Reserve Chair Janet Yellen speaks on "The Federal Reserve's Monetary Policy...

  • NEW YORK, Aug 24- Wall Street retreated on Wednesday, pulled lower by weakness in the materials and healthcare sectors as investors continued to weigh the possibility of an interest rate hike in the coming months. The market is awaiting Federal Reserve Chair Janet Yellen's speech in Jackson Hole, Wyoming, on Friday for insight on the direction of monetary policy.

  • NEW YORK, Aug 24- The dollar rose on Wednesday in thin trading, helped by data the previous day showing a surge in U.S. new home sales, but gains were capped by uncertainty ahead of Federal Reserve Chair Janet Yellen's speech at a central bankers' conference on Friday. Late on Wednesday, futures markets assigned an 18 percent chance the Fed would hike rates at its...

  • *Markets await Jackson Hole meeting for rates clues. NEW YORK/ LONDON, Aug 24- Gold dipped 1 percent to a four-week low on Wednesday as the dollar strengthened and markets looked ahead to a speech by Federal Reserve Chair Janet Yellen that will be closely watched for further clues on U.S. interest rate policy. U.S. gold futures for December delivery settled down 1.2...

  • NEW YORK, Aug 24- U.S. Vice Chair Stanley Fischer, New York Fed President William Dudley and Atlanta Fed President Dennis Lockhart, have expressed upbeat views of the economy in the past week, indicating a rate increase this year is likely and could come as soon as the September meeting. "The rhetoric we've gotten from the Fed over the past week from numerous Fed...

  • NEW YORK, Aug 24- Wall Street retreated on Wednesday, pulled lower by declines in the materials and healthcare sectors as investors continued to assess the possibility of an interest rate hike in the coming months. The market is awaiting Federal Reserve Chair Janet Yellen's speech in Jackson Hole, Wyoming, on Friday for insight on the direction of monetary...

  • WASHINGTON, Aug 24- U.S. home resales fell more than expected in July after four straight months of strong gains, as a lack of inventory limited choice for buyers, but further price rises suggested the housing market remained on solid ground. The slump in sales reported by the National Association of Realtors on Wednesday is likely to be temporary, given that a...

  • Aug 24- Wall Street was lower on Wednesday, led by declines in technology and defensive stocks as investors weighed up the possibility of a rate hike in the coming months. The market is awaiting Federal Reserve Chair Janet Yellen's speech in Jackson Hole, Wyoming on Friday when she is expected to give a steer on the direction of monetary policy.