Gold price rallied Rs 1,100 to Rs 72,450 per 10 grams in the national capital on Friday, taking cues from the global market and a rise in domestic demand. In the previous session, the precious metal had settled at Rs 71,350 per 10 grams. Silver prices also jumped Rs 1,400 to Rs 82,500 per kilogram
Republican presidential candidate former President Donald Trump speaks during a press conference at his Mar-a-Lago estate on August 08, 2024, in Palm Beach, Florida. Joe Raedle | Getty Images Republican presidential nominee Donald Trump on Thursday said that he should have a voice when the Federal Reserve makes its decisions on interest rates. “I feel
In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT The Paramount Studios in Los Angeles on April 29, 2024. Eric Thayer | Bloomberg | Getty Images Paramount Global is cutting 15% of its U.S. workforce, or about 2,000 jobs, part of a broader cost-cutting plan as it prepares for a merger with Skydance Media.
A Easiest Forex Trading Strategy in bangla is here! This forex trading strategy is only for beginners. Watch this forex strategy video till the end. ✅Join FREE – Telegram https://t.me/TradeWithTushar ✅Forex Best Broker – EXNESS https://bit.ly/TradewithTusharExness ✅Binary Best Broker – QUOTEX https://bit.ly/TradewithTusharQuotex ✅Follow me on – INSTAGRAM https://www.instagram.com/tradewithtusharyt ✅Risk Warning – Trading in high-frequency trading,
The Indian Rupee trades on a stronger note in Friday’s Asian session. A deeper Fed rate cut expectation and the potential RBI intervention underpin the INR. Higher crude oil, weakness in its Asian peers and India’s foreign outflows might weigh on the local currency. The Indian Rupee (INR) gains traction on Friday. Traders increasingly expect
The financial markets are relatively quiet in Asian session today, with major currency pairs and crosses trading within yesterday’s range. BoC’s summary of deliberations suggested that the central bank is on track for further policy loosening. Meanwhile, BoJ’s summary of opinions indicated the board is preparing for more rate hikes. Comments from RBA’s Governor reiterated
The scare for lower growth and increasing unemployment was lessened today after initial jobless claims came in lower-than-expected 233K versus 250K last week. Maybe the employment picture is not so alarming after all. If bad data is bad for the market, good data has to be good for the market, and that is what we
Inflation, both CPI and PPI, data from China for July 2024 The m/m PPI is -0.2% This data comes in higher than expected for CPI, and also (not as negative as expected) for PPI. The pick up in consumer inflation moves the danger of deflation in China little further away. It also suggest some improvement
August’s seasonal strength in gold might be influenced by some specific events this month, including US election developments, the Jackson Hole Symposium and Nvidia’s earnings call, even as the current equity rout is playing out in favour of gold, according to World Gold Council (WGC). In its gold market commentary released on Thursday, WGC said,
Jeremy Siegel Scott Mlyn | CNBC Wharton School Professor Jeremy Siegel no longer thinks it’s vital for the Federal Reserve to implement an emergency interest rate reduction, but still wants policymakers to cut quickly and aggressively. Siegel caused a stir Monday when he told CNBC that Fed Chair Jerome Powell and his colleagues should institute
In this article ELF Follow your favorite stocksCREATE FREE ACCOUNT Courtesy: e.l.f Beauty E.l.f. Beauty‘s growth story is still going. The cosmetics retailer on Thursday blew past quarterly estimates again, posting a 50% gain in sales. The company’s sales soared to $324.5 million in its fiscal first quarter, leading it to raise its full-year guidance. That
EUR/USD falls sharply as the US Dollar recovers after lower US Initial Jobless Claims. Investors see the Fed cutting interest rates aggressively this year. The ECB is expected to reduce its key borrowing rates two times more by the year-end. EUR/USD slumps below 1.0900 in Thursday’s American session. The major currency pair weakens as the US Dollar (USD) recovers strongly on soft
Forex trading continues to be subdued today, with Dollar gaining slightly in the early US session after better-than-expected jobless claims data. This data is particularly crucial as market participants are closely monitoring employment figures following the triggering of the Sahm Rule, which signals potential rapid employment deterioration leading to a recession. However, so far, there
The initial jobless claims came in lower than expectations, and that has helped to push the US dollar higher. In the kickstart video above, I take a look at three of the major currency pairs from a technical perspective – the EURUSD, USDJPY and GBPUSD. What has been the impact from the data and what
Last weekend earlier this week, bad news was bad news. Today there was good news in the form of initial jobless claims ticking back to 233K from 250K last week. The expectations was for 240K. That has helped to push stocks higher as good news is good news. A snapshot of the market is showing:
Gold October futures contracts at MCX opened flat on Thursday at Rs 68,860 per 10 gram, which is up by 0.15% or Rs 105 while silver September futures contracts were trading at Rs 79,019/kg, up by 0.15% or Rs 119. In this week so far, the prices of gold have fallen by Rs 1,000/10 gm
In this article Follow your favorite stocksCREATE FREE ACCOUNT 15 November 2023, Bavaria, Munich: Flags with the word “Siemens” in front of the company’s headquarters. Siemens publishes figures for fiscal year 2022/23. Photo: Karl-Josef Hildenbrand/dpa (Photo by Karl-Josef Hildenbrand/picture alliance via Getty Images) Karl-Josef Hildenbrand | Picture Alliance | Getty Images German industrial technology giant
Milestone Forex Success Strategy to Make Millions Online”: “Ready to achieve milestone success in Forex trading and make millions online? In this video, we’ll share a proven strategy to help you: – Scale your trading account exponentially – Identify and capitalize on high-profit trades – Manage risk and maximize returns – Build a sustainable online