Jul 18, 2012 08:16 AM IST
World stocks and oil prices rose in choppy trade on Tuesday after a gloomy economic outlook by Federal Reserve Chairman Ben Bernanke kept alive views that the US central bank may take further steps to stimulate growth.
- Jul 13, 2012 03:18 PM IST
In an interview to CNBC-TV18, Nick Parsons of National Australia Bank is doubtful that the debt crisis that the euro zone is dealing with is on the mend.
- Jul 10, 2012 11:10 AM IST
Investors have been piling into Treasurys in recent weeks, boosting the dollar. In a sale on July 9, the US Treasury sold three-month bonds at minus 0.005%, and six-month bonds at minus 0.006%. The Treasury says it's the first time they have registered negative yields. This takes place in the context of a temporary pause in the Euro-zone problems.
- Jul 09, 2012 12:57 PM IST
The rising strength of the US dollar will adversely impact commodities, says David Lennox of Fat Prophets.
- Jul 09, 2012 11:51 AM IST
The rupee today breached the 56-mark, down 59 paise at 56.01 against the US dollar on the Interbank Foreign Exchange on high demand for the American currency from banks and importers.
- Jul 05, 2012 04:40 PM IST
Nirmal Bang has come out with quarterly currency outlook. According to the research firm, with the stabilization in peripheral yields coupled with improvement witnessed in euro zone benchmark yield, yield equation is likely to remain supportive for euro.
- Jul 05, 2012 09:02 AM IST
A rally in Asian shares fizzled out on Thursday as markets marked time before the European Central Bank's policy decision later in the day, with the euro staying pressured by widespread expectations of a rate cut to support fragile euro zone growth.
- Jul 02, 2012 07:25 PM IST
Here is a solace! The rating agency Crisil on Monday predicted a rupee level at 50 against a US dollar by March, 2013. The local unit lost nearly 5% since January. The tumbling rupee has so far not shown any big sign of relief in 2012
- Jun 28, 2012 12:02 PM IST
Gold edged up on Thursday after the euro showed some resilience ahead of a European Union summit that is unlikely to deliver new measures to tackle the region's debt crisis and may prompt investors to turn to the safety of the US. dollar.
- Jun 27, 2012 03:58 PM IST
Global banking major Standard Chartered Plc today said its income in the first half of 2012 would be hit by weakness in the Indian rupee against US dollar.
- Jun 27, 2012 09:36 AM IST
Gold regained strength on Wednesday, although concerns European leaders would fail to come up with concrete measures to solve the region's debt crisis could prompt a flight to the safety of the US dollar and dent bullion.
- Jun 27, 2012 06:52 AM IST
Gold was little changed around USD 1,571 a n ounce on Wednesday after falling in the previous session on worries that a global economic slowdown triggered by a worsening debt crisis in Europe could prompt investors to turn to the safety of the US dollar.
- Jun 26, 2012 08:46 PM IST
Global stocks were little changed on Tuesday, while the euro fell to a two-week low against the US dollar on investors' doubts that European leaders would make meaningful progress on the debt crisis at a summit this week.
- Jun 26, 2012 03:30 PM IST
India's largest lender SBI's deposit base for NRIs expanded by a robust Rs 7,000 crore to around Rs 70, 200 crore so far in 2012-13. Encouraged by the response, it now plans to mobilise Rs 16,000 crore of such deposits as against Rs 12,000 crore targeted earlier for the current year.
- Jun 26, 2012 02:00 PM IST
Australia belongs to that exclusive club of countries with a AAA rating and its currency has been resilient, despite worries about slowing growth in its biggest trading partner, China.
- Jun 25, 2012 10:35 AM IST
US 10-year Treasury yields will hit 1% by the end of the year, as the so-called "fiscal cliff" has investors running to the safety of government debt, several market watchers told CNBC on Monday.
- Jun 22, 2012 03:25 PM IST
Geojit Comtrade has come out with its trading strategies on Gold.
- Jun 22, 2012 09:10 AM IST
ICICIdirect.com has come out with its report on currency. According to the research firm one can utilise the lows in the USDINR June contract to buy.
- Jun 22, 2012 06:36 AM IST
Gold regained strength on Friday, but was heading for its biggest weekly loss in a month after fears of a global economic slowdown hit commodities and prompted investors to seek safety in the US dollar.
- Jun 18, 2012 12:36 PM IST
Gold fell for the first time in seven sessions on Monday as the risk of a Greek exit from the euro zone subsided after parties backing a bailout for the country won an election, denting the metal's safe-haven appeal.
- Jun 15, 2012 09:48 AM IST
The rupee today rose by 14 paise to 55.66 against the US dollar in early trade at the Interbank Foreign Exchange market as the American currency weakened against the Euro and other currencies overseas.
- Jun 14, 2012 09:50 AM IST
The suggestion by the former head of Hong Kong's central bank that the city should review its peg to the US dollar and instead think of linking it to the yuan, has not been applauded in financial circles.
- Jun 13, 2012 10:01 AM IST
The rupee rose marginally by 5 paise to 55.75 against the US dollar in early trade today, snapping a three-day fall at the Interbank Foreign Exchange, as the euro showed some strength against the dollar in overseas markets.
- Jun 13, 2012 09:30 AM IST
Governments in Europe should lower taxes and increase salaries to boost growth rather than insisting on austerity and continued saving, famous economist Nouriel Roubini told a German newspaper in an interview on Tuesday.
- May 28, 2012 09:40 AM IST
Oil prices will likely extend losses for a fifth-straight week as fears about a Greek exit from the euro zone and Spain's banking system continue to trigger outflows from riskier assets including commodities and into the relative safety of the US dollar, according to CNBC's weekly survey of oil market sentiment.