Asian shares get lift from Wall St, dollar steadies
Asian shares rose on Friday thanks to gains on Wall Street, while the dollar steadied after facing pressure from a rallying yuan and U.S. data that offered no clarity on whether the Federal Reserve might raise interest rates next week.
Sep 11, 2015, 09:11 AM IST
Gold firms near $1,110 but poised for third weekly drop
Spot gold was little changed at USD 1,111 an ounce, after gaining 0.5 percent in the previous session.
Sep 11, 2015, 08:52 AM IST
Gold price holds near four-week low as fund outflows, US data weigh
Gold languished near a four-week low on Thursday, retaining sharp overnight losses, as strong U.S. economic data and outflows from bullion-backed exchange traded funds sapped investor interest.
Sep 10, 2015, 13:44 PM IST
Markets to remain volatile in Sept-Nov: BofA-ML
Domestic capital markets are likely to remain volatile in the September-November period due to factors like US Fed's policy action, second quarter corporate earnings and Bihar state elections, Bank of America Merrill Lynch (BofA-ML) said in a report.
Sep 07, 2015, 18:25 PM IST
G20 seeks to lift market mood despite China alarm
Ministers and central bank chiefs from the world`s top 20 economies sought Saturday to bolster market confidence in the global economy, despite mounting alarm about the fallout from China`s slowdown.
Sep 05, 2015, 14:49 PM IST
Wall Street falls as jobs report fuels rate hike anxiety
U.S. stocks were down in afternoon trading on Friday as a mixed August jobs report did little to quell investor uncertainty over whether the Federal Reserve will increase rates by mid-September.
Sep 04, 2015, 23:13 PM IST
G20 promises transparency on rate moves as global economy disappoints
The text welcomed strengthening activity in some economies but said that global growth fell short of expectations, although it expressed confidence a recovery would gain speed.
Sep 04, 2015, 22:38 PM IST
IMF says Fed `can hold off` on interest rate rise
The International Monetary Fund said Thursday that the Federal Reserve has the room to hold off from raising interest rates for the moment amid a "pretty bumpy" global economic situation.
Sep 03, 2015, 21:10 PM IST
US economy continues to expand: Fed survey
The US economic activities continued to expand across most surveyed regions and sectors during the period from July to mid-August, according to a survey by the Federal Reserve.
Sep 03, 2015, 19:22 PM IST
Global Economy Weekahead: China fears linger as focus on Fed sharpens
Fears over the health of the Chinese economy kept world markets on edge last week and China country will remain in focus, along with the question of whether the Federal Reserve will raise interest rates next month.
Aug 30, 2015, 18:31 PM IST
Fed says rate hike next month hinges on market volatility
The US Federal Reserve on Friday left the door open to a September interest rate hike even while several central bank officials acknowledged that turmoil in financial markets, if prolonged, could delay monetary policy tightening.
Aug 29, 2015, 03:36 AM IST
China jitters, globalization bode ill for Fed's inflation goal
The recent market swoons follow a series of other shocks - crashing oil prices, weakness in Europe, the constant deflation threat in Japan - that have held down inflation globally.
Aug 28, 2015, 10:53 AM IST
Gold eyes worst week in five as strong US data fuels Fed hike view
Gold was stuck near recent lows on Friday and was on track to post its biggest weekly drop in five as strong U.S. economic data backed the case for a near-term increase in interest rates.
Aug 28, 2015, 09:27 AM IST
Fed rate hike, earnings, Bihar polls to drive Indian markets: BofA
According to the global financial services major, if markets price-in a Fed rate hike, it will get easier for the RBI to cut rates by 25 basis points on September 29.
Aug 27, 2015, 16:03 PM IST
Gold industry analysts expect price boost from currency war fears
Gold prices could rise above USD 1,200 an ounce in the next few months as fears of a currency war following the devaluation of the yuan make equity markets choppy, boosting physical gold and ETF buying, leading industry analysts said at a conference.
Aug 22, 2015, 23:45 PM IST
Gold price climbs to 5-week high as Sept Fed hike hopes fizzle
Spot gold has now recovered nearly 6 percent from a 5-1/2-year low of USD 1,077 reached in a late July rout.
Aug 20, 2015, 12:51 PM IST
RBI seen shoring up forex kitty to ward of Fed taper impacts
Even though forex reserves have touched all-time highs, RBI will continue to accumulate the same as it needs resources to fight another round of pressure on the rupee that may come with the Fed rate hike and also a surge in imports with the economic recovery, BofAML has said.
Aug 11, 2015, 21:46 PM IST
Gold, silver rebound on global cues, jewellers buying
Silver also recovered by Rs 330 to Rs 34,130 per kg on increased offtake by industrial units and coin makers.
Aug 07, 2015, 15:44 PM IST
Gold struggles near 2010 low as data backs Sept Fed hike view
Gold struggled to pull away from a 5-1/2-year low early on Thursday after more upbeat U.S. economic data bolstered expectations the Federal Reserve could lift interest rates as soon as next month.
Aug 06, 2015, 06:30 AM IST
Gold near multi-year low ahead of Fed's rate hike expectations
Gold steadied not far from a 5-1/2-year low early on Wednesday after comments from a Federal Reserve official backed investor expectations that the U.S. central bank would hike interest rates as early as next month.
Aug 05, 2015, 07:26 AM IST
