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Yen fell broadly during Asian session today, reversing all of this week’s earlier gains. Market sentiment has calmed somewhat despite the escalation in Russia’s war in Ukraine, as there is no clear intensification toward a nuclear conflict. US Treasury yields have stabilized after yesterday’s decline, and Gold’s rebound has also stalled. Attention now turns to

Headlines: Markets: USD leads, JPY lags on the day European equities higher; S&P 500 futures up 0.2% US 10-year yields up 5.1 bps to 4.429% Gold down 0.1% to $2,628.43 WTI crude up 0.5% to $69.76 Bitcoin up 1.4% to $93,583 The dollar is starting to perk up again in trading today, following a bit

Gold December futures contracts at MCX opened flat today at Rs 75,537 per 10 grams, down by 0.07% or Rs 50, while silver December futures contracts were trading at Rs 89,752/kg, down by almost 1% or Rs 868. Gold prices have risen by Rs 2,300/10 grams in the last week, while silver prices surged by

Sterling posted modest gains today after the UK reported stronger-than-expected rebound in headline inflation for October. More importantly, both core CPI and services price growth also increased, indicating that underlying inflation is gaining momentum. This resurgence in inflation diminishes the likelihood of BoE implementing another rate cut in December. Market expectations have adjusted accordingly, with

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

The multi commodity exchange of India (MCX) via its circular announced that it will remain closed for trading in its morning session from 9 am to 5 pm in view of the Maharashtra Assembly Election 2024. However, the exchange will carry out trading in its normal course during its evening session from 5 pm to

The forex markets remain subdued in Asian session, with all major pairs and crosses confined within yesterday’s tight ranges, and many still constrained within last week’s bounds. Among the majors, Australian Dollar is showing slight strength supported by hawkish RBA minutes, followed by Swiss Franc and Canadian Dollar. Meanwhile, Japanese Yen lags as the weakest

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

Written by , ETMarkets.com| Nov 19, 2024, 06:53:30 PM IST 1/9 High Rally On Tuesday, the Sensex, the benchmark index, rose by 239 points, closing at 77,578. As part of the broader market rally, eight stocks from the BSE500 index hit their 52-week highs. A 52-week high represents the highest price a stock has reached in

The European session saw a significant shift toward risk aversion as geopolitical tensions escalated on the 1,000th day of Russia’s war in Ukraine. Investors sought refuge in major US and European treasuries, leading to a notable decline in yields. Safe-haven assets such as Gold, Swiss Franc, and Japanese Yen jumped. But the overall market response

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

Oil prices retreated on Tuesday after the previous day’s rally driven by halted production at Norway’s Johan Sverdrup oilfield, but investors remained cautious amid fears of a potential escalation in the Russia-Ukraine war. Brent crude futures for January delivery slipped 7 cents, or 0.1%, to $73.37 a barrel by 0119 GMT, while U.S. West Texas

Yen weakened broadly during the Asian session today, as traders expressed disappointment with BoJ Governor Kazuo Ueda’s remarks. Ueda repeated familiar stances on monetary policy but refrained from offering any signals regarding a December rate hike. This lack of clarity left markets unimpressed. However, the currency’s losses have been modest so far, with its direction

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

Written by , ETMarkets.com| Nov 18, 2024, 06:15:44 PM IST 1/9 New Lows On Monday, the Sensex, the benchmark index, fell by 241 points, closing at 77,339. During this decline, eight stocks from the BSE 200 index reached their 52-week lows. The 52-week low reflects the lowest price at which a stock has traded over the

The forex markets are largely consolidating today, with no major developments to drive decisive moves. Euro is showing some recovery, but the uptick appears more like a corrective bounce than a reversal. Sterling and Swiss Franc are following similar patterns, with modest strength lacking the momentum needed for sustained gains. This cautious tone is evident

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

Oil prices edged up on Monday after fighting between Russia and Ukraine intensified over the weekend, although concerns about fuel demand in China, the world’s second-largest consumer, and forecasts of a global oil surplus weighed on markets. Brent crude futures gained 20 cents, or 0.3%, to $71.24 a barrel by 0130 GMT, while U.S. West