NEW YORK (REUTERS) - The Federal Reserve is not about to back off its highly accommodative policy, though investor predictions of a rate rise by midway through next year are reasonable, an influential US central banker said on Friday.
LONDON (AFP) - Europe's main stock markets perked up Friday on strong US jobs data but the optimism proved short-lived as Russian energy giant Gazprom's threat to cut off gas to Ukraine quickly sent the indices back down.
NEW YORK (REUTERS) - The US economy's "reasonably favorable" prospects are not yet good enough for the Federal Reserve to stop providing highly accommodative monetary policy, an influential US central banker said on Friday.
CHICAGO (REUTERS) - The US Securities and Exchange Commission has launched an inquiry into whether high-speed trader Infinium Capital Management violated federal securities laws, according to a SEC letter obtained by Reuters.
OTTAWA (AFP) - Canada's trade swung into virtual balance in January with a deficit of only Can$177 million (S$204 million), compared to a Can$922 million deficit the previous month, the government said Friday.