Showing 1 - 2 of 2
Equities wobble, Oil and gold slump as fed move draws near
Business, Published on 13/03/2017
» Recap: The near-certainty of a US Federal Reserve interest-rate increase this week prompted capital flight across Asia last week. With the US dollar strengthening, gold briefly fell below $1,200 an ounce in its worst week in four months, and oil also suffered a sharp sell-off.
Fed, oil and economic worries push down stocks
Business, Published on 10/08/2015
» Recap: Major global stock markets continued to fluctuate last week. The Dow Jones was pressured by underperforming company results and the growing possibility of a Fed rate increase and European bourses fell with global oil prices. Asia's large markets rose, led by gains in China and Hong Kong on growing speculation that the Beijing government would take more steps to restore shaky confidence in equities.