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Wall St.extends gains after Bernanke comments
ReutersNEW YORK (Reuters) - Stocks extended gains on Wednesday immediately following prepared testimony from Federal Reserve Chairman Ben Bernanke before a congressional panel. The head of the central bank said monetary stimulus is helping the economy recover,...Tags: Level 3 Communications Incorporated, Social Media, Jamie Dimon, Websense Incorporated, Environmental Issues
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GLOBAL MARKETS-Asian stocks supported by Fed reassurance; BOJ stands pat
Reuters* Some Asian stock markets buoyed by record highs on Wall St * Fed officials play down speculation of ending stimulus anytime soon * BOJ keeps policy unchanged as expected * JGB futures dip after BOJ, Nikkei stays firm By Masayuki Kitano and Vidya...Tags: Stock Market, Money and Monetary Policy, Foreign Exchange Market, France, Central Bank
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Weak luxury goods stocks weigh on European shares
Reuters* FTSEurofirst 300 down 0.3 pct, Euro STOXX 50 down 0.1 pct * Luxury goods sector among worst performers * Market cautious ahead of Bernanke testimony By Sudip Kar-Gupta LONDON, May 22 (Reuters) - European shares edged back on Wednesday from multi-...Tags: Credit Ratings, Ben Bernanke, Money and Monetary Policy, Central Bank, Luxury Goods Industry
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Weak luxury goods stocks push European shares off peaks
Reuters* FTSEurofirst 300 down 0.6 pct, Euro STOXX 50 falls 0.5 pct * Some traders sell positions ahead of Bernanke speech * Traders expect any pullback to be relatively minor * Burberry fall knocks back luxury goods sector By Sudip Kar-Gupta LONDON, May 22...Tags: Credit Ratings, Ben Bernanke, Derivative Securities, Germany, Stock Market
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Dollar steadies before Bernanke, Wall St. seen higher
ReutersLONDON (Reuters) - The dollar hovered near a three-year high and German debt yields eased on Wednesday as expectations hardened that the head of the U.S. central bank later in the day would not signal any change to its ultra-loose policy. U.S. stock...Tags: National Australia Bank Limited, BB&T Corp., Moody's Corporation, Netflix Inc., Exports
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European stock index futures signal mixed open
ReutersPARIS, May 22 (Reuters) - European stock index futures pointed to a mixed open on Wednesday, with the market's month-long rally taking a breather ahead of U.S. Federal Reserve Chairman Ben Bernanke's testimony before Congress. At 0603 GMT, futures for...Tags: Ben Bernanke, Germany, Stock Market, Federal Reserve, France
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GLOBAL MARKETS-Dollar firms before Bernanke, inflation dip hits sterling
Reuters* Dollar index firmer, but down from near 3-year high * Yen dips after minister says seeks 'balance' for currency * European shares fall on fears Fed may scale back stimulus By Marc Jones LONDON, May 21 (Reuters) - The dollar firmed, gold fell and shares...Tags: ING Group, Foreign Exchange Market, Financial Markets, Central Bank, Economy, Business and Finance
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European stock index futures signal lower open
ReutersLONDON, May 21 (Reuters) - European stock futures pointed to a weaker open on Tuesday, with concerns the U.S. Federal Reserve might begin slowing its bond purchases later in the year prompting investors to take profits from a rally to five-year highs. At...Tags: Germany, Federal Reserve, France
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GLOBAL MARKETS-Dollar firms as suspense builds, Asia shares dip
Reuters* Dollar index firmer, but down from near 3-year high * MSCI Asia Pacific ex-Japan slips 0.2 percent * Nikkei up slightly, hits 5-1/2-year high By Masayuki Kitano and Vidya Ranganathan SINGAPORE, May 21 (Reuters) - The U.S. dollar inched up against...Tags: Nikkei, Asia, Ben Bernanke, Germany, Robin Williams
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REFILE-GLOBAL MARKETS-Dollar firms as suspense builds, Asia shares dip
Reuters* Dollar index firmer, but down from near 3-year high * MSCI Asia Pacific ex-Japan slips 0.2 percent * Nikkei up slightly, hits 5-1/2-year high By Masayuki Kitano and Vidya Ranganathan SINGAPORE, May 21 (Reuters) - The U.S. dollar inched up against...Tags: Ben Bernanke, Asia, Nikkei, Robin Williams, Germany
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European shares fall from multi-year highs, Sonova slumps
Reuters* FTSEurofirst 300 down 0.1 pct, Euro STOXX falls 0.2 pct * Concerns over end to QE halts equity market rally * Traders remain bullish on long-term By Sudip Kar-Gupta LONDON, May 21 (Reuters) - European shares fell from multi-year highs on Tuesday,...Tags: Credit Ratings, Ben Bernanke, Computing and Information Technology Industry, Easton (Easton, Pennsylvania), Germany
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GLOBAL MARKETS-Dollar firms as Fed suspense builds, shares off highs
Reuters* Dollar index firmer, but down from near 3-year high * European shares lower after recent highs * Gold, silver steady By Marc Jones LONDON, May 21 (Reuters) - The dollar edged up, gold steadied and European shares held near five-year highs on Tuesday as...Tags: Ben Bernanke, Bonds, Nikkei, Renewable Energy, Environmental Issues
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