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Gold prices rose by Rs 128 to Rs 57,275 per 10 grams in the national capital on Tuesday amid firm global trends, according to Securities. In the previous trade, the yellow metal had ended at Rs 57,147 per 10 grams. Silver, however, declined by Rs 38 to Rs 67,975 per kg. “Spot gold prices in
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In this article BP.-GB Follow your favorite stocksCREATE FREE ACCOUNT Oil major BP on Tuesday reported record annual profits, more than doubling last year’s total as fossil fuel prices soared following Russia’s full-scale invasion of Ukraine. The British energy giant posted underlying replacement cost profit, used as a proxy for net profit, of $27.7 billion
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Share: Canada’s international trade deficit narrowed slightly in December. USD/CAD trades virtually unchanged on the day at around mid-1.3400s. Canada’s merchandise trade deficit with the world narrowed from C$219 million in November to C$160 million in December, Statistics Canada reported on Tuesday. This reading came in better than the market expectation for a deficit of
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Oil prices rose on Monday, buoyed by supply concerns, but remained near three-week lows on fears that slower growth in major economies could curb demand. Brent crude futures rose 46 cents, or 0.6%, to $80.40 a barrel by 1442 GMT. U.S. West Texas Intermediate (WTI) crude futures rose 20 cents, or 0.3%, to $73.59. While
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Dollar is staying generally firm today but lacks clear-cut momentum to extend last week’s rally. Overall sentiment is mildly on the risk-off side, with major European indexes and US futures in red while benchmark treasury yields jump. For now, Yen remains the worst performer for the day, followed by Kiwi and then Aussie. Swiss Franc
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Share: EUR/USD consolidates recent losses around one-month low, probes three-day downtrend. ECB hawks forget the last week’s failed attempt to please bulls, upbeat EU data also favors Euro buyers. Receding concerns about US recession, hawkish Fedspeak exerts downside pressure on the pair. Fed Chair Powell, ECB’s Schnabel could entertain traders, Sino-American news is important too.
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