Oil up on Saudi support, China; poll shows less OPEC output| Reuters
Mar 01, 2016 at 01:30 | Source:
NEW YORK Oil prices jumped 3 percent on Monday after China moved to boost its slowing economy and Saudi Arabia pledged to work with other crude producers to limit market volatility, developments that fed hopes the oil selloff would end.A Reuters surv...
Wall Street swoons on China shock, oil slide| Reuters
Jan 08, 2016 at 00:15 | Source:
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:
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:
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:
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:
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:
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:
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:
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 rallies as jobs data points to strong economy| Reuters
Dec 05, 2015 at 01:45 | Source:
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 ...
China hunts for manipulators as stocks tumble| Reuters
Jul 04, 2015 at 01:45 | Source:
SHANGHAI Chinese stocks tumbled again on Friday, taking the week's losses to more than 10 percent, as the securities regulator said it was investigating suspected market manipulation and announced a slew of measures aimed at heading off a full-blown ...
Preview - Fed eyes mixed bag of data as new rate regime nears| Reuters
Jun 18, 2015 at 00:15 | Source:
WASHINGTON The U.S. Federal Reserve is meeting with the possibility of an interest rate hike squarely on the table, but with a different issue center stage: Is the worst of 2015 over?After watching the U.S. economy contract in the first quarter, cent...
Fed seen raising rates in October as job market firms| Reuters
Jun 05, 2015 at 22:45 | Source:
REUTERS - After an unexpected surge in U.S. job gains in May, traders are now betting the Federal Reserve will start raising interest rates as soon as October, and will make a second increase early next year.Traders see a 53-percent chance that the f...
Wall Street, dollar rise as June rate-hike prospects dim| Reuters
May 21, 2015 at 01:15 | Source:
NEW YORK Wall Street and the dollar rose on Wednesday after minutes of a Federal Reserve policymakers meeting last month bolstered bets that the first U.S. interest-rate hike in more than a decade will not come until later in 2015 at the earliest.Acc...
Fed's downgrade of economic outlook signals longer rate hike wait| Reuters
Apr 30, 2015 at 03:45 | Source:
WASHINGTON (Reuters) - The Federal Reserve downgraded its view of the U.S. labour market and economy on Wednesday in a policy statement that suggested the central bank may have to wait until at least the third quarter to begin raising interest rates....