Nov 19, 2012 01:36 PM IST
Gold gained on Monday after dropping by 1 percent last week as the dollar came off the previous session's highs, while rising tension in the Middle East and continued US discussions to resolve fiscal difficulties lent support.
- Nov 19, 2012 10:36 AM IST
The "fiscal cliff" sounds like a scary place. Headlines about "taxmaggeddon" are flashing on TV screens, next to clocks ticking down to January 1.
- Nov 17, 2012 01:19 PM IST
In an interview to CNBC-TV18 Ryan Detrick, chief technical strategist at Schaeffer's Investment Reseach talked about his take on the day's trading action. He also talked about how Wall Street is performing now.
- Nov 17, 2012 11:34 AM IST
This week, the similarities between US and Japan, two of the world‘s economic heavyweights became more apparent, with both starting to resemble ugly twin sisters.
- Nov 17, 2012 11:00 AM IST
Some investors believe the fiscal cliff could provide buying oppurtunities as they watch favorite stocks tumble during the political give-and-take happening in Washington.
- Nov 17, 2012 08:13 AM IST
Hope that US politicians would find common ground to steer clear of the "fiscal cliff" boosted stocks on Friday, though the gains were not enough to offset the week's losses.
- Nov 17, 2012 07:52 AM IST
President Barack Obama and top lawmakers agreed on Friday to work on a framework for reforming the US tax code and "entitlement" programs next year, in what could be an important first step in averting the upcoming ''fiscal cliff."
- Nov 17, 2012 03:26 AM IST
US stock markets ended higher on Friday on hopes that politicians would find common ground to steer clear of the "fiscal cliff" that would hurt the US economy, while escalating tensions in the Middle East boosted oil prices
- Nov 16, 2012 09:12 PM IST
Efforts to avert the "fiscal cliff" began in earnest on Friday as President Barack Obama met with top U.S. lawmakers to work on a deal to head off year-end across-the-board tax hikes and spending cuts that could push the economy back into recession.
- Nov 16, 2012 03:28 PM IST
With the US fiscal cliff looming large, Benoit Anne of Societe Generale feels global markets at the moment are going through a wait and watch period. According to him, the time is still not ripe to go for buying opportunities, at least till December.
- Nov 16, 2012 12:55 PM IST
In an interview to CNBC-TV18, Richard Titherington, CIO & Head-EM Equity at JP Morgan AMC spoke about the in line results of the US elections and how the focus has now shifted entirely to the Fiscal issues.
- Nov 16, 2012 10:26 AM IST
China faces growing global economic risks in 2013, with the looming fiscal cliff in the United States, Europe's debt crisis and rising trade tensions all threatening growth in the world's second-biggest economy, senior officials warned on Friday
- Nov 16, 2012 09:36 AM IST
Gold traded slightly lower on Friday, heading for a weekly loss of about 1 percent, as festering uncertainty over the outlook for the global economy dragged on prices.
- Nov 15, 2012 07:36 PM IST
Gold eased on Thursday as evidence that Europe's debt crisis has hurt economic growth knocked equities lower and the dollar firmed against a currency basket, but worries about the approaching U.S. 'fiscal cliff' underpinned prices.
- Nov 15, 2012 04:22 PM IST
Brent crude steadied above $109 a barrel on Thursday as violence in the Gaza Strip sparked worries about supply disruption and offset concerns that a slowing global economy could hit demand.
- Nov 15, 2012 01:19 PM IST
The rupee fell by 12 paise to 55 against the American currency in the late morning trade on sustained dollar demand from banks and importers amid weakness in local equities.
- Nov 15, 2012 11:56 AM IST
In 2011, the United States emerged from a damaging budget battle with a downgrade of its pristine triple-A rating for the first time in history. In 2013, it could be dealt even a bigger blow.
- Nov 15, 2012 10:19 AM IST
President Barack Obama said on Wednesday that Republicans would have to agree to raise taxes on the wealthy as the first step in a budget deal that would prevent a dysfunctional Washington from pushing the economy into recession.
- Nov 15, 2012 09:10 AM IST
A flurry of Fed speakers will probably not be enough to distract traders from their obsession with the "fiscal cliff" Thursday.
- Nov 13, 2012 03:40 PM IST
World oil prices dropped today as traders worried over the Greek debt crisis, weak global economic outlook and a looming "fiscal cliff" in the United States -- which is the world's biggest oil consumer.
- Nov 13, 2012 11:50 AM IST
Stocks could give Washington a pass until there are more signs of whether `fiscal cliff` negotiations will go smoothly or turn into a hot-headed showdown.
- Nov 13, 2012 09:01 AM IST
The International Energy Agency trimmed its oil demand forecast for this year as the weak global economy and the impact of Hurricane Sandy in the US weighed on crude consumption.
- Nov 13, 2012 08:00 AM IST
US stocks were little changed in a lightly traded session on Monday, with investors limiting bets ahead of what could be a drawn-out battle over the "fiscal cliff."
- Nov 12, 2012 09:42 PM IST
US stocks mostly ticked higher on Monday, but persistent concerns about the upcoming debate on the fiscal cliff limited gains even after last week's steep sell-off.
- Nov 10, 2012 10:37 AM IST
Newly re-elected President Barack Obama offered on Friday to deal with Republicans to avert a looming US fiscal calamity but insisted a tax increase for the very rich must be part of the bargain.