Fed Comments Push Up Asian Shares

It was a wild ride in gold today with a top to bottom over $100 as show in the following chart. Some Blame Bernanke For "Committing to Nothing"

TOKYO (AP) — Asian shares rose Wednesday as Japan's benchmark surged to its highest level since Sept. 2008 though wariness over corporate earnings pulled European indexes lower in early trading.

Asian stock markets were higher as Greece edged closer to resolving its debt crisis, with the improved sentiment helping push the Australian market to a five-session high. Japan's Nikkei Stock Average rose 1.3%.

Warning that financial markets remain under "severe strain," Federal Reserve Chairman Ben Bernanke pledged today to work closely with other central banks to fix global financial problems and left open the door to a fresh interest rate cut to help brace the sinking U.S.

Federal Reserve Chairman Ben Bernanke pledged Friday to work closely with other central banks to fix global financial problems and left open the door to a fresh interest rate cut.

WASHINGTON (AP) -- Federal Reserve Chairman Ben Bernanke, warning that financial markets remain under "severe strain," pledged Friday to work closely with other central banks to fix global financial problems and left open the door to a fresh interest rate cut to help brace the sinking U.S. economy....