Search Results for: U.S. interest rates
Global growth will be disappointing in 2016: IMF’s Lagarde
December 30th, 2015
Global economic growth will be disappointing next year and the outlook for the medium-term has also deteriorated, the head of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday. IMF Managing Director ...
Global stocks, dollar climb as Fed lifts off
December 17th, 2015
Asian stock markets jumped on Thursday as investors chose to take an historic hike in U.S. interest rates as a mark of confidence in the world’s largest economy, lifting the dollar and piling on the pain for oil prices. ...
Asian stocks at three-week lows on oil drop; Fed eyed
December 8th, 2015
Asian stocks hit three-week lows on Tuesday as a rout in oil prices knocked energy company shares lower and many investors moved to the sidelines ahead of next week’s meeting where the Federal Reserve is expected to raise U.S. ...
Asia shares fall on China caution, yuan jumpy ahead of IMF decision
November 30th, 2015
Asian shares fell on Monday as Chinese stocks extended last week’s sharp losses, while the yuan bounced in volatile trade hours ahead of an IMF decision on whether to promote it to a basket of global reserve currencies. MSCI’s ...
Gold Prices Waver as Fed Decision Awaited
November 27th, 2015
Dollar’s appreciation exerted some pressure on prices Gold prices were slightly lower on the London spot market on Thursday, as the metal fluctuated between fractional losses and gains as investors await the Federal Reserve’s decision on U.S. rates next ...
Gold demand rises 8% in third quarter
November 12th, 2015
Global gold demand rose 8% in the third quarter, boosted by buying from retail investors in key regions scooping up cheaper metal after it fell in price, said the World Gold Council Thursday. Consumption of the precious metal was ...
Why are Some Currencies Stronger than Others?
November 12th, 2015
The currency market is a reflection of the spending power and the demand for assets within a country or union. The higher the demand for assets within the country, the more investors will need to purchase that country’s ...
IMF’s Lagarde Discusses Economic Challenges with GCC Countries
November 9th, 2015
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today at the conclusion of a meeting in Qatar with the finance ministers and central bank governors of the Gulf Cooperation Council (GCC)1 : “I ...
Asian Stocks Track S&P 500 Gains; Aussie Rises as RBA Stays Put
November 3rd, 2015
Stocks rise from Sydney to Seoul as holiday closes Tokyo S&P 500 topped 2,100, back to pre-yuan devaluation levels Asian stocks climbed after signs of stabilization in global manufacturing activity helped drive the Standard & Poor’s 500 Index to ...
Gold Demand in China May Gain to Record, Bullion Bourse Says
November 2nd, 2015
Financial-market turmoil, devaluation seen boosting demand `Investors still prefer gold,’ Chairman Haywood Cheung says Gold consumption in mainland China may match or exceed the record in 2013 after financial-market turmoil and the yuan’s devaluation boosted the metal’s appeal, according ...
