Sep 02, 2015 at 18:13 | Source: PTI
The release of monthly US employment data on Friday may provide clues on whether the Federal Reserve will raise borrowing costs at its September meeting.
Sep 02, 2015 at 12:00 | Source: CNBC-TV18
Ben Luk of JP Morgan Asset Management says the Chinese government needs to push through further monetary and fiscal measures to tide over the crisis. However, the likelihood of further intervention in the equity markets is rather low.
Sep 02, 2015 at 09:15 | Source: Reuters
Sustained losses in Asian equities could switch some funds to gold after data showed US factory activity hit a more than two-year low in August, coming on the heels of a survey showing China's manufacturing sector shrank at its fastest pace in three years last month.
Sep 02, 2015 at 08:31 | Source: CNBC-TV18
Hartmut Issel, Head Equity & Credit APAC; Chief Investment Office at UBS, dismisses talks of a global meltdown, arguing that most countries are doing relatively well.
Sep 01, 2015 at 14:57 | Source: CNBC
Emerging markets suffered one of their worst routs on record last week, with investors pulling a combined USD 15.3 billion from bond and equity funds through August 27. The MSCI Emerging Markets Index is down nearly 18 percent year to date.
Sep 01, 2015 at 08:13 | Source: Reuters
Fed Vice Chairman Stanley Fischer said on Saturday that US inflation will likely rebound as pressure from the dollar fades, allowing the US central bank to raise interest rates gradually.
Aug 31, 2015 at 18:33 | Source: PTI
Besides, fresh fall in equity market affected the value of the rupee against the US dollar. The domestic currency resumed lower at 66.25 against last Friday's closing level of 66.14 at the Interbank Foreign Exchange (Forex) market and dropped further to 66.49 before ending at one-week low of 66.48, showing a loss of 34 paise or 0.51 percent.
Aug 31, 2015 at 16:51 | Source: Reuters
Spot gold was flat at USD 1,132.98 an ounce at 0934 GMT, while US gold futures for December delivery were down 90 cents an ounce at USD 1,133.10. The metal fell 2.3 percent last week as a sell-off in Chinese equities rattled wider markets.
Aug 31, 2015 at 07:39 | Source: CNBC
Mainland equities lost 2 percent on Monday while Dow futures tanked 200 points on reports that Beijing may finally halt its controversial market intervention.
Aug 28, 2015 at 19:56 | Source: PTI
Sharp sell-off in domestic equity markets and robust dollar against major world currencies predominantly impacted the rupee sentiment, a forex dealer said. Heavy capital outflows against the backdrop of volatile global situation amid Fed rate hike fears also added some pressure.