Oil fell on Monday as an unexpected contraction in China’s service sector fueled fears of slowing demand, although an OPEC supply cut and the prospect…
View More OIL SLIPS FROM 1-MONTH HIGH AS WEAK CHINESE DATA FUELS DEMAND FEARS
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US dollar clings to gains as bets on further Fed hikes firm
The dollar fought for a footing in choppy trade on Thursday, with support from upbeat U.S. data and hawkish policymaker comments, while the prospect of…
View More US dollar clings to gains as bets on further Fed hikes firmGold Steadies Above $1,650 as Safe Haven Appeal Creeps Back in
Gold prices steadied above a major support level on Monday as growing risks of an economic recession spurred some safe-haven demand for the yellow metal. Prices also recovered marginally from…
View More Gold Steadies Above $1,650 as Safe Haven Appeal Creeps Back inOil Heads For Fourth Straight Monthly Loss as OPEC Meeting Looms
Oil prices rose slightly on Friday, but were set for a fourth straight month of losses amid growing concerns over weakening demand, with the focus…
View More Oil Heads For Fourth Straight Monthly Loss as OPEC Meeting LoomsGovt hikes DA by 4% under 7th Pay Commission; details here
The Union Cabinet has hiked the Dearness Allowance (DA) of central government employees and pensioners by 4 percent under the 7th Pay Commission, The hike…
View More Govt hikes DA by 4% under 7th Pay Commission; details here
Indian economy showing resilience and recovery: CEA
However, there are challenges, and geopolitics is messy for which foreign investors are cautious, the CEA said. Chief Economic Advisor (CEA) V Anantha Nageswaran has…
View More Indian economy showing resilience and recovery: CEAOil Prices Hover Near 8-Mth Low as Recession Fears Dent Outlook
Oil prices held near eight-month lows on Monday after falling sharply last week as markets feared that slowing global economic activity will dent demand for…
View More Oil Prices Hover Near 8-Mth Low as Recession Fears Dent OutlookAsian Stocks Slammed by Fed Rate Hike Risks
Asian stock markets sank on Wednesday, tracking overnight losses on Wall Street as investors awaited an interest rate hike and more hawkish signals from the…
View More Asian Stocks Slammed by Fed Rate Hike Risks10-year yields highest since 2011 before expected Fed rate hike
Benchmark 10-year U.S. Treasury yields jumped to their highest level since 2011 on Monday as investors adjusted for the likelihood that the Federal Reserve will hike rates…
View More 10-year yields highest since 2011 before expected Fed rate hikeDow Futures Tick Higher After Indices Post Their Worst Week Since June
U.S. stock futures were trading slightly higher during Sunday’s evening deals, after major benchmark indices posted their greatest weekly losses in 3 months, with investors remaining cautious…
View More Dow Futures Tick Higher After Indices Post Their Worst Week Since June