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Top News & Analysis Wyoming

  • *Wall Street rises, led by tech and material stocks. NEW YORK, Aug 22- Global equity markets rallied on Tuesday, lifted by mining companies in Europe and surging technology shares on Wall Street, while crude oil rebounded on indications that supply is gradually tightening, especially in the United States. A 2.1 percent slide in the benchmark S&P 500 index over the...

  • *Canadian dollar at C $1.2568, or 79.57 U.S. cents. TORONTO, Aug 22- The Canadian dollar was marginally weaker against its U.S. counterpart on Tuesday despite firmer oil prices, as the greenback rallied ahead of the annual Jackson Hole conference of global central bankers. "Canadian data has persistently surprised on the upside," said Mazen Issa, senior FX strategist...

  • *Yellen's speech at Jackson Hole on Friday awaited. U.S. House Speaker Paul Ryan told CNN at a town hall on Monday that tax reform would be easier to pass than the failed healthcare overhaul because Republicans have built a consensus. Separately, Senate Majority Leader Mitch McConnell said on Monday that there was "zero chance" that the United States will fail to...

  • NEW YORK, Aug 22- The dollar rallied on Tuesday after falling for two straight days, benefiting from the euro's decline following weaker-than-expected euro zone data as well as investors adjusting positions ahead of a global central bankers' conference this week. "The heavy short positioning on the dollar and some of the foreign growth momentum stabilizing,...

  • Senate Majority Leader Mitch McConnell said on Monday that there was "zero chance" that the United States will fail to raise the debt ceiling, allaying concerns that the United States is poised to default on its debt. "Most of the investors that were on the sidelines just needed a little bit of a flare gun that was positive to say that these next few weeks, were going to...

  • *Investors watching U.S. military drills with South Korea. NEW YORK/ LONDON, Aug 22- Gold prices fell on Tuesday, pressured by the stronger U.S. dollar ahead of an annual meeting of central bankers this week, while palladium fell from its highest level since February 2001. Investors awaited speeches by European Central Bank President Mario Draghi and U.S.

  • *Wall Street rises, led by tech, material stocks. NEW YORK, Aug 22- Global equity markets rose on Tuesday, lifted by mining companies in Europe and technology shares on Wall Street, while crude oil rebounded on indications supply is gradually tightening, especially in the United States. Treasury and gold prices fell ahead of an annual meeting this week of central...

  • *Yellen's speech at Jackson Hole on Friday awaited. Aug 22- U.S. stocks were higher in early afternoon trading on Tuesday, with all the three major indexes poised for their best one-day percentage gains in more than a week, led by technology stocks. The absence of major news from the White House and on the tensions between the United States and North Korea two major...

  • *Yellen's speech at Jackson Hole on Friday awaited. Aug 22- U.S. stocks were higher in early afternoon trading on Tuesday, with all the three major indexes poised for their best one-day percentage gains in more than a week, led by technology stocks. The absence of major news from the White House and on the tensions between the United States and North Korea two major...

  • *Italy yield jumps 9 bps to three-week high. LONDON, Aug 22- Italian government bond yields jumped on Tuesday, stretching the gap with German peers to a five-week high, in the wake of proposals to introduce a parallel currency in Italy that have upped the ante for elections due next year. The report highlights concerns about broader anti-euro sentiment in Italy, the...

  • *Wall Street rises, led by tech, material stocks. NEW YORK, Aug 22- Global equity markets rose on Tuesday, lifted by mining companies in Europe and technology shares on Wall Street, while crude oil rebounded on indications supply is gradually tightening, especially in the United States. Treasury and gold prices fell ahead of an annual meeting this week of central...

  • *Yellen's speech at Jackson Hole on Friday awaited. London copper rose to a three-year high, zinc held close to its highest in a decade and nickel reached a 2017 high as mostly technical signals prompted speculators and funds to pour more cash into base metals. The absence of major news from the White House and on the tensions between the United States and North...

  • SAO PAULO, Aug 22- Brazilian stocks on Tuesday shot to a six-year high after the government unveiled plans to privatize power utility Centrais Elétricas Brasileiras SA, spurring demand for state-run firms. Late on Monday, Brazil floated a proposal to cede control of the country's biggest power utility, the boldest privatization yet amid a string of public...

  • *Germany's investor confidence index falls. NEW YORK, Aug 22- The dollar rallied on Tuesday after falling for two straight days, benefiting from the euro's decline following weaker-than-expected euro zone data as well as investors adjusting positions ahead of a global central bankers' conference later this week. Caution and position-squaring ahead of the...

  • *Dollar bounces back ahead of Fed's Jackson Hole meeting. London copper rose to a three-year high, zinc held close to its highest in a decade and nickel reached a 2017 high as mostly technical signals prompted speculators and funds to pour more cash into base metals. "There's nothing really fundamental to drive things onwards from here, so I think it's a bit of...

  • NEW YORK— Stocks around the world jumped on Tuesday, and the Standard& Poor's 500 had one of its best days of the year, as markets put a shaky last couple of weeks further behind them. Those two weeks were a jolt for markets, as worries rose about political strife in Washington and abroad. He pointed in part to increased optimism that Washington will avoid a default on...

  • *Yellen's speech at Jackson Hole on Friday awaited. Aug 22- U.S. stocks opened higher on Tuesday, with the Dow gaining more than 100 points, as investors went bargain hunting following a turbulent two weeks, while awaiting the annual central bankers meeting in Jackson Hole later this week. "The market is in a little bit of a wait-and-see mode as we go into Jackson Hole...

  • *Canadian dollar at C $1.2543 or 79.73 U.S. cents. TORONTO, Aug 22- The Canadian dollar strengthened to a three-week high against its U.S. counterpart on Tuesday after robust domestic retail sales data for June bolstered expectations the Bank of Canada could raise interest rates in October. "Positioning makes it challenging for the CAD rally to persist but lack of...

  • *Jackson Hole conference watched for monetary policy clues. Yields fell to almost two-month lows on Friday as political discord in Washington sparked safety buying and on continuing concern about tensions between the United States and North Korea. I think its a pattern of consolidation weve been falling into, said Aaron Kohli, an interest rate strategist at...

  • *Yellen's speech at Jackson Hole on Friday awaited. Aug 22- U.S. stocks were set to open higher on Tuesday as investors picked up beaten-down stocks following a turbulent two weeks, while awaiting the annual central bankers meeting in Jackson Hole later this week. The central banking conference in Jackson Hole, Wyoming, starts Thursday, with Federal Reserve Chair...