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Gold near 2-1/2 week high on U.S. rate expectations

Mar 26, 2015 at 02:45 | Source: FirstPost

SINGAPORE (Reuters) - Gold edged lower on Wednesday after a five-day rally, but stayed close to a 2-1/2-week high on growing expectations the U.S. Federal Reserve would not raise interest rates until September.Spot gold had eased 0.2 percent to $1,19...

Euro stocks get data lift as dollar rebounds

Mar 25, 2015 at 01:15 | Source: FirstPost

NEW YORK (Reuters) - European stocks rose to near-record highs on Tuesday on signs the euro zone economy was gaining momentum, while the dollar recovered from recent losses and oil fell. U.S. stocks traded tightly amid worries about the dollar's gain...

Wall St Week Ahead - Investors eye data as stocks approach records

Mar 22, 2015 at 19:15 | Source: FirstPost

REUTERS - Investors enjoying near-record levels for major stock indexes will scrutinize housing data and other economic indicators in the coming week for hints about the timing of U.S. interest rate hikes to see if the rally will continue.Concern abo...

U.S. stocks slip, dollar gains day after Fed view

Mar 20, 2015 at 02:45 | Source: FirstPost

NEW YORK (Reuters) - European shares rose on Thursday, a day after the Federal Reserve indicated it was in no rush to hike U.S. interest rates, but stocks slipped on Wall Street while crude oil retreated and the dollar rebounded, reversing the previo...

China media: Credit ratings

Mar 19, 2015 at 12:42 | Source: BBC

Papers want China to have a bigger say in the international credit ratings system to end the monopoly of Western agencies. Western rating agencies Standard Poor's (S P), Moody's, and Fitch Group are known as the Big Three. The ratings are g...

Target follows rival Walmart in wage increase

Mar 19, 2015 at 07:22 | Source: BBC

US retail giant Target will raise the minimum wage it pays its employees to $9 (£6) an hour after rivals announced similar moves, according to reports. The wage rise would begin at all of its 1,800 US stores in April. The move follows announcements ...

Gold slips to near four-month low as Fed seen readying rate hike path

Mar 19, 2015 at 03:30 | Source: FirstPost

SINGAPORE (Reuters) - Gold dropped to near its lowest in more than four months on Wednesday, reflecting caution ahead of the conclusion of a Federal Reserve meeting that may stoke expectations for a mid-year hike in U.S. interest rates. Many expect t...

The Fed’s delicate task

Mar 19, 2015 at 02:07 | Source: BBC

The Federal Reserve's latest statement suggests that the path is clear for an interest rate rise in June or September without surprising markets. Rather amusingly, it's because the word patience was removed from the statement. Of course, it...

U.S. shares, oil jump after Fed statement

Mar 19, 2015 at 01:45 | Source: FirstPost

NEW YORK (Reuters) - Stocks on Wall Street surged and oil prices jumped as much as 5 percent on Wednesday after the Federal Reserve indicated it preferred a more gradual path to normalizing U.S. interest rates even as it moved towards its first rate ...

Gold near lowest in over three months ahead of Fed meeting

Mar 17, 2015 at 04:15 | Source: FirstPost

SINGAPORE (Reuters) - Gold was stuck near its lowest in over three months on Monday, pressured by a stronger dollar ahead of a key Federal Reserve policy meet this week that could hint at the timing of any hike in U.S. interest rates.Spot gold was li...

Wall St Weekahead - Investors in 'patient panic' over Fed language

Mar 15, 2015 at 23:30 | Source: FirstPost

REUTERS - Forget the 2013 "taper tantrum." U.S. stock markets are in the midst of a "'patient' panic" ahead of Wednesday's Federal Reserve statement, when many investors expect a change in the Fed's language that would send the cl...

Shaky currency: Understanding the rupee's fall when macros are stable

Mar 12, 2015 at 14:18 | Source: FirstPost

The decline in the rupee in the last few days comes as a surprise considering that the external situation appears to be stable and comfortable. The recent CAD numbers suggest that the deficit is low and the fact that the forex reserves are rising and...

How far can the Fed flex its muscles?

Mar 12, 2015 at 02:37 | Source: BBC

One of the biggest themes in global markets over the past few months has been the strength of the US dollar. It's now trading at a 12-year high against the euro. Against a broad basket of other currencies, it's risen by around 25% since las...

Dollar flourishes as emerging market currencies struggle

Mar 10, 2015 at 17:32 | Source: BBC

From the South African rand to the Brazilian real to the euro, currencies are weakening to the lowest levels in over a decade against the dollar. The dollar, measured against a basket of its trading partners, has reached the highest level since 2003 ...

German professor to Udwin: Say hello to white woman's 'rape in India' burden

Mar 10, 2015 at 13:31 | Source: FirstPost

There's been a lot of white-driven angst in recent days over rape in India. First came Leslee Udwin's BBC documentary, 'India's Daughter' which went from viral to ludicrous in 60 seconds with politicians beating their chest about national pride. Perh...

Udwin to German professor: Say hello to white woman's 'rape in India' burden

Mar 10, 2015 at 12:05 | Source: FirstPost

There's been a lot of white-driven angst in recent days over rape in India. First came Leslee Udwin's BBC documentary, 'India's Daughter' which went from viral to ludicrous in 60 seconds with politicians beating their chest about national pride.Perha...

Udwin, German professor et al: Say hello to the white woman's 'rape in India' burden

Mar 10, 2015 at 11:42 | Source: FirstPost

There's been a lot of white-driven angst in recent days over rape in India. First came Leslee Udwin's BBC documentary, 'India's Daughter' which went from viral to ludicrous in 60 seconds with politicians beating their chest about national pride.Perha...

Markets Weekahead - Data brings more focus on timing of U.S. rate hike

Mar 08, 2015 at 18:45 | Source: FirstPost

NEW YORK (Reuters) - U.S. stock investors may be bracing for further signs next week that the Federal Reserve could increase interest rates sooner rather than later, with retail sales expected to rebound after two straight months of declines.A pickup...

Wall St Week Ahead - Data brings more focus on timing of U.S. rate hike

Mar 07, 2015 at 09:45 | Source: FirstPost

NEW YORK (Reuters) - U.S. stock investors may be bracing for further signs next week that the Federal Reserve could increase interest rates sooner rather than later, with retail sales expected to rebound after two straight months of declines.A pickup...

At long last, Dow gets a taste for Apple

Mar 06, 2015 at 22:45 | Source: FirstPost

NEW YORK (Reuters) - Apple Inc, the largest U.S. company by market value, will join the storied Dow Jones industrial average, replacing AT&T Inc, in a change that reflects the dominant position of iPhone maker in the U.S. economy and society.The ...

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