Gold Holds Above $1300 as U.S. Economy Assessed With Ukraine
Apr 17, 2014 at 08:00 | Source:
Gold held above $1,300 an ounce, heading for a weekly decline, as investors weighed signs of an improving U.S. economy against tension in Ukraine. Assets in the largest exchange-traded product sank the most this year. Bullion for immediate delivery&a...
Gold Near Lowest in a Week as Ukraine to U.S. Weighed
Apr 16, 2014 at 16:04 | Source:
Gold traded near the lowest price in more than a week in London as investors weighed the outlook for an improving U.S. economy against turmoil over Ukraine. Gold fell 1.9 percent yesterday, the most since March 24, as data indicated U.S. consumer ...
Stocks gain for 2nd day in row after Ukraine fears ease
Apr 16, 2014 at 08:42 | Source:
SAN FRANCISCO (MarketWatch) — U.S. stocks closed higher Tuesday following a choppy session, bouncing back from a sizable drop that came after reports of fighting on the ground in Ukraine. The main indexes advanced for a second straight day and fin...
Stocks rattled by housing data, Ukraine tensions
Apr 15, 2014 at 22:07 | Source:
NEW YORK (MarketWatch) — U.S. stocks showed little change Tuesday, giving back early gains that came after upbeat earnings reports from Coca-Cola Co. and Johnson & Johnson. Equities pulled back from session highs after a lower-than-anticipated rea...
Yield curve flattens as inflation rises
Apr 15, 2014 at 21:27 | Source:
NEW YORK (MarketWatch) — Intermediate-term Treasury yields rose Tuesday after data showed inflation was higher than expected, narrowing the yield premium paid on long-term government debt. The 5-year note (ICAPSD:5_YEAR) yield, which rises as pr...
Gold falls from three-week high on profit-selling, global cues
Apr 15, 2014 at 17:41 | Source:
NEW DELHI: Gold prices fell from three-week high by losing Rs 200 to Rs 30,000 per 10 grams here today on profit-selling by stockists at prevailing higher levels amid weak global trend. Silver also snapped two-day rising trend and dropped by Rs 600 t...
Gold futures down on weak global cues; profit-booking
Apr 15, 2014 at 13:56 | Source:
NEW DELHI: Amid a weak trend overseas and profit-booking by speculators, gold prices fell 0.53 per cent to Rs 28,806 per 10 grams in futures trade today. At the Multi Commodity Exchange, gold for delivery in June eased by Rs 153, or 0.53 per cent, to...
Expect Infosys to beat margin expectations: Bhavin Shah, Equirus Securities
Apr 15, 2014 at 12:51 | Source:
In a chat with ET Now, Bhavin Shah, CEO, Equirus Securities, shares his views on the Infosys Q4 numbers. Excerpts: ET Now: Your first reading of Infy's numbers? Bhavin Shah: We have been telling investors to expect Infosys to beat margin expectation...
Gold slips from 3-week high as strong equities offset safe-haven buying
Apr 15, 2014 at 10:56 | Source:
SINGAPORE: Gold retreated on Tuesday from a three-week high as gains in equities and strong US retail sales data offset safe-haven bids that were driven by heightened tensions in Ukraine. US retail sales recorded in March their largest gain in 1-1/2 ...
Asian shares edge higher on solid US data, Ukraine anxiety lingers
Apr 15, 2014 at 10:56 | Source:
TOKYO: Asian shares edged higher on Tuesday after upbeat US data helped Wall Street bounce from a sharp selloff in recent days, though tensions in Ukraine tempered demand for riskier assets. The MSCI's broadest index of Asia-Pacific shares outside Ja...
Retail sales sizzle in March
Apr 15, 2014 at 09:12 | Source:
WASHINGTON (MarketWatch) — U.S. retail sales rose a strong 1.1% in March, Commerce Department data released Monday revealed, showing the economy is improving after the cold winter. The firm report, which shows the largest gain for sales since Sept...
Consumers seen springing ahead — for now
Apr 13, 2014 at 22:27 | Source:
WASHINGTON (MarketWatch) — The U.S. economy took a turn for the better in March as the weather warmed up, but the upturn in growth can only continue if consumers get out and spend a bit more. Sales at U.S. retail stores in March — the main attra...
JPMorgan profit weaker than expected as trading revenue falls
Apr 12, 2014 at 15:59 | Source:
JPMorgan Chase & Co posted far weaker-than-expected quarterly profit as uncertainty about the US economy weighed on investor trading volumes and consumer borrowing. Results from the first of the major Wall Street banks to post earnings unders...
US stocks face earnings blues, thanks tech selloff
Apr 12, 2014 at 15:46 | Source:
NEW YORK: The wrenching selloff in US high-growth technology and biotech shares could leave investors braced for more than a minor pullback when earnings pick up speed next week. First-quarter earnings estimates have fallen sharply as many companies ...
Oil futures tally a nearly 3% climb for the week
Apr 12, 2014 at 13:22 | Source:
SAN FRANCISCO (MarketWatch) — Oil futures finished higher on Friday as a rise in U.S. consumer sentiment to a nine-month high buoyed the outlook for energy demand, and after the International Energy Agency reported much lower OPEC production in Ma...
Is there a tech bubble? Revisiting irrational exuberance
Apr 11, 2014 at 17:22 | Source:
US stocks are soaring to new heights. The S P 500 has hit yet another record high, pushed up by consumer and technology stocks. It is continuing a trend from last year when it seemed that new records were being set nearly every month. The Nasdaq, the...
US economic recovery still remains soft: Juerg Kiener, Swiss Asia Capital
Apr 10, 2014 at 15:11 | Source:
In an interview with ET Now, Juerg Kiener, MD & Chief Investment Officer, Swiss Asia Capital, shares his views on the FOMC meeting and global markets. Excerpts: ET Now: The big catalyst this Thursday morning for global market watchers are the minute...