Gold prices rose marginally by Rs 21 to Rs 49,644 per 10 gram in the national capital on Friday, reflecting overnight gains in the international market, according to HDFC Securities. The precious metal had closed at Rs 49,623 per 10 gram in the previous trade. Silver prices, on the other hand, declined Rs 259 to
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Dollar recovers broadly today as markets turn into consolidative mode. The greenback pars back some of f the previous selloffs. but remains the worst performing one for the week. Canadian Dollar and Swiss Franc follow as the next weakest. On the other hand, Sterling and Aussie turn a bit softer, but remain the best weekly
A house under construction is seen in Culver City, a neighborhood of Los Angeles on November 21, 2020. Chris Delmas | AFP | Getty Images After three straight months of record highs, homebuilder confidence in the single-family housing market pulled back in December. Builders say they are concerned that buyers are starting to experience sticker
Customers arrive at an Olive Garden location in San Antonio, Texas. Callaghan O’Hare | Bloomberg | Getty Images Darden Restaurants on Friday reported quarterly revenue that fell short of analysts’ expectations as another wave of pandemic-related dining restrictions weighed on its same-store sales. Shares of the Olive Garden parent rose less than 1% in premarket trading.
NZD/USD is staging a correction following Thursday’s upsurge. US Dollar Index recovers toward 90.00 during European session. Business confidence in New Zealand improved sharply in December. The NZD/USD pair climbed to its highest level since May 2018 at 0.7172 on Thursday but reversed its direction on the last day of the week. As of writing,
S&P post 31st record close of the year US major indices all closed higher. Some of the highlights for the day include: S&P, NASDAQ, Russell 2000 close at record highs NASDAQ on track for the best year since 2009 Russell 2000 on pace for the 7th straight weekly gain S&P higher for the 3rd straight
DeFi lending protocol Warp Finance has reportedly suffered a flash loan attack resulting in the loss of as much as $8 million in digital assets. Reports are coming in that an attacker has made off with between $1 million, to as much as $8 million according to DeFi Prime. The losses follow a series of
President Trump is reported to have told associates he wants ”at least” $1,200 per person and possibly as much as $2,000 per person Washington Post with the report that White House aides intervened Thursday to prevent the President from issuing a statement calling for stimulus payments in the next relief package up to $2K Trump
Copper prices neared their highest in almost eight years on Thursday as stockpiles around the world fell, the U.S. Federal Reserve promised to pump more money into markets and hopes for a U.S. stimulus package this week grew. Investors bought riskier assets across the board, sending global equities to new peaks, oil prices to a
Dollar’s selloff intensifies further today, after worse than expected job data. Also, markets are generally on risk-on mode, as traders are optimistic that stimulus deal could be reached in the Congress soon. Swiss France is currently the next weakest, having little reactions to SNB rate decision. Australian and New Zealand Dollars are taking turns to
Jobless claims unexpectedly rose last week as the coronavirus pandemic continues to pressure the economy while lawmakers struggle to push through new government aid, the Labor Department said Thursday. The number of first-time unemployment-benefits filers totaled 885,000 in the week ending Dec. 12, the most since the week of Sept. 5. Economists polled by Dow
A FedEx worker unloads packages from his delivery truck on March 31, 2020 in Washington, DC. Drew Angerer | Getty Images News FedEx generated better-than-expected profits and revenue during its most recent quarter as the coronavirus pandemic continues to bolster high volume of U.S. and international package deliveries, the company said Thursday. The package delivery
Published on 17 December 2020 from Prime Minister’s Office, 10 Downing Street, the UK government has released a statement which stresses that ”the situation in (our) talks with the EU is very serious tonight. progress seems blocked and time is running out. Full official statement The Prime Minister spoke to Commission President Ursula von der Leyen this
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S&P trades at a new record high The major indices are opening with gains of about 0.5% to 0.6% across the board (while the NASDAQ is currently up 0.68%). A snapshot of the major indices currently shows: S&P index up 21.28 points or 0.57% at 3722.45 NASDAQ index up 84.73 points or 0.67% at 12742.92 Dow up
The usual stuff that we’ve been hearing for months on end In this final stretch of talks, transparency & unity are important as ever: Debriefed @Europarl_EN Conference of Presidents this morning on EU-UK negotiations. Good progress, but last stumbling blocks remain. We will only sign a deal protecting EU interests & principles. For bank trade