Search Results for: federal Reserve
Gold stalls as US jobs data keeps door open to Sept Fed hike
August 10th, 2015
Gold had longest weekly losing streak since 1999 Any delay in rate hike expectations won’t fuel gold rally – HSBC (Adds analyst comment, updates prices) Gold steadied not far above a 5-1/2-year low on Monday, with a firm dollar ...
Asia Stocks Swing as Aussie, Copper Slide on China; Oil Retreats
August 10th, 2015
Asian stocks swung between gains and losses and the Australian dollar slipped after a slump in Chinese exports and producer prices. Copper fell, while crude oil retreated toward this year’s low after U.S. producers added rigs. The MSCI Asia ...
This Precious Metal Needs a Silver Bullet
August 6th, 2015
In the past 12 months alone, the benchmark silver-futures contract has declined 27% Once prized as a precious metal that could be put to practical use, silver is now getting the worst of both worlds. Like gold, silver has ...
Markets on alert for UK’s new Super Thursday of economic data
August 6th, 2015
Markets are on alert ahead of the UK’s new economic touchstone, a Super Thursday of economic data. From this Thursday, the monthly rate decision and the minutes of the Bank’s Monetary Policy Committee (MPC) meeting will be released together, ...
Oil hovers near multi-month lows, Brent below $50
August 6th, 2015
Oil hovered near multi-month lows on Thursday with Brent under $50 a barrel after investors sold crude on worries about rising U.S. gasoline inventories as peak summer demand comes to an end. Gasoline stocks in the United States rose ...
China Shares Fall; Japan Rises Ahead of U.S. Jobs Data
August 6th, 2015
Bank, energy firms pressure Australian shares China’s shares fell and bank shares pressured Australia on Thursday, but Japan’s market rose ahead of a key jobs report in the U.S. later this week. The Shanghai Composite Index was last down ...
Brent rises above $50 ahead of U.S. oil stocks data
August 5th, 2015
Benchmark Brent crude oil prices rose above a key support level of $50 on Wednesday, recovering from multi-month lows, as investors await U.S. oil inventories data to gauge supply. Oil markets paused for a breather after prices tumbled about ...
Asian Shares Gain After Rosy China Data
August 5th, 2015
IMF says China likely needs more market liberalization before labeling yuan a reserve currency Asian shares pared earlier losses to trade higher Wednesday after a gauge of China’s service sector reached an 11-month high, outweighing concerns that a rise ...
Here Comes The Next Trillion-Dollar Bailout
August 4th, 2015
As boxers like to say, it’s the punch you don’t see that knocks you out. In a world where a growing part of the financial system is hidden from view and excluded from official statistics, those are words to ...
RBA: Monetary Policy Decision
August 4th, 2015
Reserve Bank of Australia (RBA) at its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate pace, but some key commodity prices are much lower than ...
