Pune: As Soybean futures contract on NCDEX has gone up by 21.77% during the past seven trading sessions and the upper circuit has been applied 4 times, industry body Soyabean Processors Association of India has written to NCDEX demanding that the circuit limit during the lean season should be limited to 2% per day. The
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Sales of newly built homes dropped in June to the lowest level since the early days of the coronavirus pandemic in April 2020, according to data released by the U.S. Census Bureau on Monday. Sales of new single-family homes fell to an annualized rate of 676,000, 6.6% below May’s rate of 724,000 and 19.4% below
In this article TSLA SpaceX founder and Tesla CEO Elon Musk visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. Michele Tantussi | Reuters Tesla reports second-quarter results after the bell on Monday. Here’s what analysts are expecting, according to estimates compiled by Refinitiv: Earnings: 98 cents per share, adjusted, expected
Gold (XAU/USD) licks its wounds around $1,798 amid a subdued Asian session on Tuesday. The yellow metal bounces off an intraday low, but remains depressed for the third day in a row, as market players embrace the week’s key data/events amid mixed risk-related headlines. While the coronavirus numbers in the UK and Australia placate market
With no updates on median dot plots and economic projections, the focus of this week’s FOMC meeting would be the policy statement and the press conference. Since the June meeting, inflation has continued to accelerate. Market optimism was, however, overshadowed by the spread of Delta variant. Policymakers should likely acknowledge the strong economic developments but
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
GBP/USD sees upside move stall a little so far on the day The pair has made some good progress as price continues its rebound close to the 4 February low @ 1.3566. The low last week touched 1.3572 and since then, cable has regained solid ground despite a nudge lower on Friday. The dollar is
To guide market participants in assessing the performance of soy and gaur complex, the National Commodity and Derivatives Exchange (NCDEX) has decided to launch India’s first two sectoral indices in the agri-commodities space – GAUREX and SOYDEX. The methodology document for both the indices is currently available on the exchange’s website. Trading of these index
A home stands for sale in a Brooklyn neighborhood with a limited supply of single family homes on March 31, 2021 in New York City. Spencer Platt | Getty Images After four straight months of declines, sales of previously owned homes rose 1.4% in June month-to-month to a seasonally adjust annualized rate of 5.86 million
Tesla releases results after the close today, Monday, July 26. TSLA has been largely trading sideways along with the 200-day moving average. Results should at least give some direction to the stock. Tesla has been holding steady around the 200-day moving average since the middle of June when the strong uptrend broke down. The move through
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The world’s leading decentralized exchange, Uniswap, has announced the delisting of a number of tokens from its app interface. Uniswap Labs made the announcement on July 23, emphasizing that the tokens had been removed from the app interface only, and that the protocol remains immutable: “These changes pertain to the interface at app.uniswap.org — the
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Of the 44 cases in intensive care in the New South Wales outbreak of COVID-19 not one is fully vaccinated. Which, say some, proves the power of getting vaccinated. My bias is pro-vaccination, but I’d suggest this is not proof. The sample size is very small and, the ‘prior’ is that there are very few
200 hour moving average at 0.73909. 100 hour moving average at 0.73470 The AUDUSD moved above its 100 hour moving average yesterday (blue line) and moved toward the 200 hour MA (green line). The high price both yesterday and today, stalled just ahead of that 200 hour MA at a 0.73909. The 100 hour moving average is currently at
Copper advanced on Friday as improved risk sentiment and a stable dollar lifted metals prices that also gained support from extended monetary policy easing in the European Union. Three-month copper on the London Metal Exchange (LME) rose 0.6% to $9,495.50 a tonne by 0702 GMT, on track to finish the week in positive territory. The
Weekly jobless claims unexpected moved higher last week despite hopes that the U.S. labor market is poised for a strong recovery heading into the fall. Initial filings for unemployment insurance totaled 419,000 for the week ended July 17, well above the 350,000 Dow Jones estimate and more than the upwardly revised 368,000 from the previous