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Dollar creeps higher as world equities prepare for earnings

Last Updated: Monday, July 07, 2014, 14:57

The dollar was on its strongest run since late October on Monday as the momentum of last week`s stellar U.S. jobs data carried markets towards what will be a crucial earnings season for record high shares.

Asia shares mostly down ahead of China data

Last Updated: Monday, July 07, 2014, 14:53

Asian markets mostly fell Monday as investors await the release later in the week of Chinese economic data for June, while the dollar added to last week`s gains following a strong US jobs report.

Global economy weekahead; living in interesting times

Last Updated: Sunday, July 06, 2014, 15:57

The European Central bank cut rates last month and may yet have to resort to quantitative easing to ward off deflation.

Gold price steady, seen vulnerable after strong US jobs data

Last Updated: Saturday, July 05, 2014, 02:02

Gold was down 21 cents at USD 1,319.49 an ounce Friday after falling 1.2 percent to a one-week low of USD 1,309.64 on Thursday.

Gold price hovers below 3-month high

Last Updated: Thursday, July 03, 2014, 12:26

Gold fell 0.3 percent to USD 1,322.60 an ounce Thursday after hitting a 3-month high of USD 1,332.10 hit earlier this week.

Asian stocks tread water ahead of US jobs data

Last Updated: Thursday, July 03, 2014, 08:41

Asian stocks lingered near three-year highs on Thursday as investors waited for the U.S. nonfarm payrolls report to see if the economy is gaining momentum.

US created 9.4 million new jobs in last 51 months: Obama

Last Updated: Wednesday, July 02, 2014, 06:21

Obama said Republicans have a flawed theory of the economy that they cannot seem to get past.

Jobs, cars seen cementing US spring rebound

Last Updated: Sunday, June 29, 2014, 19:32

The United States can firmly consign its weather-beaten start to the year to history this week with June vehicle sales and jobs data expected to show a strong end to the second quarter.

US jobless claims fall

Last Updated: Thursday, June 19, 2014, 20:05

New US claims for unemployment insurance benefits fell last week, continuing to point to a downward trend in job losses, official data released Thursday showed.

IMF cuts US growth forecast; urges policymakers to keep interest rates low

Last Updated: Tuesday, June 17, 2014, 10:38

IMF said US economy will likely grow only 2.0 percent this year, compared with the previous 2.8 percent estimate.

Gold price firm above $1,250; but stock rally curbs demand

Last Updated: Monday, June 09, 2014, 09:13

Gold was firm above USD1,250 an ounce on Monday after U.S. jobs data matched expectations, while a rally in stocks curbed the metal`s appeal as an investment hedge.

Gold price today: Latest updates

Last Updated: Saturday, June 07, 2014, 11:50

Gold posted moderate recovery from its intraday low of Rs 25,755 per ten grams but ended the week below Rs 26,000-mark in futures trade Friday.