Top News & Analysis Wyoming

  • 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...

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

  • NEW YORK/ LONDON, Aug 25- Gold hit four-week lows on Thursday, under pressure from upbeat U.S. data in the run-up to a speech by Federal Reserve Chair Janet Yellen this week that will be watched for clues on monetary policy. Spot gold was down 0.1 percent at $1,322.26 an ounce December delivery settled down 0.4 percent at $1,324.60. Yellen may signal a firm commitment...

  • *Speculative trading ahead of informal OPEC meet in Sept. *Cushing stocks fall 313,000 bbls in week to Aug. 23- Genscape. Some traders cited bullish data issued by energy monitoring firm Genscape showed a drawdown of more than 313,000 barrels at the Cushing, Oklahoma delivery point for U.S. crude futures during the week to Aug. 23.

  • *Wall Street recovers after lower open. NEW YORK, Aug 25- Slumping healthcare stocks pulled European markets lower on Thursday after White House candidate Hillary Clinton demanded price cuts on a successful drug, while many investors awaited headlines from a big gathering of central bankers. London's FTSE closed 0.28 percent lower.

  • 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...

  • WASHINGTON, Aug 25- New orders for U.S. manufactured capital goods rose for a second straight month in July as demand for machinery and a range of other products picked up, offering a tentative sign that a business spending downturn was starting to ease. Fed Chair Janet Yellen could give guidance on the near-term outlook for U.S. monetary policy when she speaks on...

  • SAO PAULO, Aug 25- Latin American stocks and currencies seesawed on Thursday as traders avoided big bets ahead of U.S. Also fostering caution in Brazilian markets was suspended President Dilma Rousseff's trial at the Senate, which was widely expected to permanently confirm her impeachment. A final vote is likely to confirm her vice president Michel Temer as...

  • Crude futures also saw support from players buying on dips and looking for a bottom on speculation that next month's informal meeting between OPEC and other major oil producers could result in production curbs. Brent crude futures were up 45 cents, or 0.9 percent, at $49.50 a barrel by 10:15 a.m. EDT, after settling down 1.8 percent on Wednesday.

  • *Jackson Hole meeting closely watched for policy clues. LONDON, Aug 25- Gold hit four-week lows on Thursday, under pressure from upbeat U.S. data in the run-up to a speech by Federal Reserve Chair Janet Yellen this week that will be watched for clues on monetary policy. Spot gold was down 0.2 percent at $1,320.40 an ounce at 1332 GMT, while U.S. gold futures for December...

  • NEW YORK, Aug 25- U.S. The Commerce Department said on Thursday that non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, increased 1.6 percent last month. "We're trading a little heavy here after the data," said Justin Lederer, an interest rate strategist at Cantor Fitzgerald in New York.

  • Aug 25- Wall Street was set to open lower on Thursday as investors treaded water ahead of Federal Reserve Chair Janet Yellen's speech at a gathering of central bankers that could paint a clearer picture on interest rates hikes. Yellen addresses the annual meeting at Jackson Hole, Wyoming on Friday at 10:00 a.m. ET. Kansas City Fed President Esther George on...

  • *Wall Street to open lower, durable goods, jobless data ahead. Japanese and Chinese stocks had suffered modest drops in Asia and the pace picked up in Europe as London's FTSE sank 0.4 percent and Frankfurt and Paris lost as much as 1.2 percent in a region-wide slide. Stubbornly low oil prices and warnings about steel demand kept the pressure on miners in Europe,...

  • *Investors have been waiting for Fed Chair Janet Yellen's address at an annual meeting of global central bankers in Jackson Hole, Wyoming, for signals on the timing of the next rate hike. *Data due Thursday includes a report on weekly jobless claims, which likely increased by 3,000 to 265,000. The report will be released at 8:30 a.m. ET. *Durable goods orders data...

  • 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. Yields last week suffered the biggest weekly jump in almost four months after DBRS, the ratings agency that holds Portugal's...