Saturday 27 August 2016
 
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Federal Reserve

Oil jumps to fresh 2016 highs as dollar drops

Oil prices jumped about 3 per cent on Thursday, hitting new highs for 2016 as the dollar weakened after the Federal Reserve announced it would leave US interest rates unchanged. Oil had risen early, the day after an industry group

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Oil jumps to fresh 2016 highs as dollar drops

Oil prices jumped about 3 per cent on Thursday, hitting new highs for 2016 as the dollar weakened after the Federal Reserve announced it would leave US interest rates unchanged. Oil had risen early, the day after an industry group

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Fed raises interest rates, cites upbeat US economy

The Federal Reserve hiked interest rates for the first time in nearly a decade on Wednesday, signalling faith that the US economy had largely overcome the wounds of the 2007-2009 financial crisis. The US central bank's policy-

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World stocks gain after US growth revised higher

World equity markets and the dollar advanced on Friday to end a rocky week on an upbeat note after US economic growth was revised upward again and Federal Reserve said it was on track to raise interest rates this year. World equit

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Fed pits world's woes against domestic growth

Federal Reserve policymakers appeared deeply divided on Saturday over how seriously problems in the world economy will affect the US, a fracture that may be difficult for Fed chair Janet Yellen to mend as she guides the central bank's debate

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Gold close to 5-1/2-year low on US rate worries

Gold dropped for a third session in four on Tuesday, closing in on a 5-1/2-year low, pressured by expectations that the Federal Reserve was well on course to raise interest rates this year. While US data on Monday suggested the wo

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Gold holds above 5-1/2-year low, eye on Fed rates

Gold hovered just above its lowest level since 2010 on Monday, struggling to move higher as the market reckons the US Federal Reserve is moving closer to raising interest rates. The Fed will hold a two-day meeting that ends on Wed

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Oil hits lowest since March on glut fears

Oil prices fell on Monday after closing the previous session at their lowest levels since March on renewed oversupply concerns from the United States and Iraq, although a weaker dollar helped to limit deeper losses. Investors are

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US jobs data sparks slowdown fears

US employers added the fewest number of jobs in more than a year in March, which could heighten concerns over the recent slowdown in economic growth and delay an anticipated interest rate increase by the Federal Reserve. Non-farm

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Gold rises after four-month low

Gold edged up on Wednesday after hitting a more than four-month low in the previous session, while traders remained cautious ahead of the conclusion of a Federal Reserve meeting that may stoke expectations for a mid-year hike in US interest rate

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