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
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Oil prices steadied on Wednesday as investors weighed the impact of potential U.S. tariffs on Canadian and Mexican imports, while largely shrugging off an increase in U.S. weekly crude inventory. Brent crude futures fell 2 cents to $77.47 a barrel by 0132 GMT while U.S. crude futures were at $73.81 a barrel, up 4 cents,
Canadian Dollar is steady after BoC delivered its sixth consecutive rate cut, lowering its policy rate by 25bps to 3.00% as expected. The pace of easing has slowed from December’s 50bps reduction, reflecting a more measured approach as interest rate sits inside neutral zone. BoC explicitly warned of risks stemming from potential US tariffs, noting
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 April futures contracts on the MCX rose 0.15% (Rs 124) today, reaching a new all-time high of Rs 80,413 per 10 grams, marking the second consecutive session of price gains. Meanwhile, silver March futures contracts were trading at Rs 91,079/kg, up by merely 0.03% or Rs 28, having gone up by Rs 720/kg in
The sharp selloff in equities sparked by AI competition concerns appears to have run its course for now. While NASDAQ dropped more than -3% yesterday, the selling pressure did not intensify as the session progressed. DOW, on the other hand, demonstrated resilience, closing up 0.65%. This relatively stable market sentiment has led to reversal in
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 firmed on Tuesday as focus shifted to the Federal Reserve‘s first meeting of 2025, while investors try to decipher how U.S. President Donald Trump‘s policies will impact the U.S. central bank’s views on growth and inflation. FUNDAMENTALS * Spot gold held its ground at $2,742.49 per ounce, as of 0101 GMT. U.S. gold
The global financial markets are finding their footing following the turmoil triggered by yesterday’s tech-driven selloff. European stocks have moved into positive territory, while US futures signal a flat start to trading. Nvidia, which lost a staggering -17% on Monday—erasing nearly USD 600B in market capitalization—is poised for a partial rebound. Meanwhile, investors appear to
Tariff man strikes again and the dollar is sitting higher today. It’s another reminder that with Trump, you never know what you’re gonna get right before the end of the day in the US. He is up threatening with tariffs again and you can check out the headlines here. This is now seeing the dollar
Gold April futures contracts at MCX opened higher on Tuesday at Rs 80,355/10 gram, which is up by 0.24% or Rs 195 while silver March futures contracts were flat at Rs 90,223/kg. On Monday, gold and silver settled on a weaker note in the domestic and international markets. Gold April futures contract settled at Rs
As markets gear up for a week dominated by central bank meetings including Fed and ECB, sharp selloff in US tech stocks has stolen the spotlight. NASDAQ futures dropped more than -2%, triggering mild safe-haven flows into Yen, U.S. Dollar, and Swiss franc. Meanwhile, commodity currencies like Aussie and Kiwi suffered as risk sentiment deteriorated.
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 fell more than 1% on Monday after U.S. President Trump called on OPEC to reduce prices following the announcement of wide-ranging measures to boost U.S. oil and gas output in his first week in office. Brent crude futures dropped 87 cents, or 1.11%, to $77.63 a barrel by 0043 GMT after settling up
Markets opened the week with a dramatic shift in risk sentiment as last week’s record-breaking highs in US equities gave way to sharp declines, driven by tech sector rout. Concerns over US dominance in artificial intelligence surfaced after Chinese startup DeepSeek unveiled a competing AI assistant, leading to fears of heightened competition. Nvidia saw its
On Monday, the U.S. will release the new home sales data. On Tuesday, Japan will publish the BoJ core CPI y/y, while in the U.S., durable goods orders m/m, the CB consumer confidence index, and the Richmond manufacturing index will be released. On Wednesday, Japan will release the monetary policy meeting minutes, after which attention
Gold February futures contracts at MCX were slightly down on Monday, trading at Rs 79,813 per 10 gram, falling by 0.27% or Rs 213 while silver March futures contracts were trading at lower by 1% or Rs 919 at Rs 90,680/kg, around 10:30 am today. Gold and silver gained last week amid Trump’s fight for
Trump Coin (TRUMP/USDT): The Rise and Fall of a Meme Coin In the unpredictable world of cryptocurrency, meme coins frequently make headlines with spectacular gains—followed by equally dramatic losses. Trump mentioned (see in video below) that the launch of his Meme coin celebrated winning. So far, it seems that he won, and buyers of this
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