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....
Flash crash trader used series of brokers, companies - documents| Reuters
Apr 24, 2015 at 04:30 | Source:
WASHINGTON/CHICAGO (Reuters) - The British trader blamed for his role in the May 2010 Wall Street flash crash went through a rapid series of brokers and moved his assets around the world, court documents showed.Navinder Singh Sarao, 36, was arrested ...
Brent crude seesaws but heads for 10 percent weekly gain| Reuters
Apr 18, 2015 at 00:30 | Source:
NEW YORK (Reuters) - Brent crude seesawed, while U.S. crude fell on Friday after both contracts rallied to 2015 peaks the previous session, and turmoil in Yemen and the region limited losses.Brent was on pace to post a double-digit percentage gain fo...
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 ...
Oil drops on ample supply, Iran nuclear talks
Mar 17, 2015 at 02:45 | Source:
LONDON (Reuters) - Brent crude oil fell to around $53 a barrel on Monday, its lowest for more than a month, on rising global inventories and signs of a possible nuclear deal with Tehran that could allow more Iranian oil exports.Western powers are hop...
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...
MCX-SX Tweaks Transaction Charges for Currency Futures Trade
Nov 09, 2014 at 22:00 | Source:
New Delhi: Faced with falling volumes and growing competition from rival Bombay Stock Exchange (BSE), MCX Stock Exchange has tweaked its transaction charges for futures contracts traded on its currency derivatives platform. While there would be no&am...
Oil Lower as Growth Worries Weigh
Sep 16, 2014 at 16:02 | Source:
Wall Street Journal
Brent crude oil prices were lower Tuesday, weighed down by concerns about slow economic growth and weak demand. The oil futures contract fell to its lowest level in two years during Monday's trading. It received a temporary boost from the rol...