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Asian shares muted as tech blues offset U.S. tax cut optimism
Tue, Dec 05, 2017
Asian shares were subdued on Tuesday as investors` rotation out of technology shares took a toll on some of the region`s tech heavyweights although hopes of a major tax cut in the United States underpinned risk sentiment.
Gold dips as dollar shines after US Senate clears tax bill
Mon, Dec 04, 2017
Higher rates tend to boost the dollar, making the greenback-denominated gold more expensive for buyers using other currencies. An increase in rates also reduces the incentive for investors to hold onto the non-interest-bearing metal.
Gold price firms on softer dollar but narrow range holds
Wed, Nov 29, 2017
Gold reached a six-week high on Monday as the dollar hit its lowest since late September, but fell short of the $1,300 an ounce level. The metal has traded between $1,265 and $1,300 throughout November.
Rupee holds up high, surges 16 paise against dollar to 64.89
Mon, Oct 30, 2017
The rupee started with a high today strengthening 16 paise to 64.89 against the dollar after the European Central Bank (ECB) said it would soon taper off its monetary stimulus.
Asian markets hover near decade highs; investors eye China Congress
Tue, Oct 24, 2017
Investors are closely watching China and the 19th Communist Party Congress, which winds up on Tuesday and at which President Xi Jinping is expected to release the composition of the Standing Committee.
Asian markets shrugged off sluggishness after US Senate passes budget plan
Fri, Oct 20, 2017
The Republican-controlled Senate voted for the budget measure late on Thursday, which would add up to $1.5 trillion to the federal deficit over the next decade in order to pay for proposed tax cuts.
Asian markets still weak as tensions over North Korea remain elevated
Wed, Sep 27, 2017
Asian stocks hovered near multi-week lows as tensions in the Korean peninsula remain elevated. The dollar climbed to a one-month high and bond yields rose on Wednesday as risks grew for a US interest rate hike in December
Rupee losses against dollar swell, down 18 paise at 65.28
Tue, Sep 26, 2017
A firm dollar, dealers said, against global currencies overseas and domestic equities hitting a soft patch in early trade weighed.
Asia stocks edge lower, focus turns to China markets after ratings cut
Fri, Sep 22, 2017
The dollar was steady at 112.445 yen and on track to end 1.4 percent higher on the week, during which it brushed a two-month high of 112.725 as U.S. yields spiked on the back of the Fed`s hawkish stance.
Asian markets open steady after Wall Street notches record highs
Wed, Sep 20, 2017
Asian markets hit decade high, dollar firm before US Fed meeting
Mon, Sep 18, 2017
Some details of Trump's tax plans may also emerge this week, while elections in Germany and New Zealand will add extra political uncertainty to the mix.
Wall Street's record lifts asian markets to 10-year high
Wed, Sep 13, 2017
Gains were kept in check, however, by a decline in shares of Apple Inc after it unveiled its newest line of iPhones.
Asia stocks down, dollar on defensive, gripped by risk aversion
Wed, Sep 06, 2017
Asian stocks tracked Wall Street`s slide overnight to slip on Wednesday while the dollar was on the defensive with tensions in the Korean Peninsula showing little signs of abating.
Global stocks tumble, yen gains after North Korea fires missile over Japan
Tue, Aug 29, 2017
North Korea has conducted dozens of ballistic missile tests under young leader Kim Jong-Un, the most recent on Saturday, but firing projectiles over mainland Japan is rare.
Rupee stretches gains, up 5 paise at 64.05
Wed, Aug 23, 2017
The rupee firmed up by 5 paise to 64.05 against the US dollar in early trade today on sustained selling of the American currency by banks and exporters.
Asian shares edge up, bolstered by modest gains on Wall Street
Tue, Aug 22, 2017
On Wall Street on Monday, the Dow Jones Industrial Average and the S&P 500 marked modest gains, though the Nasdaq Composite edged down slightly
US Federal Reserve minutes in view, stocks shift higher
Wed, Jul 05, 2017
Stock markets rode out the latest rise in tensions around North Korea on Wednesday, with the main markets in Europe, Asia and the United States all inching higher as attention moved to minutes from the U.S. Federal Reserve`s last meeting.
Rupee spurts 10 paise against dollar, equities support
Thu, Jun 29, 2017
The rupee made a positive start today by firming up 10 paise to 64.45 against the dollar, with domestic equities playing along. According to forex dealers, fresh selling of the American currency by exporters and banks caused by its weakness overseas gave the rupee strength.
Rupee falls 6 paise to 64.59 against US dollar
Wed, Jun 28, 2017
Increased demand for the American currency from importers and banks kept the dollar in fine shape.
Rupee edges up 3 paise against dollar in early trade
Fri, Jun 23, 2017
The rupee opened on a positive note in the early morning trade on Friday whereby it edged up three paise against the US dollar following fresh selling of the American currency by banks and exporters.