FEDERAL RESERVE

The World Gold Council remains constructive on gold prices despite diminished chances of QE3

Gold Prices Set To Rise: World Gold Council

While chances of a third round of U.S. money-printing quantitative easing measures, or QE3, have dimmed, the World Gold Council, or WGC, remains positive on the yellow metal's outlook due to its international appeal and value in hedging against inflation and deflation.

US Industrial Production Flat In March

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Industrial output was flat for a second straight month in March, held back by a drop in manufacturing, according to a Federal Reserve report on Tuesday that suggested a cooling in factory activity.
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Fed parses job numbers for clues on U.S. economy

Two top Federal Reserve officials pointed on Monday to last month's surprisingly weak jobs report as all the more reason to take a wait-and-see approach to a U.S. economy that, in general, is improving.
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Dudley

Fed: Growth Slows Among New York Manufacturers

The New York Fed reported on Monday slowing growth within the manufacturing sector in March, with overall sentiments remained positive and employment improved despite difficulty finding highly-skilled labor.
New research shows that runaway growth in the financial sector is detrimental to the real economy, as highly skilled workers gravitate toward finance and industries dependent on outside investment suffer. (Reuters)

Investors Pump Money Into Stocks Hoping For A 'Goldilocks' Moment: Daily Markets Wrap

Risky assets rose on moderate volume and moderately bad news Thursday, as investors seemed to be placing a paradoxical bet that a slowdown in economic growth would jolt the U.S. central bank into action -- inflating the prices of stocks, commodities and other assets -- while at the same time assuming the slowdown would not be so harsh as to throw the current recovery completely off track.
Men looking for labor jobs stand along a street in Brooklyn, New York

The March Employment Data Thud

The Fed is also well aware that employment had peaked in each of the past two springs before resuming growth late in the year.
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Wall Street Up On Euro Zone Yields, Earnings Bets

Stocks edged higher in early trading on Thursday as concerns about rising yields in some euro zone countries eased and on bets corporate America will beat a lowered bar of earnings expectations.
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Fed's Dudley: Too Soon To Say US Economy Out Of Danger

The disappointing performance of the U.S. labor market in March shows it is too early to conclude the economy is out of the woods, despite months of encouraging economic data, New York Federal Reserve Bank president William Dudley said on Thursday.
A woman opens a glass door with a "Now Hiring" sign on it as she enters a Staples store in New York

Jobless Claims Jump To 380,000, Higher Than Forecast

Claims for jobless benefits rose to 380,000 last week, giving economists another piece of data to worry about after a gloomy job market showing in March. Meanwhile, a Federal Reserve report published Wednesday painted a picture of a recovery that continues to press ahead, however, modestly, amid concerns of higher fuel prices.
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Stock Futures Rise Ahead Of Job Market Data

Stock index futures edged higher on Thursday ahead of data on the jobs market and producer prices, while a tick down in benchmark bond yields in Italy and Spain signaled easing concern about the euro zone's debt troubles.
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US Stock Futures Edge Up Ahead Of Data

Stock index futures edged higher on Thursday ahead of data on the jobs market and producer prices, while a rise in Italian borrowing costs could cap gains in equities and pressure other risk assets lower.
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Fed's Dudley: Too soon to say economy out of danger

The disappointing performance of the U.S. labor market in March shows it is too early to conclude the economy is out of the woods, despite months of encouraging economic data, New York Federal Reserve Bank president William Dudley said on Thursday.
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US Stock Index Futures Signal Early Gains

Stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500 up 0.55 percent, Dow Jones futures up 0.42 percent and Nasdaq 100 futures up 0.59 percent at 3:34 a.m. EDT (0734 GMT).
trading floor

Stocks Recoup Losses: Daily Markets Wrap

Stocks popped Wednesday on both sides of the Atlantic, one day after their worst loss of the year, on easing euro zone worries and hopes for a better-than-expected earnings season.
US Federal Reserve

Rising Gas Prices Threaten Modest Economic Expansion: Fed

The U.S. economy expanded at a modest to moderate pace from mid-February through late March, but local industries remain concerned about high gas prices in coming months, the U.S. Federal Reserve said Wednesday in its new Beige Book.

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