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Fed's Fischer sees inflation rebound, allowing gradual rate hikes

Last Updated: Sunday, August 30, 2015, 09:17

US inflation will likely rebound as pressure from the dollar fades, allowing the Federal Reserve to raise interest rates gradually, Fed Vice Chairman Stanley Fischer said on Saturday in a speech careful not to overreact to a possible Chinese slowdown.

Gold falls on dollar, investors monitor China, Fed policy

Last Updated: Wednesday, August 26, 2015, 18:23

Gold slipped one percent on Wednesday as the dollar gained and European shares recouped some of their losses, while investors closely monitored China`s efforts to support its economy.

US industrial production up

Last Updated: Saturday, August 15, 2015, 09:37

The US industrial production rose for the second month in July, driven by surge in auto production, the Federal Reserve said.

Dollar up on Fed rate bets, earnings lift world shares

Last Updated: Wednesday, August 5, 2015, 16:59

The dollar rose to its highest in more than three months on Wednesday after a Federal Reserve official said the central bank was close to raising interest rates, while solid European corporate earnings propelled stocks higher.

Monsoon, Fed impact next trigger for rate cuts: Moody's

Last Updated: Tuesday, August 4, 2015, 15:55

The progress of monsoon, crude prices and the impact of US Fed rate action, going forward, will determine RBI's ability for more monetary easing, said global rating agency Moody's.

Dollar ticks up after falling on US wage report

Last Updated: Monday, August 3, 2015, 09:37

The euro bought $1.0985 and 136.23 yen, slightly higher than $1.0984 and 136.10 yen in US trade.

Asian dividend funds turn to China, India to counter US Fed hike

Last Updated: Monday, August 3, 2015, 08:41

Some fund managers say they are shifting from traditional favourites such as investment trusts, telecoms and utilities to emerging market companies offering faster earnings growth and cheaper valuations.

Gold extends weakness after worst month in 2 years

Last Updated: Monday, August 3, 2015, 08:25

Spot gold was down 0.2 percent at $1,092.80 an ounce by 0019 GMT. The metal fell as low as $1,079.50 on Friday before recovering at the close. That was near last month`s trough of $1,077, its weakest since February 2010.

Gold hovers near 5-1/2-year low, Fed spurs Sept rate hike view

Last Updated: Thursday, July 30, 2015, 08:35

Spot gold was flat at $1,096.75 an ounce by 0036 GMT. It sank to as low as $1,077 last week, its weakest since February 2010.

Gold stuck near 5-1/2-year low as Fed hike looms

Last Updated: Tuesday, July 28, 2015, 08:27

The Federal Reserve begins a two-day meeting later in the day where policymakers are likely to signal further that a rate hike later in the year is certain as the U.S. economy strengthens.

Gold holds above 5-1/2-year low, but more weakness seen

Last Updated: Monday, July 27, 2015, 09:04

Spot gold was flat at $1,097.96 an ounce by 0229 GMT after falling for a fifth straight week last week, the longest run since late 2012.

Asian shares broadly softer as Fed looms

Last Updated: Monday, July 27, 2015, 08:36

Japan`s Nikkei slipped 0.5 percent, while MSCI`s broadest index of Asia-Pacific shares outside Japan lost 0.8 percent.