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
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The Indian Rupee loses traction in Thursday’s Asian session. The fear of wider Middle East conflicts, renewed US Dollar demand and higher crude oil prices undermine the INR. All eyes will be on the RBI’s MPC interest rate decision on Thursday, with no change in rate expected. The Indian Rupee (INR) weakens on the modest
New Zealand Dollar surged strongly today following much better than expected Q2 employment data.. Speculations of an early rate cut by RBNZ next week now seem exaggerated. Major banks still expect RBNZ to start easing monetary policy this year, with consensus pointing to the November meeting. However, there’s still a possibility that RBNZ could signal
The major US stock indices are giving back some of their gains. Although they are still higher on the day, there has been some damage done technically. Looking at the S&P index, it opened today and moved above its 100-day moving average at 5309.32. The high price for the day reached 5330.64 but has since
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Oil prices edged higher on Thursday for the third straight session after government data showed a steep draw in U.S. crude stockpiles, rebounding from multi-month lows touched this week. Brent crude futures rose 23 cents, or 0.3%, at $78.56 a barrel by 0017 GMT, while U.S. West Texas Intermediate crude gained 29 cents, or 0.4%,
Shipping giant Maersk, considered a barometer for global trade, is not seeing signs of a U.S. recession as freight demand remains robust, the company’s chief executive said Wednesday. “We’ve seen in the last couple of years, actually, [the shipping container] market remaining surprisingly resilient to all the fear of recessions that there has been,” Vincent
In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT A sign outside of the Warner Brothers Discovery Techwood Turner Broadcasting campus is seen on June 26, 2024 in Atlanta, Georgia. Kevin Dietsch | Getty Images Warner Bros. Discovery‘s stock dropped Wednesday after it reported a $9.1 billion write-down on its TV networks and missed
The US Dollar recovers for a second day in a row this week. The BoJ dropped mixed messages on its monetary policy. The US Dollar index pops above 103.00 and rallies higher on Wednesday. The US Dollar (USD) recovers as all asset classes start to head back to more normal levels. Equities are behaving quite
News flow has been slow today, with only second-tier economic data coming out of Europe and no major releases from the US. Some attention is turning towards Canada, where BoC is set to release its summary of deliberations from the July 24 meeting, which resulted in the second rate cut in a row. Despite Governor
The major US stock indices are opening sharply higher. at 15 minutes after the open, the major indices are showing: Dow Industrial Average average is up 307 points or 0.79% at 39302 S&P index is up 75 points or 1.42% at 5315. NASDAQ index is up 309 points or 1.89% at 16666 The small-cap Russell
US stock market futures are pointing higher today after the Bank of Japan walked back its hawkish stance and acquiesced to the market. S&P 500 futures are up 1.1% after a disappointing final hour of trading yesterday. Two stories have my attention: 1) SMCI shares down 14% SMCI shares are set to open at $530
Oil prices crept higher on Wednesday, though Brent still languished near seven-month lows, pressured by concerns over weak demand and fears of recession in the United States. The threat of conflict escalating in the Middle East and endangering oil production has supported prices since Tuesday. Brent crude futures were up 45 cents, or 0.6%, to
In this article CVS Follow your favorite stocksCREATE FREE ACCOUNT The CVS pharmacy logo is displayed on a sign above a CVS Health Corp. store in Las Vegas, Nevada on Feb. 7, 2024. Patrick T. Fallon | AFP | Getty Images CVS Health on Wednesday reported second-quarter earnings that topped expectations, but slashed its full-year
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Palladium prices (XPD/USD) rose on Wednesday, according to FXStreet data. Palladium trades at $881.55 per troy ounce, up 0.97% from the $873.05 it cost on Tuesday. Palladium prices have decreased by 20.07% since the beginning of the year. Unit measure Palladium Price Today in USD Troy Ounce 881.55 1 Gram 28.34 The Gold/Palladium ratio, which