Asian gold buyers retreat as prices trapped in tight range
Expectations of a further drop in gold prices and better returns from surging equities in China have tamed demand for the precious metal in Asia despite recent price declines.
Jun 09, 2015, 15:45 PM IST
Europe woes and US rate hike prospects depress stocks, boost dollar
Taking a lead from Wall Street`s slide, MSCI`s broadest index of Asia-Pacific shares outside Japan fell 0.3 percent with Australian and South Korean shares suffering losses. Tokyo`s Nikkei shed 0.3 percent.
May 27, 2015, 08:27 AM IST
Gold price near 1-week high on safe-haven bids; dollar, stocks slip
Gold held overnight gains to trade near its highest in a week on Wednesday, supported by weakness in the dollar and equities, but fund liquidation and uncertainty over the timing of a possible US rate hike kept the rally in check.
May 13, 2015, 09:16 AM IST
Gold price falls on firmer dollar as US rate hike bets intact
Gold dropped for a fifth session in six on Tuesday as a firmer dollar eroded modest gains to drag bullion back below $1,200 an ounce, while prices are likely to come under further pressure amid a looming hike in U.S. interest rates.
Apr 14, 2015, 13:28 PM IST
Gold slips as dollar gains, US rate hike worries drag
Gold dropped for a fourth session in five on Monday as the dollar firmed, backed by expectations the Federal Reserve may be on course to raise US interest rates soon.
Apr 13, 2015, 13:26 PM IST
Gold price near one-week low as US rate hike bets boost dollar
Gold hovered near a one-week trough on Friday and was set to snap a three-week rally, pressured by renewed expectations for a U.S. rate hike this year despite recent soft economic data.
Apr 10, 2015, 08:54 AM IST
Gold price slips on renewed bets for US rate hike in June
Gold retreated for a third session in a row on Thursday after comments from Federal Reserve officials and minutes of the U.S. central bank`s meeting last month suggested that a rate increase in June remained on the cards despite recent weak data.
Apr 09, 2015, 09:21 AM IST
Gold falls 1% as Yellen signals US rate hike on track
"Yellen`s latest comments might just change the course of gold and cause a downward movement in the price from hereon," said Howie Lee, analyst at Phillip Futures, who sees gold dropping to as low as $1,180.
Mar 30, 2015, 14:06 PM IST
Banking stocks slump amid weak market, profit taking
Banking stocks Thursday faced heavy selling pressure and fell by 1-3 percent on profit booking in a weak market.
Mar 19, 2015, 19:33 PM IST
Rupee gains for the 4th day Vs US dollar, up 17 paise
Extending its string of gains to the fourth straight session, the Indian rupee Thursday appreciated by 17 paise to end at 62.52 against US dollar after the Federal Reserve's dovish stance on rates eased outflow concerns.
Mar 19, 2015, 19:13 PM IST
India's record FX warchest set for US Fed rate hike test
Chastened by a tumble in the rupee in 2013 at the prospect of tighter US monetary policy, India has built up record foreign exchange reserves of nearly $340 billion to insulate the economy from capital flight as the United States prepares to lift interest rates.
Mar 19, 2015, 18:08 PM IST
'Economy in much better shape to weather tighter US monetary policy'
India`s economy is in much better shape to weather tighter US monetary policy than it was two years ago, according to the economics team from ICICI Securities PD, the most accurate forecasters on Indian economic data in Reuters polls last year.
Mar 19, 2015, 17:53 PM IST
Late sell-off drags Sensex into red; banking stocks worst hit
The Sensex Thursday closed 152 points down on a late sell-off in bluechips, after rising over 350 points earlier in the session as a dovish Fed stance cooled expectations of an earlier-than-expected US rate hike.
Mar 19, 2015, 17:47 PM IST
Hong Kong stocks end 1.45% higher
Hong Kong shares jumped 1.45 percent Thursday, in line with a broad regional advance after a dovish Federal Reserve statement cooled expectations of an early summer US interest rate hike.
Mar 19, 2015, 13:49 PM IST
RBI prepared to deal with market volatility from US rate hike: Rajan
RBI is fully prepared to deal with any volatility in Indian markets, due to US Federal Reserve's policy action on interest rates, and normalcy will be ensured, Governor Raghuram Rajan said Wednesday.
Mar 18, 2015, 21:15 PM IST
Stocks, rupee gain on hopes US rates wont rise soon
Indian markets put on a good show Tuesday with Sensex recovering from over 1-month lows and the rupee appreciating 11 paise against the dollar as a batch of tepid US economic data triggered hopes Fed will not raise rates soon.
Mar 17, 2015, 19:31 PM IST
Sensex rebounds 299 points on hopes US Fed won't hike rates soon
Tracking positive global cues, the benchmark Sensex Tuesday logged its first rise in three days, gaining about 299 points to end at 28,736.38 as a batch of tepid US economic indicators triggered hopes that Fed will not raise interest rates soon.
Mar 17, 2015, 18:03 PM IST
Emerging markets must prepare for US rate hike: IMF chief
In a speech in Mumbai, Managing Director Christine Lagarde warned the so-called "taper tantrum" that slammed emerging markets in 2013 could be repeated.
Mar 17, 2015, 16:58 PM IST
Gold treads water ahead of Fed meeting, hovers around 3-month low
Gold prices hovered close to their lowest in over three months on Tuesday as traders waited for this week`s Federal Reserve policy meeting to gauge the timing of an U.S. rate hike, while platinum stood near its lowest in 5-1/2 years.
Mar 17, 2015, 09:35 AM IST
India well prepared to deal with impact of US rate hike: IMF
The Fed is widely expected on Wednesday to signal an increase in its low interest rates by June or September, a move that would result in flight of capital from emerging markets, including India.
Mar 16, 2015, 20:32 PM IST
