10 Updates

Bernanke: Economy Expanding at Moderate Pace

Source: CNBC, Dec 12 2012, 4:50pm CST

Highlight transcript below to create clip This term does not appear Click text to jump within video Fed Chairman Ben Bernanke addresses the nations's unemployment rate and the FOMC's decision to keep interest rate ...

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Update
10

35 minutes ago

Bernanke speech; LT, Zee earnings to decide mkt momentum

Source: Moneycontrol.com  |   May 21 2013, 10:38pm CDT

It is an important day for the markets globally and locally. Today evening Ben Bernanke will speak on what he thinks of quantitative easing (QE)3, will it continue or will it be wound down. This is one key global event to watch out for. Apart from t ...

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Update
9

44 minutes ago

TREASURIES-Bonds supported after dovish Fed comments

Source: Reuters Mobile  |   May 21 2013, 10:29pm CDT

TOKYO May 22 (Reuters) - U.S. Treasuries were firm in Asia on Wednesday after gains in the previous session as two voting members of the U.S. Federal Reserve struck a dovish tone on the economy, reducing expectations that ...

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Latest Business News

 
Update
8

50 minutes ago

Asia stocks rise as Fed official backs easy policy

Source: Yahoo News: Business  |   May 21 2013, 10:23pm CDT

BANGKOK (AP) — Asian stock markets were mostly higher Wednesday after investor confidence was boosted by a Federal Reserve official's comments that the U.S. central bank should stick with its super-easy monetary policy . Re ...

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Update
7

52 minutes ago

Bernanke expected to deliver dovish message

Source: Moneycontrol.com  |   May 21 2013, 10:21pm CDT

Federal Reserve Chairman Ben Bernanke is expected to maintain his dovish tone when he speaks to Congress Wednesday, and he is likely to dispel any notion that the Fed is ready to cut back on its easing policy. The markets have been sp ...

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Update
6

1 hour ago

GLOBAL MARKETS-Asian stocks cheered by Fed reassurance, yen awaits BOJ

Source: Reuters Mobile  |   May 21 2013, 10:06pm CDT

* Asian stocks open up, buoyed by record highs on Wall St * Fed officials play down speculation of ending stimulus anytime soon SYDNEY, May 22 (Reuters) - Asian stocks rose on Wednesday following a positive lead from Wall Street with ...

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Update
5

2 hours ago

Dollar Steady Through Fed Chatter, Bernanke and FOMC Minutes Due

Source: DailyFX  |   May 21 2013, 9:10pm CDT

Japanese Yen Rebound Stalls as Amari Muddles Yen Unease, BoJ on Tap Euro Firms as German Growth Outlook Improves, IMF Recommends Stimulus British Pound Tumbles after CPI Data Cools, Will BoE Minutes Signal Stimulus? Australian D ...

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Update
4

2 hours ago

Dollar Sinks as Fed Officials Hint at Status Quo

Source: CNBC  |   May 21 2013, 8:20pm CDT

The dollar edged down against the yen in early Asian trade on Wednesday, moving away from last week's 4-1/2-year high against the Japanese currency, after comments from two U.S. Federal Reserve regional presidents suggested the central bank will ...

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Update
3

3 hours ago

Oil prices decline as dollar advances

Source: SINA English  |   May 21 2013, 8:10pm CDT

NEW YORK, May 21 (Xinhua) -- Oil prices fell on Tuesday as the U.S. dollar went up against major currencies. With a lack of major economic data, investors are eyeing a bunch of Federal Reserve officials' comments th ...

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Update
2

3 hours ago

Gold falls ahead of Bernanke's congressional testimony

Source: SINA English  |   May 21 2013, 8:10pm CDT

CHICAGO, May 21 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange fell on Tuesday as investors remained prudent ahead of Federal Reserve Chairman Ben Bernanke's congressional testimony on the U.S. economic outlook sched ...

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Update
1

3 hours ago

Jobless Clark County residents' aid is cut

Source: The Columbian  |   May 21 2013, 7:59pm CDT

An estimated 2,500 Clark County residents received a 21 percent reduction to their federal unemployment benefits over the weekend, demonstrating one more way across-the-board federal spending cuts could slow Clark County's economi ...

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