Crude oil futures are settling at $71.99, that is up $0.52 or 0.73%. Some influences: OPEC+ delayed 180,000 barrels per day of monthly production increases to January. US election uncertainty: Vice-President Kamala Harris and former president Donald Trump are neck and neck. China’s improving economy supports oil prices. Technically, the price spent most of the
Month: November 2024
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Written by , ETMarkets.com| Nov 05, 2024, 08:25:31 PM IST 1/3 Stock Ideas Nifty opened on a negative note and had heavy selling pressure in the first half. However, the index recovered well in the second half to close on a positive note.“Technically, the Nifty formed a piercing line candle on the daily chart around the
When the votes are counted in the U.S. presidential election, will it be the gender gap, the income gap, the Latino vote or the media and marketing campaigns that turned out to be decisive? CNBC senior economics reporter Steve Liesman sat down with four polling experts for an in-depth look into the data to see
In this article PLTR Follow your favorite stocksCREATE FREE ACCOUNT Palantir Technologies CEO Alex Karp appears on a Bloomberg television interview during the FoundryCon event in Palo Alto, California, on March 7, 2024. David Paul Morris | Bloomberg | Getty Images Palantir shares jumped 23% on Tuesday and headed for a record close after the
The Pound Sterling moves higher against the US Dollar with US elections getting underway. Investors expect the Fed and the BoE to cut interest rates by 25 bps on Thursday. Market participants still assess the impact of the UK budget announcements on the country’s inflation outlook. The Pound Sterling (GBP) gains slightly to near 1.2980 against the US
Australian Dollar remained stable after RBA decided to keep the cash rate unchanged at 4.35% as widely expected. In the post-meeting press conference, Governor Michelle Bullock acknowledged that there has been “good progress” in reducing inflation. However, the central bank did not adopt a more dovish stance, which came as a surprise to some market
The RBA will be announcing its rate decision later tonight/tomorrow in Australia. The expectation is for no change in policy. Focus will be on what is ahead for the central bank Technically, the price high reached 0.66184 in the early Asian session. That took the price to the low of a swing area between 0.66189
But regardless of the closing time of the polls, different states will have different procedures in counting votes and that could see the results spill over to the next one or two days (or more). But as outlined here, the main focus will be on the key battleground states i.e. swing states once again. So,
Gold December futures contracts at MCX opened flat today at Rs 78,235 per 10 gram, which is down by 0.24% or Rs 187 while silver December futures contracts were trading at Rs 94,092/kg, down by 0.2% or Rs 192. Gold prices fell by Rs 1,000/ 10 grams in the last one week while silver prices
In this article 7974.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Mario poses at the “SUPER NINTENDO WORLD” welcome celebration at Universal Studios Hollywood on February 16, 2023 in Universal City, California. Rodin Eckenroth | Getty Images Entertainment | Getty Images Nintendo on Tuesday cut forecast for Switch sales for its fiscal year ending March 2025
GBP/USD flat lines around 1.2950 in Tuesday’s early Asian session. The Greenback loses ground in response to improved polling for Democratic candidate Kamala Harris. The Bank of England is expected to cut interest rates at its November meeting on Thursday. The GBP/USD pair trades flat near 1.2950 during the early Asian session on Tuesday. Traders will
Dollar remains the weakest currency in the lead-up to the US presidential election, though its downside appears contained as early selling momentum in Asia has not extended into European session. Safe-haven currencies, led by the Swiss Franc and Yen, are gaining as US and European Treasury yields retreat. Among other currencies, Sterling and Loonie are
The USDCAD broke higher at the end of last week and in the process extended above high from August at 1.39458. The high price reached 1.3958 and closed the week at 1.39484. However, after the weekend election poll news, yields moved lower, the USD moved lower and the USDCAD gapped down as well. That took
The next few days are some big ones for the markets and for you too as a trader in the markets. The US election is a toss-up, which given the history of the past elections will likely lead to chaos. Everything and anything can happen. If it were a sporting event, it would be considered
Written by , ETMarkets.com| Nov 04, 2024, 08:00:48 PM IST 1/5 Stock Ideas Domestic equities saw a turbulent beginning to the new Samvat year as the benchmark Nifty tumbled 500 points during the day to test a fresh 4-month low.“From a technical point of view, the benchmark index has shown signs of a consolidation breakdown, and
A trader works as a screen displays the Fed rate announcement, on the floor of the New York Stock Exchange on June 12, 2024. Brendan McDermid | Reuters RIYADH, Saudi Arabia — Major Wall Street CEOs see ongoing inflation pressures in the U.S. economy and aren’t convinced that the Federal Reserve will continue its rate-easing
Another day. Another Apple headline. The news Berkshire Hathaway sold another large chunk of Apple shares, according to the Warren Buffett -led company’s earnings report Saturday. The Omaha-based conglomerate reduced its stake by about 25% during the third quarter. But it still held roughly $69.9 billion worth of Apple shares at the end of September.