The yen advanced for a fourth day versus the dollar amid waning bets the Federal Reserve is about to slow its bond-buying stimulus that tends to debase the greenback. The Dollar Index rose for the
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Yen Strengthens After BOJ Minutes as Market Questions Fed Exit
The yen advanced for a fourth day versus the dollar amid waning bets the Federal Reserve is about to slow its bond-buying stimulus that tends to debase the greenback. The Dollar Index rose for the
Euro zone inflation off three-year lows, fall in employment deepens
Economic recovery in the euro area is expected to kick in later this year, but risks to the growth are on the downside as governments continue with painful fisca
Stocks leap on easing Fed worries, upbeat data
U.S. stock indexes were already surging as positive economic reports overrode concern about the Japanese market, but rose to session highs in the wake o
Europe Stocks Little Changed as Stoxx 600 Pares Gains
Hochtief AG gained the most in five weeks after the German builder said it will buy back as much as 260 million euros ($347 million) of its ow
U.K. regulator eyes currency market manipulation
Bloomberg News broke the story earlier this week, citing interviews with several anonymous traders who claim the practice has been occurring for at least 10 years.
Gold Bears Return as ETP Rout Extends to 17th Week: Commodities
Consumer Sentiment in U.S. Declined in June From Six-Year High
The Thomson Reuters/University of Michigan preliminary index of consumer sentiment declined to 82.7 in June from 84.5 the prior month that was the highest since July 2007, a report today showed. The median forecast in a Bloomberg survey was unchanged at 84.
Big Short on Aussie Tells Loomis Time to Buy
Fuss, whose Loomis Sayles Bond Fund beat 97 percent of peers in the past year with a 13 percent return, said he bought Australian dollar debt of a U.S. bank to benefit from higher yields and a positive exchange-rate outlook over three years. Tr
Stocks Rise While Yen Declines Before FOMC; Corn Drops
The MSCI All-Country World Index advanced 0.5 percent to 365.01 at 7:05 a.m. in New York. Standard & Poor’s 500 Index futures climbed 0.9 percent. Japan’s currency depreciat
Bank Profits Seen Buffeted by Rates Rising Without Growth
Higher long-term interest rates can discourage mortgage lending and cause losses in the securities portfolios of banks including JPMorgan Chase & Co. (JPM) and Bank of Americ
Apple received thousands of U.S. orders on data
Apple (AAPL, Fortune 500) said it had received between 4,000 and 5,000 requests, covering between 9,000 and 10,000 accounts or devices, from federal, state and local authorities.
Stock futures jump after weekly loss, Fed eyed
* While consensus is building among policy-makers that the time is nearing for the Federal Reserve to scale down its quantitative easing, or $85 billion-a-month asset purchase program, divisions remain over when to start the taperin
Pimco Sees 60% Chance of Global Recession in Five Years
Global growth will slow, keeping inflation in check, and “economic volatility” will increase, Saumil Parikh, a portfolio manager at Newport Beach, California-based Pimco, said in a report being poste
Dollar firms as Fed meeting nears, shares bound higher
Uncertainty over the Fed's future policy course has triggered a sharp sell-off in broad risk assets in recent weeks and investors are hoping for some clarity on its intentions when it concl
Emerging markets in turmoil
Stocks, bonds and currencies have been volatile since early May, when investors started to get increasingly worried about when the Federal Reserve might start to pull back on its bond buying program.


























