Stock market drops ahead of Fed Chair Yellen’s looming speech

Stock market drops ahead of Fed Chair Yellen’s looming speech

Gold held steady on Tuesday supported by an easing dollar, with investors looking to a speech later in the day by Federal Reserve Chair Janet Yellen for clues on the outlook for U.S. monetary policy.

Stocks fell after President Donald Trump renewed his attacks on China, Stocks fall after Trump attack on China dampens hope of a trade deal, Fed meeting looms. 23.33 points lower, or 0.1% at 27,198.02 after dropping as much as 151.49 points.. Market expectations point to a quarter-point rate cut.

It is the last time Janet Yellen will serve as chair of the central bank before being replaced by Fed Governor Jerome Powell.

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U.S. stocks ended slightly lower Thursday, with investors reluctant to make big bets the day before a much-anticipated speech by Federal reserve chairwoman janet Yellen that will be picked apart for clues to the central bank’s next rate move. The Dow Jones Industrial Average DJIA, +0.43% slid 33.07 points, or 0.2%, to close at 18,448.41.

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Stock markets were chalking up record gains last week despite the prospect of the looming. market for a good while," said Peter Buchanan of CIBC World Markets Inc. The 5.5-per-cent decline in the.

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The U.S. Treasuries remained mixed Tuesday as investors are now waiting to watch the Federal Reserve Chair Janet Yellen deliver a speech scheduled for today by 23:00GMT. The yield on the benchmark.

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Stocks Fall After Yellen’s Remarks. We would fully expect the Fed chair to say the timing seems more appropriate sooner than later" given current market conditions, said Ryan Larson, head.

The U.S. Treasuries traded flat Monday as investors wait to watch the Federal Reserve Chair Janet Yellen’s speech scheduled to be held later in the day. The yield on the benchmark 10-year.

Federal Reserve Chair Jannet Yellen (February 2014 – February 2018) is to speak. As head of the Fed, which controls short term interest rates, she has more influence over the U.S. dollar’s value.

In Hong Kong, blue chips closed slightly lower on Wednesday in thin trade as many investors sat out the session hoping that U.S. Federal Reserve chairman Alan Greenspan’s upcoming speech would. to.

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SINGAPORE/TOKYO (Reuters) – Asian stocks were largely steady on Friday, with modest losses in some markets and gains in others reflecting nervousness before a keenly anticipated speech by U.S. Federal.

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