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Comments by UK housing secretary, Robert Jenrick We are working through the serious issues There is not yet sufficient progress There is not yet a deal the PM thinks he can sign up to The same old story we’ve been hearing for weeks and months on end, as the clock continues to tick down to

NEW DELHI: Gold and silver futures prices in the domestic market slipped on Wednesday as traders booked profits but the losses were checked by grim macro data and US stimulus. US Congress passed a massive Covid-19 aid and government funding package overnight aimed at bolstering the nation’s battered economy. Data on Tuesday showed US consumer

Gold’s rebound late November has continued for a third week. Besides bargain hunting, Fed’s pledge to keep the policy rate low and strengthening in the forward guidance in QE, as well as the latest fiscal package approved by the Congress are the key driving forces supporting the yellow metal. The US congress has managed to

Irish PM Martin speaks to reporters in Dublin The Irish PM Martin is on the wires saying: Thinks a deal is more likely than a less likely Would like to see a deal before Christmas. Talks may go beyond December 25 Number of ways to deal with fishing issue aside from over percentage share There is little reaction

Gold prices fell Rs 243 to Rs 49,653 per 10 gram in the national capital on Tuesday, reflecting the weakness in global price of the precious metal, according to HDFC Securities. In the previous trade, the yellow metal had closed at Rs 49,896 per 10 gram. Silver prices also declined Rs 216 to Rs 67,177

It seems that traders are already on holiday with the subdued market activity today. Sterling softens again on reports that EU rejected UK’s latest proposal on fishing rights. Australia and Zealand Dollars also dip mildly. On the other hand, Swiss France firms up together with Euro, followed by Dollar and Yen. Gold and oil are

Another rough day for Asian equities The risk mood is keeping more on the defensive once again, with Japanese stocks ending the day lower while the Hang Seng is down 1.1% and the Shanghai Composite seen down 1.3% going into the closing stages of the day. S&P 500 futures are also down 0.5% while Nasdaq

NEW DELHI: Gold and silver futures prices in the domestic market climbed on Tuesday as agreement on the US stimulus package lifted the appetite for bullion. A majority of the US House of Representatives voted to move a $900 billion coronavirus aid bill struck by Congressional leaders for a vote on passage on Monday evening.

Sterling’s exceptional volatility continued as traders turned a bit more optimistic on a Brexit trade deal. But upside remains capped, as nothing is done until everything is done. Markets are also mixed elsewhere, with the positive impact of US fiscal stimulus being offset by worries over new strain of coronavirus. Economic calendar continues to be

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Gold prices erased earlier gains to fall by as much as 1.3% on Monday, pressured by an advancing dollar as fears of a new coronavirus strain gripped markets and forced tougher restrictions. Spot gold fell 0.3% to $1,874.91 per ounce by 1115 GMT, having earlier hit its highest since Nov. 9 at $1,906.46. U.S. gold

European markets open the week in heavy selloff on worries over a new strain of coronavirus discovered in the UK, which was seen as “out of control” by the Health minister. At the time of writing, DOW future is also down around -500 pts. Dollar is staging a broad based rebound on risk aversion today,

This adds to the growing list of countries placing the UK on the incoming travel ban list amid the new strain of coronavirus found there In Europe itself, Germany, France, Italy, Netherlands, Belgium, Austria, and Bulgaria among others have already announced restrictions on UK travel and it appears now that things are turning more international

NEW DELHI: Gold and silver futures prices in the domestic market climbed on Monday as agreement on the US stimulus package lifted the appetite for bullion. US congressional leaders have reached agreement on a $900 billion package to provide the first new aid in months to the coronavirus-hit economy, the Senate’s top Republican and Democrat

BOE left the Bank rate unchanged at 0.1% and the asset purchase program at 875B pound. The central bank remained cautious about the “unusually uncertain” economic outlook and pledged to take “whatever additional action is necessary” if the outlook for inflation weakens. Despite forecasts that GDP growth in December would come in weaker than November’s

More from the Wall Street Journal reporting on apparent progress on the COVID-19 stimulus package in Congress. This from earlier for background: Senate Minority Leader Schumer told media he thought both houses of Congress, the House and Senate, would be able to vote on the relief bill on Sunday. “It looks like we’ll be able

By Jack Farchy and Nishant Kumar For the best part of a decade, commodities have been deeply out of fashion. Now, as investors scour the market for the great reflation play, they’re hot again. Investing luminaries from Point72 to Pimco are calling for commodity prices to move higher. Goldman Sachs Group Inc., the bellwether of

Dollar’s broad based down trend resumption was a major theme last week. Though, Canadian Dollar was the worst performing one, as it digested recent oil price supported rally. Overall risk appetite, with NASDAQ extending record run, kept Yen and Swiss Franc soft too. As Brexit trade negotiations went into an extra mile, Sterling reversed some