The sources said the fund's dollar-denominated class represents a "majority" of the gold fund and is up 7.1 percent for the year. The remainder is in the gold-denominated class, which is down 11.8 percent in June alone and 20 percent so far this year.

The probability of the Fed's forecast going awry increases when growth prospects for the global economy are considered. Growth in emerging markets has come under pressure over the last year. A combination of stress in the banking system as well as a …

Confidence in the global economic recovery is wavering after a jolting one-two punch (suggested tightening in the U.S. and China) that has driven both bond and equity markets down around the world. Central bank intervention is so widespread and deep …

In case we again start seeing global markets weakening, there is a ample chance that the market may tend to peak out somewhere around 5900 in the very short-run and then may again scale back in case the global markets don't do well. But if the global …

A host of manufacturing sentiment data out this week will give a comprehensive picture of global demand levels. Figures for Brazil, China, the eurozone, France, Germany, India, Russia and the US are published on Monday. And Asian countries' export data …

By Alan Wheatley, Global Economics Correspondent. LONDON, June 30 (Reuters) – Data this week will add spice to speculation as to when the U.S. Federal Reserve will start scaling back its stimulus while reinforcing the realisation that China is serious …

There he raised taxes and tightened credit to cool demand as inflation took off for the first time since the immediate post-war years. The Financial Times awarded him an “Oscar for the stronger currency”. Colombo came to power as the result of a split …

In October, a similar war of nerves led the two sides to terminate an agreement to expand their total swap arrangement to $70 billion from $13 billion. It is undesirable that Seoul and Tokyo have repeatedly deviated from economic logic in handling …

Brazil and other countries that complained about “hot money” inflows and “currency wars,” have now suddenly gotten what they wished for: a likely early end of the Fed's QE. The consequences—sharp capital-flow reversals that are now hitting all risky …