Euro off as ECB seen easing further; Wall Street ends flat| Reuters
Nov 26, 2015 at 04:15 | Source:
NEW YORK The U.S. dollar gained and the euro briefly hit a seven-month low on Wednesday in a volatile session on views the European Central Bank will ease monetary policy further, including buying more debt and charging banks for hoarding cash.The gr...
Dollar rises on manufacturing data, holds off euro rebound | Reuters
Nov 26, 2015 at 02:45 | Source:
NEW YORK The dollar rose on Wednesday, holding near multi-month highs against a basket of currencies as the latest batch of U.S. economic data continued to support views the Federal Reserve will raise interest rates in December. Manufacturing output ...
Euro falls; strong dollar weighs on oil| Reuters
Nov 26, 2015 at 01:30 | Source:
NEW YORK The dollar gained and the euro fell as far as a seven-month low on Wednesday following a Reuters report that the European Central Bank is weighing further easing monetary policy soon, including buying more debt and charging banks for hoardin...
Nine Fed banks called for discount rate hike: minutes | Reuters
Nov 25, 2015 at 01:45 | Source:
WASHINGTON The number of regional Federal Reserve banks pushing for a hike in what commercial banks are charged for emergency loans rose to nine in October, a sign the U.S. central bank may be close to tightening monetary policy, minutes from its dis...
In the dark - Cheap ECB cash muddies market rate signals | Reuters
Nov 25, 2015 at 00:30 | Source:
LONDON As the European Central Bank prepares to ramp up its quantitative easing programme, concern is growing that the flood of cheap cash is squeezing markets once seen as vital channels for signalling and enacting monetary policy.Volumes in the eur...
Pressured by dollar gains, commodities hit 13-year low| Reuters
Nov 24, 2015 at 04:15 | Source:
NEW YORK A measure of commodity prices hit its lowest in 13 years before bouncing back as the expectation of higher interest rates in the United States lifted the dollar to its highest in eight months.Stocks in major markets ticked lower after five d...
Gold drops towards 6-year low on dollar, U.S. rate hike view| Reuters
Nov 24, 2015 at 00:15 | Source:
LONDON Gold fell nearly one percent on Monday, heading back towards last week's near six-year low, on a robust dollar and upbeat comments from Federal Reserve officials on a possible U.S. rate hike next month. Spot gold was 0.7 percent lower at $1,07...
Arun Jaitley to meet PSU bank chiefs today; may discuss NPAs, rate cut
Nov 23, 2015 at 09:59 | Source:
Finance Minister Arun Jaitley will meet heads of PSU banks on Monday to discuss various issues, including bad loans and interest rate reduction, in light of the RBI lowering its policy rate in September.The performance review meeting of public sector...
Fed will want more uncertainty on rates after hike - Bullard| Reuters
Nov 20, 2015 at 23:45 | Source:
FORT SMITH, Ark. The U.S. Federal Reserve will want more uncertainty surrounding possible interest rate moves on a meeting-by-meeting basis after an initial rate hike, St. Louis Fed President James Bullard said on Friday."I think we are going to...
BOJ keeps policy steady despite recession, sees capex rebound| Reuters
Nov 20, 2015 at 02:45 | Source:
TOKYO The Bank of Japan kept its monetary stimulus programme unchanged on Thursday, with Governor Haruhiko Kuroda holding fast to his view that the corporate capital expenditure vital to economic growth will pick up - suggesting that no new monetary ...
IFC issues new masala bonds under its $3 bn Global Rupee Bond Programme
Nov 19, 2015 at 18:34 | Source:
IFC, the private investment arm of the World Bank Group, has announced a new issuance of its Rs 1.7 billion masala bond. This issue of the masala bond, listed on the London Stock Exchange, has been completely subscribed by KBC Asset Management SA, a ...
Gold dives close to six-year low on Fed rate hike buzz
Nov 19, 2015 at 05:56 | Source:
LONDON: Gold sank Wednesday close to the lowest level in nearly six years, as the dollar rallied on prospects for a December interest rate hike from the US Federal Reserve.The price of gold slumped in Asian trading hours to $1,063.55 per ounce, forgi...
Asian shares slip, copper tumbles as worry takes toll| Reuters
Nov 19, 2015 at 03:15 | Source:
TOKYO An index of Asian shares fell on Wednesday as copper prices tumbled and another bomb scare in Europe and gunfire in the French capital hurt risk appetite, while bets that the Federal Reserve remains on track for a rate hike underpinned the doll...