10 Updates

GLOBAL MARKETS-Stocks, euro climb after Fed; long bonds slump

Source: CNBC, Dec 12 2012, 4:48pm CST

NEW YORK, Dec 12 (Reuters) - Global shares rose and the euro jumped against the dollar on Wednesday after the Federal Reserve ramped up its monetary stimulus and said it would keep benchmark U.S. interest rates near zero until the jobless rate falls ...

Continue reading on: CNBC

 
 
Update
10

7 minutes ago

Bernanke Testimony and FOMC Minutes Provide a Roller Coaster Day

Source: Minyanville  |   May 22 2013, 4:46pm CDT

Today was very intense due to the overnight policy decision from the Bank of Japan, Bernanke's testimony to the Congressional Joint Economic Committee, and the minutes from the May FOMC meeting. Existing home sales for April ro ...

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Update
9

12 minutes ago

Gold falls, other precious metals rise

Source: The Courier Mail  |   May 22 2013, 4:41pm CDT

GOLD futures have extended their losses in electronic trading after minutes from the Federal Reserve's May policy-setting meeting showed board members considered an early end to the central bank's bond-buying program. A number of Fed official ...

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Update
8

22 weeks ago


Quote:
"They are basically taking out the same amount of duration that they were in Twist, but they are buying less in the long end than they had been before"


Source: CNBC

 

Latest Politics News

 
Update
7

12 minutes ago

Commodities markets summary

Source: The Courier Mail  |   May 22 2013, 4:41pm CDT

A SUMMARY of trading in key commodities markets overseas: ENERGY Oil prices sank following a bearish US oil inventory report and amid speculation that the Federal Reserve quantitative easing program could be curtailed sooner rather than later. The ...

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Update
6

20 minutes ago

Summary Box: Stocks Close Lower on Fed Fears

Source: ABC News  |   May 22 2013, 4:33pm CDT

MIXED MESSAGES: Stocks surged in the early going after Fed chairman Ben Bernanke told Congress the central bank was unlikely to pull back from its stimulus programs soon. Then minutes from a Fed meeting were released that suggested other policymakers thi ...

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Update
5

24 minutes ago

FOREX-U.S. dollar climbs to multi-year highs after Bernanke

Source: CNBC  |   May 22 2013, 4:29pm CDT

* Bernanke says could scale back bond buys at one of its next few meetings * Swiss franc falls, SNB's Jordan did not rule out negative interest rates * BOJ upgrades economic assessment, stands pat as expected NEW YO ...

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Update
4

28 minutes ago

Today's 3 Best Stocks

Source: WalletPop  |   May 22 2013, 4:25pm CDT

Investors can only huff and puff so much before the weight of economic data can no longer support an insanely powerful rally in the broad-based S ...

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Update
3

28 minutes ago

More progress needed before US stimulus pullback - Bernanke

Source: TVNZ  |   May 22 2013, 4:25pm CDT

Chairman of the Federal Reserve Bank, Ben Bernanke, attends the Treasury Department's Financial Stability Oversight Council in Washington. - Source: Reuters The US Federal Reserve's monetary stimulus is helping the country's economy recover but the ce ...

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Update
2

29 minutes ago

While you were sleeping: Fed opens taper door

Source: Scoop - New Zealand News  |   May 22 2013, 4:24pm CDT

While you were sleeping: Fed opens taper door May 23 (BusinessDesk) – US stocks and bonds fell, both giving up earlier gains, after Federal Reserve chief Ben Bernanke suggested the central bank might scale back stimulus measures as early as ...

Continue reading on: Scoop - New Zealand News  More like this

 
Update
1

29 minutes ago

NZ dollar declines after Bernanke says Fed may taper QE

Source: Scoop - New Zealand News  |   May 22 2013, 4:24pm CDT

NZ dollar declines after Bernanke says Fed may taper QE on signs of sustained improvement By Tina Morrison May 23 (BusinessDesk) - The New Zealand dollar fell after US Federal Reserve Chairman Ben Bernank ...

Continue reading on: Scoop - New Zealand News  More like this

 
 
 
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