Janet Yellen, nominated as the next Federal Reserve chief, poses a clear risk to the U.S. dollar outlook as her dovish stance could push out expectations for a scaling back of the Fed's monetary stimulus, analysts say.
In a statement released ahead of Yellen's confirmation hearing before the Senate Banking Committee on Thursday, she conveyed a...
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Oil near $94 as traders eye supply data
Oil rose near $94 a barrel Wednesday, a day after falling to a five-month low.
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Benchmark U.S. crude for December delivery gained 84 cents to close $93.88 on the New York Mercantile Exchange. That followed Tuesday's drop of $2.10 a barrel, which was the sharpest one-day decline since Sept. 10.
Oil is still down $8.53, or...Nikkei jumps to 3-week high on Yellen remarks, Japan GDP tops market
TOKYO, Nov 14 (Reuters) - The Nikkei share average raced to a three-week high on Thursday morning, supported by dovish comments from Federal Reserve Vice Chair Janet Yellen and data showing the Japanese economy notched up its fourth straight quarter of growth.
Yellen, who is expected to take over Fed Chairman Ben Bernanke, said the Fed has...
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Oil logs best single-session gain since early Oct.
SAN FRANCISCO (MarketWatch) -- Oil futuresclosed higher Wednesday after the Energy Information Administration reported a smaller-than-expected weekly climb in U.S. crude supplies. December crude CLZ3 -0.01% rose $1.43, or 1.5%, to settle at $94.80 a barrel on the New York Mercantile Exchange. That was the largest single-session gain since Oct. 2, according to FactSet data, tracking the...
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