Search Results for: India
Hong Kong shares slip on weakness of casinos, China stocks off too
July 7th, 2014
Hong Kong shares fell on Monday with Macau casinos under selling pressure after last week’s strong rebound, while China markets were also weaker as investors await major economic data later this week. At midday, the Hang Seng Index was ...
Rupee retreats from lows as cbank steps up dollar purchases
July 4th, 2014
Rupee was trading at 59.80/81 versus its close of 59.73/74 as the central bank steps down dollar purchases while a fall in the domestic sharemarket also hurts. Dealers say the central bank has been spotted buying dollars sporadically via ...
China shares slip from 2-week highs, but property stocks have solid gains
July 4th, 2014
China shares slipped from two-week highs on Friday as investors took profit on recent outperformers, though solid gains by property counters kept the losses small. The Shanghai Composite Index, which rose the first four days of the week, inched ...
Copper rises 0.22% on spot demand
July 3rd, 2014
Copper prices moved up by 0.22 per cent to Rs 439.60 per kg in futures trade today as speculators created fresh positions on rise in demand in spot market. At the Multi Commodity Exchange, copper for delivery in November ...
Bonds trade flat as US treasury yields keep rise in check
July 3rd, 2014
Benchmark 10-year bond yield trades flat at 8.66 per cent amidst optimism over falling oil prices and expectations that monsoon showers would help keep food inflation in check, even as a rise in US treasury yields hurts. US treasury ...
Nikkei snaps 3-day winning streak as market awaits US payrolls
July 3rd, 2014
Japanese stocks dropped on Thursday, snapping a three-day winning streak as investors took a breather from recent gains as they awaited the outcome of the US jobs data later in the day. Toshiba Corp, however, soared on a report ...
Emerging Stocks Advance as Oil Declines While Europe Stoc
June 30th, 2014
Emerging-market stocks rose, extending the biggest quarterly advance since September 2012. Shares in Europe fell, while oil declined as continuing violence in Iraq failed to disrupt supply. The MSCI Emerging Markets Index (BUSY) climbed 0.4 percent at 7:25 a.m. ...
Symmetry between prices of gold and crude oil coming apart
June 27th, 2014
A five-year symmetry between international prices of gold and crude oil is coming apart with investors drifting away from the yellow metal as their risk aversion diminishes. Historically, both these commodities had positive correlation, with their prices moving in ...
Emerging-Market Target Practice
June 26th, 2014
Central bankers want only a few things. To achieve any of them they usually seek to nudge inflation expectations, demonstrate the transparency of monetary policy, and establish their institutions’ credibility. To communicate their intentions simply and clearly, they may ...
U.S. Ruling Loosens Four-Decade Ban On Oil Exports
June 25th, 2014
The Obama administration cleared the way for the first exports of unrefined American oil in nearly four decades, allowing energy companies to start chipping away at the longtime ban on selling U.S. oil abroad. In separate rulings that haven’t ...