New Delhi: Gold prices in the national capital rallied by Rs 446 to Rs 46,460 per 10 grams on Tuesday, with recovery in global precious metal prices and rupee depreciation, according to HDFC Securities. In the previous trade, the precious metal had ended at Rs 46,014 per 10 grams. Silver also gained Rs 888 to
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Commodity currencies remained generally pressured in Asian session today. While DOW and S&P 500 managed to reverse initial losses to close at new record highs, there is no follow through risk-on sentiment in Asia. Canadian Dollar is additionally weighed down with WTI crude oil dipping below 68 handle. Aussie is getting not particular support from
In this article WMT A shopper wearing a protective mask shops in a Walmart store on May 18, 2021 in Hallandale Beach, Florida. Joe Raedle | Getty Images Walmart is set to report its fiscal second-quarter earnings before the bell on Tuesday. Here’s what Wall Street is expecting: Earnings per share: $1.57, according to Refinitiv
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Silver edges higher following the corrective pullback from multi-day low. Firmer RSI, successful break of support-turned-resistance back the bulls. 200-SMA adds to the upside filters, weekly support line offers extra challenge for bears. Silver (XAG/USD) consolidates the last week’s slump, up for the third consecutive day around $23.88 amid Tuesday’s early Asian session. In doing
RBA minutes due at 0130 GMT AUD/JPY slumped as low as 79.89 yesterday, just above the July low of 79.84. It’s since rebounded 30 pips but remains within the danger zone as we count down to the minutes of the August 3 RBA decision. For me, this chart doesn’t look great. The temptation is to
This chart is a gem Here’s the 30 minute chart of the cash S&P 500 index. You can see the big drop at the open today, some choppy trading for the next hour and then utterly relentless buying. It’s the kind of pattern we’ve seen play out so many times, though not always as picturesque
The double-digit rallies seen from many altcoins shows traders are becoming increasingly bullish with the passing of each day, but maintaining this momentum will to some extent depend on Bitcoin’s (BTC) short-term price action. Data from Cointelegraph Markets Pro and TradingView shows that after touching the $48,000 price level during the early morning trading hours
LONDON: Oil fell by over 3 per cent on Monday to a one-week low, dropping for a third session after official data showed refining throughput and economic activity slowed in China, an indication that COVID-19 outbreaks are crimping the world’s second-largest economy. Brent crude was down $2.21, or 3.1 per cent, at $68.38 a barrel
Risk aversion is a main theme today, on situation in Afghanistan, poor China data, and spread of Delta virus. Yen and Swiss Franc rise broadly, and to a lesser extent followed by Dollar. Commodity currencies are all in red, in particular with Aussie pressured by increasing pandemic restrictions. On the other hand, Euro and Sterling
NIO stock is lower again in premarket trading. NIO breaks $40 in Monday’s premarket session. NIO has been falling since the results last week. NIO shares are down again in Monday’s premarket as some sad news hits the stock in relation to a driver fatality. The Securities Times which is a Chinese publication is reported as
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Yen rises broadly in Asian session on a couple of risk off factor, all linked to the pandemic. The set of weaker than expected data from China suggested that recovery is losing much momentum as the coronavirus is back. Japan reported surge in infections while Australia is also back in tighter restrictions. Commodity currencies tumble
Traders on the floor of the New York Stock Exchange. Source: NYSE Retail earnings have never been better, but the delta variant remains the wildcard. In theory, this is a golden moment for retailers, which begin reporting earnings this week. Consider the following: The consumer is flush. The American consumer has never had more disposable cash
USD/JPY down 0.2% to 109.30 levels currently Invest in yourself. See our forex education hub. The sharp move lower on Friday came as Treasury yields and the dollar sank and with yields keeping lower once again today, the downside momentum in the pair is staying the course as European traders enter the fray. USD/JPY is