Month: January 2022

Global trading platform Structure, which aims to facilitate crypto-based lending and investing for mobile users, just raised $20 million from investors and from a private sale of its digital currency $STXR. The company will offer decentralized finance (DeFi) crypto-denominated lending outside of traditional banking, as well as investing in tokenized assets, digital versions of assets
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Dollar is making a strong come back in Asian session today, as 10-year yield powers up to 1.85 level. Yen is under some selling pressure after BoJ stood pat as expected, and delivered little surprise other than upgrades in inflation forecasts. But Aussie and Kiwi are currently the weakest one. Canadian Dollar, on the other
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Goldman Sachs expects oil prices hitting $100 per barrel in the second half of this year, citing a lower than expected hit to demand from the Omicron coronavirus variant coupled with increased supply disruptions and OPEC+ shortfalls. “This has kept the global oil market in a larger deficit than even our above consensus forecast,” Goldman
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Canadian Dollar is trading as the strongest one for today, and remains firm after stronger than expected manufacturing sales data. Dollar is currently following, with help by rebound against Yen. Sterling is also slightly weaker, following Yen. Other currencies are mixed for now. Overall, trading is rather subdued with US on holiday. Technically, while Canadian
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New Delhi: Gold prices rose by Rs 176 to Rs 47,881 per 10 grams in the national capital on Monday in line with gains in the precious metal in the global markets and a weaker rupee, according to HDFC Securities. In the previous trade, the precious metal had settled at Rs 47,705 per 10 grams.
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The markets are overall relatively quietly in Asian session today and trading could be subdued with US on holiday. Canadian Dollar is resilient with WTI oil staying firm at around 84 handle. Euro and Dollar are both strengthening notably. On the other hand, Yen, Aussie and Kiwi are softening. In particular, traders seem to be
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Gold prices eased on Monday, as U.S. Treasury yields gained on hawkish signals from the Federal Reserve and markets began to price in a sooner-than-anticipated reduction in balance sheet. FUNDAMENTALS * Spot gold was down 0.2% to $1,814.08 per ounce by 0024 GMT. U.S. gold futures edged down 0.1% at $1,815.00. * U.S. 10-year Treasury
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