Gold Rising From 5-year Lows As Fed Seen Delaying Rate Hike
August 14, 2015
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Gold Rising From 5-year Lows As Fed Seen Delaying Rate Hike

Gold futures on the COMEX division of the New York Mercantile Exchange rose on a…

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China rules out further yuan devaluation
August 14, 2015
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China rules out further yuan devaluation

After devaluing the yuan for a third day, the People’s Bank of China (PBOC) called…

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China raises yuan fix for 1st time since devaluation
August 14, 2015
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China raises yuan fix for 1st time since devaluation

Bloomberg News reported Wednesday the central bank had intervened in the market to buy dollars…

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World stocks rebound as China soothes yuan weakness fears
August 14, 2015
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World stocks rebound as China soothes yuan weakness fears

PBOC says cuts related to July’s rise in yuan loans
August 14, 2015
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PBOC says cuts related to July’s rise in yuan loans

China has set the guiding rate for its yuan currency lower for a third consecutive…

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MARKET & ECONOMICSAsia report: stocks recover as yuan continues to devalue
August 14, 2015
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MARKET & ECONOMICSAsia report: stocks recover as yuan continues to devalue

The People’s Bank of China fixed the yuan at 6.3975 per dollar, slightly down on…

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Fed’s Fischer suggests September rate hike not a done deal
August 13, 2015
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Fed’s Fischer suggests September rate hike not a done deal

On Friday, we learned from the Bureau of Labor Statistics that US companies added a…

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Asian Stocks Stabilize as China Yuan Turmoil Subsides
August 13, 2015
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Asian Stocks Stabilize as China Yuan Turmoil Subsides

China is the world’s second-largest economy, but its exports have dropped and some interpreted the…

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China cuts yuan rate more than 1% against dollar
August 13, 2015
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China cuts yuan rate more than 1% against dollar

That leaves the U.S. government in an “awkward and difficult” position, said Eswar Prasad, a…

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Rupee sheds 29 paise against US Currency
August 13, 2015
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Rupee sheds 29 paise against US Currency

Chief Economic Adviser, Arvind Subramanian said the country needed to be alert.

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