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Energy and oil stocks were among the main drivers behind the S&P/ASX 200’s strength, with Santos jumping 8.55% to take its weekly gains to 43%, while Woodside Petroleum advanced 2.6% and extended its weekly rally to 10%.

Mr. Rohit Gadia, Founder & CEO, CapitalVia Global Research Limited said, RBI surprisingly cut repo rate by 50bps, a rate cut by 25bps was expected. “The proposal to reduce the risk weights on low-priced housing loans will incentivise the banks“, said Arundhati...

India’s largest lender, SBI, cut its base rate by 40 basis points (bps) to 9.3 per cent from 9.7 per cent, effective from October 5.

Federal Reserve Chairman Ben Bernanke testifies before the Senate Banking, Housing and Urban Affairs Committee on his re-nomination to the position December 3, 2009 in Washington, DC. Sen. The 5.1% headline unemployment rate would suggest that the labor market is close to normal.

The debt ceiling. On Thursday, Treasury Secretary Jacob Lew warned that the US would exhaust its ability to borrow on November 5 unless Congress increases the debt ceiling. Emerging economies such as Brazil and Turkey are struggling to grow at all.

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.

Axis Bank, private sector bank in India, announced that the bank has reduced its base rate by 35 basis points to 9.50% with effect from October 05, 2015. (The move could pave the way for a relook at the system of base rates – the floor lending rate for banks – and the...

Axis Bank, private sector bank in India, reduced its base rate by 35 basis points to 9.50% with effect from October 05, 2015.

The longtime opponent to the Federal Reserve claims that foreign exchange markets will eventually figure out what USA policymakers are doing, and then we will be facing a currency crisis which could lead to a USA and global stock market crash. Even if rates increase soon,...

Essentially central bankers face a dilemma – either lean more on politicians to do more to boost growth or embark on a new round of experimentation.

The weak September jobs report and downward revisions to the prior two months raised fresh fears about the health of the USA economy, which appears to have weakened amid a slowing global economy and recent market turbulence.

So if you’ve been waiting with bated breath to see whether the Federal Reserve would raise interest rates or not, at least after watching this video you can say, “Now I get it”. Over the past 30 years, there have been 4 major tightening cycles in 2004, 1999,...

Analysts at Commerzbank said: “As we had anticipated, the US Federal Reserve chose not to raise interest rates yet yesterday”.

“Therefore, the Reserve Bank has front-loaded policy action by a reduction in the policy rate by 50 basis points”. As it is, the ASSOCHAM does not expect the exports to go beyond Dollars 268 billion in the current fiscal as against USD 310 billion.

Nothing can move Rajan to reduce rates except the economic fundamentals.