16.04.201416:57:00UTC+00Fx Market Briefs

Yellen: Fed must adjust policy to foster healing in labor market; seeing meaningful progress though goal not achieved
U.S. IP +0.7% (forecast +0.5%), Cap U 79.2%, Highest since June 2008
Yellen says near zero rates hinge on distance U.S. econ remains from jobs, inflation goals
Yellen repeats expectation for considerable time between end of bond-buying and first rate rise
Yellen: Rates likely to be lower for longer due to persistent effects from crisis, slower possible productivity
Bank of Canada holds rates, points to risks of weak inflation
U.S. Housing March starts 946k (forecast 973k), Single-family +6.0%, Multi-family -3.1%
Fed's Fisher: QE3 taper should continue, end in fall
White House: Appropriate for Ukraine govt to take action to restore and order, urges it to do so in measured and responsible way
U.S. economic activity increased in most regions -Fed's Beige Book
Brazil food prices easing, rate hikes to be felt -Tombini
Russia FinMin proposes to tighten budget rule amid capital outflow
Moody's says Russia's weak macro outlook will pressure Russian banks' asset quality and net profits
Brazil's Araujo says impact of recent rate increases still to be felt
France to extend public sector wage curbs to 2017

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