Global - Oil plummets to $29, dragging world stocks lower| Reuters
Jan 16, 2016 at 01:15 | Source:
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:
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 ...
U.S. Fed puts December rate hike firmly on the agenda | Reuters
Oct 29, 2015 at 01:15 | Source:
WASHINGTON The U.S. Federal Reserve kept interest rates unchanged on Wednesday and in a direct reference to its next policy meeting put a December rate hike firmly in play.Investors had expected the Fed to remain pat on rates, but the overt reference...
Fed puts December firmly on the agenda for rate hike | Reuters
Oct 29, 2015 at 00:15 | Source:
WASHINGTON The U.S. Federal Reserve kept interest rates unchanged on Wednesday and in a direct reference to its next meeting put a December rate hike firmly in play.Investors had expected the Fed to remain pat on rates, but the overt reference to Dec...
Asian shares extend October rally; dollar slips| Reuters
Oct 13, 2015 at 01:45 | Source:
HONG KONG Asian shares rose on Monday, extending an October rally, as investors hunted for bargains in industrials and basic materials, fuelled by a rebound in commodities while the dollar struggled as hopes of a Fed rate rise this year faded. Europe...
Fed begins two-day meeting, result seen too close to call| Reuters
Sep 17, 2015 at 03:30 | Source:
WASHINGTON The Federal Reserve began a two-day policy meeting on Wednesday with economists evenly split on whether Thursday will see the first official U.S. interest rate rise since 2006.The decision by the U.S. central bank's Federal Open Market Com...
Operation to steady China stocks a success, but patient comatose| Reuters
Sep 09, 2015 at 03:15 | Source:
SHANGHAI/HONG KONG Tough medicine for China's ailing stock markets has brought stability to prices, at least for now, but it has come at a cost; equities and futures are trading so thinly that they are in danger of flat lining.Intraday volumes on key...
China stocks jump on U.S. rally, yuan edges up| Reuters
Aug 28, 2015 at 04:45 | Source:
HONG KONG/SHANGHAI China's turbulent stock markets rose sharply on Thursday, helped by a strong rebound on Wall Street on expectations that the U.S. Federal Reserve will respond to days of China-led volatility by delaying an expected interest rate ri...