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US Fed ups key interest rates, hints at more hikesThe US Federal Reserve raised its benchmark interest rate on Wednesday for the first time in a year and signalled that rates could continue to rise next year more quickly than officials had expected, a report said. The increase ra More… |
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Oil jumps to fresh 2016 highs as dollar dropsOil prices jumped about 3 per cent on Thursday, hitting new highs for 2016 as the dollar weakened after the Federal Reserve announced it would leave US interest rates unchanged. Oil had risen early, the day after an industry group More… |
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Oil jumps to fresh 2016 highs as dollar dropsOil prices jumped about 3 per cent on Thursday, hitting new highs for 2016 as the dollar weakened after the Federal Reserve announced it would leave US interest rates unchanged. Oil had risen early, the day after an industry group More… |
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Fed raises interest rates, cites upbeat US economyThe Federal Reserve hiked interest rates for the first time in nearly a decade on Wednesday, signalling faith that the US economy had largely overcome the wounds of the 2007-2009 financial crisis. The US central bank's policy- More… |
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World stocks gain after US growth revised higherWorld equity markets and the dollar advanced on Friday to end a rocky week on an upbeat note after US economic growth was revised upward again and Federal Reserve said it was on track to raise interest rates this year. World equit More… |
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Fed pits world's woes against domestic growthFederal Reserve policymakers appeared deeply divided on Saturday over how seriously problems in the world economy will affect the US, a fracture that may be difficult for Fed chair Janet Yellen to mend as she guides the central bank's debate More… |
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Gold close to 5-1/2-year low on US rate worriesGold dropped for a third session in four on Tuesday, closing in on a 5-1/2-year low, pressured by expectations that the Federal Reserve was well on course to raise interest rates this year. While US data on Monday suggested the wo More… |
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Gold holds above 5-1/2-year low, eye on Fed ratesGold hovered just above its lowest level since 2010 on Monday, struggling to move higher as the market reckons the US Federal Reserve is moving closer to raising interest rates. The Fed will hold a two-day meeting that ends on Wed More… |
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Oil hits lowest since March on glut fearsOil prices fell on Monday after closing the previous session at their lowest levels since March on renewed oversupply concerns from the United States and Iraq, although a weaker dollar helped to limit deeper losses. Investors are More… |
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US jobs data sparks slowdown fearsUS employers added the fewest number of jobs in more than a year in March, which could heighten concerns over the recent slowdown in economic growth and delay an anticipated interest rate increase by the Federal Reserve. Non-farm More… |
