The issue price for the next tranche of Sovereign Gold Bond Scheme 2021-22, which will open for subscription for five days from Monday, has been fixed at Rs 5,197 per gram of gold, the Reserve Bank of India said on Friday. The Sovereign Gold Bond Scheme 2022-23 Series II will be open for subscription from
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The price of crude oil shot higher as Europe was heading into their close. The price rise moved above the 200 hour MA and a topside trend line. The 38.2% of the move down from the July 29th high was tested near the $91.87. The high price reached $92.08 before rotating back to the downside.
The US dollar was the strongest currency this week and the strongest currency today. The NZD was the weakest of the majors today. The greenback this week, rose against all the major currencies helped by more hawkish Federal Reserve comments, and global concerns about growth in China, the euro zone, and UK due to higher
Dollar’s rally has finally made some progress overnight and the momentum continues in Asian session. Other currencies are mixed for now with no clear loser. For the week, Aussie and Kiwi are on the weaker side while Euro and Canadian are the stronger ones. But the picture could easily flip before close. A question is
A customer shops for eggs in a Kroger grocery store on August 15, 2022 in Houston, Texas. Brandon Bell | Getty Images July’s consumer price index report finally showed a sign of potential relief – inflation ticked up less than expected from a year ago, and was flat on the month, meaning that a basket
Richmond Federal Reserve Bank President Thomas Barkin said on Friday that FOMC policymakers had “a lot of times still” before they decide on the size of the September rate increase, as reported by Reuters. Additional takeaways “Fed will need to move rates to restrictive territory but will take signal from the economy on how high that
On Friday, August 19, the total crypto market capitalization dropped by 9.1%, but more importantly, the all-important $1 trillion psychological support was tapped. The market’s latest venture below this just three weeks ago, meaning investors were pretty confident that the $780 billion total market-cap low on June 18 was a mere distant memory. Regulatory uncertainty
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In this episode, I’m using the Easiest Beginner Forex Scalping Strategy in the WORLD! Or is it? I’ll teach you how to use it, educate you on the multiple exponential moving averages being used, and help you win more trades. I’ll also show you my live trading account, as I attempt to go from $43,750
Gold prices declined Rs 389 to Rs 51,995 per 10 grams in the national capital on Friday following weak global cues, according to Securities. The yellow metal had closed at Rs 52,384 per 10 grams in the previous trade. Silver also plunged Rs 1,607 to Rs 56,247 per kg from Rs 57,854 per kg in
As the North America session begins, the CHF and USD are running neck and neck with each other for the strongest of the major currencies. The CHF is the weakest (with the JPY following behind). There are lots of different stories driving the summer trading today. Energy and growth remains a concern. Although the Rhine
The major US stock indices are sliding at the open. The S&P and NASDAQ are in negative territory for the week. The Dow industrial average is clinging to a small gain. A snapshot of the market currently shows: Dow industrial average down -209.64 points or -0.62% at 33789.41 S&P index -28.83 points or -0.67% at
Dollar rally continues today and it’s set to end the week on a high note. Risk aversion and rising benchmark yield are both helping the greenback. Swiss Franc is also strengthening a lot. Selling focuses are mainly concentrated on Sterling, Euro, and Yen, even though commodity currencies are also soft. Technically, the rally in CHF/JPY
A high street decorated with British Union Jack bunting in Penistone, UK. The End Fuel Poverty Coalition has warned “a tsunami of fuel poverty will hit the country this winter.” Bloomberg | Bloomberg | Getty Images LONDON — Facing soaring energy bills, rising costs and rapidly declining consumer purchasing power, small businesses across the U.K.
In this article 700-HK Tencent posted its first ever quarterly year-on-year revenue decline as stricter regulations around gaming in China and a resurgence of Covid-19 in the world’s second-largest economy hit the technology giant. Here’s how Tencent did in the second quarter, versus Refinitiv consensus estimates: Revenue: 134.03 billion Chinese yuan ($19.78 billion) vs. 134.6
MNMD stock is up about 20% in Friday’s premarket. MindMed stock is the newest interest of BBBY champion Jake Freeman. Mindmed stock closed up 36% on Thursday. MindMed (MNMD) is at it again. The trendy psychedelic pharma stock has added 19.6% to trade at $1.22 in Friday’s premarket. Much of the interest surrounding the small-cap
Gold prices slipped to a three-week low on Friday and were heading for their first weekly decline in five, as a stronger dollar and prospects of more rate hikes by the U.S. Federal Reserve dented bullion’s appeal. FUNDAMENTALS * Spot gold was down 0.2% at $1,755.89 per ounce, as of 0107 GMT, after falling to