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Yen’s selloff resumes as another week starts on rising treasury yields while Asian stocks are mixed. European majors are also under some selling pressure, with Euro, Sterling and Swiss Franc steady among themselves. Meanwhile, Australian Dollar is performing well together with Dollar, trailed by Canadian and New Zealander. Gold dips notably on Dollar strength and
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Oil futures extended gains on Thursday morning, after sharply rising in the first portion of the week, as traders weighed additional supply disruptions following reports of storm damage at a major export terminal system on the Black Sea. Brent futures were up about $1.06, or 0.9%, to $122.66 a barrel and U.S. West Texas Intermediate
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New Delhi: Markets watchdog Sebi on Thursday said that recognised stock exchanges having a commodity derivative segment will be permitted to introduce options on commodity indices. The move is part of efforts to have more products in the commodity derivatives market. “The recognised stock exchanges with a commodity derivative segment, willing to introduce trading in
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Gold prices were unchanged on Thursday as the dollar gained and yields hovered near multi-year peaks, offsetting support from an escalation in the Ukraine crisis. FUNDAMENTALS Spot gold was little changed at $1,943.75 per ounce by 0131 GMT. U.S. gold futures were up 0.4% to $1,944.40. The dollar index gained on Wednesday, making gold less
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