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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...

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.

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.

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...

The crude being pumped out of USA shale formations helped create a global glut that’s pushed prices down nearly 60 percent since June 2014.

USA energy firms cut 26 oil rigs in the latest week, the biggest reduction since April and the fifth straight weekly decline, data showed on Friday, a sign low prices were pushing drillers away from the well pad. Baker Hughes reported that the gas rig count fell by one to 197 in...

Expectations of lower demand after revelations last month that Volkswagen falsified USA vehicle emission tests, which a few believe could affect demand for diesel cars, hit platinum prices.

USA stocks climbed Friday morning after three days of losses.

Ninety-five percent of Venezuela’s exports result from crude oil. Exports year-to-date to the USA have risen, but remain under pressure.

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.

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.

United States stocks opened sharply lower following the jobs report, which one leading analyst labeled “decidedly bad”.

“Labor has reported a healthy average of 212,000 job gains a month this year, but advances in August slowed moderately to 173,000 – a drop that many economists attributed to a tendency for initial payroll estimates in August to be undercounted because of seasonal...

Brent crude oil was virtually flat at $48.20 a barrel, heading for a near 10 percent fall this month.