Fed Chairman Ben Bernanke

With the turmoil in currencies and stocks spreading into more emerging markets on Friday, Fed officials, addressing the rout for the first time, offered no hint the sell-off would influence their policy stance unless the US economy were threatened.

In Bernanke's final act, Fed cuts stimulus by USD 10 bn

Fed Chairman Ben Bernanke, who hands the Fed's reins to Vice Chair Janet Yellen on Friday, managed to adjourn his last policy-setting meeting without any dissents from his colleagues. It was the first meeting without a dissent since June 2011 - a sign of how tumultuous Bernanke's tenure has been.

Wall St week ahead: Will Fed end 2013 with bang or whimper?

Fed policymakers gather for the last time in 2013 for a two-day meeting that concludes on Wednesday. Many investors are still expecting the Fed to delay scaling back its USD 85-billion-a-month bond buying program until early next year.

Asian shares slide as data-wary investors take profits

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.4 percent after earlier hitting its lowest levels in almost two weeks.

Nikkei jumps to 3-week high on Yellen remarks

Yellen, who is expected to take over Fed Chairman Ben Bernanke, said the Fed has "more work to do" to help the economy, suggesting she will be in no hurry to taper the central bank's massive bond-buying stimulus.

Why this could be an awful week for commodities

A strong dollar tends to hurt commodity prices, because as the dollar gains in value, then it takes fewer of those dollars to buy an ounce of gold or a barrel of oil.

Obama to Wall Street: This time be worried

While gridlock in DC is nothing new, "this time I think Wall Street should be concerned," Obama said

The party's on in emerging markets-here's why

"We have been looking to get long EM currencies for some weeks now, and while we have gapped today, we think EM FX will continue to gain in coming weeks," Jens Nordvig of Nomura Securities said.

Gold heads for best in five weeks after Fed surprise

Gold was hovering near one-week highs on Friday and was on track for its biggest weekly climb in five weeks after the US Federal Reserve postponed the tapering of its bullion-friendly stimulus measures.

Dow, S&P end at record highs as Fed leaves stimulus intact

Fed announced it would continue buying bonds at an USD 85 billion monthly pace for now, the Dow and S&P 500 indexes quickly climbed to all-time highs.

Wall Street climbs on expectations for modest Fed taper

The policy-setting Federal Open Market Committee began meeting on Tuesday to discuss whether to trim its bond purchases, or quantitative easing. Many investors expect Fed chairman Ben Bernanke will announce a scale-back of purchases by USD 10 billion a month to USD 75 billion, while keeping rates close to zero.

Fed buys some time in push to wind down stimulus

While the Fed said the US economic recovery continued apace, it pledged to continue buying USD 85 billion of bonds each month and pointed to modest growth, higher mortgage rates and low inflation as risks to overall economic well-being. Missing entirely was any mention of pulling back on bond purchases

S&P 500 ends flat as Fed sticks with easy money script

On Wednesday the US markets ended mixed as the Federal Reserve gave no hint that a reduction in the pace of its bond-buying program is imminent.

Gold prices may remain on higher side: Karvy

According to Karvy gold prices may remain on the higher side in today's session on the back of the FOMC meet and positive economic releases from Europe, which would support the euro against the dollar. Remain on the buying side, says Karvy.

Gold slips, but headed for biggest weekly gain in 2 years

Bullion lost nearly a quarter of its value this year on concerns the US Federal Reserve's monthly bond purchases will be pared soon. But gold is now headed for biggest weekly gain in nearly 2 years on easing fears of an early end to US monetary stimulus.

Brightening jobs scene may draw Fed closer to tapering

Employers added 195,000 new jobs to their payrolls last month, the Labor Department said, while unemployment rate held steady at 7.6 percent as more people entered the workforce, this in turn cemented expectations for the Fed to start winding down its stimulus program by September

Gold futures fall below Rs 26000/10 gram on MCX

At 14:50 hours IST, MCX GOLD August contract was trading at Rs 25849 per 10 gram, down Rs 710, or 2.67 percent. The GOLD rate touched an intraday high of Rs 26535 and an intraday low of Rs 25758.

Fed may launch fresh stimulus despite criticism

The Federal Reserve on Wednesday looks set to launch a fresh effort to invigorate the faltering economic recovery, embarking on what could be the first in a series of incremental steps to foster stronger growth.

No high hopes from Obama's speech, says BofA Merrill Lynch

In an interview to CNBC-TV18, Bofa Merrill Lynch Global Research's head of European equities strategy Gary Baker gave a global market outlook and how he sees India performing from hereon.

Goldman says QE3 likely after dovish Fed statement

Goldman Sachs said on Wednesday a third round of quantitative easing from the Federal Reserve is likely after the US Federal Reserve promised to keep rates at extraordinarily low levels for at least two more years.

European shares hit 3-month closing low

European shares fell on Wednesday to their lowest close in nearly three-months following Fed Chairman Ben Bernanke bearish comments on the US economy, with analysts saying more selling expected on the uncertain outlook.

Ignoring the Fed on inflation seen a winning bet

Investors are often told not to fight the Fed, but in the US Treasuries market taking the opposite stance to the Fed has been a winning strategy in the past six months.

Fed hits its 3rd mandate: rising shares: James Saft

Apparently not satisfied with being unable to fulfill its dual target of price stability and maximum employment the Federal Reserve has set itself a third mandate: higher asset prices.

US Fed officials offer dueling views on policy

Two top US Federal Reserve officials offered differing views on monetary policy on Tuesday, with one warning the Fed's ultra-easy stance may soon backfire, and the other saying he is comfortable with it.

Could the US central bank go broke?

The US Federal Reserve's journey to the outer limits of monetary policy is raising concerns about how hard it will be to withdraw trillions of dollars in stimulus from the banking system when the time is right.