Fed opens door for rate hike even as it downgrades economic outlook
Mar 19, 2015 at 00:15 | Source:
WASHINGTON (Reuters) - The Federal Reserve on Wednesday moved a step closer to a much anticipated first rate hike since 2006 by removing "patient" from its language, although markets bet on a September hike after it downgraded the expected ...
Wall St Weekahead - Investors in 'patient panic' over Fed language
Mar 15, 2015 at 23:30 | Source:
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...
Oil turns lower on expectations of crude oil inventory rise
Feb 25, 2015 at 02:45 | Source:
NEW YORK (Reuters) - Crude oil futures fell on Tuesday as expectations that this week's reports will show U.S. crude inventories rose again countered supportive news of Libyan oilfields being shut.Prices faltered after being lifted by news the Sarir ...
New ETFs look to counter rising rates with derivatives play
Feb 25, 2015 at 01:45 | Source:
NEW YORK (Reuters) - U.S. fund companies are rolling out new exchange-traded funds aimed at customers looking to get ahead of an expected 2015 Federal Reserve rate hike that could sour bond portfolios.The strategies they expect to employ, though, are...
Fed's Yellen flags rate hikes on "meeting-by-meeting" basis
Feb 24, 2015 at 23:15 | Source:
WASHINGTON (Reuters) - The Federal Reserve is preparing to consider interest rate hikes "on a meeting-by-meeting basis," Fed Chair Janet Yellen told a congressional committee on Tuesday, a subtle shift of emphasis that helps lay the groundw...
US Fed may raise rate earlier than anticipated on positive job data
Feb 06, 2015 at 20:40 | Source:
Traders on Friday added to bets that the Federal Reserve will begin raising rates by mid-year after a government report showed US employers added more jobs than expected last month and wages rose.US employers added the most jobs over a three-month pe...
US Fed seen remaining patient with rate guidance amid global turmoil
Jan 28, 2015 at 17:25 | Source:
The Federal Reserve is expected to signal it remains on track to begin raising interest rates later this year, as the central bank shows confidence that low inflation and rising risks from abroad have yet to derail the U.S. economic recovery.The Fed'...
Brent ebbs on growth gloom, U.S. crude aims for parity
Jan 15, 2015 at 01:30 | Source:
NEW YORK (Reuters) - Brent crude oil prices dipped on Wednesday, threatening to touch new six-year lows after an unexpected big rise in U.S. crude and fuel inventories and a dimmer view of world economic growth next year.U.S. crude prices gained desp...
Outrage in Britain as Cadbury owner tweaks Creme Egg recipe
Jan 13, 2015 at 01:16 | Source:
LONDON (Reuters) - Mondelez International, maker of Cadbury Creme Eggs, has tweaked the recipe of the chocolate shell of its gooey treats ahead of their main Easter selling season, sparking an angry response in Cadbury's home market of Britain. U.S. ...
Most Wall St firms project June 2015 U.S. Fed rate hike - Reuters poll
Jan 10, 2015 at 22:30 | Source:
NEW YORK (Reuters) - Many economists at Wall Street's biggest banks remain convinced the Federal Reserve will raise interest rates by June, even as the markets have been spooked by a five-year low in crude oil prices and wage growth remains weak.Thir...
NCDEX to launch forward contracts in 7 new agri commodities soon
Jan 06, 2015 at 16:34 | Source:
New Delhi: Forward Markets Commission today gave approval to agri-commodity bourse NCDEX to launch forward contracts in additional seven commodities including some pulses.The approval has been given to launch both transferable and non-transferable sp...
Finmeccanica banned from bidding for future military contracts
Aug 26, 2014 at 07:21 | Source:
New Delhi: India has banned Finmeccanica from future contracts, a defence ministry source said on Tuesday, as it presses on with an investigation into a scrapped helicopter contract with the Italian company.In January, India cancelled a 560 million e...
Ukraine conflict: New EU sanctions hit top Putin aides
Aug 01, 2014 at 04:07 | Source:
A former judo sparring partner of Vladimir Putin is among three of the Russian president's close aides on a new EU sanctions list. The EU says billionaire tycoon Arkady Rotenberg runs firms which profited from the 2014 Sochi Winter Olympics. He ...
EU edges to economic sanctions on Russia but narrows scope
Jul 26, 2014 at 00:30 | Source:
BRUSSELS (Reuters) - The European Union reached outline agreement on Friday to impose the first economic sanctions on Russia over its behaviour in Ukraine but scaled back their scope to exclude technology for the crucial gas sector.The sanctions on a...
EU readies possible capital, tech sanctions on Russia
Jul 23, 2014 at 02:30 | Source:
BRUSSELS (Reuters) - The European Union threatened Russia on Tuesday with harsher sanctions over Ukraine that could inflict wider damage on its economy following the downing of a Malaysian airliner, but it delayed action for a few days.Efforts to for...
High on reforms hopes, FIIs likely to pump up volumes
May 17, 2014 at 05:06 | Source:
MUMBAI: Foreign portfolio investors (FIIs) could pump up the volumes in equity markets with their bets of a reforms-oriented government coming true after the BJP-led coalition swept to victory in the 16th Lok Sabha elections, even as domestic institu...
Treasurys advance after soft retail sales data
May 14, 2014 at 04:22 | Source:
NEW YORK (MarketWatch) — Treasury prices jumped Tuesday, sending yields lower after a report on U.S. retail sales missed Wall Street expectations, restraining the outlook on one of the key drivers of economic growth. Retail sales climbed a mere 0....