| Stocks choppy ahead of testimony by Bernanke | | Markets were fairly choppy on Tuesday as investors were reluctant to push stock indexes up further ahead of a much-anticipated statement from US Federal Reserve chairman Ben Bernanke. | | Crude falls on concerns over QE scale back | | Brent oil futures fell towards $104 per barrel on Tuesday, on concerns that the US Federal Reserve might scale back its quantitative easing programme, which could damage fragile demand. | | Gold down 1% on firm greenback | | Gold, down in seven of its last eight sessions, was off by around one per cent on Tuesday morning on a firm dollar, weak technical signals and speculation that the US Federal Reserve might rein in its stimulus programme. | | Equities close at low of one week | | Indian shares tumbled for a second consecutive session on Tuesday hitting their lowest close in a week as recent outperforming blue-chips such as ITC fell on doubts about whether foreign investors will continue their strong buying so far. | | Gold caps longest slump in 4 years | | NEW YORK - Gold fell on Friday, capping the longest slump in four years, as the dollar jumped to a 34-month high and a Federal Reserve policy maker said that US monetary stimulus may be reduced within months. | | Stocks fall on weak European GDP data | | Weak economic data across the eurozone pushed European stocks lower on Wednesday, as news hit that the 17-country currency bloc is now in its longest-ever recession. | |
