Dec 18, 2012 11:09 AM IST
In an interview to CNBC-TV18, Naveen Mathur of Angel Broking shared his reading and outlook on commodities like silver, crude. For intraday he recommends buying positions of silver on dips at around Rs 61,250, with a stop loss at Rs 60,800, for targets on the upside in range of Rs 61,900-61,950.
- Dec 18, 2012 09:11 AM IST
The differences over how to resolve the "fiscal cliff" narrowed significantly Monday night as President Barack Obama made a counter-offer to Republicans that included a major change in position on tax hikes for the wealthy, according to a source familiar with the talks.
- Dec 18, 2012 08:30 AM IST
Gold struggled to break resistance at USD 1,700 an ounce on Tuesday, with many investors stood on the sidelines in the penultimate week of the year, watching US lawmakers inch towards a deal to avert fiscal calamity.
- Dec 17, 2012 11:43 AM IST
US House of Representatives Speaker, John Boehner's offer to accept a tax rate increase for the wealthiest Americans knocks down a key Republican road block to a deal resolving the year-end "fiscal cliff."
- Dec 15, 2012 03:55 PM IST
This could be the week when markets lose patience with politicians and the "fiscal cliff."
- Dec 15, 2012 10:15 AM IST
The last two weeks of December are traditionally quiet for stocks, but traders accustomed to a bit of time off are staying close to their mobile devices, thanks to the "fiscal cliff."
- Dec 15, 2012 02:00 AM IST
The "fiscal cliff" impasse is raising the odds that Congress will fail to meet a year-end deadline to avert steep tax hikes and budget cuts that could push the nation into another recession.
- Dec 14, 2012 04:44 PM IST
With little else to distract traders, the latest developments in the "fiscal cliff" talks are likely to be the biggest driver for Friday's markets, especially ahead of the weekend.
- Dec 14, 2012 04:20 PM IST
Federal Reserve Chairman Ben Bernanke's presser: He started his press conference with stocks just off the highs of the day, but ended at the lows.
- Dec 14, 2012 04:12 PM IST
The measures likely to be adopted to reduce US budget deficit may not be enough to address the deep-seated problems of American public finances.
- Dec 14, 2012 01:39 PM IST
In an interview to CNBC-TV18 Henry Mcvey, managing director, KKR shared his reading and outlook on the US markets. He says, with the extension of quantitative easing three (QE3), Fed is basically is trying to create a buffer to prevent deflation and also prepare the markets for risk taking in 2013.
- Dec 14, 2012 09:21 AM IST
Tim Ghriskey, CIO, Solaris Asset Management explains to CNBC-TV18 that the threat of the fiscal cliff has been reduced to an issue of time. Ghriskey also adds that the Fed‘s announcement, though a bit unexpected, would kick-start the cessation of the easing environment enjoyed by the Fed for sometime now.
- Dec 14, 2012 04:02 AM IST
A seven-day rally in world shares came to a halt and commodity prices slipped on Thursday after negotiations over the U.S. "fiscal cliff" hit a wall, with both Republicans and the White House voicing frustration at the lack of progress.
- Dec 13, 2012 09:02 PM IST
A tentatively improving global economy and plentiful central bank cash should foster gains for the world's major stock markets next year, a Reuters poll of more than 250 analysts showed.
- Dec 13, 2012 02:10 PM IST
Analysts will be hard pressed to explain how equity markets ended unchanged on the day of an unprecedented policy announcement from the Fed.
- Dec 13, 2012 12:32 PM IST
Nicholas Ferres of Eastspring Investments said they are cautiously positioned at the moment. Going into the year end, Ferres is modest underweight on equity and underweight on US equities.
- Dec 12, 2012 08:20 PM IST
More public jousting in the "fiscal cliff" talks is expected from Democrats and Republicans on Wednesday in what has become a daily ritual of demanding more specific proposals to avert the steep tax hikes and budget cuts set for the end of the year.
- Dec 12, 2012 02:59 PM IST
Dhananjay Sinha of Emkay Global Financial Services believes the issue of the banking bill has been going on in parliament for quite some time and most of it has been priced into the market. Therefore, any incremental trigger from the news would be limited at this juncture
- Dec 12, 2012 02:05 PM IST
Shane Oliver of AMP Capital Investors explains to CNBC-TV18 that with the fiscal cliff in the US nearing resolution, economically healthier emerging markets and the presence of stimulus halting the crisis in the euro-zone, global markets are set to rise all through 2013.
- Dec 12, 2012 01:10 PM IST
The US will likely avoid the "fiscal cliff" but it could be a bit hairy before politicians reach an agreement, former Federal Reserve Chairman Alan Greenspan told CNBC's "Closing Bell" on Tuesday.
- Dec 12, 2012 11:50 AM IST
Oil to Stay Rangebound as 'Fiscal Cliff' Worries Offset China Optimism
- Dec 12, 2012 08:39 AM IST
The US stocks finished in positive territory, with the Dow logging a five-day win streak, but off their session highs after senate majority leader Harry Reid threw cold water on the ongoing "fiscal cliff" negotiations saying that it will be hard to reach a budget deal by Christmas.
- Dec 11, 2012 03:42 PM IST
Sarah Hewin, Regional head of research, Standard Chartered, says that there are chances that the Greek authorities will achieve the target of 30 billion euros of debt buyback set by themselves and hopefully they may get next tranche of bailout from the EU Council.
- Dec 10, 2012 11:02 AM IST
UR Bhat, MD of Dalton Capital Advisors believes the Nifty may see 6,000 levels if the reform momentum continues. He also added that the markets could be volatile due to the fiscal cliff negotiations.
- Dec 09, 2012 01:13 PM IST
After gaining around 16 per cent this year, gold prices are unlikely to cross the Rs 32,000 mark in the near-term due to year-end profit-booking activities and investors adopting a cautious stance amid the progress over US fiscal cliff talks, market experts have said.