The gold price surged by almost $40 or over 3% on Friday, at its peak and is trading only slightly weaker at around $1,135 per troy ounce as the new week gets underway.
All three major US indexes have gained since Friday when a weak U.S.jobs report led to expectations that the Federal Reserve would not raise interest rates this year, meaning the era of near-zero interest rates would continue. Stocks had trimmed a few of their gains earlier in...
But the survey suggested stronger demand from Europe and Africa, and a few economists saw it pointing to more normal growth rates rather than potential stagnation. But the weakening outlook in the United Kingdom, where the services PMI has now fallen for the third consecutive...
Iran’s president Hassan Rouhani, speaking on the sidelines of the UN General Assembly meeting in New York, said removing Mr Assad could turn Syria into a safe haven for extremists.
The USA has experienced soft patches in job growth before in this expansion, and officials have been expecting job growth to slow from its quick pace earlier this year and last.
The rate of United Kingdom economic growth slowed to a two-and-a-half year low in September, according to PMI survey data, suggesting that the economy sank further into a soft patch at the end of the third quarter.
In its third rate cut this fiscal (20 bps in April and 10 bps in June), Axis Bank cut its base rate to 9.50 per cent from 9.85 per cent. “The new rate will be with effect from October 5, 2015″.
Language, however, no matter how beautifully expressed, can not replace facts and reality. “During Obama’s speech, people were yawning”. Poverty and the environment, trade and development. Instead, he will take a long-term approach and address human rights...
In a speech late Thursday, Fed Chair Janet Yellen, who spoke a week after the Fed delayed a long-anticipated rate hike, said she and other Fed policymakers do not expect recent global economic and financial market developments to significantly affect the central bank’s policy.
Adoption of the 17 Sustainable Development Goals, or SDGs, caps three years of brainstorming and negotiations with input from almost every corner of the world, organizers say, and provides a roadmap for countries to finance and create change.