Market News

Trading may remain choppy; Asian stocks open lower after US markets close in red

If most Americans are hard-pressed to save for retirement, it's not due to lack of savings vehicles nor tax breaks. There are plenty of those to go around.

The Mad Doctors of Wall Street are once again in their labs, conjuring up freaky new investment products to dump on unsuspecting retail clients.

Equities adrift, bond yields pop to two-year high.

Exchange manages to collect `80.59 cr only till Monday against its liability of `174.72 cr as its first payout today

(Kitco News) - Comex gold futures prices ended the U.S. day session moderately lower in uneventful summertime trading Monday. Early on, the yellow metal hit a two-month high. The bulls have gained upside technical moment...

From fewer repos to lower inventories of bonds, financial institutions are responding to more stringent capital standards imposed by regulators

(Kitco News) - The recent correction lower in equities, bargain hunting and the ability of gold prices to bounce from their late-June lows are all factors that have stopped the long-running slide in holdings of gold exch...

Govt to sell `6,000 cr of 8.20% 2025 bonds, `3,000 cr each of 8.32% 2032, 8.12% 2020 and 8.30% 2042 bonds

Wall Street is optimistic about PetSmart, which is slated to report its second quarter results on Wednesday, August 21, 2013. Analysts project a profit of 86 cents a share, a rise from 71 cents per share a year ago.

Typically, global consumer interest in phones peaks within two months of the launch and then starts dwindling. Google Trends search volume graphs illustrate this pretty effectively. Recent Windows smartphones have fallen...

The sharply lower weekly close in the major averages last week was consistent with the deterioration in the technical studies, especially the market internals. These indicators, as well as the OBV on key ETFs like the Sp...

Stimulus slowdown, economic recovery hit US bonds; Indian rupee hits record low vs dollar

The S&P 500 June quarter earnings growth was negative when excluding the financial companies.

Two classic stock market yardsticks say the same thing: don't expect big returns in the future.

(Kitco News) - A price rally inspired speculators to build bullish positions in precious metals futures and options traded on the Comex division of New York Mercantile Exchange and the Nymex, confirming many market parti...

Emerging equities lose 1% as US Treasury yields rise to new two-year highs; Indonesia's rupiah sinks to four-year lows

Previous periods when the rupee had depreciated sharply have been accompanied by declines in the benchmark index

With little in the way of key economic data due on either side of the Atlantic this week, foreign exchange (forex) market moves are likely to be range bound. Let's hope that this week becomes one where liquidity is deepe...

The current account remains in deficit for seven quarters and overseas sales decreased for a 15th month in June

The benchmark 10-year yield rose three basis points to 2.86% at 12.01 am in New York

Five-year credit default swaps on SBI traded at 351 basis points, 45 basis points up from Friday's close