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Wall St posts 1st weekly loss since mid-April on Fed angst
May 25, 2013 at 10:19 | Source: Reuters
The Dow ended slightly higher, outperforming the broader market, buoyed by a 4 percent gain in Procter & Gamble. A jump in April orders for long-lasting manufactured goods, such as refrigerators and toasters, showed that the US economy may be stronger than some had thought.
Oil falls below $94 on weak outlook for demand
May 24, 2013 at 12:48 | Source: AP
The contract fell three cents to close at USD 94.25 a barrel in New York on Thursday. The price sank as low as USD 92.21 in the morning after weak manufacturing data from China raised questions about the strength of oil demand in the world's No. 2 economy.
IIFL sees rupee heading to 60/$ by Dec-end
May 23, 2013 at 19:56 | Source: Moneycontrol.com
IIFL's Disha Bhatt expects the rupee to head towards 60 per dollar by December-end. She cites rollback of stimulus or bond buying by the US Federal Reserve and rise in dollar demand by oil importers as reasons for the dollar appreciation.
Come on, give the Aussie dollar a break: pros
May 23, 2013 at 17:21 | Source: CNBC
The Aussie dollar has shed almost five percent in the past two weeks against the US dollar, hurt by signs of weakness in the Australian and Chinese economies, broad strength in the greenback and a continued fall in commodity prices. It is down roughly eight percent from where it traded in early April.
Fed to continue having low interest rates: Societe Generale
May 23, 2013 at 16:23 | Source: CNBC-TV18
Patrick Legland, Global Head of Research at Societe Generale feels there is complete confusion on what has been said by Ben Bernanke chairman of the US Federal Reserve. As Bernanke has always been supportive to economy.
Oil falls as Fed minutes send US equities down
May 23, 2013 at 08:29 | Source: Reuters
Crude falls after minutes from the Federal Reserve sent US stock markets down and compounded earlier oil weakness stemming from a rise in US gasoline inventories.

Videos »
Fed to continue having low interest rates: Societe Generale
Situation not ripe for QE cut; gold to trend down: Expert
Markets await Bernanke's decision to taper QE3: ETX Cap
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Limited scope for further re-rating of India: BoA Merrill
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Rupee turns shaky on global turmoil, renewed dollar strength
By Vinay Khattar MUMBAI: Indian markets are witnessing interesting action these days. The Sensex and Nifty recently touched 28-month highs before cooling off, while the benchmark 10-year G-sec yield ...
May 26, 2013 at 05:16 | Source: Economic Times
Index Outlook: Two steps ahead, one back
It was time for reckoning for the global stock markets last week. After the heady rally that had taken benchmarks of many developed markets to life-time highs, global equities were yanked back sharpl...
May 25, 2013 at 21:32 | Source: The Hindu BusinessLine
US economy to revive? Investors shift focus to growth stocks
NEW YORK: Growth stocks, neglected at the start of the year, are starting to get a bit of love from investors again. The best returns in the Standard & Poor's 500 index over the past month have been ...
May 25, 2013 at 05:06 | Source: Economic Times
Wall Street posts first weekly loss since mid-April on Fed angst
NEW YORK (Reuters) - The S&P 500 declined for a third day on Friday, with the three major U.S. stock indexes posting their first negative week since mid-April on lingering concern that the U.S. ce...
May 25, 2013 at 02:30 | Source: FirstPost
Late surge lifts Sensex; Tata Steel, Larsen key gainers
Benchmark indices closed firm, riding a late surge, but finished roughly 3 percent lower week-on-week. Brokers say the mood is cautious after the global sell-off on Thursday, and back home, a mixed b...
May 24, 2013 at 21:32 | Source: DomainB
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