NEW YORK, Nov 1 - Global stock indexes were higher and the U.S. dollar was nearly flat on Wednesday ahead of the afternoon's Federal Reserve's policy decision, while Treasury yields slipped on Treasury Department plans to"gradually" boost the size of its debt auctions to meet financing needs.
Data showed a smaller-than-expected increase in U.S. private payrolls, which took some steam out of a still-tight labor market. The Japanese yen recovered somewhat on Wednesday after falling sharply the day before, when the Bank of Japan tweaked its bond yield control policy, loosening its grip on long-term rates and pushing the currency to a one-year low against the dollar.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Premarket: World stocks edge higher before Fed, yen intervention alarms flareThe U.S. Federal Reserve is widely expected to hold interest rates unchanged in its policy decision, due later in the day
Source: globeandmail - 🏆 5. / 92 Read more »
Asian stocks stutter ahead of Fed, frail yen in focusAsian stocks inched lower on Wednesday ahead of a keenly-awaited policy decision from the Federal Reserve later in the day, while the yen was stuck near one-...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Canadian stock futures slip ahead of Fed meeting, materials stocks expected to dragFutures for Canada's main stock index slipped on Wednesday as investors grew cautious ahead of the U.S. Federal Reserve's monetary policy meeting later in the day, while a drop in metal prices is expected to drag materials stocks.
Source: SaltWire Network - 🏆 45. / 63 Read more »
Dollar falls vs yen, stocks advance; focus on rates outlook, earningsKitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »