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Why is oil price up today, and will Brent crude futures and US West Texas Intermediate go above $102 or drop again? Analysts insights, market outlook and what should investors do nowWhy is oil price up today, and will Brent crude futures and US West Texas Intermediate go above $102 or drop again? Oil crossed $100 after ...
Trump targets George Soros in federal racketeering case: How the billionaire made his massive fortuneDonald Trump has urged federal racketeering charges against George Soros and his son, alleging their support for violent protests across Am...
Oil prices firm on hopes of US policy support for economic growthOil prices saw a slight uptick following positive U.S. inflation data, sparking hopes of relaxed monetary policies and boosted demand. Bren...
Emerging-markets central banks battle a surging dollarThe MSCI Emerging Markets Currency Index has fallen 3.1% since end-September and is heading for its biggest quarterly drop in two years, le...
George Soros: The man who broke UK's central bank and criticised PM Narendra ModiIn a speech at the Munich Security Conference on Thursday, the billionaire philanthropist said he believes the turmoil at Gautam Adani's bu...
Charting the global economy: 'Reglobalization' in the face of economic and geopolitical challengesA US-China trade war, a global pandemic, Brexit and Russia’s war in Ukraine have rattled the once-entrenched ways that the world’s largest ...
Europe's central banks jack up interest rates to fight inflation surgeFuelled initially by soaring oil prices in the wake of Russia's invasion of Ukraine, inflation has broadened out to everything from food to...
Fed is whetting appetite for a half-point rate hikeThe last time they shrank the balance sheet, the Fed set caps allowing holdings to run off at $50 billion a month -- $30 billion in Treasur...
Euro falls to lowest since 2016 vs sterling, Aussie dollar shinesWith Brent crude hitting a nine-year high above $119 per barrel, a dash for resources also gave commodity-linked currencies a lift, with Au...
Euro pinned as war stokes stagflation fearsThe euro was pinned near a 21-month low on Thursday by worries that Russia's invasion of Ukraine will hurt European growth, while commodity...
Exit game: Central banks' shift from crisis policies gathers momentumSouth Korea's central bank on Thursday raised its benchmark interest rate by a quarter of a percentage point to blunt rising financial stab...
10 'outrageous' predictions of Saxo BankIf any of these predictions happen, Saxo said, “the world will feel like a new place this time next year."
Egypt seeks India's help to learn the ropes of SME financingThe visit to India was in collaboration with the India Institute of Banking and Finance to garner expertise of the India's progress in deve...
- January 31, 2014: Mecklai Financial report on rupee
Rupee weakened as investors covered their short dollar positions ahead of the outcome of the US Fed's two-day policy meeting, while weaker ...
- January 30, 2014: Mecklai Financial report on rupee
DXY Index marked four day high of 80.82 levels while declined by 0.47% in later session against basket of six major currencies yesterday.
US government shutdown: Dollar could be the biggest loserIf the fiscal fiasco in the US continues and the Fed delays tapering, emerging market currencies could benefit at the expense of dollar.
US govt shutdown: Dollar funding cost dips, EM currencies to strengthenIf the fiscal fiasco in the US continues and the Fed delays tapering, emerging market currencies could benefit at the expense of dollar
- Rate-cut hopes relieve financial gloom
With the US Fed tipped to cut its key lending rate after a two-day meeting here, stock markets were already savouring the prospect.
- Dollar displaces yen, franc as carry trade favourite
Using the dollar to pay for purchases of currencies with higher yields is proving to be the most profitable trade in the foreign-exchange m...
- IT, BPO sectors feel the heat of Re appreciation
The rising rupee along with wage inflation and increased taxation concerns have started to show their impact on the Indian IT and BPO indus...