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Gold rises amid worries over possibility of U.S. interest rate hike later this year

22.09.2015 13:49

Gold rises amid worries over possibility of U.S. interest rate hike later this year

YEREVAN, September 22. /ARKA/. Spot gold was little changed at $1,133.01 an ounce by 0634 GMT, after a 0.5 percent drop on Monday, Reuters reports.

The metal had climbed to a near three-week high of $1,141.50 last week.

Asian shares rose on Tuesday and the dollar held steady as U.S. markets bounced back and the European Central Bank said it was prepared to ease monetary policy further, denting bullion's appeal as a hedge.

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Mester: Federal reserve may raise rates in June

24.03.2015 12:09

Mester: Federal reserve may raise rates in June

The U.S. economy is strengthening and an interest rate increase in June remains a possibility, Federal Reserve Bank of Cleveland President Loretta Mester said in an interview on Bloomberg Television in Paris on Monday

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Student debt in US at all-time high of $1.2 trillion

26.09.2014 15:19

Student debt in US at all-time high of $1.2 trillion

U.S. student debt has climbed to an all-time high, despite a decrease in consumer debt for all other major lending categories such as automotive debt, credit card and home equity loans, CNBC reported. Behind mortgages, student loans are the second largest debt class

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Fitch ratings keeps its AAA rating on U.S. debt saying outlook is stable

21.03.2014 15:51

Fitch ratings keeps its AAA rating on U.S. debt saying outlook is stable

Fitch Ratings kept its AAA rating on U.S. debt and said the outlook for that rating is stable. The announcement stood in contrast to the change in its rating for Russia, which it reported had received a negative outlook, down from stable, on its BBB rating, Prime reported

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Index of US consumer sentiment dips - AP

01.02.2014 14:48

Index of US consumer sentiment dips - AP

A measure of U.S. consumer sentiment slipped this month as stock markets fell, though confidence remained at a healthy level, the Associated Press reported

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Euro extends gains against dollar after U.S. data

24.01.2014 14:03

Euro extends gains against dollar after U.S. data

The euro extended gains against the dollar on Thursday following the release of a flurry of U.S. data, as expectations for further monetary easing by the European Central Bank

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Treasuries, gold rally as dollar drops after jobs data: Bloomberg

13.01.2014 11:45

Treasuries, gold rally as dollar drops after jobs data: Bloomberg

Treasuries rallied with gold and the dollar retreated after slower growth in U.S. payrolls last month eased concern stimulus cuts would accelerate. The Standard & Poor’s 500 Index rose to cap a weekly gain

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Janet Yellen says she will focus on getting more americans back to work

10.10.2013 17:42

Janet Yellen says she will focus on getting more americans back to work

Janet Yellen, vice chair of the U.S. Federal Reserve, said Wednesday that she would focus on getting more Americans back to work, as she was nominated by President Barack Obama to succeed Ben Bernanke as head of the central bank, banks.ru reports citing Reuters

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U.S. stocks fall as kerry comments on Syria situation: Bloomberg

27.08.2013 12:05

U.S. stocks fall as kerry comments on Syria situation: Bloomberg

U.S. stocks fell, with the Standard & Poor’s 500 Index’s halting two days of gains, after Secretary of State John Kerry said the president will hold Syria’s government accountable for using chemical weapons

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Moody's puts ratings of six largest U.S. banks on review: WSJ

23.08.2013 11:42

Moody's puts ratings of six largest U.S. banks on review: WSJ

Moody’s Investors Service put the debt ratings of the six largest U.S. banks on review, reflecting uncertainty regarding U.S. policies for supporting distressed banks

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