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The Federal Reserve’s decision on Thursday to keep short-term rates steady sparked the latest round of selling. “What struck me about [the Fed’s statement] was the reference to what was going on globally”.

“For emerging-market central bankers, the Fed has given them some much-needed breathing room”, Jonathan Lewis, a principal at New York-based Samson Capital Advisors LLC, said.

It said the article, authored by Jonathan Laing, “contains factual inaccuracies and selective use of information, and the conclusions he draws are misleading”. The stock market sided with the publication all day as shares closed Monday’s trading session down...

The USA dollar traded a touch higher against major world currencies, with the euro below $1.14 and the yen at 119.8 yen against the greenback. Investors are concerned with when the interest rate hike could come, as it will be the first in almost a decade following the Great...

BANK OF JAPAN: Japan’s central bank decided to not change its policy calling for 80 trillion yen ($666 billion) in annual asset purchases by the central bank, to help spur inflation and stimulate growth. But Kuroda did not give any clue on the possibility of further easing,...

In early US trading, the Dow Jones industrial average fell 10.79 points, or 0.06 per cent, to 16,729.16, the S&P 500 declined 0.2 points, or 0.01 per cent, to 1,995.11 and the Nasdaq Composite shed 8.01 points, or 0.16 percent, to 4,897.24.

The cartel has upped its expectation for oil demand growth this year by 84,000 barrels per day to 1.46 mn bpd, but revised its forecast lower for next year by 50,000 bpd to 1.29 mn bpd.

“We can only assume the violent moves we’ll see if the Fed actually raises rates”, Boockvar said.

The use of position limits may be expanded to other contracts if upcoming legislation requires them, the exchange added in a statement. So the Fed needs other tools to influence rates. Markets are also split on what a rate move might mean for markets. He says that the outlook for...

The risk faced by the European Central Bank is very different from that of the Fed, and ECB president Mario Draghi is likely to ease monetary policy further with additional quantitative easing. Almost a decade has passed since the U.S. Central Bank has raised its benchmark...

The dollar shrugged off a pair of widely watched economic indicators Tuesday and continued to trade within a tight range against its main rivals as investors waited to see if Federal Reserve policy makers would raise interest rates at their meeting later this week.

The U.S. Federal Reserve will not raise interest rates this week, Turkey’s Economy Minister Nihat Zeybekci predicted Monday. That announcement could feature the first interest rate hike since 2006 and put an end to almost seven years of near-zero percent interest rates.

In comparison, the benchmark Shanghai Composite index finished down by a smaller 2.67%.

While analysts, economists and investors are eagerly waiting to see whether the Federal Reserve raises interest rates after its meeting later this week, Appelbaum drove into the mechanics of how such a rate hike would work in this weekend’s paper.

Commodity prices were broadly flat on Tuesday, with silver softer than gold prices and re-touching last Friday’s 2-week low at $14.30 per ounce.