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Market moves: WTI crude oil down $1.20 to $67.10 US 10-year yields down 2.9 bps to 4.15% Bitcoin up $2544 to $101,540 Gold up $1 to $2633 S&P 500 up 0.2% JPY leads, AUD lags The theme all week is that it’s been tough to tie market moves to economic news/data and today was no

Monitoring the actions of large institutional investors can provide valuable insights, as they usually perform in-depth research before making investment choices. An ETMarkets study indicates that foreign institutional investors (FIIs) have consistently raised their investments in 253 stocks during the past three quarters (January to September 2024). Additionally, we focused on stocks with a market

Dollar came under pressure against European currencies following release of US non-farm payroll report, despite the data being robust overall. In contrast, the greenback held firm against Yen and Aussie, while advancing against Loonie, with the latter pressured by surprisingly large increase in Canada’s unemployment rate, signaling sharp loosening in its labor market. The NFP

The US dollar has recouped the non-farm payrolls declines and — in most cases — even more. EUR/USD is down to 1.0560 from a high of 1.0630. EUR/USD 10 mins I think — or at least hope — that most of this is on a deeper dive into non-farm payrolls. You essentially have two surveys

Gold prices surged on Friday as market participants braced for US jobs data, which is expected to provide insights into the future trajectory of interest rate cuts. As of 10:13 am, February gold futures were trading at Rs 76,777 per 10 grams on the MCX, up by Rs 301 or 0.39% from the previous session’s

US financial markets basked in risk-on sentiment overnight, with S&P 500 and NASDAQ scaling new record highs. Bitcoin seized the momentum, surging past the psychologically significant $100K mark. Dubbed the “Trump Trade,” optimism over President-elect Donald Trump’s policies has returned in full force and is likely to persist, barring surprises from tomorrow’s pivotal non-farm payroll

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

Oil prices slipped in early Asian trading on Friday, with weak demand in focus after the OPEC+ group postponed planned supply increases and extended deep output cuts to the end of 2026. Brent crude futures fell by 9 cents, or 0.1%, to $72 per barrel by 0116 GMT. U.S. West Texas Intermediate crude futures fell

Sterling rallied broadly today, driven by BoE’s Monthly Decision Maker Panel survey, which underscored a complex economic outlook that reinforces the central bank’s cautious approach to policy easing. The survey revealed a mixed picture of inflationary and deflationary pressures. Notably, 54% of businesses anticipate raising prices in response to National Insurance contribution hikes outlined in

TSLA is now up almost 50% since the election day as the bullish momentum in the stock exploded following Trump’s victory. This shouldn’t be surprising given that Elon Musk bet big on Trump and the market is now rewarding it. TSLA stock 1 hour It looks like the US economy continues not only to do

On Thursday, benchmark index Sensex, gained 810 points, closing at 81,765. During this rally, four stocks from the BSE commodities index reached their 52-week highs. A 52-week high reflects the highest price a stock has achieved over the past year, providing key insights for traders and investors. This metric is essential for evaluating a stock’s

Australian Dollar faced broad declines in Asian trading following Q3 GDP data that fell short of expectations, marking a continued slowdown in the economy. Despite the weakness, the data isn’t severe enough to prompt an immediate policy response from RBA, either this month or in February. The central bank’s decision-making remains anchored on progress in

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

Recently, the market has been highly volatile, with the benchmark index, Sensex, experiencing swings of over 500-1000 points in a single day—rallying one day and falling the next, followed by another rally. In such uncertain times, investors tend to focus on fundamentally stable stocks. In today’s analysis, ETMarkets has identified 11 such stocks that have

Dollar is mixed as markets enter into US session, with traders digesting the slightly weaker-than-expected ADP private employment report. The re-accelerating pay growth as shown in the report might prompt some concerns among hawkish members of Fed. But the focus remains on Friday’s non-farm payroll data, the definitive input for assessing labor market health. Fed

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 remained largely unchanged on Wednesday as markets awaited the US jobs data and comments from Federal Reserve Chair Jerome Powell for further clues on the US interest rate cut path. As of 10:10 am, February gold futures were trading at Rs 76,871 per 10 grams on the MCX, down by Rs 32 or

Trading in the forex markets were subdued in the Asian session. Low activity is expected to persist for the rest of the day due to a light economic calendar. Dollar remains resilient, supported by expectations that the incoming US administration will favor a strong currency. While the sharp drop in US Treasury yields has put