Gold drifted lower on Friday and was headed for the seventh weekly drop in eight weeks as investors positioned for a looming US rate hike. A strong US non-farm payrolls report last week…
Posts tagged BL
Wall Street ends higher but pares gains with slide in oil prices (11-12-2015)
US stocks had closed higher on Thursday after a three-day decline but sharply pared gains late in the session as oil dropped to near seven-year lows and the strong dollar weighed on the sentiment.
Global markets steady ahead of Fed meet; oil slips (11-12-2015)
US stocks climbed but other major world equity markets were little changed on Thursday ahead of a widely expected interest rate hike by the Federal Reserve next week, and oil resumed its slide due…
Crude oil tumbles to fresh multi-year low (11-12-2015)
Oil tumbled to fresh multi-year lows in Asia today after the OPEC cartel said output had surged, exacerbating concerns over a supply glut that is expected to persist beyond next year.The Or…
Sensex slips into the red on weak global cues (11-12-2015)
The Nifty and the Sensex opened marginally in the and green and immediately slipped into the red on weak global cues. The Nifty opened 17 points up at 7,700, while the Sensex opened 30 points up a…
Nikkei rebounds as Wall St gains, retreat in yen helps sentiment (11-12-2015)
The pharmaceutical sector led the way on Friday, rising 2.3 per cent as risk-averse investors bought into defensive shares.
Asian stocks head for weekly loss as commodity rout saps confidence (11-12-2015)
Asian shares edged higher on Friday but remained on track for a weekly loss as lower crude prices kept markets on edge after a broad rout in commodities heightened fears about receding global grow…
Rupee recovers, ends 12 paise up (10-12-2015)
Tracking a smart recovery in equities, the rupee on Thursday appreciated 12 paise to end at 66.71 against the greenback following heavy dollar selling from banks and exporters. The domes…
Udai Kumar to take over as MD & CEO of Metropolitan SE (10-12-2015)
Kumar, who has experience of over two decades, is expected to play a key role in the turnaround strategy of the exchange, which posted a loss of ₹15 crore during the September quarter