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Dollar nurses losses as payrolls report looms| Reuters

Feb 05, 2016 at 06:15 | Source: FirstPost

TOKYO The dollar steadied in Asian trading on Friday but remained on track for weekly losses, as investors braced for U.S. employment figures later in the session for the latest clues on the outlook for the Federal Reserve's monetary tightening path....

Indian mills to sell another million tonnes sugar - group | Reuters

Feb 02, 2016 at 01:30 | Source: FirstPost

DUBAI Indian sugar mills have already contracted to sell one million tonnes of sugar in the 2015-16 season and expect to sign deals for another million as exports head for China, the head of an industry group said on Monday."One million tonnes h...

Oil plumbs new lows below $27 as oversupply woes persist| Reuters

Jan 21, 2016 at 05:30 | Source: FirstPost

NEW YORK U.S. oil prices crashed below $27 dollars a barrel on Wednesday for the first time since 2003, caught in a broad slump across world financial markets with traders also worried that the crude supply glut could last longer.Oil has fallen more ...

Global - U.S. stocks falter; oil fears spoil China enthusiasm| Reuters

Jan 20, 2016 at 04:15 | Source: FirstPost

NEW YORK U.S. stocks pared gains on Tuesday amid a renewed drop in oil prices, giving up most of an early rally that had been spurred by speculation of more stimulus efforts in China. Stock markets from Asia to Europe, and initially on Wall Street, r...

U.S. stocks retreat; oil fears spoil China enthusiasm| Reuters

Jan 20, 2016 at 02:45 | Source: FirstPost

NEW YORK U.S. stocks retreated on Tuesday from a global equities rally spurred by speculation Beijing would boost stimulus efforts, but a renewed drop in U.S. oil prices raised a cautionary flag.Stock markets from Asia to Europe, and initially on Wal...

Global - U.S. stocks retreat; oil fears spoil China enthusiasm| Reuters

Jan 20, 2016 at 02:15 | Source: FirstPost

NEW YORK U.S. stocks retreated on Tuesday from a global equities rally spurred by speculation Beijing would boost stimulus efforts, but a renewed drop in U.S. oil prices raised a cautionary flag.Stock markets from Asia to Europe, and initially on Wal...

Global - Stocks rise as slower China growth boosts stimulus hopes| Reuters

Jan 20, 2016 at 00:45 | Source: FirstPost

NEW YORK Global equity markets on Tuesday snapped back from a rout at the start of the year after data showing weak economic growth in China prompted speculation Beijing would boost stimulus efforts, but a renewed drop in U.S. oil prices raised a cau...

Oil plummets to $29 per barrel, dragging world stocks lower| Reuters

Jan 16, 2016 at 08:45 | Source: FirstPost

NEW YORK Oil prices plummeted to $29 a barrel on Friday on the impending resumption of Iranian oil exports into an already flooded market as international sanctions against the country are lifted, dragging equity indexes around the world sharply lowe...

Global - Oil plummets to $29, dragging world stocks lower| Reuters

Jan 16, 2016 at 01:15 | Source: FirstPost

NEW YORK Oil prices plummeted to $29 a barrel Friday on the likely resumption soon of Iranian oil exports into an already flooded market as international sanctions against Iran are lifted, dragging equity indices around the world sharply lower.Unsett...

Wall Street swoons on China shock, oil slide| Reuters

Jan 08, 2016 at 00:15 | Source: FirstPost

U.S. stocks were sharply lower on Thursday as market volatility in China and a relentless slide in oil prices unnerved investors, extending the shaky start to the year.China allowed the biggest fall in the yuan in five months, and Shanghai stocks wer...

Wall Street hit by China tumult, oil slide| Reuters

Jan 07, 2016 at 23:15 | Source: FirstPost

U.S. stocks were lower on Thursday, but off their session lows, as market volatility in China and a relentless slide in oil prices unnerved investors, already jittery after a shaky start to the year.China allowed the biggest fall in the yuan in five ...

Unconverted: Contrarian economist unswayed by Feds liftoff | Reuters

Dec 25, 2015 at 02:15 | Source: FirstPost

NEW YORK In the spring of 2014, Mizuho Securities USA's chief economist Steven Ricchiuto planted his flag for the projected date of the Federal Reserves first post-crisis rate hike in mid-2016, further into the future than any of his peers. And he ne...

U.S. short-term interest-rate futures contracts drop after Fed| Reuters

Dec 17, 2015 at 01:30 | Source: FirstPost

U.S. short-term interest-rate futures contracts fell on Wednesday after the Federal Reserve raised its benchmark interest rate for the first time since the financial crisis and forecast further rate hikes would be gradual. The wording of the Fed's po...

Indian industry group to launch first physical gold exchange| Reuters

Dec 09, 2015 at 00:30 | Source: FirstPost

MUMBAI A bullion association in India is planning to launch the country's first physical gold trading exchange, in an attempt to bring transparency to the market for the precious metal in the world's second biggest consumer.The Mumbai-based India Bul...

Wall Street falls as weak Chinese data, oil slump weigh| Reuters

Dec 09, 2015 at 00:15 | Source: FirstPost

Wall Street was lower on Tuesday as oil prices steadied but hovered near their 7-year low and weak Chinese trade data reignited fears of a global economic slowdown.U.S. crude fell below $37 per barrel and Brent below $40 for the first time since earl...

Wall Street set to open lower on China trade data, oil slide | Reuters

Dec 08, 2015 at 23:45 | Source: FirstPost

Wall Street looked set to open lower on Tuesday as weak trade data out of China reignited fears of a global economic slowdown and oil prices continued to slide. Data showed China's imports fell for the 13th consecutive month, with an 8.7 percent d...

Wall Street falls on weak Chinese data, oil slump| Reuters

Dec 08, 2015 at 23:30 | Source: FirstPost

Wall Street slipped on Tuesday as oil prices steadied but remained close to their 7-year low and weak Chinese trade data reignited fears of a global economic slowdown.U.S. crude fell below $37 per barrel and Brent below $40 for the first time since e...

Wall Street jumps as jobs data underscores U.S. economic strength| Reuters

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

U.S. stocks jumped more than 2 percent on Friday as U.S. jobs data suggested the economy was strong enough to sustain a Federal Reserve rate hike this month.Nine of the 10 major S&P 500 sectors were higher. The energy index .SPNY dipped on news t...

Wall Street rallies as jobs data points to strong economy| Reuters

Dec 05, 2015 at 01:45 | Source: FirstPost

The Dow Jones industrial average rose about 2 percent on Friday, its biggest gain in three months, after U.S. jobs data suggested the economy was robust enough for the Federal Reserve to raise interest rates for the first time in nearly a decade.The ...

Fed's Yellen faces battle in 2016 after getting all clear for December hike| Reuters

Dec 05, 2015 at 01:30 | Source: FirstPost

WASHINGTON Federal Reserve Chair Janet Yellen has the clear signs she wanted of labor market healing to push ahead with the first U.S. rate rise in a decade in December, but may have a tougher time selling further hikes to a skeptical board.Yellen's ...

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