Gold price in the national capital on Monday declined marginally by Rs 5 to Rs 47,507 per 10 grams in line with weak international precious metal prices and rupee appreciation, according to HDFC Securities. In the previous trade, the precious metal settled at Rs 47,512 per 10 grams. Silver also dipped by Rs 27 to
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In this article WCLD NOW Bill McDermott, CEO of ServiceNow. Adam Jeffery | CNBC Maybe cloud investors just needed a little reassurance. Following a brutal stretch that’s seen one cloud computing index tumble 38% from an all-time high in November, two key members of the group — ServiceNow and Qualtrics — delivered optimistic numbers on
Federal Reserve Bank of San Francisco President Mary Daly on Monday noted that if the Federal Funds rate was to reach 1.25% by the end of the year, that would be quite a bit of tightening but still supportive of the economy. Presumably, she is talking about the possibility of five 25bps rate hikes in 2022
The major US stock indices have turned positive on the day. The gains are led by the NASDAQ which is currently up 201 points or 1.53% on the day The Dow industrial average is up 50 points or 0.14% at 34207 the S&P index is up 35.7 points or 0.83% at 4363. The Russell 2000
The markets are generally steady in Asian session. Dollar is paring some recent gains while Yen and Swiss Franc soften. Trading in Asia would likely be subdue for the next few days on Lunar New Year holidays. But volatility is anticipated in the week as a whole considering the massive amount of key events featured,
The United Nations Children’s Fund has called for incorporating child safeguards into online child protection initiatives, citing financial and exploitative threats posed by unregulated crypto markets. UNICEF’s “Prospects for children in 2022” report, which examines the impact of global trends on children, anticipates further mainstream adoption of cryptocurrencies — “demonstrating both the promise of greater financial
Markets: Gold down $5 to $1786 S&P 500 futures up 12 points to 4435 US 10-year yields up 1.3 bps to 1.79% WTI crude oil up $1.07 to $87.90 Hong Kong Hang Seng up 1.1% NZD leads, JPY lags The week kicked off the same way Friday ended: With a positive tone. This time, moreso
NEW DELHI: Gold prices were flat on Monday, bucking the weak trend in the international market. Yellow metal was set for their biggest monthly drop since last September. Gold remained under pressure as the US dollar strengthened ahead of key central bank meetings, making bullion more expensive for holders of other currencies. Gold futures on
Statues stand outside a Deutsche Bank AG branch in Frankfurt, Germany. Krisztian Bocsi | Bloomberg | Getty Images LONDON — Deutsche Bank on Thursday defied market expectations to post a profit for the fourth quarter of 2021, as investment bank revenues rose. The German lender said profit attributable to shareholders came in at 145 million
AUD/USD bounces off 18-month low as traders brace for RBA amid quiet session. USD extends Friday’s pullback from July 2020 highs amid indecision over the pace of Fed’s rate hike in March. Bulls await clues for the RBA rate hike during 2022, Aussie Private Sector Credit rallied in December. NSW announced an AUD1bn package to
The USDCAD has been up 4 of 5 days this week. The low was made on Monday at 1.2553, and that level was tested again ahead of the Bank of Canada decision on Wednesday when the low reached 1.2558 (just 5 pips from the low). The BOC kept rates unchanged. The market was leaning -70/30
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China’s official manufacturing PMI slipped to 50.1 vs 50.3 in January, a number highlighting only the slightest bit of growth. The private survey from Caixin was worse falling to 49.1 from 50.9. The Caixin reading is the lowest since the dawn of the pandemic: China is struggling with rising covid cases in a number of
TOKYO: Oil prices rose on Friday, set for their sixth weekly gain, amid concerns of tight supplies as major producers continue their policy of limited output increases amid rising fuel demand. Brent crude futures climbed 49 cents, or 0.6%, to $89.83 a barrel at 0310 GMT, after falling 62 cents during the previous day. However,
In this article MCD Signage outside a McDonald’s Corp. fast food restaurant in Louisville, Kentucky, U.S., on Friday, Oct. 22, 2021. Luke Sharrett | Bloomberg | Getty Images McDonald’s is expected to report its fourth-quarter earnings before the bell Thursday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting: Earnings per share: $2.34 expected
US equities surged in late trade after a broadly positive session as Fed bets eased after softer wage data. The S&P 500 lept to close above the 4400 level again to close 2.4% higher and end the week positive. Apple led the charge after positive Q4 earnings and record iPhone sales. US equity markets posted