Europe close: Record finish for stocks as Fed hikes rates
The dollar was hovering at five-week lows against other major currencies on Friday, as the dovish tone of the Federal Reserve's latest policy statement continued to weigh and as investors eyed the release of USA data due later in the day.
The pan-European STOXX 600 index .STOXX rose 0.7 percent and touched its highest level since December 2015, helped by the Fed's dovish tone and the Dutch election results.
The Fed is widely expected to increase interest rates (http://www.marketwatch.com/story/fed-may-not-pull-any-punches-in-policy-statement-2017-03-13) late Wednesday.
Some traders had begin to suspect it would raise rates four times this year as the economy builds up steam.
Prospects for higher rates have generally been dollar-positive and gold-negative as a richer buck makes gold less attractive to investors using another currency.
The pound remained broadly supported after the Bank of England held interest rates at record lows on Thursday, but the meeting minutes showed the monetary policy committee was split on the decision. Its strongest since March 1, 0.2 percent higher on the day.
Ocado PLC shares (OCDO.LN) climbed 5% after the online grocery retailer said sales rose 13.1% in the 13 weeks through February 26 (http://www.marketwatch.com/story/ocado-sales-up-in-1st-quarter-sees-prices-rising-2017-03-14), although the company flagged signs of rising prices. "They haven't had balance sheet strength, in fact they haven't managed to have loan loss provisions that USA banks did early on in the cycle", Jonathan Bell, Chief Investment Officer at Stanhope Capital, told CNBC Wednesday.
Oil prices rose after six sessions of declines.
Hyundai recalls almost a million cars
The National Highway Traffic Safety Administration reports that the seatbelts in those vehicles might detach during collisions. If the seat belt linkage detaches from the anchor pretensioner in a collision, the risk of injury to the occupant is increased.
Commodities The oil market is striving to break a six day losing streak that saw Brent crude prices slump 9.1 per cent amid concerns that Saudi Arabia was not adhering to an Opec production cut deal and that increasing output by U.S. drillers was adding to a glut.
MSCI's all-country world stock index gained 0.7 percent. Platinum was up 0.8 percent at $939.60 while palladium added 0.2 percent to reach $745.50.
The euro rose to $1.0740 while the dollar fell to 0.9980 franc against the Swiss currency. "The really interesting thing will be how hawkish the Fed sounds when they give the forecast of rate rises for the year", he said.
Prices on benchmark 10-year Treasuries fell 8/32 to yield 2.531 percent, up from 2.504 percent late on Wednesday.
Global benchmark Brent added nearly 0.1 per cent to $51.77 a barrel, and was headed for a 0.8 per cent weekly gain.
Spot gold was up 0.2 percent at $1,229.40 an ounce by 2:53 p.m. EDT (1853 GMT), taking this week's gain so far to 2.1 percent.
The dollar index fell to a one-month low and was last at 100.560, down 1.1 percent.
The Prime Minister has repeatedly said she would rather walk away without a settlement than agree to a "bad deal". In 2014, voters in Scotland rejected a similar independence referendum by a margin of 55 percent to 45 percent.
The Netherlands has its own election this week, where politicians have also railed against the European Union and immigrants. The British government, meanwhile, has been cleared by parliament to formally begin the process of exiting the EU.
Halt: Orisa launches a graviton charge which she can detonate, slowing nearby enemies and pulling them towards the explosion. Described in a new "behind the scenes" video as an Anchor Tank, her role will be a defensive one.
But it's distractingly incongruous in Iron Fist , which follows a subdued, realistic aesthetic with very few comic book elements. The Iron Fist is a living weapon, just as in the comics; but crucially, he's a weapon forged to be used against the Hand.
But this week, they beat the Netherlands, South Korea and Chinese Taipei, all of which are ranked significantly higher. World Baseball Classic rules state that players who are eligible for citizenship of a country may play on its team.
Authorities said the four of those hurt had to be hospitalized, mostly for head injuries, but all were expected to recover. Morelle said the explosion was "a reminder of how unsafe [and] unpredictable volcanoes can be".
The NERC, however, said it would have the final say, and that the most popular name would not necessarily be the one chosen. Boaty McBoatface can navigate waters for multiple months and its first mission will last through April.
The United States will release its Labour Market Conditions Index for February tonight, after having announced steady jobs growth last Friday.
Charges Announced in Massive Cyber Intrusion Case
Prosecutors said they received no response to their requests to the Russian government to turn over Belan to USA authorities. Belan had been indicted in 2012 and 2013 for hacking e-commerce data and was arrested in Europe in June 2013.
Paddy's day at Cheltenham
Sizing John's win is rich reward for the Potts, who have poured money in to jumps racing with fervour for the past 12 years. Harrington's only caveat in giving post-Gold Cup interviews was to be free to watch her runner in the final race.
Vikings eye Murray to replace Peterson in backfield
Peterson has been an unrestricted free agent since March 9 when Minnesota declined to exercise the 2017 option on his contract. One-dimensional for this day and age, Peterson is coming off a season lost to injury and likely seeking too much money.
Month-old dies after sittter can't reach 911
Since November, the city of Dallas has reportedly been having problems with "ghost calls" overwhelming the 911 call center. The city said that there is no evidence so far that the delays in emergency response played any role in his death.
Latest Injustice™ 2 Trailer Showcases Firestorm
No prices for them have been revealed yet, Source Crystals will be available on the PlayStation Store and Xbox Live Marketplace. While Source Crystals aren't created to impact progression in the game, they do allow for a bit of a shortcut.
Fast food worker aides unconscious police officer
Soon after, the woman lost consciousness, her foot slipped from the brake, and her SUV began to roll down the drive-thru lane. Viloria is being hailed as a hero by his boss, Alex Menendez, who owns the McDonald's franchise where the incident occurred.
Northeast Readies For Blizzard 4700 Flights Cancelled
But the worst weather-related problems were expected at airports serving New York, Philadelphia, Washington, Boston and Baltimore. Major U.S. airlines have cancelled thousands of flights across the Northeast in preparation for snow and whiteout conditions.
New list of 'Dirty Dozen' produce released
Each crop is scored and ranked based on six criteria, including the amount and variety of pesticides found. In a change from past year , potatoes and pears made the "Dirty Dozen" .
Trump's 'Winter White House' to Host Xi Jinping in April
The then-U.S. president-elect also publicly toyed with the idea that Washington was not bound by the " One China " policy. The planned meeting comes after a long campaign in which Trump promised the American people he'd be tough on China.
Rubbish landslide in Ethiopian capital leaves 35 dead
It plans to burn rubbish generated by the capital's estimated four million people and convert it into electricity. The landfill has been used for more than 50 years, with other, smaller landslides reported in recent years.