Second Half Starts with Fresh Swings for Stocks

World stocks struggle after biggest fall in index history Euro zone inflation hits fresh record high Dollar rises against Aussie, kiwi 10year Treasury yield holds below 3 China markets steady in a sea of red in Asia LONDON, July 1 Reuters The second half of the year started with more volatility for global stocks on […]
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Downturn Fears Support Dollar, Aussie Slumps to TwoYear Low

LONDON, July 1 Reuters Gathering gloom about prospects for the global economy lifted the safehaven dollar on Friday and pressured risksensitive currencies, with the Australian dollar tumbling to a twoyear low. Rampant inflation and a rush by central banks to raise interest rates and stem the flow of cheap money has fuelled selloffs across markets […]
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Indian Rupee Hits Low, Breaches 79Mark on Dollar Strength

MUMBAI, July 1 Reuters The Indian rupee plunged on Friday to mark the fourth straight session of record lows, breaking below the 79perdollar mark, weighed down by broad strength in the greenback and as investors retreated from the domestic share markets. The U.S. dollar remained strong against major peers due to the prospects of aggressive […]
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