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Archive for  December 2012

    • News Desk
    • Dec 14th, 2012
    • Comments Off on Treasuries fall on new bond-buying plan

    Treasuries prices fell on Wednesday, with 30-year bonds falling particularly sharply, after the Federal Reserve's announced a new bond-buying program that shifts more of its purchases to the five-year sector. The new easing program fuelled

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    • News Desk
    • Dec 14th, 2012
    • Comments Off on Treasuries fall on new bond-buying plan

    Treasuries prices fell on Wednesday, with 30-year bonds falling particularly sharply, after the Federal Reserve's announced a new bond-buying program that shifts more of its purchases to the five-year sector. The new easing program fuelled

    Read More

    • News Desk
    • Dec 14th, 2012
    • Comments Off on Indian shares fall for fifth straight session

    India's BSE index fell for a fifth session on Thursday, with ITC slumping as index provider FTSE lowered its free float weighting and Hindustan Unilever extending falls on concerns it may have to pay higher

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  • Japan's Nikkei average surged above 9,700 for the first time in eight months, led by exporters, as the yen fell to a multi-month low on mounting expectations of aggressive monetary easing by the Bank of

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    • News Desk
    • Dec 14th, 2012
    • Comments Off on Thursday early afternoon trade: stocks retreat after six days of gains

    US stocks retreated after six days of gains on Thursday as encouraging reports on retail sales and jobless claims were outweighed by the uncertainty surrounding the "fiscal cliff" negotiations in Washington. Drawn-out fiscal negotiations between

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    • News Desk
    • Dec 14th, 2012
    • Comments Off on Wall Street ends almost flat as Bernanke warns on ‘cliff’

    US stocks ended nearly flat on Wednesday, giving up most of the day's gains after Fed Chairman Ben Bernanke reiterated that monetary policy won't be enough to offset damage from the "fiscal cliff." His comments

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  • Sterling slipped from a six-week high against the dollar on Thursday as investors took some profits after the Federal Reserve eased policy and attention switched to US fiscal problems. Some strategists said sterling could strengthen

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  • The dollar was on defensive on Thursday after the US Federal Reserve unveiled a fresh bond-buying stimulus programme but the yen languished at nine-month lows against the US currency on expectations of more money printing

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  • The dollar rose on Thursday, recovering from earlier falls, as traders booked profits on short dollar positions after the Federal Reserve's decision to add more stimulus was broadly as expected. Strategists said future dollar moves

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    • News Desk
    • Dec 14th, 2012
    • Comments Off on Early trade in New York: dollar falls versus euro

    The dollar fell for the fourth straight day against the euro on Thursday as investors digested the Federal Reserve's announcement of further stimulus on Wednesday which is likely keep the US currency weak for some

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