Gold prices remained broadly unchanged in United Arab Emirates on Wednesday, according to data compiled by FXStreet. The price for Gold stood at 344.14 United Arab Emirates Dirhams (AED) per gram, broadly stable compared with the AED 343.96 it cost on Tuesday. The price for Gold was broadly steady at AED 4,014.00 per tola from
Dollar weakened notably against European majors and Yen as markets transitioned into US session, despite subdued overall trading activity. The decline was largely driven by extended fall in US 10-year Treasury yield, which hit its lowest level since mid-December. Beyond geopolitical and trade war concerns, market focus has turned toward whether slowing US consumption and
The NZDUSD has seen the price move lower in trading today as risk-off sentiment led to declines. Having said that, the fall was not without it’s ups and downs intraday. Nevertheless, technically speaking, the first corrective high in the Asia-Pacific session stalled against the 100-hour moving average (blue line on the chart below). The rest
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
In a world marked by geopolitical uncertainties, changing monetary policies, and economic volatility, gold continues to shine as a reliable investment avenue. In an interview with ETNow Sanjay Bembalkar, Co-Head of Equity at Union Asset Management Company, highlights the strategic importance of gold in an investor’s portfolio, particularly through Gold ETFs (Exchange Traded Funds). In
Home Depot on Tuesday reported better-than-expected fourth-quarter results, but high interest rates continue to cloud its outlook for the year. Net sales in the three months ended Feb. 2 rose 14.1% to $39.7 billion, topping estimates of $39.16 billion, according to LSEG. Earnings per share (EPS) increased 6.7% on annual basis to $3.02, a penny
Trump Trade Advisor Peter Navarro hinted at the possibility of yet more tariff exemptions during an interview on CNBC on Tuesday. Trade Advisor Navarro’s comments, while welcome by markets, contradict statements from other Trump administration policymakers who have already earmarked planned tariffs as a potential funding source to plug the upcoming holes in team Trump’s
Dollar gained slightly overnight, buoyed by mild risk aversion and ongoing tariff threats from President Donald Trump. However, the lack of follow-through momentum in the greenback suggests traders remain hesitant to commit to large directional bets amid persistent policy uncertainty. US stock market weakness has been most pronounced in the NASDAQ, which fell by more
Fundamental Overview The USD has been relatively stronger against most major currencies since Friday as the markets went into risk-off following some bad US data release. In fact, we got a weak US Flash Services PMI and soon after the long-term inflation expectations in the Final UMich Consumer Sentiment survey jumped to a new 30-year
Bitcoin (BTC/USD) daily chart It’s been a rough week so far for cryptocurrencies with some heavy selling in the last two days. Bitcoin itself is down 7% during this period, now testing waters under $90,000 again. It’s only the second time in three months that price is threatening to drop below the figure level but
Gold prices surged to nearly their record high level on Monday before witnessing some profit booking amid uncertainty and safe haven buying. On Tuesday, Gold April futures contracts at MCX opened higher today at Rs 86,380 per 10 gram, which is up by 0.22% or Rs 200 Silver March futures contracts also opened higher today.
In this article CHGG GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Chegg seen at the New York Stock Exchange on Feb. 13, 2025. Danielle DeVries | CNBC Chegg on Monday filed suit in federal district court against Google, claiming that artificial intelligence summaries of search results have hurt the online education company’s traffic and revenue.
The Indian Rupee weakens in Tuesday’s Asian session. Renewed US Dollar demand and persistent foreign outflows continue to weigh on the INR. The Conference Board’s Consumer Confidence is due later on Tuesday. The Indian Rupee (INR) edges lower on Tuesday. The local currency remains under pressure amid US Dollar (USD) demand from oil companies and
Euro’s brief post-election rally faded quickly, as investors welcomed CDU/CSU’s victory but remained cautious due to lingering uncertainties around coalition formation and fiscal policy. While a relatively centrist government comprising CDU and the Social Democrats would provide stability, challenges surrounding the “debt brake” reform and defense spending continue to cloud the outlook. A coalition with
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
The economic calendar was light today with the less followed Dallas Fed manufactuing index the only release. It showed a fall to -8.3 from 14.1 last month. That was the lowest level going back to September 2024. With stocks giving up their gains early in the day, the data helped to push the indices down
weekly inflow since March 2022 last week, data by the World Gold Council (WGC) showed on Monday. Gold ETFs store bullion for investors and account for a significant amount of investment demand for the precious metal , which hit a record high of $2,956.15 per troy ounce on Monday. Gold ETFs saw an inflow of
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. David A. Grogen | CNBC Berkshire Hathaway on Saturday reported a massive surge in fourth-quarter earnings from its operating businesses, driven in large part by
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