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Dollar eases, oil gains ahead of Fed minutes
Jul 11th, 2012
NEW YORK (Reuters) - The dollar eased, helping to push oil prices higher on Wednesday, in a lackluster session that was mostly on hold ahead of the release of minutes from a Federal Reserve meeting of policy-makers in June. Stocks on Wall Street were near break-even, trading in a subdued pattern after U.S. markets posted some of the lowest daily trading volumes of the year in the past week. Equity markets in Europe declined as concerns over the region's sluggish response to the euro zone debt crisis sent 10-year German bond yields to fresh lows. The Dow Jones industrial average was down 9. ... (Source: Reuters) -
By Ryan Vlastelica NEW YORK (Reuters) - Stocks, bonds and currencies took a wild ride on Wednesday after Federal Reserve Chairman Ben Bernanke said the U.S. central bank's massive bond-buying program would remain in place for now, even as the bank considers cutting back stimulus in coming months. Wall Street stocks jumped as much as 1 percent,... [Full Article]
VATICAN CITY (AP) - The Vatican took another step Wednesday to show greater financial transparency by publishing the first annual report from its financial watchdog agency and announcing new regulations to fight money laundering and terror financing. (Source: Associated Press)... [Full Article]
BRUSSELS (AP) - The European Union's leaders have agreed to push through a major policy to tackle tax evasion by the end of the year. (Source: Associated Press)... [Full Article]
By Caroline Valetkevitch NEW YORK (Reuters) - The U.S. stock market's break in its recent rally this week left investors wondering if they're seeing a turning point or just a blip in the upward path. Next week could make it harder to figure out, considering that the long Memorial Day weekend typically signals the start of the summer. The ... [Full Article]
NEW YORK (AP) - Helping to free three women from nearly a decade in captivity would seem to be enough. Hero neighbor Charles Ramsey has also become a star, offering moments of levity in an unspeakably horrible story, free publicity for a restaurant chain and unexpected lessons in race relations. (Source: Associated Press)... [Full Article]
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