University of Michigan sentiment index 58.2 versus 55.1 preliminary The final report from July was 51.5 Current conditions 58.6 versus 55.5 preliminary and 58.1 last month expectations 58.0 versus 54.9 preliminaary and 47.3 last month inflation one year 4.8% versus 5.0% preliminary and 5.2% last month inflation five year 2.9% versus 3.0% preliminary and 2.9%
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Gold prices fell by Rs 254 to Rs 52,031 per 10 grams in the national capital on Friday amid weak global cues, according to HDFC Securities. In the previous trade, the precious metal had settled at Rs 52,285 per 10 grams. However, silver, gained Rs 21 to Rs 55,979 per kg from Rs 55,958 per
Dollar dips in early US session following lower than expected PCE and core inflation data. But loss is so far limited as traders are holding their bets ahead of Fed Chair Jerome Powell’s speech. Euro, Aussie and Swiss Franc are so far the stronger ones for the day, while Yen and Kiwi are the weaker
Earlier headline on this is here: Reuters with more: The U.S. government said on Thursday it will suspend 26 China-bound flights from the United States by four Chinese carriers in response to the Chinese government’s decision to suspend some U.S. carrier flights over COVID-19 cases. From Sept. 5 to Sept. 28. The U.S. Department of
Gold prices were subdued on Friday, as investors adopted a cautious stance ahead of U.S. Federal Reserve Chair Jerome Powell’s speech at a key central bankers’ meeting, which will be vetted for guidance on interest rate hikes. FUNDAMENTALS Spot gold edged 0.2% lower at $1,755.09 per ounce, as of 0118 GMT. U.S. gold futures were
Dollar turns softer in Asian session today, but stays in familiar range. Traders would likely remain cautious until Fed Chair Jerome Powell’s speech at the Jackson Hole Symposium tomorrow. For now, Aussie and Kiwi are the stronger ones for the day. European majors and Canadian Dollar are soft too, next to Dollar. Technically, AUD/JPY resumes
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 your initial investment; do not
Gold prices on Thursday rose by Rs 402 to Rs 52,297 per 10 grams amid strong global cues, according to Securities. The yellow metal had closed at Rs 51,895 per 10 grams in the previous trade. Silver also rallied Rs 711 to Rs 56,191 per kg from Rs 55,480 per kg in the previous trade.
Dollar is staying soft in consolidation today, as traders are clearly still cautiously waiting for rate clues from Fed Chair Jerome Powell’s Jackson Hole speech tomorrow. Yen is also mixed despite surging benchmark treasury yields. Movements are mainly found in Aussie and Kiwi, on rallies, which are lifted by China’s new stimulus plan. On the
Apart from what has already been posted there is no fresh news nor data. The USD has lost ground as the Asia morning has gotten underway. EUR/USD has not managed to poierce its Thursday high, but AUD has done so. Meanwhile, USD/JPY has dribbled back to its Thursday, US timezone) lows. EUR/USD: ADVERTISEMENT – CONTINUE
Gold prices edged higher on Thursday as the dollar slipped, while investors looked forward to a speech by U.S. Federal Reserve Chair Jerome Powell at the Jackson Hole symposium for clues on interest rate hikes and the health of the economy. FUNDAMENTALS Spot gold was 0.1% higher at $1,753.01 per ounce, as of 0110 GMT.
Dollar’s rally was choked off by terrible PMI data, in particular services, overnight. But the greenback is trying to regain some footing in Asian session. It’s too early to say that the bullish trend in Dollar has reversed. Traders are just holding their bets for now, awaiting more guidance from Fed Chair Jerome Powell at
The major US indices are opening with was gains/losses. The NASDAQ and S&P are near unchanged. The Dow industrial average is down -0.10%. A snapshot of the markets shows: Dow industrial average -20.99 points or -0.09% at 32880.61 S&P index -1.86 points or -0.05% at 4126.86 NASDAQ +6.90 points or 0.06% of 12388.20 Russell 2000
Gold price in the national capital on Wednesday rose Rs 274 to Rs 51,909 per 10 grams amid firm global trends, according to Securities. The yellow metal had closed at Rs 51,635 per 10 grams in the previous trade. Silver also jumped Rs 448 to Rs 55,682 per kg from Rs 55,234 per kg in
Dollar is recovering some ground today but stays below yesterday’s high in general, consolidations continue. Overall trading in subdued with major pairs and crosses suck inside yesterday’s range. Kiwi and Aussie are on the softer side while the greenback and Yen are firmer. European majors are also weak but there is no follow through selling.
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 your initial investment; do not
NEW DELHI: Gold prices traded flat on Tuesday, with mild gains, thanks to a slight pullback in the US dollar. However, possibility of aggressive US Fed hikes capped the gains for the yellow metal. US Fed chair Jerome Powell will address the annual global central banking conference in Jackson Hole, Wyoming, on Friday, a highly
European majors, including the Swiss Franc, are under much selling pressure currently. EUR/USD dived through parity, and hit a new low. The development came on worries that Russia will further weaponize its natural gas supplies to Europe, adding further weight to the already troubled economy. Dollar is strong as supported by rising treasury yield, with