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Wall Street loses over 1,000 points at open, all three US indexes in correction

Aug 24, 2015

Wall Street loses over 1,000 points at open, all three US indexes in correction

Oil majors Exxon and Chevron fell about 6.6 percent. US oil and gas stocks have already lost about $310 billion of market value this year. #Wall Street #US Federal Reserve #Dow Jones #NASDAQ Composite #New York Stock Exchange #NASDAQ #MarketOpen
If we go by what Keynes said, the world is currently going through a depression

Aug 20, 2015

If we go by what Keynes said, the world is currently going through a depression

The tragedy is that there seems to have been no change in the thought process of those who are in decision making positions. #Interest rates #US Federal Reserve #John Maynard Keynes #Economic Revival #China devaluation #economic depression
Will yuan devaluation, lower inflation prompt RBI to expedite rate cut?

Aug 12, 2015

Will yuan devaluation, lower inflation prompt RBI to expedite rate cut?

The dollar is already strengthening against the euro on the back of a weak euro region brought about by the Greece crisis. The Chinese move will only aggrandise the same. #Economy #HowThisWorks #China #Rupee #US Federal Reserve #Yuan #Great Depression #People's Bank of China
Gold crashes below Rs 25,000 to hit over four-year lows

Aug 06, 2015

Gold crashes below Rs 25,000 to hit over four-year lows

Bullion traders saw a weak trend in gold where it traded at nearly five-year lows in global markets in anticipation of a possible rate hike by the US Federal Reserve in coming months. #Gold #silver #NewsTracker #US Federal Reserve
IMF warns of market disorder from Fed rate hike

Jun 08, 2015

IMF warns of market disorder from Fed rate hike

Furusawa also highlighted the importance of implementing structural reforms by emerging market countries to promote strong, sustainable and balanced growth. #Economy #IMF #NewsTracker #International Monetary Fund #US Federal Reserve #Mitsuhiro Furusawa
Fed-induced rally peters out: Asia stocks fall, dollar steadies

Mar 20, 2015

Fed-induced rally peters out: Asia stocks fall, dollar steadies

The dollar was little changed at 120.725 yen after sinking to the week's low of 119.29 after the Fed's statement #Stock market #Interest rate #US Federal Reserve #Hong Kong
US Fed statement: No rate hike till job market improves, inflation rises

Mar 19, 2015

US Fed statement: No rate hike till job market improves, inflation rises

The statement the Fed issued after its latest policy meeting appeared to catch investors by surprise in suggesting that a rate increase might be further off than many had assumed. Stock prices rose and bond yields fell in the minutes after the news. #United States #Inflation #Interest rates #Rate hike #jobs #stocks #US Federal Reserve