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US CORONAVIRUS STIMULUS
Fed minutes show willingness to steer past coming jump in inflationThe United States remains under siege from the health crisis, but with new vaccines being distributed and inoculations running at more than...- Dollar holds gains on optimism for economic outlookSentiment for the dollar has improved recently as progress in coronavirus vaccinations, moves by U.S. President Joe Biden to pass more fisc...
- Gold inches up as recovery concerns offset U.S. stimulus uncertaintyGold is seen as a hedge against inflation and currency debasement likely to result from large stimulus measures.
- US outlook dims; economists say Democratic sweep best for revivalNearly two-thirds of 58 economists who responded to an additional question in the Oct 16-26 poll said there was a high risk that the U.S. e...
- US outlook dims; economists say Democratic sweep best for revivalNew coronavirus infections have touched record levels in the United States recently, and the number of hospitalized COVID-19 Americans jump...
- Rupee opens 5 paise lower at 73.43 against the US dollarOn Thursday, the rupee came under pressure in the latter half of the session following a plunge in domestic equities and strength in the do...
- Dollar holds gains on safety bid as uncertainty grows on several frontsThe dollar last stood at $1.1744 per euro, holding onto a 0.6% gain from the previous session. The pound traded at $1.2936, nursing a 1% lo...
- Gold gains as concerns over US stimulus talks easeGold fell nearly 2% on Tuesday after U.S. President Donald Trump halted negotiations for an additional stimulus package until after the Nov...
- Gold touches six-week low as firm dollar dims appealSpot gold fell 1.2% to $1,877.52 per ounce by 801 GMT.
- At 10% of GDP, Modi's Atma-nirbhar Bharat Abhiyan ranks among biggest in worldBut unlike the most relief packages announced globally, Rs 20 lakh crore is not entirely in new spending and includes Rs 1.7 lakh crore pac...
- Rupee settles 5 paise higher at 75.46 against US dollarOn Tuesday, the rupee had settled at 75.51 against the US dollar.
- Gold prices ease on firmer equitiesSpot gold eased 0.3% to $1,722.49 per ounce by 0135 GMT. U.S. gold futures rose 0.4% to $1,742.60.
- Gold scales over 1-week peak on US stimulus hopesUS gold futures gained 1.1 per cent to $1,758.20.
- Harvard says to keep stimulus grant after Trump vows it will be returnedIn a statement issued moments after Trump's briefing ended, however, Harvard said it planned "to direct 100% of the funds to financial assi...
- Gold ticks up as coronavirus worries deepen, Fed minutes eyedSpot gold was up 0.1% at $1,649.66 per ounce by 1237 GMT, after climbing to its highest since March 10 on Tuesday at $1,671.40.
- US banks borrow at discount window after Fed offers stigma reliefThe outstanding balance was the most since April 2009 and a reversal from negligible sums since the financial crisis.
- Copper eases on hit to economy, metals demandThe US Senate passed a $2 trillion bill aimed at helping unemployed workers and industries hurt by the coronavirus epidemic but it failed t...
- Nikkei posts biggest gain since 2008 on Wall Street surge, US stimulusThe Nikkei average closed at 19,546.63 points after its sharpest one-day advance since the peak of the global financial crisis in October 2...
- US stock futures dip as coronavirus spread overshadows stimulusUS stock futures fell 2.0 per cent after the S&P 500 gained 6.00 per cent on Tuesday.
- Gold gains as virus fears spook equities, boost stimulus expectationsSpot gold was up 0.4% at $1,656.40 per ounce by 10:38 a.m. EDT (1438 GMT), while U.S. gold futures inched down 0.1% to $1,659.
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