NEW DELHI: Gold declined by Rs 152 to Rs 48,107 per 10 gram in the national capital on Monday in line with weak global trends, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 48,259 per 10 gram. Silver also tumbled Rs 540 to Rs 69,925 per kilogram from
The financial markets continue to be relatively mixed entering into US session. Aussie and Kiwi are currently the strongest one, together with Yen. On the other hand, Dollar and Euro are the weakest ones, together with Loonie. European indexes are trading mildly higher but upside is limited. Gold and oil are also struggling in tight
Chairman of the Federal Reserve Jerome Powell listens during a Senate Banking Committee hearing on “The Quarterly CARES Act Report to Congress” on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh | Reuters The Federal Reserve is in the early stages of a campaign to ready markets for reducing its $120 billion in
German DAX trade to a new all-time high today. France’s CAC traded to its highest level since 2000 this week the European shares are ending the day mostly higher. The exception is the Spain’s Ibex which is down around -0.5%. For the week, the major indices are mostly higher again with Spain’s Ibex trading in
Japan’s draft fiscal blueprint: wants to prevent deflation, wants fiscal reform, & to hit 2% BOJ target Coming Up! Title text for next article LON +1 SDNY+11 NY -4 TYO +9 GMT Lofty goals indeed for the Japanese government’s fiscal reform blueprint. will strive for fiscal reform, take flexible economic policy ‘without hesitation’ hopes BOJ
MUMBAI: The National Commodity and Derivatives Exchange (NCDEX) on Saturday said it has posted an over three-fold jump in its Average Daily Turnover Value (ADTV) at Rs 2,139 crore in May, compared to the same month last year. In May 2020, NCDEX had posted an ADTV of Rs 588 crore after a complete pan-India lockdown
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Signs of bottoming have been spotted for these growth stocks — TIGR, FUBO, SKLZ. Watch the video below to find out how you can participate via low risk entry with either breakout trading or pullback trading before they take off. [embedded content] Timestamps 0:16 TIGR (UP Fintech Holding Limited) 6:21 FUBO (FuboTV Inc) 12:53 SKLZ (Skillz Inc)
Swing area between 0.7207 and 0.72122 The NZDUSD followed the dollar lower trend and spiked to the upside. The move higher took the price back above its 100 day moving average at 0.71780. It also moved above the 38.2% retracement of the move down from last week’s high at 0.71977. The high price moved to 0.72087. That high stalled within
The rise since April is mostly wiped out There is an opportunity in Colombia as negotiations continue with protestors. The temperature in the situation looks to be falling as road blocks diminish. There was even a large counter protest in Bogota this week. USD/COP jumped at the outset of the unrest but it’s now threatening
The era of unintelligible contracts written in legalese by lawyers in $2,000 suits with degrees from Ivy League schools is over. The contracts of the next century will be hybrid smart contracts, written in code by programmers wearing $20 hoodies and living in their NYC-shared apartment. What is a hybrid smart contract? Smart contracts are
Oil is back on the boil after a small pause. In Mumbai, the price of petrol breached the Rs 101-a-litre mark at Rs 101.25 per litre. The fuel in the national capital crossed the Rs 95-per-litre mark. It is being sold for Rs 95.03 a litre, up from Rs 94.76 on Saturday. In Chennai and
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Federal Reserve Chairman Jerome Powell Kevin Lamarque | Reuters Federal Reserve Chairman Jerome Powell said Friday that climate change is not a main consideration for the central bank when formulating monetary policy. Speaking on a panel of his global colleagues, the head of the U.S. central bank said taking on issues related to global warming
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Near 100/200 hour MAs and 50% of the week’s trading range The GBPUSD closed last week near 1.4183. The high for the week reached up to 1.42493 on Tuesday. That high took out the high price from February 2021 at 1.4240 (not shown), but only by 9 pips. The move also took the pair to the