Gold holds near $1,185/oz ahead of US payrolls data

Last Updated: Friday, May 8, 2015, 18:34

Spot gold was up 0.2% at $1,186.46 an ounce at 0952 GMT, while U.S. gold futures for June delivery were up $3.70 an ounce at $1,185.90.

Dollar up in Asian trade

Last Updated: Tuesday, May 5, 2015, 10:23

The euro bought $1.1141 in late-morning Singapore trade from $1.1146 in New York late Monday, while the dollar climbed to 120.15 yen from 120.14 yen.

Fed's Lockhart says 'murky' data complicates rate hike decision

Last Updated: Friday, April 17, 2015, 03:33

Atlanta Federal Reserve Bank president Dennis Lockhart said on Thursday the recent "murky" run of U.S. data has him leaning against a June interest rate hike, but added he is confident the economy will remain on track.

Fed split on timing of interest-rate hike: Minutes

Last Updated: Thursday, April 9, 2015, 09:13

The Federal Reserve was split at its last policy meeting on when to raise ultra-low US interest rates, with timing ranging from June to 2016, according to minutes released Wednesday.

Fed officials say June rate hike still in play, hinges on data

Last Updated: Thursday, April 9, 2015, 09:09

The Federal Reserve could still hike interest rates in June despite weak recent US data and investor skepticism, two influential officials with the central bank said on Wednesday, putting the spotlight squarely on the economy`s performance in the next two months.

Fed rate hike may be warranted later this year: Yellen

Last Updated: Saturday, March 28, 2015, 09:10

The US Federal Reserve is giving "serious consideration" to beginning to reduce its accommodative monetary policy and a rate hike may be warranted later this year, although a downturn in core inflation or wage growth could force it to hold off, the central bank`s chief said on Friday.

Asia tentative, awaits word on Fed rate outlook

Last Updated: Tuesday, February 24, 2015, 08:55

Caution gripped Asian markets on Tuesday as investors fretted over what Federal Reserve Chair Janet Yellen might say later in the day on the likely lift-off date for U.S. policy tightening.

Fed President John Williams says wouldn't rule out June rate hike

Last Updated: Tuesday, February 24, 2015, 08:52

San Francisco Federal Reserve Bank President John Williams said the US central bank needs to keep its options open regarding the possibility of raising interest rates in June, Japanese financial news daily Nikkei reported on Monday.

Shifting goal posts on employment may signal slower Fed rate hikes

Last Updated: Wednesday, February 11, 2015, 11:58

Federal Reserve officials are debating a historic shift in one of its core economic gauges that could lead the central bank to move even slower than now thought once it lifts its rates from rock bottom levels.

Fed opens policy meeting with rate hike looming

Last Updated: Wednesday, January 28, 2015, 00:10

The Federal Reserve opened its first monetary policy meeting of the year Tuesday to take the pulse of the US economy and mull the first interest rate hike since 2006.

Most Wall St firms project June 2015 US Fed rate hike: Poll

Last Updated: Saturday, January 10, 2015, 10:31

Thirteen of 20 primary dealers, the banks that deal directly with the Fed, said in a Reuters poll on Friday they expect the first rate hike by June. All but three expect at least two rate hikes in 2015.

Asian markets cheered by Fed rate outlook

Last Updated: Thursday, January 26, 2012, 10:57

Asian shares and the euro firmed on Thursday after the US Federal Reserve said it would keep interest rates low for a longer-than-expected period, providing ample liquidity to help spur growth.