Gold price climbs to 3-week high as investors seek safety
Gold hit a three-week high on Tuesday as sliding oil prices knocked stock markets and concerns simmered over Greece`s future in the euro zone, prompting investors to seek out bullion as a safe store of value.
Jan 06, 2015, 21:05 PM ISTGold price firms near $1,200, poised to end 2014 largely flat
For this year, gold has lost 0.3 percent and traded in a USD 260 range, although prices fell to a 4-1/2-year low in November.
Dec 31, 2014, 13:29 PM ISTEuro zone rattled as Greece braces for elections
European markets reflected uncertainty about Greece`s future in the euro zone under a possible Syriza government.
Dec 29, 2014, 19:00 PM ISTECB considers making weaker euro zone states bear more QE risk
Such a move could help persuade a reluctant Germany to back plans to buy state bonds.
Dec 19, 2014, 18:00 PM ISTEuropean shares rise, euro falls as ECB easing bets mount
Stocks rose and the euro hit its weakest in more than two years on Wednesday, a day before a crucial European Central Bank meeting that may pave the way for more monetary easing in the euro zone.
Dec 03, 2014, 15:46 PM ISTEuropean shares at two-month high, oil flat ahead of OPEC
"These results go in the right direction, they must now be consolidated in the coming months," said French Finance Minister Michel Sapin.
Nov 25, 2014, 19:04 PM ISTOECD sees gradual US led recovery despite euro zone weakness
The global economy is only gradually picking up momentum as stagnation in the euro zone and growing weakness in some big emerging economies weighs on the US led recovery, the OECD said on Thursday.
Nov 06, 2014, 17:48 PM ISTFour in five eurozone banks pass ECB health test
A large majority of eurozone banks were given a clean bill of health Sunday by the European Central Bank, fuelling hopes that a major cause of economic uncertainty could soon be eliminated, analysts said.
Oct 27, 2014, 02:33 AM ISTGlobal stocks rise, bond yields steady as ECB seen on hold
Global equity markets rose on Friday, posting their best month since February on strong U.S. data, while German bond yields edged up from record lows as expectations that the European Central Bank would ease monetary policy next week faded.
Aug 30, 2014, 09:18 AM ISTEuro close to cracking on ECB talk, shares on the up
The euro was close to cracking on Wednesday as feverish speculation of further policy stimulus in the euro zone drove bond yields to all time lows and gave a fillip to stocks globally.
Aug 27, 2014, 08:54 AM ISTEuropean markets settle after Portugal-led rout
European shares were still on track to post a sharp weekly loss as investors reassess stretched valuations for global equities amid a slower-than-expected pace of economic recovery in the euro zone.
Jul 11, 2014, 15:24 PM ISTEuro zone has correct fiscal stance to cut debt, help growth: IMF
The euro zone`s fiscal stance strikes the right balance between reducing debt and bolstering demand, the International Monetary Fund said in a statement on Thursday.
Jun 20, 2014, 09:37 AM IST