Market News
Don't Be Afraid of China's Currency Gift Basket
Wall Street Journal - 12 Dec 2015 09:57
Following a basket is arguably a more rational way for China to let its currency adjust to economic circumstances.
As Commercial Real-Estate Prices Soar, Fed Weighs Consequences
Wall Street Journal - 12 Dec 2015 05:31
Central-bank officials would feel an urgency to act only if they believed the commercial real-estate market could suffer a sharp reversal that destabilizes the financial system or hurts the U.S. economy.
Congress Likely to Lift Oil Export Ban in Spending Deal
Wall Street Journal - 12 Dec 2015 03:59
Congress is likely going to lift the nation's 40-year-old ban on oil exports as part of broader spending and tax legislation, a historic policy change that would reflect momentous political and economic shifts driven by ...
Gold surges by Rs290 on global cues
livemint.com - 12 Dec 2015 10:58
Gold of 99.9 and 99.5% purity zoomed by Rs290 each to Rs26,000 and Rs25,850 per ten grams, respectively
Oil Market Rout: Winners, Losers And Cost Implications For 2016
Forbes - 12 Dec 2015 02:53
The ongoing oil price slump has more or less morphed into a complete rout for the oil and gas business, with profound long term implications the industry as whole and worrying short term implications for some if not all.
Junk-Bond Rout Deepens
Wall Street Journal - 12 Dec 2015 02:43
Traders say the selloff was triggered by the abrupt liquidation of Third Avenue Management's high-yield bond mutual fund.
South Africa's Rand Falls to Record Low
Wall Street Journal - 12 Dec 2015 02:14
South Africa's rand currency fell to an all-time low Friday, as investors delivered a damning verdict on the ouster of the country's respected finance minister.
Robo Advisers Seen Exploding in Popularity
Wall Street Journal - 12 Dec 2015 02:08
A study released this week predicts 'robo' financial-advice services will manage an eye-popping $5 trillion to $7 trillion within a decade, up from under $100 billion today.
Retail Sales: What Is the Real Deal?
Wall Street Journal - 12 Dec 2015 01:41
Adjust for inflation, and retail sales don't look so bad. But that doesn't mean retailers aren't having a rough time.