×

Top News & Analysis Wyoming

  • NEW YORK, Aug 25- U.S. stocks rose slightly on Friday though they were off session highs after Federal Reserve Chair Janet Yellen stayed silent on monetary policy in a much-anticipated speech, and a key White House official said tax reforms were on the horizon. "Rather than use this speech today, as I would have hoped, to lay out her thinking on the plans for the Fed to...

  • *OPEC/ non- OPEC producers mull extension of output cut. Harvey became a Category 2 storm as it crossed the Gulf of Mexico with winds of 110 mph, 145 miles off Port O'Connor, Texas, the National Hurricane Center said. The NHC, which has warned that catastrophic flooding was expected across portions of southern and southeastern Texas, expects Harvey to move slowly and...

  • *Wall St. rises, dollar slips as Yellen omits policy talk. NEW YORK, Aug 25- World stock markets advanced while the U.S. dollar weakened on Friday after Federal Reserve Chair Janet Yellen omitted monetary policy in a much-anticipated speech that left the possibility of a U.S. interest rate hike in December open to interpretation. "She didn't say anything that the...

  • NEW YORK/ JOHANNESBURG, Aug 25- Gold firmed on Friday after U.S. Federal Reserve Chair Janet Yellen made no mention of monetary policy in her much-anticipated speech, while investors awaited clues from European Central Bank President Mario Draghi. "That relieved the market of a little bit of concern about that," said Bill O'Neill, partner with Logic Advisors in...

  • *OPEC/ non- OPEC producers mull extension of output cut. Harvey became a Category 2 storm as it crossed the Gulf of Mexico with winds of 110 mph, 145 miles off Port O'Connor, Texas, the National Hurricane Center said. The NHC, which has warned that catastrophic flooding was expected across portions of southern and southeastern Texas, expects Harvey to move slowly and...

  • Aug 25- U.S. short-term interest rate futures rose on Friday as traders scaled back expectations that the Federal Reserve will raise interest rates further this year after Fed Chair Janet Yellen skipped mention of monetary policy in a widely anticipated speech. At 1:02 p.m., fed funds futures contracts implied traders priced in a 37 percent chance the U.S....

  • Aug 25- A drop in tech stocks weighed on the Nasdaq on Friday and erased some gains in the S&P and Dow that came after Federal Reserve Chair Janet Yellen stayed mum on monetary policy and a key White House official said tax reforms were on the horizon. Yellen, in her speech at the annual meeting of central bankers in Jackson Hole, Wyoming, stuck to the theme of financial...

  • Wall St. gains on dovish Yellen remarks. NEW YORK, Aug 25- World stock markets advanced while the U.S. dollar weakened on Friday after Federal Reserve Chair Janet Yellen omitted monetary policy in a much-anticipated speech that left the possibility of a interest rate hike in December open to interpretation. "She didn't say anything that the market wanted to know...

  • SAO PAULO, Aug 25- Latin American currencies strengthened on Friday after U.S. Mexico's S&P/BVM IPC index was nearly flat, while Brazil's benchmark index slipped 0.2 percent. Shares of meatpacker JBS SA jumped after an anti-corruption division within the Brazilian prosecutor general's office on Thursday approved a leniency deal with its controlling...

  • *OPEC/ non- OPEC producers mull extension of output cut. Harvey became a Category 2 storm as it crossed the Gulf of Mexico with winds of 110 mph, 145 miles off Port O'Connor, Texas, the National Hurricane Center said. The NHC, which has warned that catastrophic flooding were expected across portions of southern and southeastern Texas, expects Harvey to move slowly and...

  • *Trump to turn attention to tax reforms next week- Cohn. Aug 25- Wall Street was higher in late morning trading on Friday as investors perceived Federal Reserve Chair Janet Yellen's remarks as dovish and on news that President Donald Trump will turn his attention to long-awaited tax reform next week. Yellen, as widely expected, did not mention monetary policy in...

  • TORONTO, Aug 25- Canada's main stock index inched higher on Friday as gains for a string of financial stocks were partly offset by a plunge in Tahoe Resources Inc after a court upheld a suspension of the license for its Escobal project in Guatemala, one of the world's largest silver mines. Investors were buying into heavyweight financial stocks, which were up 0.3...

  • NEW YORK, Aug 25- U.S. Were seeing a little bit of a relief that wasnt hawkish rally in Treasuries, but its minor, said John Briggs, head of strategy for the Americas at NatWest Markets in Stamford, Connecticut. European Central Bank President Mario Draghi was also due to address the annual economic policy conference later on Friday.

  • Inventories in warehouses registered by the London and Shanghai exchanges showed further erosion, but that and other supply/demand fundamentals did not justify the 17 percent price surge over the past seven weeks, said Julius Baer commodities research analyst Carsten Menke in Zurich. The dollar fell, however, after Federal Reserve Chair Janet Yellen did...

  • *Canadian dollar at C $1.2520, or 79.87 U.S. cents. Federal Reserve chief Janet Yellen and European Central Bank head Mario Draghi later on Friday at the annual central bankers meeting in Jackson Hole, Wyoming. At 9:20 a.m. EDT, the Canadian dollar traded at C $1.2520 to the greenback, or 79.87 U.S. cents, unchanged from the previous session's close and mostly...

  • NEW YORK, Aug 25- U.S. Treasury prices were steady as investors awaited indications of monetary policy from speeches by prominent central bankers gathered in Jackson Hole, Wyoming. Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi are both due to address the annual economic policy conference in the Rocky Mountains.

  • NEW YORK, Aug 25- U.S. Treasury prices were steady as investors awaited indications of monetary policy from speeches by prominent central bankers gathered in Jackson Hole, Wyoming. Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi are both due to address the annual economic policy conference in the Rocky Mountains.

  • Aug 25- U.S. stocks were set to open higher on Friday on news that President Donald Trump will turn his attention to tax reform next week and after National Economic Council Director Gary Cohn said he would stay in the post. Investors are also awaiting a speech by Federal Reserve Chair Janet Yellen at 10:00 a.m. ET in Jackson Hole, Wyoming, for clues on the future...

  • Inventories in warehouses registered by the London and Shanghai exchanges showed further erosion, but that and other supply/demand fundamentals did not justify the 17 percent price surge over the past seven weeks, said Julius Baer commodities research analyst Carsten Menke in Zurich. Speeches are due later on Friday by Federal Reserve and European...

  • Aug 25- U.S. stock index futures were higher on Friday as investors await Fed Chair Janet Yellen's speech at the central bankers' symposium in Jackson Hole, Wyoming, for clues regarding the future path of monetary tightening. *Shares of consumer staples will also be in focus after Amazon laid out plans, including price cuts for range of products, as it completes its...