Euro dips as market eyes possible ECB stimulus

Last Updated: Tuesday, January 13, 2015, 05:01

The euro dropped somewhat against the dollar and other currencies Monday on expectations the European Central Bank could soon enact monetary stimulus.

China December inflation rises to 1.5%

Last Updated: Friday, January 9, 2015, 13:41

Chinese inflation rebounded marginally in December, the government said Friday, but economists warned of deflationary threats and called for more monetary stimulus to boost slowing growth in the world`s second-largest economy.

Gold price snaps 5-week uptrend on US growth, weak China demand

Last Updated: Saturday, February 1, 2014, 06:21

Gold posted a 2 percent loss for the week, after five straight weeks of gains.

Fin Min says rupee on stronger footing, assures stability in markets

Last Updated: Thursday, January 30, 2014, 19:43

The Finance Ministry on Thursday said the government and RBI are vigilant and all steps will be taken to ensure stability in financial markets.

Global stock selling pauses ahead of central bank meetings

Last Updated: Wednesday, January 29, 2014, 00:48

Investors have been shaken this week as jitters about the withdrawal of U.S. monetary stimulus and slowing Chinese growth have amplified country-specific political turmoil, from Turkey to Thailand to Argentina.

Central bankers at Davos brush off stimulus dangers

Last Updated: Friday, January 24, 2014, 19:45

Fears of economic instability due to the slowing of massive monetary stimulus policies are unwarranted, top central bankers said Friday, amid accusations that the easy money has won only a timid recovery.

Gold price near one-month high as stocks drop on US growth fears

Last Updated: Tuesday, January 14, 2014, 11:14

Gold last traded at USD 1,252.00 an ounce Tuesday, not too far from a one-month peak of USD 1,254.80.

Gold price rallies to highest in a month, reclaims $1,250 level

Last Updated: Monday, January 13, 2014, 12:52

Gold last traded up 0.4 percent at USD 1,251.60 an ounce after hitting USD 1,254.05 earlier - its highest since December 12.

Weak jobs growth unlikely to derail QE cuts: Fed officials

Last Updated: Saturday, January 11, 2014, 03:14

Another cut to bond purchases appears in the offing this month despite data that showed U.S. jobs growth slowed sharply in December, two top Federal Reserve officials said on Friday.

US job growth falters as cold weather grips nation

Last Updated: Saturday, January 11, 2014, 01:59

U.S. employers hired the fewest workers in nearly three years in December, but the setback was likely to be temporary amid signs that unusually cold weather may have had an impact.

Gold price recovers after two days of losses

Last Updated: Thursday, January 9, 2014, 23:06

Spot gold was up 0.4 percent at USD 1,231.00 an ounce, while US gold futures for February delivery were up USD 4.00 an ounce at USD 1,229.50.

Fed more confident US unemployment easing: FOMC

Last Updated: Thursday, January 9, 2014, 01:28

The US Federal Reserve was confident unemployment would continue to fall even if it cut its huge monetary stimulus, according to the minutes released Wednesday of the December policy meeting.