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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Fueled by China’s stimulus, beginning of the Fed’s easing cycle, and rising industrial demand, silver prices have touched fresh record highs above Rs 94,000-mark with experts now predicting a climb to Rs 1 lakh/kg by late 2024 or early 2025. With buying momentum remaining strong in international markets as well for the past few weeks,

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

. Continuing a firm momentum for the third straight session, gold prices rose Rs 50 to hit a fresh high of Rs 78,300 per 10 grams, according to the All India Sarafa Association. On Thursday, the precious metal had finished at Rs 78,250 per 10 grams. Silver also jumped Rs 500 to Rs 94,500 per

Risk-on sentiment returned to global markets again in early US trading, driven by lower-than-expected inflation data. While annual PCE core inflation edged up to 2.7%, the monthly increase was a modest 0.1%. This tamer monthly inflation growth suggests that underlying price pressures would, at least, not obstruct Fed’s to another aggressive rate cut at its

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Aims to accelerate incumbent prime minister Kishida’s new capitalism pledge Will consider appropriate timing for lower house election Revitalising consumption is key for Japan to emerge from deflationary spiral Must scrutinise what will be the most effective step to cushion blow from rising inflation There is a time lag for wage growth to exceed inflation

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Gold prices on Thursday jumped by Rs 400 to breach a record Rs 78,000 per 10 gram level in the national capital on sustained buying by jewellers as well as strong trends in global markets. Maintaining its record-breaking run for the second day, gold spurted by Rs 400 to a fresh lifetime high of Rs

Gold held its ground on Friday after hitting a record high in the previous session on mounting expectations of another big U.S. interest rate cut this year, while market participants awaited a key inflation report for further direction. FUNDAMENTALS * Spot gold was steady at $2,670.50 per ounce, as of 0028 GMT. Bullion hit a

Gold October futures contracts at MCX opened flat today at Rs 75,376 per 10 gram, which is down by 0.01% or Rs 11 while silver December futures contracts were trading at Rs 92,322/kg, down by 0.37% or Rs 342. In the last one week, gold prices have surged by Rs 1,900 per 10 gram while

Asian markets are maintaining a risk-on tone today, despite the lackluster US market performance overnight. Sentiment remains buoyed by China’s recent monetary stimulus measures, even as doubts linger about their overall effectiveness due to the absence of significant fiscal support. Nevertheless, stocks in Hong Kong and China continue to trade higher. In Japan, Nikkei is

Swiss Franc remained relatively stable today following SNB’s decision to cut its policy rate by 25bps, bringing it down to 1.00%. This move defied some market speculations that anticipated a larger 50bps reduction. Despite opting for a smaller cut, SNB issued a decidedly dovish statement, sharply downgrading its inflation forecasts. The central bank signaled a

Risk-on sentiment continues to dominate global financial markets today, driven by widespread monetary easing and a significant boost from China’s latest stimulus measures. US equities finished strong overnight, with all major indexes posting gains. S&P 500 hit a fresh record for the third consecutive time this week. Meanwhile, Germany’s DAX also surged to an all-time

Markets: Gold up $3 to $2659 US 10-year yields up 4.9 bps to 3.78% WTI crude oil down $1.85 to $69.71 S&P 500 down 0.2% USD leads, NZD lags There was a dramatic intraday turn in the US dollar. The euro rose to the highest since July at 1.1213 but then sank 90 pips in

Gold prices were steady near record highs on Wednesday, as a weaker dollar and an escalated conflict in the Middle East lifted bullion’s safe-haven appeal, while investors braced themselves for new signals on the U.S. interest rate trajectory. FUNDAMENTALS * Spot gold held its ground at $2,658.07 per ounce, as of 0016 GMT. Bullion hit

Euro is gaining broadly today, even though there is no major fundamental news driving its ascent. Market expectations are mounting that ECB may cut interest rates as early as October, with HSBC projecting 25bps cuts at every meeting from October through April 2025. This would bring the deposit rate to 2.25%, which is considered close

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not