728 x 90



  • Gold Buoyant Before The Fed, Copper Rallies on China COVID Hopes

    Gold Buoyant Before The Fed, Copper Rallies on China COVID Hopes0

    Gold prices held recent gains on Wednesday as the dollar steadied before the conclusion of a Federal Reserve meeting, while copper prices were lifted by speculation over China potentially relaxing its strict zero-COVID policy Spot gold steadied around $1,648.23 an ounce, while gold futures rose 0.1% to $1,650.80 an ounce. Both instruments jumped from a

    READ MORE
  • Asia FX Hunkers Down Ahead of Fed Meeting, Dollar Slips

    Asia FX Hunkers Down Ahead of Fed Meeting, Dollar Slips0

    Most Asian currencies moved little on Wednesday as caution kicked in ahead of a widely expected interest rate hike by the Federal Reserve, while the dollar fell amid hopes that the central bank will espouse a less hawkish outlook. The Japanese yen bucked the trend, rising 0.7% on expectations that the government will intervene further

    READ MORE
  • Dollar Droops Amid Improved Risk Mood Before Fed; Aussie Pares Gain After RBA

    Dollar Droops Amid Improved Risk Mood Before Fed; Aussie Pares Gain After RBA0

    U.S. dollar sank from a one-week top against a basket of major peers on Tuesday, as traders weighed the odds of a less aggressive Federal Reserve at Wednesday’s widely watched monetary policy meeting The risk-sensitive Australian and New Zealand dollars rose from one-week lows amid a broad lift in market sentiment, but the Aussie trailed

    READ MORE
  • Oil prices rise as weaker dollar offsets China COVID-19 concerns

    Oil prices rise as weaker dollar offsets China COVID-19 concerns0

    Oil prices rose on Tuesday, paring losses from the previous session, as a weaker U.S. dollar offset widening COVID-19 curbs in China that have stoked fears of slowing fuel demand in the world’s second-largest oil consumer. Brent crude for January delivery rose 73 cents, or 0.8%, to $93.54 a barrel at 0406 GMT. The December

    READ MORE
  • As Market Gains in Diwali Week, More Than 30 Smallcaps Rise up to 31%

    As Market Gains in Diwali Week, More Than 30 Smallcaps Rise up to 31%0

    In the holiday-shortened Diwali week, Indian benchmark indices ended with a gain of one percent. After a positive start for the new Samvat 2079 on the Muhurat trading day (October 24), the market remained volatile amid monthly F&O expiry, better US GDP data, Bank of Japan keeping policy balance rate at -0.1%, rate hike by

    READ MORE
  • TURBULENCE IN THE BOND MARKET: WHAT DOES IT MEAN FOR INVESTORS?

    TURBULENCE IN THE BOND MARKET: WHAT DOES IT MEAN FOR INVESTORS?0

    Risk-reward is looking favourable for investors as absolute yields have risen considerably over the past six months and now give a reasonable safety cushion to absorb mark to market volatility Year 2022 is proving to be yet another year dominated by unprecedented events causing heightened volatility across global financial markets. While the year started on

    READ MORE