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Devanik Saha (IANS) 17 June 2015
India’s e-commerce market is intensely competitive, with US giant Amazon establishing its presence in India in 2013 and Alibaba, the Chinese giant, planning to start selling by August this year   Retail e-commerce sales in India are expected to reach $17.5 billion (Rs.105,120...

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Vatsal Srivastava (IANS) 21 May 2015
The dollar, however, finished higher against all major currencies except the pound, which meant that the currency market is factoring in a September rate hike   It would be hard to put the Federal Open Market Committee (FOMC) minutes released Wednesday night under the hawkish or...

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In a move that would likely impact both emerging markets like India and advanced economies, the US central bank Wednesday dropped an assurance to be "patienta" in raising interest rates and signaled the hike could come by mid year.   But in a statement issued after a two-day...

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The Wall Street Journal suggested that the Fed "is about to inject uncertainty back into financial markets after spending years trying to calm investors' nerves with explicit assurances that interest rates would remain low"   The US central bank kicked off a policy meeting that ends...

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Alrosa, the world’s largest diamond supplier is willing to offer rough diamonds to 12 of India's diamond processing companies. In addition, with a rupee-rouble currency swap arrangement, the import costs for rough diamonds would come down as it would avoid European middlemen   Due to...

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Moneylife Digital Team 28 January 2015
While Indian markets are getting huge inflows, money is flowing out of other emerging markets     Dedicated EM (emerging markets) equity funds reported a large outflow of US$3.20bn for the week ending 21 January 2015. This is the 10th consecutive week of outflows for dedicated EM...

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Moneylife Digital Team 15 January 2015
Over $98 billion was wiped off the value of Swiss stocks, their biggest daily fall in 26 years, while the pan-European FTSEurofirst 300 slumped 2% and Wall Street futures turned negative after the SNB scrapped its three-year old peg of 1.20 Swiss francs per euro   Global markets were...

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Moneylife Digital Team 18 December 2014
The introduction of negative interest rates makes it less attractive to hold Swiss franc investments, and thereby supports the minimum exchange rate, the Swiss Central Bank said.   Switzerland is introducing a negative interest rate on the deposits it holds for lenders, its central...

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William Gamble William Gamble 08 December 2014
The Chinese economy is slowing. Producer prices in China have been falling for nearly three years. Consumer prices have dropped to a five-year low making the Eurozone’s problems with deflation look tame   In the United States in July of 2008, a litre of gas reached an all-time high of...

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AK Ramdas AK Ramdas 03 December 2014
Protection of domestic industry is vital to India’s survival; and this is possible, when strong steps are taken to eliminate avoidable imports from China, in particular   According to the press reports available, the Indian Met Coke Manufacturers Association (IMCOM), the industry is...

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AK Ramdas AK Ramdas 01 December 2014
Chinese ambition to dominate the far east and Asia also needs to be checked by India extending closer cooperation with Japan, Philippines, Vietnam, South Korea, Malaysia, and closer at home to other countries such as Sri Lanka, Bhutan, Nepal, Bangladesh, Myanmar, Afghanistan and...

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Jake Bernstein (ProPublica) 21 November 2014
Ahead of Senate hearing on regulatory capture, the Federal Reserve Board wants to look at whether the views of examiners are being heard by higher-ups   Editor's Note: This story has been updated to cover the Federal Reserve Board's announcement that it would review its supervision of...

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William Gamble William Gamble 17 November 2014
Rising commodity prices helps the commodities exporting countries and hurts the importers. These are normal parts of economic cycles. However, when these cycles are manipulated by central banks, both sides of the trade could feel the pain   While equity markets in many countries are...

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William Gamble William Gamble 10 November 2014
The problem with any experiment is that they cannot not only fail, but they can create far more harm than what they set out to prove. The market volatility of the last three weeks may be a taste of what is to come   Last week the Japanese Central Bank increased its quantitative easing...

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William Gamble William Gamble 03 November 2014
Liquidity issues in fixed income not only result in severe mispricing, they also spill over into other assets. If you cannot sell the bonds in your portfolio, you sell equities. If you cannot sell local currency bonds, you hedge by selling the currency. Obviously, these sell offs will...

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William Gamble William Gamble 06 October 2014
Sadly, the end of easy money will not be as much fun as its beginning. Creating trillions of dollars from nothing and then taking them back does have consequences many of which we still have not seen   Central bankers are acting like over indulgent parents. They decry the over...

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William Gamble William Gamble 29 September 2014
QE has not necessarily shown major benefits other than inflating stock markets. Injecting more money into economies that certainly do not need it is easy, but eventually those economies, like other addicts, will collapse as well   The word stimulus is magic for markets. Just the word...

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William Gamble William Gamble 15 September 2014
It depends on two crucial questions: the effect of tighter monetary policy in the US and whether the Chinese real estate slowdown reverses or accelerates   Since the end of August, the American 10-year treasury yields have risen 11% to 2.60% from 2.33% last Friday. All of this is...

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William Gamble William Gamble 09 September 2014
In the US, UK and Japan quantitative easing is straight forward. The central banks just add a couple of extra zeros to their balance sheets and then go on a spending spree buying the country’s debt. If the ECB wanted to do quantitative easing it would have to buy the debt of its members. This...

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So the problems are over and Europe is on the road to recovery. Right? Well, maybe not. European sovereign debt is so large that they have to grow to keep their debt stable or impose even harsher austerity measures   Things looked bad. Yields of Spanish and Italian bonds were soaring....

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