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Asian markets calm ahead of Fed decision
Asian markets were having a quiet session ahead of the Federal Reserve decision on QE3 tapering likely to be delivered at 11.30 pm tonight. The only exception being the Japanese Nikkei, which was strong and rallied almost 2% in trade. ...
Why markets are obsessed with Bernanke and Draghi?
Global investors these days, care little what governments say and do. Their prime concern is what central bankers would say and do to stimulate economies. Almost every single report from broking and investments houses, must mention Federal Reserve Chairman, Ben Bernanke ...
Fed's 'operation twist' impact on Indian Markets
The US Federal Reserve finally came out with a twist in its monetary policy operation. Ben Bernanke's Fed has decided to buy $400 billion of long-dated treasury securities by dumping short-dated treasury securities to boost economic activity. Fed's move – ...
Ben Bernanke speech was disappointment for markets
Federal Reserve Chairman, Ben Bernanke, gave a pep talk to booster the sentiments of economy. Meanwhile he down played all concerns about inflation. Although the Chairman did not offer any new insight on the measures that the Federal Reserve may consider ...
Gold trading high, Faber terms Obama's speech 'irrelevant'
Gold futures edges above Rs 28,000 per 10 grams in today's trade after Fed chairman Ben Bernanke failed to verbalize any promise of further Quantitative Easing. Obama also delivered a speech over the joint congress session on Thursday, where he ...
Gold falls in today's trade, stocks up
Gold and stocks generally move in opposite direction. After United States Federal Chief indicated that there is no immediate need for a stimulus package as economy is headed for growth, stocks around the globe took a beating. The trigger led to ...
Gold futures to hover around Rs 27,000
The outlook for Gold looks bit foggy today as investors finding grass greener on the other side. Stocks took a turnaround in early morning trade after falling deep last week as US Fed Chairman Ben Bernanke expressed positive prospect for the ...
Gold to surge in near future: Festive season support demand
Gold edges up again after no immediate actions were visible in Ben Bernanke's speech. Gold fell as much as Rs 25,512 per 10 grams on Thursday due to investors mixed concerns regarding US federal policy. Federal Reserve Chairman Ben Bernanke ...
Gold edges little higher in today's trade with mixed hopes
After snapping a two-day sell off, gold return to its upper zone over investors dubious concerns about a further round of quantitative easing, or "QE", in which a central bank buys assets from banks with electronically-generated cash to pump liquidity into ...
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