New Delhi: (IEX) has recorded an all-time high monthly trade of 9,538 million units (MU) in August which is 74 per cent higher compared to the same month last year. “The electricity market at the Indian Energy Exchange achieved a new milestone with a record all time high monthly volume of 9,538 MU achieving 74 […]
IEX logs all time high trade volume of 9538MU in August Read More »
New Zealand dollar was the only major currency rose against the US dollar in August, despite speculations over Fed’s tapering and renewed lockdown. We believe policymakers’ proactive reassurance of an October rate hike would likely make the RBNZ the first major central bank to begin rate hike after the most recent round of global monetary
Kiwi Gains Support from Hawkish RBNZ Read More »
NASDAQ:LCID shed ground, but may soon come back. Lucid rival Tesla begins to look outside of the electric vehicle industry. A new EV maker backed by Amazon for its IPO at a staggering valuation. Update: Sept 1: NASDAQ:LCID shed 10.87% on Wednesday to finish the day at $17.79 per share. Wall Street was torn between softer-than-expected
LCID Stock News: Lucid Group Inc falls, but beware of a sharp bounce Read More »
Commodity currencies lead as the yen, franc lag on the day The market is starting European trading with a more positive mood as the push higher in equities is spurring more of a risk-on trade in FX, as commodity currencies pull slightly ahead on the day now. The narrower ranges earlier are starting to stretch
Slight risk-on shift in FX to start the session Read More »
Latest data released by Markit – 1 September 2021 The preliminary report can be found here. Factory activity growth eases to a six-month low but it comes off the back of a very strong run in the past few months, spurred by the latest economic reopening going into the summer. Output and new orders are
Eurozone August final manufacturing PMI 61.4 vs 61.5 prelim Read More »
Decentralized finance (DeFi) protocol Cream Finance will pay back its users following a $18.8 million flash loan hack that occurred on Aug. 30. Cream has published a post-mortem to the AMP flash loan exploit, promising to replace the stolen Ether (ETH) and Amp (AMP) tokens by allocating 20% of all protocol fees until the debt
Cream Finance to repay stolen Ether and Amp via protocol fees Read More »