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GLOBAL MARKETS-US dollar soars, stocks set new highs on Fed QE exit talk
Reuters* Fed's Williams says stimulus reduction could start this summer * U.S. consumer sentiment rises to nearly six-year high * U.S. dollar index hits nearly three-year high * Dow, S&P 500 surge to record closing highs By Herbert Lash NEW YORK, May 17...Tags: Stock Activities, Dow Jones Industrial Average, Nasdaq Composite, NASDAQ, Central Bank
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Dólar supera los 103 yenes, máximos de 4 años y medio por sólidos datos EEUU
ReutersNUEVA YORK, 17 mayo (Reuters) - El dólar subió en general el viernes, superando el nivel de los 103 yenes mientras volvía a anotar máximos de cuatro años y medio ante la moneda japonesa, luego de que unos datos que mostraron una robusta recuperación... -
COLUMN - Austerity is a moral issue
Reuters(Nicholas Wapshott is a Reuters columnist but his opinions are his own.) By Nicholas Wapshott May 17 (Reuters) - In the nearly five years since the worst financial crash since the Great Depression, the remedy for the world's economic doldrums has...Tags: Anglicanism, PBS (tv network), Canterbury, Unemployment, HIV
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COMMODITIES-Up broadly on strong US economic data; gold slumps
Reuters* Oil, copper up on strong US consumer sentiment, stock market * Corn up too on less sales by farmers focused on planting * Gold at 1-month low as Fed pressured to end US stimulus By Barani Krishnan NEW YORK, May 17 (Reuters) - Oil and copper prices...Tags: Gold and Precious Material, Thomson Corporation, S&P 500, China, Casino and Gambling Industry
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GLOBAL MARKETS-Dollar soars, stocks gain amid talk of Fed QE exit
Reuters* Fed's Williams says stimulus reduction could start this summer * U.S. consumer sentiment rises to nearly six-year high * U.S. dollar index hits nearly three-year high * U.S. Treasuries prices fall further after sentiment data By Herbert Lash NEW YORK,...Tags: European Central Bank, Stock Activities, Federal Reserve, Nasdaq Composite, Financial Markets
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Yuan ends up vs dollar, PBOC signals further appreciation
Reuters* PBOC guides yuan higher with strong midpoint fixing * Traders raise yuan appreciation target to 6.0/dollar * SAFE data shows continued oversupply of dollars * Yuan REER up for 7th straight month in April - BIS data By Lu Jianxin and Pete Sweeney...Tags: China, Money and Monetary Policy, Car Safety Tips and Advice, Weather, Currency Values
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Raleigh Street Piano Project brings music to the masses
The News & ObserverA good idea is always worth borrowing, so when Artsplosure program director Terri Dollar saw street pianos in other cities, she knew she wanted the project here. "I thought it was the coolest thing," Dollar says. "And part of the mission of...Tags: Dwayne Johnson, Arts, Music Theater, Music, Duke Energy Corporation
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GLOBAL MARKETS-Shares bounce off lows after talk of Fed QE exit
Reuters* Fed officials urge bank to begin stimulus withdrawal * Dollar rises to near 10-month highs * Bund future surges on talk ECB edging towards negative rates * European shares recover as investors buy the dips * Copper up for 2nd day after China data By...Tags: European Central Bank, China, Federal Reserve, Money and Monetary Policy, Central Bank
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ECB to keep monetary policy loose for as long as needed
ReutersORLEANS, France (Reuters) - The European Central Bank will keep its loose and growth-supportive monetary policy stance in place for "quite a long time", ECB executive board members said on Friday. With the euro zone economy stuck in recession, the ECB...Tags: European Central Bank, Mario Draghi, Economic Policy, Finance, Money and Monetary Policy
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Brussels, Berlin lukewarm on Hollande's euro zone vision
Reuters* French president calls for euro zone "economic government" * Wants stand-alone euro zone budget, ability to issue debt * EU officials and Berlin see little new, but open to ideas By Luke Baker BRUSSELS, May 17 (Reuters) - European officials gave a...Tags: Politics, International Organizations, Francois Hollande, Physical Fitness and Exercise, France
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Every cent helps: euro zone explores scrapping smallest coins
ReutersBRUSSELS (Reuters) - Saving pocket change may not end the euro zone crisis, but the European Commission hopes that scrapping the smallest coins could help penny-pinching governments cut costs. The European Commission outlined proposals this week for...Tags: Prices, Consumers, ING Group, Market and Exchange, European Parliament
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CANADA FX DEBT-C$ eases to 2-month low on weak CPI data
Reuters* C$ at C$1.0311 vs US$, or 96.98 U.S. cents * US$ strengthens near 10-mth high on Fed QE debate * Bond prices rise across curve By Solarina Ho TORONTO, May 17 (Reuters) - The Canadian dollar weakened to its softest level against its U.S. counterpart...Tags: Federal Reserve, Government Debt, Money and Monetary Policy, Market and Exchange, Central Bank
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