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  • Gold Poised for Worst Month in Fifteen on Dollar Strength

    Gold Poised for Worst Month in Fifteen on Dollar Strength

    Gold held steady above a nine-month low on Tuesday as Asian equities remained unsettled by political unrest in Hong Kong, but was poised to post its sharpest monthly loss since June 2013 as a rapid climb in the dollar dimmed its appeal.

  • Global Economy Week Ahead: While ECB Struggles, Fed Sees Recovery

    Global Economy Week Ahead: While ECB Struggles, Fed Sees Recovery

    The European Central Bank will spell out on Thursday its latest attempt to steer the euro zone away from the prospect of damaging deflation, following the latest snapshot of consumer price pressures on Tuesday.

  • Gold Extends Losses as Equities, Dollar Rise

    Gold Extends Losses as Equities, Dollar Rise

    Investors will be watching more US data due later on Thursday, including durable goods orders for August, to gauge the strength of the world's largest economy and the implications for the Federal Reserve's monetary policy and the dollar.

  • Asia Cheered by Wall Street Rebound, Dollar Resumes Advance

    Asia Cheered by Wall Street Rebound, Dollar Resumes Advance

    Wall Street rebounded broadly overnight, buoyed by strong US housing data and with dovish statements from a top Federal Reserve official also helping.

  • Asia Stocks Dip, Lower Yields Keep Dollar in Check

    Asia Stocks Dip, Lower Yields Keep Dollar in Check

    MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.2 per cent, sliding to a fresh four-month low. Tokyo's Nikkei shed 0.6 per cent.

  • G20 Says Nearing Growth Goal, but More Needed From Europe

    G20 Says Nearing Growth Goal, but More Needed From Europe

    The Group of 20 nations says they are tantalisingly close to adding an extra $2 trillion to the global economy and creating millions of new jobs, but Europe's extended stagnation remains a major stumbling block.

  • US Fed Helps Markets to End in Green, Completes 6-week Rally

    US Fed Helps Markets to End in Green, Completes 6-week Rally

    Higher global cues triggered by stand taken by US Fed to keep interest rate unchanged and boosted the market sentiment.

  • India Inc Most Optimistic Among Asian Corporates: Survey

    India Inc Most Optimistic Among Asian Corporates: Survey

    Despite weakness in overall business sentiment across Asia after the slowdown in China and Singapore, India Inc is still riding high on optimism, according to findings of a survey.

  • Dow, S&P 500 at Records As Fed-Driven Rally Continues

    Dow, S&P 500 at Records As Fed-Driven Rally Continues

    US stocks rose on Thursday, a day after the US Federal Reserve kept intact its pledge to keep interest rates low, providing a backstop for investors that helped lift both the Dow and S&P to record highs.

  • Wall Street Opens Up, S&P 500 Near Record

    Wall Street Opens Up, S&P 500 Near Record

    US stocks opened higher on Thursday after the US Federal Reserve renewed its commitment to keeping interest rates low.

  • BSE Sensex, Nifty Rise Sharply Amid Broad Gains

    BSE Sensex, Nifty Rise Sharply Amid Broad Gains

    The BSE Sensex and Nifty saw their biggest percentage gain in over three months on Thursday as the US Federal Reserve renewed its pledge to keep interest rates near zero for a "considerable time".

  • Japan Stocks Rally But Other Asian Markets Muted

    Japan Stocks Rally But Other Asian Markets Muted

    The dollar vaulted to a six-year peak on the yen as the Federal Reserve's outlook for rising rates underlined the diverging path between the US and the rest of the rich world.

  • Federal Reserve Chair Yellen's Remarks at Press Conference

    Federal Reserve Chair Yellen's Remarks at Press Conference

    The following are highlights of Federal Reserve Chair Janet Yellen's remarks at a press conference on Wednesday following the conclusion of the US central bank's two-day policy meeting.

  • Wall Street Ends Higher After Federal Reserve; Dow at Record

    Wall Street Ends Higher After Federal Reserve; Dow at Record

    US stocks ended up on Wednesday, with the Dow at a record high, after the Federal Reserve renewed its pledge to keep interest rates near zero for a "considerable time" and repeated its concerns about slack in the labour market, standing firm against ...

  • Wall Street Climbs Ahead of Federal Reserve Statement; DuPont Up

    Wall Street Climbs Ahead of Federal Reserve Statement; DuPont Up

    US stocks rose on Wednesday, ahead of a key statement by the Federal Reserve which is expected to provide clues on the next monetary policy move by the US central bank.

  • US Consumer Prices Post First Decline in Nearly 1-1/2 Years

    US Consumer Prices Post First Decline in Nearly 1-1/2 Years

    US consumer prices fell for the first time in nearly 1-1/2 years in August and underlying inflation pressures were muted, potentially reducing the urgency for the Federal Reserve to raise interest rates.

  • Sensex Rebounds on Hopes Federal Reserve Will Retain Stimulus

    Sensex Rebounds on Hopes Federal Reserve Will Retain Stimulus

    The BSE Sensex rose on Wednesday, recovering from nearly 2-1/2-week lows hit in the previous session, as hopes the Federal Reserve would keep its stimulus measures boosted exporters such as Infosys Ltd and other blue chips.

  • Fed, China Stimulus Hopes Boost World Stocks

    Fed, China Stimulus Hopes Boost World Stocks

    This anticipated stimulus from the world's two largest economies eclipsed the growing nervousness and uncertainty surrounding Thursday's Scottish independence referendum, which most polls suggest is still too close to confidently predict.

  • Financial Markets Awaiting Any Fed Signal On Rates

    Financial Markets Awaiting Any Fed Signal On Rates

    The phrase that investors will be alert for is "considerable time." The presence or absence of those two words is viewed as key to the Fed's timetable for a change in its key short-term rate.

  • Fed Could Hint on Rate-hike Plans As it Prepares for Policy Turn

    Fed Could Hint on Rate-hike Plans As it Prepares for Policy Turn

    Although a tightening of monetary policy is not expected until mid-2015, the central bank could use a policy statement on Wednesday to lay important groundwork.

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