Tag Archives: Inflation

Strong Dollar Gives Hope For Recovering Economy

Oil prices was hit by a strengthening dollar after the Fed chairman, Ben Bernanke said the economy remains under pressure, but he is unlikely to cut interest rates again soon. Continue reading

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Resilient Stock Market Offers Relief

I expected a severe downturn in the stock market today following the hike in oil prices, no more rate cuts by the Fed, declining home sales in the month of April and inflation threats. Continue reading

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Dollars Gain Strength In Asian Trade

The greenback posted modest gains in Asian trade as traders braced for data that may shed new light on the extent of the US economic slowdown. Speculators adjusted positions following heavy selling of the US currency on Friday as traders … Continue reading

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India Halts Futures Trade In Staples

India’s government on Thursday halted trading in futures contracts for key staple foods and for rubber as it battled to avoid an election drubbing due to high inflation. The government suspended futures trade in basic foods such as chickpeas, soybean … Continue reading

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Filed under Economy, Inflation