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U.S. dollar climbs to multi-year highs after Bernanke
ReutersNEW YORK (Reuters) - The dollar rose to a 4-1/2-year high against the yen and a near three-year peak against a currency basket on Wednesday after Federal Reserve Chairman Ben Bernanke stoked speculation the U.S. central bank could slow its asset buying in...Tags: Buyback, G20, Singapore, Unemployment Rate, European Debt Crisis
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GLOBAL MARKETS-Stocks, oil fall after Bernanke; dollar gains
Reuters* Investors focus on possible tapering of Fed's bond buying * Dollar index up, Treasuries fall * U.S. stocks turn lower, S&P 500 comes off high * Crude oil tumbles after jump in supplies By Ryan Vlastelica NEW YORK, May 22 (Reuters) - Stocks, bonds...Tags: Financial Markets, Money and Monetary Policy, Stock Market, Finance, Nikkei
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PIMCO's Gross says US Fed likely to ease stimulus in Sept -CNBC
ReutersNEW YORK, May 22 (Reuters) - Bill Gross, co-chief investment officer of bond giant PIMCO, said on Wednesday the U.S. Federal Reserve will likely begin tapering its monetary stimulus in September and that bond investors might have already anticipated the...Tags: CNBC (tv network), Buyback, Satellite and Cable Service, Television Industry, Stock Market
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WRAPUP 3-U.S. home sales close in on 3-1/2-year high
Reuters* Existing home sales rise 0.6 percent in April * Sales level highest since November 2009 * Tight inventories remain constraint to faster sales pace * Median home price highest since August 2008 By Lucia Mutikani WASHINGTON, May 22 (Reuters) - U.S....Tags: Stamford, Real Estate Sales, Services and Shopping, Homes, Ben Bernanke
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Home sales close in on three-and-a-half year high
ReutersWASHINGTON (Reuters) - Home resales rose in April to the highest level in nearly 3-1/2 years and prices surged, offering the economy a buffer from the stiff headwinds posed by belt-tightening by Washington. The National Association of Realtors said on...Tags: Stamford, Real Estate Sales, Money and Monetary Policy, Homes, Services and Shopping
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PIMCO's Gross says Fed likely to ease stimulus in September: CNBC
ReutersNEW YORK (Reuters) - Bill Gross, co-chief investment officer of bond giant PIMCO, said on Wednesday the U.S. Federal Reserve will likely begin tapering its monetary stimulus in September and that bond investors might have already anticipated the move. "I...Tags: Buyback, CNBC (tv network), Federal Reserve, Satellite and Cable Service, Television Industry
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WRAPUP 5-Bernanke says more progress needed before stimulus pullback
Reuters* Bernanke touts benefits of Fed bond buying * Says end to purchases will depend on economy * Could trim bond buys at one of the "next few meetings" * If anything, "inflation is too low," Bernanke says By Pedro da Costa and Alister Bull WASHINGTON,...Tags: Mortgages, Financial Markets, Bonds, Finance, European Debt Crisis
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Bernanke says more progress needed before stimulus pullback
ReutersWASHINGTON (Reuters) - The Federal Reserve's monetary stimulus is helping the economy recover but the central bank needs to see further signs of traction before taking its foot off the gas pedal, Fed Chairman Ben Bernanke said on Wednesday. A decision to...Tags: Mortgages, Financial Markets, Money and Monetary Policy, Finance, Central Bank
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Wall St trastabilla en sesión volátil tras comentarios de la Fed
ReutersPor Angela Moon NUEVA YORK, 22 mayo (Reuters) - Las acciones cerraron en baja el miércoles en la bolsa de Nueva York y el índice S&P 500 sufrió su mayor caída en tres semanas, tras minutas de la última reunión de la Reserva Federal que mostraron...Tags: Financial Markets, Stock Market, Ben Bernanke, Nasdaq Composite, Hewlett-Packard Co.
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Declaraciones de Bernanke sobre estímulo impulsan acciones europeas a máximos
ReutersPor Atul Prakash LONDRES, 22 mayo (Reuters) - Las acciones europeas alcanzaron el miércoles un nuevo máximo de cinco años sostenidas por comentarios del presidente de la Reserva Federal, que dijo que el banco central estadounidense mantendrá sus...Tags: ING Group, BNP Paribas
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GLOBAL MARKETS-Bernanke spurs stock volatility, dollar gains
Reuters* Dollar index up after Bernanke comments on stimulus * U.S. stocks turn lower, S&P 500 comes off high * Treasuries fall on comments on possible tapering * Crude oil tumbles after jump in supplies By Ryan Vlastelica NEW YORK, May 22 (Reuters) - Stocks,...Tags: Financial Markets, Money and Monetary Policy, Stock Market, Nikkei, Finance
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US STOCKS SNAPSHOT-Wall St at session lows after Fed minutes
ReutersNEW YORK, May 22 (Reuters) - U.S. stocks fell in choppy trading Wednesday, giving up earlier gains following remarks by Federal Reserve Chairman Ben Bernanke which suggested the central bank was not ready to pull back on its economic stimulus efforts, but...Tags: Federal Reserve, Financial Markets, Stock Market, Ben Bernanke, Nasdaq Composite
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