Bursa ends lower amid holiday-shortened week
Losers outpace gainers 454 to 376, 447 counters unchanged, 1,028 untraded, 15 suspended.
USD/INR remains subdued as speculation increases regarding a potential Fed rate cut
The Indian Rupee (INR) strengthens on Monday. The expectation that the US Federal Reserve (Fed) might cut the interest rate in September has lifted the INR.
Europe's inflation is up after months of decline. It could mean a longer wait for interest rate cuts
FRANKFURT, Germany (AP) — Inflation plaguing Europe rose to 2.9% in December, rebounding after seven straight monthly declines. The rise in price levels cast doubt on predictions for speedy interest rate cuts from the European Central Bank.
WTI drops to near $70.50 on heightened oil supply, reconsideration on Fed rate cuts
West Texas Intermediate (WTI) price trades near $70.50 per barrel during the Asian session on Wednesday.
Gold Price Forecast: XAU/USD surges to a seven-month high, amid Powell's remarks
Gold price extended to a new seven-month high in the mid-North American session after the US Federal Reserve Chair Jerome Powell welcomed recently revealed soft inflation data, though stressed core inflation “is still too high.” At the time of writing, the XAU/USD is trading at around $2059, gaining more than 1.10%.
Silver Price Forecast: XAG/USD nosedives as US yields rally in a data-packed week
Silver price (XAG/USD) fell vertically to near $23.15 as investors rush for safe-haven assets in the early New York session.
Gold rates in Visakhapatnam today slashes, check the rates on 27 August, 2024
Gold rates in Visakhapatnam today slashes
Gold rates in Vijayawada stable, check the rates on 12 May, 2024
Gold rates in Vijayawada today stable
Gold rates in Visakhapatnam today surges check the rates on 11 August, 2024
Gold rates in Visakhapatnam today surges
US stock futures slip after Fed chair Jerome Powell pours cold water on investors' hopes for early rate cuts
US stock futures fell ahead of Monday's opening bell. Jerome Powell said the Federal Reserve may only cut interest rates three times this year.
European inflation up after months of decline
The figure could mean an even longer wait for interest rate cuts, analysts say.
December sees drop in home-cooked meal prices following sharp decline in onion prices
According to the the report the cost of a vegetarian (veg) thali fell by 3 per cent to Rs 29.7, while a non-vegetarian (non-veg) thali dropped by 5 per cent to Rs 57.6 during the same period.
Gold Price Forecast: XAU/USD remains under pressure below $2,030, eyes on Chinese data, US Retail Sales
Gold price (XUA/USD) remains under pressure below the mid-$2,000s during the early Asian session on Wednesday.
China's Oil Demand Growth to Cool in 2024 as Recovery Fades
(Bloomberg) — China will see oil demand growth slowing next year, casting a pall over an already disappointing global picture for 2024, as the impact of pent-up appetite for travel and consumption following a three-year pandemic begins to fade away.
Pay rise of 10.25% over 2.5 years for public sector agreed after 'difficult' all-night talks
The pay increase will benefit over 385,000 public and civil workers.
Boost for PM as government borrowing fell to four-year low in December
Official figures showed the public sector was £7.8billion in the red in December, significantly below the £11.4billion markets had expected.
Petrol, diesel prices left unchanged for next fortnight
The latest review shows that petrol and diesel prices increased by around Rs50 per litre during 2023.
Slight decrease in petrol and diesel prices in Bhubaneswar on Thursday
Bhubaneswar: The prices of petrol and diesel have decreased slightly in Odisha’s capital city Bhubaneswar on December 28, 2023, on Thursday. The petrol
Philippine inflation at near 2-year low but rates likely to stay elevated
MANILA: Philippine inflation slowed to its weakest in nearly two years in December but full-year readings remained outside the central bank's target zone, diminishing chances of near-term rate cuts. The central bank did not waver on Friday (Jan 5) from its stance in early December that policy settings woul
Relief for Brits as wages beat inflation by 2% - highest since 2021
Regular pay increased 2 per cent above headline CPI in the three months to January after price growth slowed.
Gold Price Forecast: XAU/USD soars on geopolitical tensions, dovish Fed rate cut speculation
Gold price rallied sharply on Friday, spurred by a risk-off impulse due to tensions arising around the Red Sea, as the US and the UK retaliated against Houthi's attack on a US ship on Thursday.
Petrol, diesel prices may soon drop – Know rates in Hyderabad, other cities
Union government is exploring the option of reducing petrol and diesel prices in all Indian districts and cities, including Hyderabad.
Investors are warning govts over high levels of public debt: Report
Investors around the world are warning government over “unmoored” levels of public debt, media reports said
Gold prices remain steady; silver declines Rs 400 - Greater Kashmir
Silver prices, however, declined Rs 400 to Rs 87,800 per kilogram. It had ended at Rs 88,200 per kg in the previous session on Tuesday
Inflation in Germany reaches a two-year low as U.K. wage growth cools
Inflation in Germany fell to a more than two-year low, according to data released Tuesday that suggest interest-rate cuts may be coming soon.
Gold Price Forecast: XAU/USD surges to six-month high amid soft USD ahead of Fed speeches
Gold price climbs to a six-month high, more than 0.50% on Tuesday, early in the North American session, as the Greenback remains on the defensive, undermined by falling US Treasury bond yields.
NZD/USD drops to near 0.6000 after the release of the softer Kiwi data
NZD/USD continues to lose ground for the second session, trading around 0.6000 during the Asian session on Monday.
House prices predicted to rise further in 2024 with strongest growth outside Dublin
A new report found DNG found the average price of a second-hand home in Dublin was €531,773 last year, and €264,772 nationally excluding the capital.
European stocks churn on Monday before settling slightly lower
European equities shifted around the centerline on Monday before settling slightly in the red to kick off the new trading week as investors await another raft of earnings data while pan-European economic data continues to get stuck in the mire.
USD/CAD remains below 1.3650 due to dovish sentiment surrounding the Fed
USD/CAD traces back its recent gains, trading around 1.3630 during the Asian session on Monday.
Rupee falls four paise to 83.02 against U.S. dollar in early trade
The Rupee depreciated four paise to 83.02 against the U.S. dollar in early trade on February 5, tracking a strong American currency and rising crude oil prices in the international market.
Japan Retail Trade (YoY) came in at 4.2%, below expectations (5.9%) in October
Japan Retail Trade (YoY) came in at 4.2%, below expectations (5.9%) in October
Demand for AMD CPUs surges as crypto mining rises from the ashes
Mining some coins became profitable again.
Gold prices soar to new high for seventh day in a row - Greater Kashmir
Central banks of various countries, led by China, have also been buying gold in large quantities which has contributed to the price rise
Gold Price Forecast: XAU/USD recovers some lost ground below the mid-$2,000s
Gold price (XAU/USD) recovers some lost ground below the mid-$2,000s during the early Asian session on Tuesday.
GBP/JPY churns around 189.00 on Thursday as markets await BoJ rate hikes
GBP/JPY rallied and dipped before recovering to the midrange on Thursday, spinning in place near the 189.00 handle as Guppy traders look for movement from the Bank of Japan (BoJ).
Minimum wage increase slammed as 'tiny' by Labour, but it could've been lower
Brooke van Velden wanted the increase to be even less than the 2 percent rise announced today.
Gold Price Forecast: XAU/USD remains undeterred by the waning outlook for a rate cut – ANZ
The Gold price rally towards the $2,200 level is beyond explanation by macroeconomic and geopolitical developments, economists at ANZ Bank say.
Gold rates in Delhi surges, check the rates on 28 April 2024
Gold rates in Delhi today surged
Gold Price Forecast: XAU/USD stays firm above $2050 amid geopolitical tensions
Gold price extended its gains for three straight days and stayed firm above the $2050 figure on Monday amid thin volume conditions sponsored by a holiday in the United States (US).
Belgium Gross Domestic Product (QoQ) fell from previous 0.3% to 0.2% in 2Q
Belgium Gross Domestic Product (QoQ) fell from previous 0.3% to 0.2% in 2Q
Job openings fell again in April, hitting lowest level since February 2021 in a sign of labor market weakening
Job openings fell more than forecast in April, signaling a potential weakening in the labor market.
Mexican peso falls to two-day low as traders brace for US CPI data
The Mexican Peso (MXN) extended its losses for two straight days against the US Dollar (USD) during the North American session as USD/MXN buyers stepped in and lifted the exchange rate past 17.00 to reach a daily high of 17.02.
Weekly mortgage demand stalls, even though rates drop to lowest since April 2023
Mortgage rates fell last week for the fourth straight week, but neither current homeowners nor homebuyers seemed particularly impressed.
Gold Price Forecast: XAU/USD edges lower below $2,400, PBoC refrains from gold purchases for second month
Gold price (XAU/USD) attracts some sellers near $2,385, snapping the three-day winning streak during the early Asian trading hours on Monday.
UK economy posts 0.1% growth in February in further sign of recession rebound
The U.K. economy fell into a recession last year but showed slight growth in January.
Wholesale inflation hits three month high in March, surges to 0.53%
India's wholesale price index-based inflation rose to 0.53% in March, reaching the highest level in three months, as per data from the Commerce Ministry.
USD/INR: Rupee will likely underperform during the USD sell-off expected in 2024 – ANZ
Economists at ANZ Bank expect the Indian Rupee to underperform in Asia on the back of the RBI’s reserve accretion.
Gold Price Forecast: XAU/USD remains range-bound above $2,020 in a busy week of policy meetings
Gold price (XAU/USD) clings to the range-bound theme during the early Asian session on Tuesday.
We're trimming a Fed rate cut play after a recent rally and ahead of earnings
We're not calling for an earnings miss — just protecting against any disappointment in the commentary.
last updated on 20 Sep 01:58