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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

Written by , ETMarkets.com| Nov 26, 2024, 07:40:31 PM IST 1/6 Top Performers On Tuesday, the Sensex, the benchmark index, dropped by 106 points, closing at 80,004. Despite this decline, five stocks from the BSE 200 index reached their 52-week highs. A 52-week high reflects the highest price a stock has achieved in the past year,

Dollar is losing some ground as markets enter into US session, as the initial support from US President-elect Donald Trump’s tariff announcement dissipated. Although the greenback softened broadly, it is still holding onto gains against Loonie and Aussie, with traders as Trump’s tariffs are targeting Canada, China, alongside Mexico. Market focus now turns to FOMC

Tariff threats don’t hit like they used to. Trump roiled markets early in Asian trading with a threat of 25% tariffs on Mexico and Canada. Bizarrely, he tied both tariffs to border security. Now I understand the sentiment on Mexico, which is something he’s been campaigning on forever but there’s not exactly a stream of

Written by , ETMarkets.com| Nov 26, 2024, 05:40:29 PM IST 1/7 Market Summary Indian markets pared early morning gains to close marginally in the red on Tuesday. The S&P BSE Sensex fell more than 100 points while the Nifty50 closed below 24200 levels. “Nifty has given a good relief rally in the last 3 trading days

Dollar traded broadly lower in Asian session as markets reacted to President-elect Donald Trump’s appointment of Scott Bessent, a seasoned fund manager, as Treasury Secretary. Bessent’s stance aligns with Trump’s policies on tariffs, though his pragmatic approach has been perceived as a stabilizing factor. He advocates for tariffs to be introduced “gradually” and supports tax

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 plunged about 3% on Monday, breaking a five-session rally to its highest in nearly three weeks, as reports of Israel nearing a ceasefire with Hezbollah, coupled with Trump’s nomination of Scott Bessent as the U.S. Treasury Secretary soured the precious metal’s safe-haven appeal. Spot gold fell nearly 3% to $2,634.78 per ounce by

Dollar remains under pressure as the market heads into the US session, with selling momentum picks up slightly alongside a continued decline in Treasury yields. US stock futures are staging a robust rally, reflecting optimism over President-elect Donald Trump’s selection of Scott Bessent as Treasury Secretary. Bessent is viewed as a safe choice for implementing

There were already some murmurs about this since Friday, so this just adds credence to the notion. As a reminder, OPEC+ will be discussing oil output policy next on 1 December i.e. this coming weekend. OPEC+ had already said that they would delay the planned start to easing production cuts from 1 December to 1

Gold December futures contracts at MCX opened lower at Rs 76,800 per 10 gram on Monday, which is down by 1.05% or Rs 816 while silver December futures contracts also witnessed profit booking, opening lower by 1.26% or Rs 1,144 at Rs 89,624/kg. Despite profit booking in an early trade today, gold prices are up

US Republican Senators Lindsey Graham and Tom Cotton have started to draft a package of sanctions on the International Criminal Court (ICC). Graham spoke on Fox, warning US allies: “To any Ally: Canada, Britain, Germany, France, if you try to help the ICC, we are gonna sanction you. We should crush your economy.” A heads

Reserve Bank of India’s gold purchases has helped the central bank to hold up foreign exchange reserves amidst a huge pullout by foreign portfolio investors that saw reserves contracting by $47 billion in five weeks. While the value of foreign currency assets dipped $1.1 billion on an incremental basis since the beginning of the fiscal

Euro stole the limelight last week with a steep selloff triggered by poor activity data. This downturn has intensified the pressing need for the ECB to ease monetary policy swiftly back to neutral levels. While Euro’s decline was pronounced, Sterling and the Swiss Franc are not far behind, each facing their own set of challenges.

UPCOMING EVENTS: Monday: PBoC MLF, German IFO. Tuesday: US Consumer Confidence, FOMC Minutes. Wednesday: Australia Monthly CPI, RBNZ Policy Decision, US Q3 GDP 2nd Estimate, US PCE, US Durable Goods, US Jobless Claims. Thursday: German CPI. (US Holiday) Friday: Tokyo CPI, Japan Unemployment Rate, France CPI, Switzerland Q3 GDP, Eurozone CPI, Canada GDP. Tuesday The

Written by , ETMarkets.com| Nov 24, 2024, 03:45:45 PM IST 1/6 Stock Ideas Indian markets rebounded with a gusto on Friday helped by buying trends across sectors with IT and bank heavyweights along with Reliance Industries (RIL) simultaneously throwing their weights around. While the S&P BSE Sensex settled at 79,117.11, up by 1961.32 points or 2.54%,

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

ETMarkets.com| Nov 21, 2024, 01:46:52 PM IST 1/6 Long Buildup Long unwinding refers to the selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness. In Thursday’s trading session, five stocks witnessed a long unwinding. Here’s the list: ETMarkets.com 2/6 Indraprastha Gas