IGI Logo
Toggle Navigation
News
Hindi
Hindi News
Top News
Screeners
Stocks
Stocks Screener
Stock
News
Stock Market Home Page
Stock News
Industry News
Economy News
Stock on the move
Expert Views
Research Reports
Company Result
Comp Info And Fundamentals
Company Profile
Equity
Financial Ratios
Results
Balance Sheet
Profit And Loss
Cash Flow
Share Holding
Derivatives (F&O)
Get Quotes
Market Watch
Top Gainers
Top Losers
Top Traded Quantity
Top Traded Value
Most Active Puts
Derivatives (F&O)
Most Active Calls
Put Call Ratio
Highest In Premium
Daily Settlement Price
FII and DII Statistics
Open Interest: Highest In OI
Open Interest: Lowest In OI
Derivatives (F&O)
Open Interest: Increase in OI Increase in Price
Open Interest: Decline in OI Decrease in Price
Derivative Watch
Derivatives Dashboard
Historical Data
List of Underlyings & Underlying Info
Derivative Watch
Derivatives Dashboard
Market Reports
Top Gainers
Top Losers
Monthly High/Low
52 Week High
52 Week Low
Market Cap Gainers
Market Cap Losers
PE Ratio
>More Market Reports
IPO
News
IPO News
IPO Issue Reports
Commodity
Commodity Market
Commodity Home Page
Commodity News
Commodity Reports
Market Details
Get Quotes
Top Gainers
Top Losers
Top Volume
Top Value
Top Gainers Spot Market
Top Losers Spot Market
High & Low
Commodity Indices
Technical Analysis
Advance Declines
High & Low
Highest In OI
Lowest OI
Increase In Open Interest(%)
Descrease In Open Interest(%)
Currency
News
Currency News
Economy News
Currency Reports
Mutual Fund
News
Mutual Fund Home Page
Mutual Fund News
Mutual Fund Details
Mutual Fund Home Page
Compare Scheme
Scheme Profile
Mutual fund Investment
Mutual Fund Share Holding
Mutual Fund Statistics
Mutual fund Gainers
Mutual fund Losers
Biggest Schemes
Best Performers
Latest Dividend Details
Tools
Multi Scheme Comparison Tool
Dividend Details
Performance Map
Mutual fund Investment
Mutual fund Share Holding
Mutual Fund Search Category Rankings
Widgets
Stock Widgets
Watchlist
Heatmap
Mutual Fund Widgets
Watchlist
Calculators
EMI Calculator
SIP Calculator
SWP Calculator
GST Calculator
FD Calculator
RD Calculator
Wealth
World
Tips
Intraday Tips
Market Outlook
Stock Tips
Commodity Tips
Currency Tips
Reports
Short Term Investment Opportunities
Long Term Investment Opportunities
Sector Analysis
Commodity Reports
Currency Reports
Mutual Fund Analysis
Podcast
Videos
Videos Category
Business Videos
Budget Videos
News And Politics
Entertainment Videos
Sports Videos
Lifestyle And Fashion Videos
Global News Videos
Calculators
EMI Calculator
SIP Calculator
SWP Calculator
GST Calculator
FD Calculator
RD Calculator
More
Budget 2024
Astrology
Women
Politics
Entertainment
Car&Bike
Gadgets
Lifestyle
Sports
Health
Fashion
Diwali Reports
Diwali Expert Reports
News
Astrology
Beyond Market Car
Beyond Market Entertainment
Beyond Market Fashion
Beyond Market Gadgets
Beyond Market Health
Beyond Market India
Beyond Market Life Style
Beyond Market Sports
Broking Firm Views
Broking Firm Views - Long Term Report
Broking Firm Views - Sector Report
Broking Firm Views - Short Term Report
Budget 2024 Sector Reports
Budget Bites
Budget Economic Servey
Budget Expert Views
Budget Industry
Budget News
Budget Wishlist
Commodities
Commodities Reports
Commodity Top News
Company News
Company Result
Currency News
Currency Report
Currency Top News
Diwali Expert Views
Diwali Market Outlook
Diwali Report
Diwali Technical Report
Economy News
Expert View Institution
Expert Views
Industry News
IPO Analysis
IPO More News
IPO Reports
IPO Top News
Market Outlook
Mutual Fund Analysis
Mutual Fund Expert Views
Mutual Fund More News
Mutual Fund Top News
Podcast - Market Ki Awaaz
Special Event Expert Views
Special Event Reports
Startup
Startup Expections
Startup Speak
Stock Market
Stock On The Move
Top News
Top Stories
Videos
Videos Business
Videos Entertainment
Videos Global News
Videos Lifestyle And Fashion
Videos News And Politics
Videos Sports
Wealth
Women
World Market More News
World Top News
Search
Asia's stockmarkets dipped on Friday, with tech shares tumbling on deepening Sino-U.S. tensions, while the dollar was set to seal its longest winning streak in nine years as investors braced for U.S. interest rates to stay higher for longer. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.2% in early trade and is down 1.4% for the week. Hong Kong markets were closed for the morning due to storms lashing the city. Japan's Nikkei fell 0.8%. Some $200 billion ...
Stocks stumble as `dollar juggernaut` on a roll
A buoyant dollar pushed the yen to a 10-month trough on Thursday and kept the euro and sterling pinned near three-month lows, as investors placed their faith in a still-resilient U.S. economy even amid a dour global growth outlook. A less-than-expected fall in China's exports and imports numbers in August did little to lift investors' spirits, as they remain on the lookout for further support measures from Beijing to shore up the economy and revive market confidence. The greenba...
Dollar shines as US economy outperforms, yen at 10-month low
Asian shares were set for the worst month since February, with sentiment hurt by still-gloomy China factory activity, while investors were also cautious ahead of a barrage of U.S. data that could add to bets that interest rates have peaked. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.1% but was still headed for a monthly loss of 5.9%, the largest since February. Japan's Nikkei gained 0.5%, bringing its monthly loss to 2%. Data on Thursday showed China'...
Asian shares set for worst month since Feb on China gloom
Gold prices steadied near two-week highs on Friday and was headed for their best week in six as U.S. Treasury yields backed off highs ahead of speeches by top central bankers including Fed Chair Jerome Powell that could guide on future interest rates. FUNDAMENTALS * Spot gold was down 0.1% at $1,915.89 per ounce by 0120 GMT, holding below its highest since Aug. 10 hit on Thursday. It has gained 1.4% for the week so far. * U.S. gold futures fell 0.2% to $1,943.90. * European Centra...
Gold bound for best week in six, spotlight on Jerome Powell's speech
Asian stocks sold off and the dollar scaled an 11-week peak against major peers on Friday, as investors braced for the risk of a hawkish tilt from Federal Reserve Chair Jerome Powell at Jackson Hole. U.S. yields stabilised below 14-year highs. Crude oil found its footing around one-month lows, but remained on course for a second weekly decline amid a firmer dollar and simmering China-centered worries about global growth. Meanwhile, the People's Bank of China set a much stronger-than...
Stocks sink, dollar climbs as risk of hawkish Jerome Powell looms
Oil prices slipped on Thursday on disappointing economic data from key economies, with investors awaiting a speech by U.S. Federal Reserve Chair Jerome Powell on Friday for clues on interest rate moves. Brent crude fell 99 cents, or 1.2%, to $82.22 a barrel by 1352 GMT. U.S. West Texas Intermediate crude fell $1.08, or 1.4%, to $77.81 a barrel. Manufacturing data from a host of purchasing managers' index (PMI) surveys on Wednesday painted a grim picture of the health of economies ac...
Oil slips, US Fed chief's speech in spotlight
Oil prices slipped in early Asian trade on Thursday as weak manufacturing data in major economies outweighed optimism around a larger-than-expected drop in U.S. crude stocks. Markets are also looking for hints on the outlook for how long interest rates will remain at current levels ahead of a speech by Federal Reserve Chair Jerome Powell at a central bank symposium in Jackson Hole, Wyoming, starting on Thursday. Brent crude fell 27 cents, or 0.3%, to $82.94 a barrel by 0002 GMT, while U...
Oil prices fall on weak economic data, interest rate worry
Gold prices hovered near two-week highs on Thursday, lifted by a retreat in the U.S. dollar and Treasury yields as investors waited to see what interest rate signals the U.S. Federal Reserve could send at its annual Jackson Hole meeting. FUNDAMENTALS * Spot gold was up 0.2% at $1,917.50 per ounce by 0124 GMT, close to its highest level since Aug. 11 hit on Wednesday. U.S. gold futures were little changed at$1,945.80. * The Federal Reserve is holding its annual symposium in Jackson Ho...
Gold near 2-week highs as market eyes rate cues at Jackson Hole meet
Oil prices eased in early trade on Wednesday, weighed down by fears U.S. interest rates could stay higher for longer and economic growth could slow further in top crude importer China and hurt fuel demand. Brent crude dipped 17 cents, or 0.2%, to $83.86 a barrel by 0031 GMT while U.S. West Texas Intermediate crude was at $79.56 a barrel, down 8 cents, or 0.1%. Both benchmarks lost about 0.5% on Tuesday. Markets are awaiting hints on the outlook for interest rates from policy makers w...
Oil prices ease on concerns over rate hikes, China gloom
The Consumer Price Index (CPI) in Italy stood at 5.9 per cent in July, down from 6.4 per cent reported in June, the Italian National Institute of Statistics (ISTAT) said. In July, prices for transportation services, non-regulated energy goods, and processed food -- all key parts of the inflation calculus -- have shown a "deceleration", Xinhua news agency quoted ISTAT as saying. According to the institute, the growth rate for transportation-related services slowed to 2.4 per ce...
Italy`s inflation rate drops to 5.9%
Gold prices firmed on Monday after a slower-than-expected U.S. job growth data knocked the dollar and bond yields off their recent highs, as investors brace for this week's inflation test that could influence the Federal Reserve's policy path. FUNDAMENTALS * Spot gold was steady at $1,942.33 per ounce by 0130 GMT, off an over three-week low hit in the last session. U.S. gold futures rose 0.1% to $1,977.20. * The U.S. dollar index fell and benchmark 10-year Treasury yields sli...
Gold firms as dollar, yields fall before US inflation test
The dollar hung back from a four-week high against major peers on Friday as investors looked ahead to a key jobs report that could influence the path for U.S. interest rates. Sterling traded slightly higher after recovering knee-jerk losses following the Bank of England's decision to downshift to a quarter point rate hike on Thursday. The yen hovered near the middle of its trading range this week as traders tried to gauge the Bank of Japan's tolerance for higher yields following...
Dollar struggles before payrolls test; Aussie rebounds
Gold prices were bound for their biggest monthly gain in four on Monday as expectations grew that major global central banks may be nearing the end of current monetary policy tightening cycles. Spot gold was down 0.2% at $1,954.79 per ounce by 0431 GMT, while U.S. gold futures slipped 0.4% to $1,953.80 per ounce. "Markets feel vindicated with their assessment that Fed rates are at or near their terminal rate, with key inflation reports from the U.S. all pointing towards a faster pa...
Gold heads for monthly gain on hopes for an end to rate-hike cycle
The yen strengthened on Friday as speculation mounts that the Bank of Japan could tweak its yield curve control policy later in the day, while the dollar held on to its overnight gains after better-than-expected U.S. economic data. The BOJ is widely expected to keep ultra-low interest rates later on Friday but investors are eyeing the possibility it makes minor tweaks to extend the lifespan of its yield control policy. The Nikkei newspaper reported the central bank will maintain its 0.5...
Yen advances on Bank of Japan policy tweak speculation, dollar steady
Gold prices held near two-week lows on Friday after strong U.S. economic data spurred the dollar and bond yields in a high interest rate environment that dragged the non-interest bearing metal towards its biggest weekly decline in five. FUNDAMENTALS * Spot gold was up 0.2% at $1,948.24 per ounce by 0126 GMT, after earlier hitting its lowest level since July 12 and ending 1.4% lower in the last session. It has declined 0.5% so far in the week, heading for its biggest weekly fall since Ju...
Gold braces for biggest weekly decline in five
Oil prices fell in early Asian trade on Friday as demand concerns weighed against strong economic data. Brent crude fell 59 cents, or 0.7%, to $83.65 a barrel by 0027 GMT, but was on track for a weekly 5% increase. U.S. West Texas Intermediate (WTI) crude fell 51 cents, or 0.6%, to $79.58 a barrel, on track for a 5.2% weekly increase. Oil rose last session as fears of a global economic slowdown were eased by strong earnings reports and better-than-expected U.S. economic data. U.S. se...
Oil prices open lower on demand concerns, remain on track for weekly gain
The dollar was on the back foot on Thursday after the Federal Reserve delivered what some expected to be its last rate hike, while market focus shifted across the Atlantic to the European Central Bank's (ECB) rate decision later in the day. The Fed on Wednesday raised interest rates by a quarter of a percentage point, as expected, marking the central bank's 11th rate increase in its last 12 meetings. While Fed Chair Jerome Powell left the door open to another hike in September, ...
Dollar slips as Fed`s rate-hike cycle seen ending
Asian shares advanced and the dollar fell on Thursday after a well-flagged U.S. rate rise delivered no major surprises, although policymakers in Europe and Japan could pose risks for markets with their own interest rate decisions. S&P 500 futures rose 0.2% while Nasdaq futures gained 0.5%, helped by a 6.8% jump in Meta Platforms in after-hours trading. Facebook's parent company reported a strong rise in advertising revenue, topping Wall Street targets. In Asia, MSCI's ...
Asian shares climb after Fed hikes as expected; eyes on Europe, Japan
Three major G3 central banks (CBs) will likely signal three directions this week. Although broad global cues are similar – of waning growth and inflation momentum – varying domestic backdrops and imperatives will push the Fed, ECB and BoJ to sound different from one another. FX markets, in particular, are already taking cues from these diverging paths of CBs. Although we respect the price action, the remainder of the global picture falls short of conditions historically associated...
G-3 Monetary Policy by Emkay Global Financial Services Ltd
The euro hit a two-week low on Tuesday as a worsening downturn in euro zone business muddied the bloc's rate outlook against a still-hawkish European Central Bank (ECB), while the dollar rose ahead of this week's trio of major central bank meetings. The offshore yuan strengthened in early Asia trade, following comments from China's top leaders on Monday pledging to step up policy support for its flailing economy. The euro was shaky at $1.1063, up just 0.02% having slumped to...
Euro staggers as traders wary of hawkish ECB; dollar gains
Oil prices rose on Monday as tightening supply and hopes for Chinese stimulus measures underpinned Brent at well above $80 a barrel, even as traders expected more rate hikes from U.S. and European central banks. Brent crude futures were up 91 cents, or 1.1%, at $81.98 a barrel by 1415 GMT. U.S. West Texas Intermediate (WTI) crude was at $78.12 a barrel, also up $1.05, or 1.3%. The benchmarks rose 1.5% and 2.2% respectively last week, their fourth straight of week of gains, as supply is ...
Oil prices rise as tight supply counters expected rate hikes
The Indian rupee will take cues from policy outcomes from major central banks as well as important U.S. data releases this week, while government bond yields will closely track the move in U.S. Treasuries based on the Federal Reserve's guidance on rates. The rupee ended at 81.9450 against the dollar on Friday, rising about 0.1% for the week. Traders expect the currency to move in the range of 81.80 - 82.40 this week. The Fed's policy decision is due on Wednesday, followed by the...
India rupee, bond yields to take cues from Fed decision, guidance
The dollar and euro made firm starts on Monday to a week full of central bank meetings, while the yen was struggling as investors expect the Bank of Japan will be the odd one out as policymakers hike rates in Europe and the United States. The Federal Reserve concludes a meeting on Wednesday, followed by the European Central Bank a day later and the Bank of Japan on Friday. The yen had dived on the dollar and crosses last week following a Reuters report that the Bank of Japan was leaning...
Yen pressured as traders wait on policy decisions
Asian shares on Monday braced for an action-packed week of earnings and central bank meetings that will likely see higher interest rates in Europe and the United States, and just possibly the end of the monetary tightening cycle in both. Markets are fully priced for quarter-point hikes from the U.S. Federal Reserve and European Central Bank, so the focus will be on what Fed Chair Jerome Powell and ECB President Christine Lagarde say about the future. "For both, we expect this to ma...
Asia shares brace for trio of rate meetings, China steps
Gold prices were set on Friday for a third consecutive weekly gain, underpinned by hopes that the U.S. Federal Reserve will pause interest rate hikes after its July meeting. Spot gold was little changed at $1,970.20 per ounce by 0409 GMT, but has gained 0.8% so far this week. On Thursday, the metal slipped from a two-month high as the dollar and bond yields climbed on stronger-than-expected U.S. labour market data. [USD/][US/] U.S. gold futures gained 0.1% to $1,972.30. Gold prices h...
Gold bound for third straight weekly gain on Fed pause views
Stock markets were mixed on Wednesday with growth concerns dragging down China while elsewhere futures rose after British inflation came in surprisingly soft for once and U.S. data stoked hopes the world's biggest economy can avoid recession. Headline British CPI fell to 7.9% year-on-year in June, against expectations for 8.2%. Core inflation fell to 6.9% from a three-decade peak of 7.1%. Sterling dropped 0.6% to $1.2962 and FTSE futures rose 0.5%. Earlier MSCI's broadest index ...
Stocks mixed, sterling weighed as UK inflation slows
Asian stocks eased on Friday after a set of strong U.S. economic data bolstered the view that the Federal Reserve will likely keep interest rates higher for longer, while the yen breached a psychologically important barrier amid intervention worries. MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.21% but was on course to eke out a gain of over 1% in the first half of the year. Australia's S&P/ASX 200 index lost 0.39%, while Japan's Nikkei fell nearly ...
Asia shares edge lower on rate hike worries, yen frail
The U.S. dollar hovered near a 7-1/2-month high against the Japanese yen after the heads of the respective central banks reaffirmed the stark divergence in their policy paths at a European Central Bank conference overnight. Federal Reserve Chair Jerome Powell - speaking on a panel with ECB President Christine Lagarde, Bank of Japan Governor Kazuo Ueda and Bank of England Governor Andrew Bailey - noted that two rate rises are likely this year, and did not rule out the possibility of a hike ...
Dollar near 7-1/2-month high versus yen as central bankers reaffirm policy divergence
Asian shares were sudued on Thursday after global central banks reaffirmed their inflation-fighting resolve, warning rates may need to rise further, while the yen and the Chinese yuan struggled to lift from lows amid fears of official intervention. MSCI's broadest index of Asia-Pacific shares outside Japan was flat, while markets in Singapore, India and Malaysia are closed for holidays. Chinese blue chips slid 0.3% and Hong Kong's Hang Seng index fell 0.7%. Japan's Nikkei, h...
Asian shares subdued, yen and yuan hover near 8-mth troughs
Gold prices hovered near three-month lows as upbeat U.S. economic reports made a strong case for rates being higher, yet traders awaited cues from Federal Reserve Chair Jerome Powell and more economic data for a path ahead on rate-hikes. FUNDAMENTALS * Spot gold was little changed at $1,913.82 per ounce by 0120 GMT, close to a three-month low of $1,910 hit on June 23. U.S. gold futures were little changed at $1,924.50. * The dollar index held steady. [USD/] * U.S. consumer confide...
Gold steadies near three-month lows after strong US data; eye on data
The U.S. dollar was barely changed on Wednesday, with resilient economic data easing investor worries over a recession and lifting risk sentiment, though that also indicated that the Federal Reserve may have to continue raising rates. The Australian dollar fell sharply as consumer inflation eased in May. Data showed that U.S. consumer confidence increased in June to the highest level in nearly 1-1/2 years, while business spending appeared to hold up in May, indicating the economy remain...
Dollar flat; Aussie slides as inflation slows
Asian shares hesitated on Wednesday as surprisingly upbeat U.S. economic news warred with global growth concerns, while the embattled yen hit a 15-year low on the euro and Japan hinted at intervention to prevent further losses. The strength of U.S. data also combined with hawkish commentary from the European Central Bank to undermine bonds as markets narrowed the odds on further rate hikes. That only heightened attention on a star-studded panel of central bankers later in the day in Por...
Asia shares hesitant, yen slide stokes intervention risk
Gold prices held steady on Tuesday, after moving in a tight range in holiday-thinned trading, as market participants awaited further direction from Capitol Hill testimony by U.S. Federal Reserve Chair Jerome Powell this week. Spot gold held its ground at $1,949.59 per ounce by 0248 GMT, while U.S. gold futures fell 0.5% to $1,961.20. "Gold prices seem exhausted lately, as intermittent bounces over the past month have failed to find much follow-through ... This comes on the ba...
Gold listless as investors hunt for Fed rate clues
The Indian rupee will likely extend its gains this week due to persistent dollar inflows, although demand from importers could cap the rise, while government bond yields could edge higher after the hawkish comments from major global central banks. The rupee gained 0.6% to end at 81.93 last week. The local unit hit 81.8825, its highest since May 11, on Friday on broad weakness in the dollar index as well as likely corporate dollar inflows. The dollar index, conversely, hit a five-week lo...
Indian rupee to extend gains, bond yield seen edging highe
Oil prices edged lower in early trade on Friday, taking a pause from the previous session when futures gained steeply on optimism around higher energy demand from top crude importer China. Brent futures dipped 13 cents to $75.54 a barrel by 00:08 GMT, while U.S. West Texas Intermediate (WTI) crude dropped 10 cents to $70.52 a barrel. Both benchmarks surged about 3% during the prior session. Data on Thursday showed China's oil refinery throughput rose 15.4% in May from a yea...
Oil prices dip, pausing after previous session's surge
The yen languished near a 15-year low against the euro and around a seven-month trough against the dollar on Friday, ahead of a closely-watched policy decision by the Bank of Japan, where it is set to stay ultra-dovish in the face of its hawkish peers. The euro was poised for its best week since November after a hawkish European Central Bank (ECB) signalled further rate hikes to come, after raising borrowing costs to a 22-year high overnight. That and a run of soft U.S. economic data saw t...
Yen struggles before BOJ decision; hawkish ECB, soft US data dent dollar
The Indian rupee will likely open higher on Friday, tracking a broad weakness in the dollar index, and as a new set of U.S. data fuelled hopes that the U.S. Federal Reserve may decide to be less hawkish than expected. Non-deliverable forwards indicate the rupee will open at around 81.93-81.96 to the U.S. dollar, compared with its spot close of 82.1750 in the previous session. The rupee had hit a five-week high of 82.03 on Thursday on the back of likely corporate dollar inflows but...
Rupee to rise after dollar's biggest fall in over three months
Asian shares rose to a near four-month high on Friday as resilient U.S. economic data stoked expectations that the Federal Reserve is near the end of its rate-hike campaign, with investor focus switching to the Bank of Japan's policy meeting. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.31% higher and on course for 2.5% gain in the week, its best weekly performance since January. The index rose as high as 534.16, its highest since mid-February. Japan's Ni...
Asian shares near four-month peak as BOJ takes the stage
Gold prices fell to a three-month low on Thursday as hints of further interest rate hikes by the U.S. Federal Reserve bolstered the dollar. Spot gold fell 0.5% to $1,933.89 per ounce by 0235 GMT, hitting its lowest since March 17. U.S. gold futures dropped 1.2% to $1,945.70. The Fed, in new economic projections, signalled that a stronger-than-expected economy and a slower decline in inflation will result in a likely rise in borrowing costs by another half-a-percentage point by the end o...
Gold hits three-month low as hawkish Fed remarks support dollar
The U.S. dollar rallied in Asian trading on Thursday after the Federal Reserve signalled rate hikes later in the year, while China's and New Zealand's currencies fell on signs of weakness in those economies. The market's attention is now turning to other central bank decisions late this week, with the yen sliding to its weakest this year as the Bank of Japan begins its two-day policy meeting. The dollar index rose 0.26% to 103.3, recovering from a four-week low of 102.66 on ...
Dollar rallies in Asia after Fed signals rate hikes; yen, kiwi slide
Asian stocks braked around two-month highs on Thursday, while the dollar nursed modest losses, after the U.S. Federal Reserve chose not to hike interest rates for the first time in 17 months, even if it opened the door to more hikes ahead. The Fed left its benchmark funds rate window at 5-5.25%, and chair Jerome Powell said the U.S. central bank needed to gather more information about the economy to determine what to do next. Committee members surprised markets by projecting two m...
Stocks stall as US rates seen higher for longer
Oil prices inched lower on Wednesday after industry data showed an unexpected rise in U.S. crude stocks, signalling weak demand to markets already worried about recession and disappointing Chinese economic data. Brent crude futures eased 27 cents, or 0.4%, to $74.01 a barrel by 0019 GMT. U.S. West Texas Intermediate (WTI) crude was at $69.13 a barrel, down 29 cents, or 0.4%. Both benchmarks climbed over 3% on Tuesday on hopes of rising fuel demand afterus lowered a short-term lend...
Oil prices dip after unexpected rise in US crude stocks
The dollar fell to near a three-week low to the euro and a one-month low versus sterling on Wednesday, after unexpectedly soft U.S. inflation data cemented the view that the Federal Reserve will skip an interest rate hike later in the day. China's yuan sagged to a 6-1/2-month trough, continuing its slide after the central bank cut rates on Tuesday, amid speculation even more stimulus is on the way to support the sputtering post-COVID economic recovery. The dollar index - which measu...
Dollar droops as bets build for Fed pause, yuan at 6-mth low
Gold was steady on Tuesday, although prices moved in a tight range as traders awaited U.S. inflation data due later in the day and the Federal Reserve's policy decision amid expectations of a pause in the central bank's rate hike trajectory. Spot gold held its ground at $1,956.30 per ounce by 0215 GMT. U.S. gold futures held steady at $1,970.80. "The market is waiting for the U.S. CPI and FOMC meeting to provide a clearer direction on gold price. (However) there is a lack o...
Gold holds steady as US inflation data, Fed verdict loom
Asian shares edged up in early trade on Tuesday, following an upbeat session on Wall Street while investors turned their attention to key U.S. inflation data and the Federal Reserve's interest rate decision this week. Investors will be closely monitoring U.S. Consumer Price Index (CPI) data, due to be released on Tuesday, and Producer Price Index (PPI) data, due out Wednesday, for a reading of how well the Fed's tightening cycle has managed to curb inflation. The equity index...
Asia shares track Wall Street rally with inflation data, Fed in focus
Indian rupee was little changed against the US dollar on Monday as easing crude oil prices and firm trend in domestic equities supporting domestic currency. Meanwhile, investors are remained cautious ahead of key monetary policy decisions from the US Federal Reserve and the European Central Bank. Exchange data showed Foreign Institutional Investors were net sellers in the capital market as they offloaded shares worth Rs 308.97 crore on Friday. The partially convertible currency is cu...
Indian rupee little changed against US dollar on Monday
The Indian rupee may open marginally lower on Monday, bogged down by the decline in Asian currencies, to kick off a data-heavy week that includes the release of the U.S. inflation data and then the Federal Reserve rate decision. Non-deliverable forwards indicate the rupee will open at around 82.50 to the U.S. dollar, compared with its close of 82.4625 in the previous session. "Rupee traders will be hoping for a little bit of volatility this week," a fx spot trader said. "...
Rupee set for slightly weak start to data-heavy week
The dollar held its ground on Monday but was still near multi-week lows against some of its major peers as traders were on guard ahead of central bank meetings this week, including the Federal Reserve's where it will announce its rates decision. The U.S. currency was pinned near a one-month low against the British pound and the Aussie in early Asia trade at $1.25805 and $0.6745, respectively, though moves were subdued with most of Australia closed for a holiday. Policy meetings of t...
Dollar steady, with Fed pause eyed in busy central bank week
Load More