> European Opening Bell – DAX down 4.4% – STOXX 50 down 4% Stocks European Opening Bell – Grim stuff Ryan Paisey Thursday, 24/02/2022 | 08:07 GMT-0 24/02/2022 | 08:07 GMT-0 FTSE 100 down 2.6% STOXX 50 down 4% STOXX 600 down 3.3% DAX down 4.4% CAC down 3.9% Incredible fast markets, ~ Grim. ADVERTISEMENT
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NEW DELHI: Gold prices spiked on Thursday, moving towards multi-month highs, as investors rushed towards safe-haven amid global geopolitical worries. Ukraine declared an emergency and the West imposed more sanctions on Russia for sending troops into eastern Ukraine, while Moscow bombarded Kyiv. Gold futures on MCX were trading higher by 1.53 per cent or Rs
Global markets sink as Russia finally launches invasion of Ukraine. Risk averse sentiment dominates, pushing gold and oil higher, while stocks and cryptocurrencies tumble. In the currency markets, Yen and Swiss Franc surge sharply on safe-haven flows, together with Dollar. On the other hand, Euro is under heavy selling pressure together with commodity currencies. Technically,
Buy the dip has truly shifted to ‘sell the rip’ in US equities with the Fed poised to hike rates and the ongoing concern about Ukraine and inflation. Tech continues to lead the charge lower but the overall market is sagging badly. The S&P 500 is down 51 points, or 1.1%, to 4254. Baring a
New Delhi: Gold prices fell by Rs 126 to Rs 49,960 per 10 grams here on Wednesday amid a decline in international prices along with gains in the rupee, according to HDFC Securities. The yellow metal had closed at Rs 50,086 per 10 grams in the previous trade. Silver was almost flat on Wednesday at
The markets are generally trading in risk-on mode today. New Zealand Dollar is leading commodity currencies higher, with additional boost from hawkish RBNZ rate hike. Australian Dollar is following closely, then Canadian Dollar. on the other hand, Yen and Dollar are under some selling pressure. Euro and Sterling are mixed despite hawkish comments from ECB
Risk tones are faring calmer on the day but it is still a bit early to draw much conclusions from that. In trading yesterday, we saw a turnaround at around European midday before stocks still ended the day more subdued as Russia-Ukraine tensions continue to play out. US futures are pointing higher on the day
NEW DELHI: Gold prices dropped on Wednesday, bucking the firm global trend, with futures on MCX trading lower by 0.31 per cent or Rs 158 at Rs 50,170 per 10 grams. The safe-haven demand was offset by a rise in US treasury yields. Higher yields and interest rate hikes dent the appeal of bullion by
US stocks tumbled sharply overnight after the West unveiled a wave a sanctions on Russia’s invasion on Ukraine, and warned that more are underway. But other markets were pretty steady, with Asian markets trading mildly higher. Gold is struggling to stand above 1900 handle. WTI crude oil is also gyrating below 96. In the currency
New Delhi: Gold prices in the national capital on Tuesday jumped by Rs 552 to Rs 50,518 per 10 gram in line with positive global trend and a rupee depreciation, according to HDFC Securities. The yellow metal had closed at Rs 49,966 per 10 gram in the previous trade. Silver also shot up by Rs
A snapshot of the market before and after the Biden speech shows: Dow industrial average moved from -674.33 points to -518.58 points S&P index moved from -74.06 points to -49.64 points NASDAQ index moved from -260.69 points to -171.16 points Russell 2000 move from -33.71 points to -24.96 points In the precious metals Gold move
The markets are surprisingly calm despite some initial volatility on escalation in Russia Ukraine situation. News of sanctions on Russia are staying to flow out, with the UK sanctioning five Russians banks and three individuals. Germany also put the certification of the Nord Stream 2 gas pipeline on hold. But there are just very little
German DAX futures -1.6% UK FTSE futures -0.9% Spanish IBEX futures -1.5% It’s not looking pretty for equities as Russia-Ukraine tensions continue to play out, with sanctions starting to come into the picture against Russia. It also remains to be seen what the Ukraine response will be and how much further does Putin want
NEW DELHI: Gold prices rallied on Tuesday, hitting a nine-month high, as geopolitical worries intensified. Russian President Vladimir Putin recognised two breakaway regions in eastern Ukraine as independent and ordered the Russian Army to launch what Moscow called a peacekeeping operation into the area, accelerating a crisis the West fears could unleash a major war.
Market sentiment sinks deeply after Russian President Valdimir Putin declared recognition of independence of the breakaway regions of eastern Ukraine, and ordered troops to enter the regions, which is seen as risk of imminent invasion. Coordinated sanctions on Russia are expected shortly from the US and allies, including the UK, France and Germany. It seems
The announcement itself wasn’t a surprise as the broadcast of the security meeting was released and he called Macron and Scholz to tell them before hand. Immediately after the announcement, a separate video was broadcast of him signing the decrees. Before he made the official announcement, he delivered a long history lesson. Then he talked
New Delhi: Gold prices on Monday declined by Rs 212 to Rs 49,827 per 10 gram in the national capital, in line with selling in the overseas markets, along with a rupee appreciation, according to HDFC Securities. The yellow metal had closed at Rs 50,039 per 10 gram in the previous trade. Silver tumbled by
Risk sentiment turns sour again as the arrangement for a Biden-Putin summit looks far from being promising. As the same time, there seems to be some scattered escalations in Russia-Ukraine situations. Major European indexes are trading mildly lower, together with US futures. Gold is holding in tight range slightly below 1900 handle. But in the