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Japan’s Nikkei was down 0.9 per cent, while Australia’s S&P/ASX 200 was 1 per cent higher with a burst of merger activity in the telecommunications sector.

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 newest report came just two weeks after the Fed decided that the economy’s advance was still too fragile to risk lifting interest rates from their near-zero level, even as it hinted that it might go ahead by December.

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,...

On the Comex division of the New York Mercantile Exchange, gold for December delivery traded down 0.13% to $1,112.30 a troy ounce.

The best performing sector in 3Q was utilities, which was the only one of 10 S&P 500 sectors to close the quarter in positive territory.

The Federal Reserve decided not to lift its key interest rate about two weeks ago, but New York Fed President William Dudley says a rate hike will likely come before 2016.

The number of new applications for USA jobless benefits rose modestly last week and a gauge of the trend in claims fell, pointing to ongoing tightening in the labor market that could push the Federal Reserve to raise interest rates.

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.

And a few worse-than-expected news for the economy is out this hour.

November Brent crude on London’s ICE Futures exchange rose $0.44 to $48.13 a barrel.

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.

She expressed fears that China’s slowdown could cause a ripple effect and drag down US growth.

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,...

Economic policy, however, is no surer, no more confident, certainly no more confident than the US Fed for example.