trade war

 

Rupee recovers from record lows as dollar rally ease, jumps 21p to end at 68.84

Jul 20 2018

The rupee today staged an impressive rebound from life-time low levels, surging by 21 paise to end at 68.84 against the US dollar on suspected the central bank's intervention to check volatility in currency markets.

Stock futures turn lower as Trump comments fan trade war fears

Jul 20 2018

U.S. stock index futures fell on Friday after President Donald Trump toughened his stance against China and said he was ready to impose levies on $500 billion worth of goods from the Asian nation.

Modi and Xi to meet during BRICS, discuss US trade war

Jul 20 2018

China and India will discuss the US' trade war and its protectionist trade policy when President Xi Jinping and Prime Minister Narendra Modi meet on the sidelines of the BRICS Summit in Johannesburg next week, the Chinese Foreign Ministry said.

Rupee suffers 43 paise knock to end at life-time low of 69.05 against dollar

Jul 19 2018

The rupee today took a hard 43-paise knock to close below the 69 level for the first time at a historic low of 69.05 against the US currency as upbeat comments on the US economy by the Federal Reserve chairman drove the greenback to one-year high levels higher against global currencies.

Gold slips to 1-year low as US dollar firms

Jul 19 2018

Gold prices sank to a fresh one-year low on Thursday as the dollar powered higher following comments from U.S. Federal Reserve chairman Jerome Powell which reaffirmed expectations for more interest rate rises in the world’s largest economy.

Rupee pulls away from 2-week high, down 17 paise at 68.62

Jul 18 2018

The rupee fell back sharply from a two-week high, depreciating by 17 paise to end at 68.62 against the US currency on renewed dollar demand from banks and importers even as crude oil hovered near its multi-month lows.

Gold slumps to lowest in a year on strong dollar, weak oil

Jul 18 2018

Gold extended its downtrend on Wednesday, sinking to the lowest in a year on a buoyant dollar and falling oil prices, but some analysts said bullion was close to bottoming out.

China says US-led trade war has become biggest 'confidence killer' for world economy

Jul 18 2018

The U.S.-driven trade war has become the biggest “confidence killer” for the global economy, China’s foreign ministry warned on Wednesday, saying the whole world would fight back if the United States continued to be “wilful”.

Rupee bounces 12 paise to end at 2-week high as crude oil ebbs

Jul 17 2018

The rupee today bounced back to settle at a fresh two-week high of 68.45 against the US currency, gaining 12 paise as crude oil prices beat a hasty retreat, easing inflation and trade deficit worries.

Japan, EU sign FTA amid worries about Trump's trade war

Jul 17 2018

Japan and the European Union signed a wide-ranging free trade deal on Tuesday that both sides hope will act as a counterweight to the protectionist forces unleashed by U.S. President Donald Trump’s trade policies.

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Global Markets

 

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