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Wall Street falls as Grexit fears grow, volatility spikes| Reuters

Jun 30, 2015 at 00:45 | Source: FirstPost

U.S. stocks extended their losses in heavy trading on Monday, adding to a global selloff, after a collapse in Greek bailout talks intensified fears that the country could be the first to exit the euro zone.All three major indexes fell more than 1 per...

Greek drama not likely to waylay Federal Reserve | Reuters

Jun 29, 2015 at 23:15 | Source: FirstPost

WASHINGTON The fuse may be lit for a Greek exit from the euro zone but the fallout in the United States is expected to be modest and not enough to throw the Federal Reserve's likely September rate hike off course, said former Fed officials and outsid...

GDP to grow 8% in FY16; hit $3 trn mark in five years, says Panagariya

Jun 29, 2015 at 20:55 | Source: FirstPost

New Delhi: India's growth rate is expected to accelerate to 8 percent in the current financial year and the economy will surpass $3 trillion mark in less than five years, NITI Aayog Vice chairman Arvind Panagariya said today."I will be greatly d...

Wall Street opens lower as Greece deal optimism fades| Reuters

Jun 24, 2015 at 23:45 | Source: FirstPost

REUTERS - Wall Street opened lower on Wednesday after a setback in Greece's debt talks even as data showed that the U.S. economy's first-quarter contraction was smaller than earlier thought. Greek Prime Minister Alexis Tsipras has attacked the stance...

Global Economy Weekahead - Greek drama nears final act, ending uncertain| Reuters

Jun 21, 2015 at 15:45 | Source: FirstPost

LONDON Euro zone leaders will attend an emergency summit on Monday, hoping to thrash out a plan with Athens to provide Greece with additional funds to prevent it defaulting on its debt -- but only if both sides play ball. With the outcome uncertain, ...

Wall Street dips but indexes on track for best week in two months| Reuters

Jun 19, 2015 at 23:45 | Source: FirstPost

REUTERS - U.S. stocks were down in early afternoon trading on Friday, a day after a strong rally pushed the Nasdaq Composite index to a record high, but the major indexes were still on track for their strongest weekly performance in about two months....

Asian shares edge higher after Fed vote, China, Greece eyed| Reuters

Jun 19, 2015 at 09:30 | Source: FirstPost

HONG KONG Asian shares rose for a third consecutive day on Friday, and the dollar remained on the back foot against the region's currencies as investors bet U.S. interest rates will not as rise quickly as expected."This removes a source of uncer...

Fed may hike just once in 2015 as Yellen strikes less certain tone | Reuters

Jun 19, 2015 at 00:15 | Source: FirstPost

SAN FRANCISCO/WASHINGTON The question of how quickly the Federal Reserve should raise rates is dividing normally like-minded policymakers at the U.S. central bank, pitting those who favor two hikes this year against a growing number of those who want...

Preview - Fed eyes mixed bag of data as new rate regime nears| Reuters

Jun 18, 2015 at 00:15 | Source: FirstPost

WASHINGTON The U.S. Federal Reserve is meeting with the possibility of an interest rate hike squarely on the table, but with a different issue center stage: Is the worst of 2015 over?After watching the U.S. economy contract in the first quarter, cent...

Gold hit by strong U.S. data, but poised for weekly gain| Reuters

Jun 13, 2015 at 01:45 | Source: FirstPost

SINGAPORE Gold clung to overnight losses on Friday, hurt by strong U.S. economic data that bolstered prospects of higher interest rates, but the metal looked set to snap a three-week losing streak on earlier gains from a softer dollar.Bullion's failu...

European stocks extend gains, dollar lifted by Fed feelings| Reuters

Jun 12, 2015 at 01:45 | Source: FirstPost

LONDON European shares saw fresh gains on Thursday after their best day in over a month and as bets that the United States could be edging towards its first interest rate rise kept upward pressure on global bond yields and the dollar.At the other end...

OECD indicator slips further for U.S. economy| Reuters

Jun 09, 2015 at 00:45 | Source: FirstPost

PARIS U.S. economic growth is showing further signs of weakening while a recovery is gaining traction in euro zone countries such as France and Italy, the Organisation for Economic Co-operation and Development said on Monday.The OECD's monthly leadin...

Euro off highs, China shares swing to new peak | Reuters

Jun 05, 2015 at 09:45 | Source: FirstPost

SYDNEY Asian shares were mostly lower on Friday while bonds snapped a vicious losing streak and the euro retreated as investors braced for U.S. jobs data and another day of drama over Greece.The main exception was China where stocks reached new highs...

Asia shares steady, bonds break losing streak| Reuters

Jun 05, 2015 at 06:45 | Source: FirstPost

SYDNEY Asian shares got off to a tentative start on Friday while bonds snapped a vicious losing streak and the euro retreated as investors braced for U.S. jobs data and another session of uncertainty over Greece.MSCI's broadest index of Asia-Pacific ...

Euro rally, bond selloff pause; Greece eyed| Reuters

Jun 05, 2015 at 02:15 | Source: FirstPost

NEW YORK A bond market selloff that had shaken financial market confidence waned on Thursday, while the euro took a breather after a strong two-day run against the dollar, as investors looked for signs of progress in Greek debt negotiations.German bo...

Euro rally, bond selloff ease; Greece eyed| Reuters

Jun 05, 2015 at 00:45 | Source: FirstPost

NEW YORK A bond market selloff that had rattled financial market confidence eased on Thursday, while the euro paused after a strong two-day run against the dollar, as investors looked for signs of progress in Greek debt negotiations.German 10-year Bu...

U.S. stocks gain on data, Greek hopes; bund yields, euro climb| Reuters

Jun 04, 2015 at 01:30 | Source: FirstPost

NEW YORK Wall Street rose modestly on optimism an agreement over Greek debt was drawing closer and as data pointed to renewed life in the U.S. economy, while German debt yields climbed after comments from European Central Bank President Mario Draghi....

Fed's Brainard says U.S. economic slowdown may be more than temporary| Reuters

Jun 02, 2015 at 23:15 | Source: FirstPost

WASHINGTON The U.S. economy's recent poor performance may be more than transitory, as the full impact of weak consumer spending, low investment and a strong dollar become apparent, Federal Reserve board member Lael Brainard said on Tuesday.Brainard s...

Crunch time for Greece; U.S. and Chinese data in focus| Reuters

May 31, 2015 at 15:15 | Source: FirstPost

LONDON Years of uncertainty and economic pain spent keeping Greece in the euro zone boils down in June to a handful of make-or-break debt repayments, while a raft of key data in the next few days will point to the progress of the global economy.The t...

Stocks, bond yields fall on Greece, U.S. data| Reuters

May 30, 2015 at 01:15 | Source: FirstPost

NEW YORK Global equity markets and bond yields fell on Friday, weighed by data that showed the U.S. economy contracted in the first quarter and by conflicting signals from Greece's debt talks.European shares also fell on data showing private loan gro...

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