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World markets News
Trade optimism pulls global markets, Dow Jones Industrial Average rises 162 points
Fri, Jan 18, 2019
U.S. Treasury Secretary Steven Mnuchin discussed lifting some or all tariffs imposed on Chinese imports and suggested offering a tariff rollback during trade discussions scheduled for January 30.
Global Markets: Trade optimism lifts stocks, though year 2018 set to end with losses
Mon, Dec 31, 2018
The US benchmark S&P 500 stock index advanced after U.S. President Donald Trump said he held a "very good call" with China`s President Xi Jinping on Saturday to discuss trade and claimed "big progress" was being made.
Global Markets: Dollar, US yields fall on Fed comments; Brexit divorce deal casts shadow
Fri, Nov 16, 2018
Wall Street`s main indexes were little changed in initial trading. Disappointing forecasts by chip companies Nvidia Corp and Applied Materials weighed on sentiment, but that may have been countered by prospects of a less-aggressive path of rate hikes following comments from Richard Clarida, the newly appointed vice chair of the Federal Reserve.
Gold hits one-week low on strong dollar; Fed minutes awaited
Wed, Feb 21, 2018
Gold prices hit their lowest in a week on Wednesday as the dollar steadied after a recovery from last week`s three-year low, while investors awaited the minutes of the U.S. Federal Reserve`s last policy meeting for clues on the pace of interest rate hikes this year.
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 rises on weaker US dollar ahead of US inflation data
Mon, Feb 12, 2018
Spot gold rose 0.6 percent to $1,323.68 per ounce at 0435 GMT. Last week, the precious metal fell 1.2 percent for a second consecutive weekly decline.
Market rout erodes Rs 9.6 Lakh crore investor wealth in 3 days
Tue, Feb 06, 2018
The BSE benchmark Sensex slumped 1,274.35 points to hit the day's low at 33,482.81 today. Post the Union Budget on February 1, the 30-share index has plummeted by 2,164.11 points.
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.
GE posts $10 billion loss, sales drop as power weakens
Wed, Jan 24, 2018
General Electric Co forecast further weakening of its troubled power business on Wednesday as it reported a $10 billion loss and a 5-percent fall in revenue in the fourth quarter, driven by previously-announced charges for insurance losses and taxes.
Oil dips on higher US fuel stocks, but overall market remains supported
Wed, Jan 24, 2018
Oil prices fell on Wednesday, weighed down by data that showed an increase in US crude oil and gasoline inventories. Brent crude oil futures were at $69.83 a barrel at 0444 GMT, down 13 cents from their last close.
Global Markets: US shutdown fears hurt dollar, Treasury yields at highest since 2014
Fri, Jan 19, 2018
The dollar index, which measures the greenback`s value against other major currencies, was down 0.3 percent and close to this week`s three-year lows.
Nikkei closes at 26-year high on yen's softer tone
Tue, Jan 16, 2018
Tokyo stocks closed higher on Tuesday, with 225-issue Nikkei stock index finishing at its highest level in more than 26 years.
Gold hits over four-month high as dollar index slumps to three-year lows
Mon, Jan 15, 2018
Gold prices touched their highest in more than four months on Monday, buoyed by a weaker U.S. dollar, which slumped to three-year lows against a basket of currencies. Spot gold was up 0.3 percent at $1,342.50 an ounce by 0718 GMT after touching its strongest since Sept. 8 at $1,344.44.
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.
Nuclear nerves wipe $1 trillion off world stocks
Fri, Aug 11, 2017
The damage inflicted on world stocks this week by the escalating war of words over North Korea topped $1 trillion on Friday, as investors again took cover in the yen, the Swiss franc, gold and government bonds.