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Top News & Analysis Wyoming

  • NEW YORK, Aug 30- Stocks and the dollar rose on Wednesday after economic data indicated solid momentum, keeping alive the prospect of a U.S. interest rate increase in December. Gasoline futures surged and crude oil was down, as flooding and damage from Tropical Storm Harvey shut nearly a quarter of U.S. refinery capacity, curbing demand for crude while raising the...

  • NEW YORK, Aug 30- The U.S. dollar rose broadly on Wednesday on speculation the European Central Bank could step in to weaken the euro and after strong U.S. economic data boosted expectations for a solid U.S. jobs report Friday. The euro was on track for its biggest daily percentage drop against the dollar in nearly four weeks, of about 0.6 percent, putting it back below...

  • LONDON, Aug 30- The euro slipped back below $1.20 on Wednesday, as investors worried that a rally that has seen the single currency gain almost 14 percent since the start of the year might be running out of steam. North Koreas launch of a ballistic missile over Japans northern island of Hokkaido had been the primary cause for a risk-off mood across markets on...

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  • With markets grasping at the lack of any mention of the euro's strength by ECB President Mario Draghi at the Jackson Hole conference in Wyoming last week as a tacit green signal for euro bulls, traders pushed the single currency above the $1.20 line. "I think the fact that Draghi refrained from talking about the euro at Jackson Hole, opened the door for the market to...

  • With markets grasping at the lack of any mention of the euro's strength by ECB President Mario Draghi at the Jackson Hole conference in Wyoming last week as a tacit green signal for euro bulls, traders pushed the single currency above the $1.20 line. "I think the fact that Draghi refrained from talking about the euro at Jackson Hole, opened the door for the market to...

  • LONDON, Aug 29- Investors have all but ruled out the chances of an interest rate hike from the European Central Bank over the next year given dovish policymaker comments, a surge in the euro and subdued inflation. "Post Sintra, we've had some dovish talk from the ECB with the taper announcement not expected until the autumn," said Martin van Vliet, a senior rates...

  • With markets grasping at the lack of any mention of the euro strength by ECB President Mario Draghi at the Jackson Hole conference in Wyoming last week as a tacit green signal for euro bulls, traders quickly pushed the single currency above the $1.20 line in early trades. "Risk sentiment has taken a beating on the North Korea jitters and weak equity markets with...

  • Having gained more than 14 percent against the dollar this year, financial markets were relieved that ECB President Mario Draghi made no mention of the euro's strength at the Jackson Hole conference in Wyoming last week, focusing instead on subjects such as global trade. "The market is still digesting Draghi's comments from Jackson Hole and the U.S. outlook is...

  • NEW YORK, Aug 28- U.S. crude oil futures fell on Monday but gasoline prices surged to 2- year highs as Tropical Storm Harvey kept hammering the U.S. Gulf Coast, knocking out several refineries, which backed up crude supplies and disrupted fuel production. Harvey made landfall in Texas late on Friday as the most powerful hurricane to hit the region in more than 50...

  • *Tropical Storm Harvey impact weighs on dollar. NEW YORK, Aug 28- The U.S. dollar dropped to its lowest in roughly 16 months against a basket of major currencies and a more than 2-1/ 2- year low against the euro on Monday, following comments from central bankers on Friday and worries over Tropical Storm Harvey. European Central Bank President Mario Draghi's decision...

  • NEW YORK, Aug 28- U.S. crude oil futures fell on Monday but gasoline prices surged to 2- year highs as Tropical Storm Harvey kept hammering the U.S. Gulf Coast, knocking out several refineries which backed up crude supplies and disrupted fuel production. Harvey made landfall in Texas late on Friday as the most powerful hurricane to hit the region in more than 50...

  • NEW YORK/ JOHANNESBURG, Aug 28- Gold rallied to a 9-1/ 2- month high on Monday, breaching $1,300 per ounce as the dollar fell and the euro rose after the head of the European Central Bank said that the euro zone's economic recovery had taken hold at a meeting of central bankers. At the meeting in Jackson Hole, Wyoming, the ECB's Mario Draghi said the bank's ultra-loose...

  • NEW YORK, Aug 28- Oil markets were roiled on Monday after Tropical Storm Harvey wreaked havoc along the U.S. Gulf Coast over the weekend, hitting the heart of the U.S. oil and gas industry. Harvey made landfall in Texas late on Friday as the most powerful hurricane to hit the region in more than 50 years and caused large-scale flooding. Spot prices for U.S. gasoline...

  • LONDON, Aug 28- Germany's benchmark 10- year government bond yield dipped to a two-month low on Monday, in the absence of any major policy cues from top central bankers at a gathering in Jackson Hole, Wyoming at the end of last week. European Central Bank chief Mario Draghi, speaking late on Friday, said ECB policy is working and the euro zone's economic recovery has...

  • *Tropical Storm Harvey impact weighs on dollar. NEW YORK, Aug 28- The U.S. dollar dropped to its lowest in roughly 16 months against a basket of major currencies and a more than 2-1/ 2- year low against the euro on Monday, following comments from central bankers on Friday and worries over Tropical Storm Harvey. European Central Bank President Mario Draghi's decision...

  • TORONTO, Aug 28- The Canadian dollar strengthened on Monday against a broadly weaker U.S. dollar, which softened against key rivals as Tropical Storm Harvey flooded the country's fourth-largest city. President Donald Trump, who tweeted that Mexico and Canada were both being "very difficult" and again raised the possibility of scrapping the free trade...

  • LONDON, Aug 28- An already weak dollar dropped to 16- month lows against a basket of major currencies on Monday, as flooding caused by Tropical Storm Harvey paralyzed the United States fourth-biggest city and drove worries about a hit to the economy. Federal Reserve Janet Yellen failed to mention monetary policy at the closely watched Jackson Hole meeting in...

  • Aug 28- U.S. stock index futures were little changed on Monday as Tropical Storm Harvey barreled into the Texas coast, the heart of the U.S. energy sector, raising concerns about the impact of the storm on the economy and piling more pressure on the dollar, which hit 16- month lows against a basket of currencies. *Harvey, the most powerful hurricane to hit Texas in more...

  • JOHANNESBURG, Aug 28- Gold rose to its highest in more than a week on Monday as the dollar weakened and the euro powered ahead after the head of the European Central Bank refrained from talking down the single currency at a high-profile meeting of central bankers. At the meeting in Jackson Hole in the U.S. state of Wyoming, the ECB's Mario Draghi said the bank's...