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Sensex tanks over 550 pts in early trade on worries FII outflow may get intense

Sep 04, 2015 at 10:57 | Source: FirstPost

Key local share indices faltered sharply in the morning trade Friday, much in sync with the bearish undertone prevalent in other Asian markets, as the benchmark Sensex plunged more than 550 points amid selling across-the-board, with rate-sensitive co...

As Fed ponders interest rate rise timing, markets overshadow U.S. jobs report| Reuters

Sep 04, 2015 at 00:30 | Source: FirstPost

NEW YORK In calmer times the U.S. employment report due to be published on Friday would be the Federal Reserve's best and last economic signal before it decides whether to raise interest rates later this month for the first time in nearly a decade.Bu...

Overweight Indian pharma stocks defy Asian market rout. Here's why

Sep 03, 2015 at 11:24 | Source: FirstPost

The double-digit stock market gains of pharmaceutical giants including Dr. Reddy's Laboratories and Wockhardt stand out in stark relief to the dismal performance of other Asian emerging-market stocks this year.Their shares have surged on expectations...

Global Economy Weekahead: China fears linger as focus on Fed sharpens| Reuters

Aug 30, 2015 at 15:45 | Source: FirstPost

LONDON Fears over the health of the Chinese economy kept world markets on edge last week and China country will remain in focus, along with the question of whether the Federal Reserve will raise interest rates next month.Those concerns sent world sto...

Focus turns to U.S. data as China slowdown looms| Reuters

Aug 29, 2015 at 01:30 | Source: FirstPost

NEW YORK After a dizzying two weeks that saw a rapid plunge and rebound in equity prices, investors are looking forward to a week of economic data that may provide clarity on the likelihood of a near-term U.S. interest rate hike and help tamp down th...

Weekahead - China fears linger as focus on Fed sharpens| Reuters

Aug 29, 2015 at 01:15 | Source: FirstPost

LONDON Fears over the health of China's economy kept world markets on edge this week and the country will remain in focus, along with the question of whether the Federal Reserve will raise interest rates next month.Those concerns sent world stocks, c...

Wild week for markets set to end quietly| Reuters

Aug 29, 2015 at 00:45 | Source: FirstPost

NEW YORK A volatile ride for global markets this week looked to end calmly on Friday even as lingering worries over Chinese economic growth and the Federal Reserve's plans to raise interest rates weighed on stocks, but oil rebounded sharply for a sec...

Wild week for world markets set to end quietly| Reuters

Aug 29, 2015 at 00:30 | Source: FirstPost

NEW YORK A volatile ride for global markets this week looked set to end with a whimper on Friday as lingering worries over Chinese economic growth and the Federal Reserve's plans to raise interest rates weighed on stocks, but oil rebounded sharply.U....

Oil markets catch breath after biggest gains in six years| Reuters

Aug 28, 2015 at 06:45 | Source: FirstPost

SEOUL Crude oil futures were largely steady on Friday after posting their biggest one-day rally in over six years the day before led by recovering equity markets and news of diminished crude supplies.Stock markets around the world rallied on Thursday...

Wall St. logs biggest two-day gain since financial crisis| Reuters

Aug 28, 2015 at 03:30 | Source: FirstPost

Wall Street rallied more than 2 percent on Thursday as strong U.S. economic data and hints that a September interest-rate hike was unlikely fuelled optimism that the worst of recent market turmoil was over. The Dow Jones industrial average scored its...

China official blames Fed for global market rout, not yuan| Reuters

Aug 28, 2015 at 02:45 | Source: FirstPost

BEIJING The global stock market rout of the past week was sparked by concerns over a possible interest rate rise by the U.S. Federal Reserve and not by the devaluation of China's yuan currency, a senior Chinese central bank official told Reuters on T...

Stocks rebound from China slump, strong U.S. data helps | Reuters

Aug 28, 2015 at 01:30 | Source: FirstPost

NEW YORK Stock around the world rallied on Thursday, shaking off a slump related to China growth fears, as strong U.S. economic data boosted investor sentiment and crude oil rebounded sharply.All three major U.S. indexes were up less than 1 percent i...

Wall Street surges for second day as China fears fade| Reuters

Aug 28, 2015 at 01:15 | Source: FirstPost

Wall Street rallied on Thursday as investors grew optimistic that the worst of recent market turmoil was over after strong U.S. economic data and hints that a September interest-rate hike was unlikely.The three major indexes poised in afternoon trade...

Gold falls for 4th day as U.S. data boosts stocks, dollar| Reuters

Aug 28, 2015 at 00:30 | Source: FirstPost

LONDON Gold eased on Thursday after its biggest one-day drop in five weeks as upbeat U.S. growth and jobs data drove stocks and the dollar higher, though uncertainty over the timing of a U.S. rate rise held losses in check. Spot gold was down 0.5 pe...

Interview - China official blames Fed for global market rout, not yuan| Reuters

Aug 27, 2015 at 23:45 | Source: FirstPost

BEIJING Concerns over a possible U.S. rate rise by the Federal Reserve may have sparked a global stock market rout rather than the devaluation of China's yuan currency, a senior Chinese central bank official told Reuters on Thursday.Yao Yudong, head ...

Wall Street surges for second day on strong GDP data| Reuters

Aug 27, 2015 at 23:15 | Source: FirstPost

REUTERS - U.S. stocks extended their rally on Thursday, raising hopes that the worst of Wall Street's recent turmoil was behind it, after further evidence that the economy was on a solid footing.The three major indexes were up more than 2 percent in ...

Surprise rally: US stocks snap losing streak but oil, bonds decline

Aug 27, 2015 at 07:40 | Source: FirstPost

Wall Street rebounded sharply on Wednesday after six straight days of large declines caused by China worries, while long-dated bond prices fell after a top Federal Reserve official scaled back expectations of a September rate increase.The dollar rebo...

Asia stocks up as Wall Street rally calms markets, dollar surges| Reuters

Aug 27, 2015 at 06:30 | Source: FirstPost

TOKYO Asian stocks rose on Thursday as a sharp rebound on Wall Street helped soothe investors' tattered nerves, while the dollar rallied as risk aversion eased.Stock markets around the world had tumbled earlier in the week as a slump in Shanghai shar...

U.S. stocks snap losing streak but oil and bonds decline| Reuters

Aug 27, 2015 at 03:15 | Source: FirstPost

NEW YORK Wall Street rebounded sharply on Wednesday after six straight days of large declines caused by China worries, while long-dated bond prices fell after a top Federal Reserve official scaled back expectations of a September rate increase. The ...

Wall Street up on data, may end six-day losing streak

Aug 26, 2015 at 21:54 | Source: FirstPost

US stocks rose in morning trading on Wednesday, helped by stronger-than-expected durable goods data, raising hopes that Wall Street will snap its six-day losing streak.Although stocks were off their highs by late morning, all 10 major S&P 500 sec...

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