Asian markets mostly higher at end of strong week
Asian markets mostly rose Friday, with the dollar again breaking 120 yen while the euro held onto gains after the European Central Bank shied away from fresh stimulus measures.
Dec 05, 2014, 17:37 PM IST
Asian markets mostly higher at end of strong week
Asian markets mostly rose Friday, ending the week on a high note, as the dollar broke pushed above the 120 yen mark and the euro held on to gains after the European Central Bank held off fresh stimulus measures.
Dec 05, 2014, 14:12 PM IST
ECB holds key rate steady at 0.05%
The European Central Bank held its key interest rates unchanged at its regular monthly policy meeting on Thursday.
Dec 04, 2014, 18:35 PM IST
Gold price today: Latest updates
Gold prices fell by Rs 62 to Rs 26,714 per 10 grams in futures market Thursday as speculators offloaded their positions amid a weak global trend.
Dec 04, 2014, 12:08 PM IST
ECB set to talk up stimulus measures but hold fire
The European Central Bank, at its final meeting of the year on Thursday, will prime the markets for new anti-deflation measures, but will wait until early next year to act, analysts said.
Dec 04, 2014, 10:10 AM IST
Gold price eases on dollar strength ahead of ECB, US jobs data
Gold climbed to a one-month high of $1,220.99 an ounce on Monday, after having slumped to $1,142.91 in the same session.
Dec 04, 2014, 10:06 AM IST
Nikkei hits near 7-1/2-year high
Japanese stocks jumped to a near 7-1/2-year high on Thursday as a weak yen drove exporter shares, while the mood was also supported by data showing U.S. economic resilience and expectations of more stimulus from the European Central Bank.
Dec 04, 2014, 09:49 AM IST
Dow, S&P 500 at records after upbeat Fed report
The Dow and S&P 500 bolted to fresh record highs Wednesday after a Federal Reserve report showed the US economy was growing amid widespread optimism about the outlook.
Dec 04, 2014, 09:00 AM IST
Euro slumps to 2-year low ahead of ECB meeting
The euro sank to a two-year low point on Wednesday as investors prepared for the ECB to tip its hand on measures to stimulate a stagnating eurozone economy.
Dec 03, 2014, 23:52 PM IST
Slowing inflation paves way for more ECB action: Analysts
Slowing eurozone inflation is likely to make the European Central Bank increasingly nervous and pave the way for further monetary easing, analysts say.
Nov 30, 2014, 18:37 PM IST
Weak growth potential threat to financial stability: ECB
Tensions within the eurozone`s financial system have subsided in recent months, but weak growth could pose a potential risk to stability further down the line, the European Central Bank cautioned on Thursday.
Nov 27, 2014, 19:13 PM IST
ECB's Draghi calls for wage cuts to help the euro
European Central Bank chief Mario Draghi on Thursday called for an "adjustment of wages" in the eurozone to strengthen the viability of the single currency.
Nov 27, 2014, 19:05 PM IST
ECB says may look at sovereign bond purchases in Q1 2015
The European Central Bank will be able to gauge early next year whether it needs to start buying sovereign bonds to stimulate the eurozone economy, its deputy president said Wednesday.
Nov 26, 2014, 19:40 PM IST
OECD sees gradual world recovery, urges ECB to do more
The global economy will gradually improve over the next two years but Japan will grow less than previously expected while the euro zone struggles with stagnation and an increased deflation risk, the OECD said on Tuesday.
Nov 25, 2014, 18:28 PM IST
BOJ's Kuroda resolute in fight against deflation, says ready to ease more
Bank of Japan Governor Haruhiko Kuroda on Tuesday stressed the bank`s readiness to expand stimulus further to meet its price goal, a message that was partially echoed by an European Central Bank policymaker as the euro zone economy battles to lift off.
Nov 25, 2014, 13:09 PM IST
Euro struggles in Asia on ECB chief`s comments
The euro struggled in Asian trade Monday after being hammered late last week in response to comments from the European Central Bank (ECB) chief hinting at further stimulus measures to fend off deflation.
Nov 24, 2014, 12:30 PM IST
Falling inflation a worry for Europe but also the world
European Central Bank President Mario Draghi has moved closer to launching sovereign debt purchases and data this week will show just how dangerously low inflation has fallen in the $13 trillion euro zone economy.
Nov 23, 2014, 23:13 PM IST
Draghi throws ECB door open to money printing as global prospects dim
European Central Bank President Mario Draghi threw the door wide open on Friday for more drastic measures to prevent the euro zone from sliding into deflation, promising to use whatever means necessary as China also acted to boost its sagging economic growth.
Nov 21, 2014, 22:52 PM IST
Gold price rallies to 3-week high after surprise China rate cut
Gold climbed back above $1,200 an ounce on Friday after a surprise rate cut by China fuelled expectations demand could rise in the world`s biggest gold consumer.
Nov 21, 2014, 19:42 PM IST
Will ramp up asset purchases without delay: ECB chief
European Central Bank President Mario Draghi said Friday that the ECB is ready to ramp up its contested asset purchases "without any undue delay."
Nov 21, 2014, 15:19 PM IST
