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Nasdaq and S&P moves toward unchanged The Nasdaq index has moved back to unchanged on the day after being up as much as 50 points (to 4862. Currently at 4815. Low reached 4810.97) The S&P index was up to 1988.63 but moved back down to a low of 1970.61. The close yesterday was at 1969.40
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New Delhi: Gold prices slipped marginally by Rs 6 to Rs 47,156 per 10 gram in the national capital on Thursday on mixed global cues, according to HDFC Securities. In the previous trade, the precious metal had settled at Rs 47,162 per 10 grams. Silver also declined by Rs 158 to Rs 60,230 per kg
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Bank of Canada Deputy Governor Toni Gravelle said on Thursday that concerns about upside inflation risks are heightened much more than usual. We are likely to react a little bit more readily to the upside risk given it’s already above our inflation-control range, Gravelle added. For reference, the bank’s inflation-control range is 1.0%-3.0%.  Market Reaction
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Late Wednesday, Joseph Delong, chief technology officer of SushiSwap, the 13th largest decentralized exchange, or DEX, by trading volume, tendered his immediate resignation from the role. Explaining his decision, Delong gave the following statement: “I wish Sushi the best and am saddened that Sushi is so imperiled within and without. The chaos that is occurring
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Dollar rebounds mildly entering into US session, as supported by surprisingly good jobless claims report. Risk-on rallies in the stock markets also losing some momentum, helps lift Yen mildly. As for the week so far, Aussie remains the best performer, followed by other commodity currencies. Swiss Franc and Yen are the worst ones. There’s still
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NEW DELHI: Gold prices were marginally down on Thursday ahead of key inflation data and amid a firm US dollar. Inflation numbers could provide clues on the Federal Reserve’s next policy move. Bond yields moved higher, while the dollar also flexed its muscles, raising bullion’s cost to buyers holding other currencies. Gold futures on MCX
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Norway’s krone extended early-week gains yesterday, with EUR/NOK breaking below the 10.10 level and now trading around 10.06. In the view of economists at ING, NOK gains could pause today, but resume next week. Markets may have started to position for a hawkish tone by the Norges Bank “The improvement in Omicron-related sentiment is indeed
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Forex news for Asia trading Friday 19th February 2016 Overnight moves lower in stocks and stronger for the yen continued in Asia today. USD/JPY dropped under 113 and remains there as I update, while EUR/JPY was cushioned somewhat by EUR/USD putting on a few added points toward 1.1130. We saw the Reuters Tankan report from
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New Delhi: Capital markets regulator Sebi has proposed ‘one commodity one exchange‘ concept in a bid to reduce fragmentation of liquidity and help every stock exchange develop an exclusive set of unfragmented liquid contracts. In a consultation paper, the regulator said it has prepared a concept note on developing exchange specific unique set of commodities
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