Moneycontrol Global Markets

Why currencies aren't going where they should

Sat, 18 May 2013 16:30:27 +0530

The recent Group of Seven (G-7) meeting gave no reason to sell as the group accepted the idea that a weaker currency is inevitable collateral damage from the monetary policy.

Monthly bond-buying process by Fed to continue: Arnab Das

Sat, 18 May 2013 14:24:58 +0530

The Canadian dollar declined for a fifth time in six days versus its US peer as a regional Federal Reserve president said the central bank may begin slowing monthly bond-buying as the labor market strengthens.

Wall Street Wk Ahead: Correction forgotten as rally goes on

Sat, 18 May 2013 11:51:25 +0530

Concerns about a technical correction have been a hot topic for weeks, especially as the rally accelerated in May - the SP 500 is up 4.4 percent so far this month and up nearly 17 percent for the year.

Dow, SP end at records, stocks mark fourth week of gains

Sat, 18 May 2013 09:01:33 +0530

The Dow Jones Industrial Average and the SP 500 finished at fresh record highs, driven by gains in energy and industrial shares.

Global shares bounce off lows after talk of Fed QE exit

Fri, 17 May 2013 17:57:49 +0530

European shares on Friday, lifted off lows, while the dollar held near a 10-month high against a basket of currencies as investors considered the prospect the Federal Reserve might begin easing off on asset buying

Spain's biggest bank says economy's bottomed out

Fri, 17 May 2013 14:22:25 +0530

Market watchers expect the country to show positive growth rates by the final quarter of the year, as consumption and exports recover.

Wall Street ends lower after Fed official's comments

Fri, 17 May 2013 10:05:57 +0530

Based on the latest available data, the Dow Jones industrial average fell 42.47 points, or 0.28 percent, to end unofficially at 15,233.22.

Will China buy up Greece's best assets?

Fri, 17 May 2013 09:52:44 +0530

Greece is hoping that the five-day trade mission, which includes a delegation of around 70 businessmen, can attract investment as the country continues with the privatisation of state-owned assets required under its international bailout deal.

Wall Street slips after Fed comments, but Cisco surges

Fri, 17 May 2013 08:16:39 +0530

The US markets ended lower on Thursday. The three major US stock indexes had earlier traded in a tight range, supported by a gain of more than 12 percent in Cisco Systems shares.

Asian equities steady, Nikkei eases

Fri, 17 May 2013 07:50:47 +0530

Japan's benchmark Nikkei share average eased 0.2 percent, after opening down 0.7 percent as Japanese shares ran into some profit-taking after their recent rally.

Sebi view key to faster put,call options benefits: Expert

Thu, 16 May 2013 21:13:06 +0530

Vivek Gupta of BMR Advisors says, in an interview to CNBC-TV18, Sebi’s reversing its view on put-and-call options by issuing a circular is the fastest mechanism to implement the amendment.

Euro zone in deep recession: Jamal Mecklai

Thu, 16 May 2013 19:16:59 +0530

Jamal Mecklai says, "European Union itself has recorded a deceleration of 0.2 percent from the fourth quarter of 2012 to the first of 2013 and fell 1 percent year-on-year shows the grim state of the 17 nation economy."

Fundamentals of European countries improving: StanChart

Thu, 16 May 2013 18:32:24 +0530

Sarah Hewin of Standard Chartered says the dire risks that the market was concerned about this time last year have receded for the moment.

Dow, SP 500 set records again;investors confident in rally

Thu, 16 May 2013 08:50:55 +0530

US stocks rose on Wednesday, with the Dow and SP 500 hitting new all-time highs in a broad market rally as the recent upward momentum persisted.

Dow, SP 500 end at record highs again, Google jumps

Thu, 16 May 2013 08:21:42 +0530

US market gained on Wednesday as Sow and SP 500 hit all time high. The Nasdaq also hit its highest level since November 2000 although gains were limited by a steep decline in Apple.