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Markets: Bitcoin trades to a new high at $93,483 before correcting lower to $89,021 currently. And is still up over $1000 on the day WTI crude trades down nine cents at $68.03 2 year yield 4.279%, down -6.5 basis points. 10 year yield 4.451%, +1.8 basis points Gold down -$22.69 or -0.87% at $2575.17 S&P

Written by , ETMarkets.com| Nov 13, 2024, 06:27:20 PM IST 1/6 New Lows On Wednesday, the Sensex, the benchmark index, dropped 984 points, closing at 77,691. Amid this downturn, five stocks from the BSE 200 index hit their 52-week lows. The 52-week low represents the lowest price a stock has traded at in the past year,

The financial markets are intently focused today on US inflation data. Expectations are that both the headline CPI and core CPI remained unchanged in October from the previous month’s readings of 2.4% and 3.3%, respectively. This stagnation in disinflation supports the notion that bringing inflation back to Fed’s 2% target may prove increasingly challenging in

Why it’s important? The ranges of estimates are important in terms of market reaction because when the actual data deviates from the expectations, it creates a surprise effect. Another important input in market’s reaction is the distribution of forecasts. In fact, although we can have a range of estimates, most forecasts might be clustered on

ETMarkets.com| Nov 13, 2024, 01:52:21 PM IST 1/6 Short Buildup A short buildup occurs when there is a rise in open interest and trading volumes, coupled with a decrease in the price of the underlying stock in the Futures and Options segment. This indicates that more traders are expecting the prices to decline and are

Dollar’s rally continues broadly today, though most of its strength remains concentrated against European majors. While the greenback holds firm, it remains capped below last week’s highs against commodity-linked currencies and Yen. A clear move upwards could only unfold if 10-year Treasury yield breaks past the 4.4% threshold, though the true direction may hinge on

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 12, 2024, 06:20:44 PM IST 1/7 Market Roundup Indian market remained volatile on Tuesday and pared most of the morning gains to close in the red. The S&P BSE Sensex fell more than 800 points while the Nifty50 closed below 23900. Getty Images 2/7 Sectoral Watch Sectorally, buying was seen in

Dollar strength and European weakness is currently the main theme in the markets this week so far. The greenback shrugs off strong risk-on sentiment, as reflected in another day of record closes in major US indexes, with strong momentum against Euro and Swiss Franc. A lineup of Fed officials today will provide commentary that could

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 December futures contracts at MCX opened flat on Tuesday at Rs 75,556 per 10 gram, which is up by 0.27% or Rs 205 while silver December futures contracts were trading at Rs 89,480/kg, up by 0.33% or Rs 298. Gold prices fell by Rs 4,180/ 10 grams from its all-time high levels in the

Euro is facing immense selling pressure today as US session commences, driven by both external trade concerns and internal political challenges in Germany. The market is wary of escalation in trade tensions with the US following Donald Trump’s election victory, with reports suggesting that Robert Lighthizer—a trade hawk known for his aggressive stance—could make a

A light calendar ahead. With USD/JPY rising back towards 154 again be on the alert for ‘intervention’ type comments from Japanese authorities today. This snapshot from the ForexLive economic data calendar, access it here. The times in the left-most column are GMT. The numbers in the right-most column are the ‘prior’ (previous month/quarter as the

Written by , ETMarkets.com| Nov 11, 2024, 08:31:27 PM IST 1/3 Stock Ideas Indian equity markets closed flat on Monday as the actions of FIIs are dominating the current market momentum, which is backed by a weak set of earnings and expectations from Trump policy.“India is also looking forward to the CPI data with a muted

Yen started the week under notable pressure, facing challenges from both political uncertainty in Japan and a cautious BoJ. A highly anticipated parliamentary vote will decide whether Prime Minister Shigeru Ishiba remains in office. Ishiba’s leadership is on the line after his party, the Liberal Democratic Party, lost its majority in a recent snap election.

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 December futures contracts at MCX opened on Monday at Rs 76,750 per 10 gram, which is down by 0.68% or Rs 522 while silver December futures contracts were trading at Rs 90,779/kg, down by 0.54% or Rs 490. On Friday, gold and silver settled on a weaker note in the domestic and international markets.

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