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Gold hits three-week high as dollar slides to lowest since 2014
Fri, Feb 16, 2018
Data this week showed US producer prices accelerated in January, while initial claims for state unemployment benefits increased in the week ended February 10.
Gold climbs back towards 17-month peak as dollar slips
Fri, Jan 26, 2018
Dollar weakness tends to benefit assets priced in the U.S. unit, which become more affordable for holders of other currencies, while ultra-low interest rates cut the opportunity cost of holding non-yielding bullion.
Dollar slump drives gold to highest since August 2016
Thu, Jan 25, 2018
The lower dollar could also drive prices higher in the United States and increase demand for gold as a hedge against inflation.
Global Markets: Oil, metals rally supports Asian stocks, dollar steady
Wed, Dec 27, 2017
A rally in commodities prices to multi-year peaks pushed resource-linked stocks and currencies higher in Asia on Wednesday, as bullish views on Chinese demand helped copper while supply concerns propped up oil.
US Fed indicates more rate hikes this year; what this means for Indian rupee
Fri, Jun 16, 2017
US Federal Reserve has hiked its domestic rate for the third time in December posing threat to inflows from FPIs in India and thus opening case for depreciation bias in Indian rupee against dollar.
Asia shares slip as U.S. earnings disappoint, dollar gains
Wed, Oct 12, 2016
"The markets had relied on expectations of monetary stimulus for a long time but that is changing with bond yields rising around the world. You have rising interest rates and falling EPS. That`s obviously bad for stocks," said Norihiro Fujito, senior investment strategist at Mitsubishi UFJ Morgan Stanley Securities.
Indian Rupee reaches four-month peak
Tue, Sep 06, 2016
Indian Rupee (INR) has touched four-month high, trading at Rs 66.53 to a dollar, up 0.44%.
Oil up but heads for biggest weekly loss in 8 months
Fri, Sep 02, 2016
"Prices are up on a weaker dollar in the aftermath of the U.S. ISM numbers yesterday and Putin`s latest attempt to stabilise the price," said Saxo Bank senior manager Ole Hansen.
Asian shares retreat as oil slips; Yuan pushes peers higher
Thu, Aug 11, 2016
Broad risk sentiment remains on the back foot as oil prices tumbled on news of a surprising jump in U.S. government stockpiles.
Global markets recoup Brexit losses
Sun, Jul 03, 2016
The Indian equity markets soared this week, touching a new 2016 high. The Brexit effect on the BSE and National Stock Exchange (NSE) was offset with the government clearing the much-awaited 7th Pay Commission recommendations in its Cabinet meeting and stable economic indicators.
Revenues of world's 12 largest investment banks down 25% in Q1: Survey
Tue, May 24, 2016
Investment banks have been hit by a steep decline in oil prices, near-zero interest rates and worries about China's economy, which triggered a wave of volatility in financial markets at the start of the year, normally the most lucrative period when investors put their money to work.