All posts under ‘Breaking News’

US to Sue S&P for Fraud over Pre-Subprime Crisis on Mortgage Ratings

US to Sue S&P for Fraud over Pre-Subprime Crisis on Mortgage Ratings

Breaking News | Social Pulse | February 5, 2013 | 1 Comment »

S&P – Standard & Poor’s has said it will be sued by US authorities over ratings the company gave to [...]

Obama Wins

Obama Win favors easy Money Policy – Bullions Rise

Breaking News | Gold Trading | US Federal Reserve | November 7, 2012 | 1 Comment »

Barack Obama defeated Republican Mitt Romney, winning at least 303 electoral votes with 270 needed for victory. Gold and Silver continued climbing [...]

Moody's

Moody’s Warns of Possible US Debt Downgrade

Breaking News | EconMatters | Experts Speak | September 11, 2012 | Comments Off

Experts Speak: EconMatters (By Tyler Durden of ZeroHedge) Moody’s Warns of Possible US Debt Downgrade Now - 13 months ago, in the aftermath of [...]

ECB - European Central Bank

ECB – European Central Bank cuts interest rates to a record low.

Breaking News | China | ECB-European Central Bank | July 5, 2012 | Comments Off

The European Central Bank, Bank of England & People’s Bank of China - 3 Central Banks cuts rates & breathe life into [...]

Gold trading in India

Gold import tariff value hiked in India

Breaking News | Commodity Trading | Gold Trading | June 8, 2012 | Comments Off

  India, the World’s largest Gold, Silver consumer and importer, has again hiked tariff value for gold. In the wake [...]

China News

China surprisingly Reduced Interest Rates, First Time Since 2008

Breaking News | China | Economy | June 7, 2012 | Comments Off

China surprised markets with interest rate announcements on Thursday, cutting borrowing costs to combat faltering growth while giving banks additional [...]

Gold Futures

Gold Futures fall, Gold Market Bulls disappointed on Fed’s speech.

Breaking News | Commodity Trading | Gold Trading | June 7, 2012 | Comments Off

Gold Futures for Aug delivery declined sharply in a knee jerk reaction to $1579.4 from the days high of $1630.7. Gold [...]

INR Forex trading

INR declines to Lifetime Low of 56, a key psychological level.

Breaking News | Forex Trading | INR | May 23, 2012 | Comments Off

US$/INR May Futures have shot up as expected to 56.06, Forecasted to touch 56.35 from 54.28 /US$. The Rupee continues [...]

Equity Trading

Finance Minister defers GAAR by one year. Equity Markets Rise.

Breaking News | Equity Trading | May 7, 2012 | Comments Off

Finance Minister Pranab Mukherjee said in a speech today about Finance Bill 2012 in the Lok Sabha, that the implementation [...]

U.S. Economy

U.S. Federal Reserve: Economy will pick up Gradually, Keeps Interest rates policy & promise unchanged.

Breaking News | Economy | April 25, 2012 | Comments Off

FOMC said in a statement today at the conclusion of a two-day meeting today, that the committee expects economic growth [...]

Indian Economic Update

S&P Cuts India Long-Term Outlook To Negative : Investment Grade Rating at Risk

Breaking News | Economy | April 25, 2012 | Comments Off

S&P has lowered the sovereign credit outlook on India’s credit rating to ‘negative’ from ‘stable’, on risks from slower economic [...]

Crude Oil

Crude oil to gain in 2012 on Iran worries: IMF

Breaking News | Crude Oil Trading | April 23, 2012 | Comments Off

International Monetary Fund (IMF) estimates that crude oil prices could go up by as much as 30% in 2012 on [...]

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