NEW DELHI: Copper futures on Friday slipped 1.79 per cent to Rs 663 per kg as participants cut their positions amid muted demand in the domestic market. On the Multi Commodity Exchange, copper contracts for March delivery eased by Rs 12.05, or 1.79 per cent, to Rs 663 per kg in a business turnover of
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Forex news for NY trading on March 19 2021 In other markets: Spot gold is trading up $6.87 or +0.39% at $1743.20 Spot silver is up $0.12 or 0.46% $26.20 WTI crude oil futures rallied $1.49 or 2.48% $61.49 The price of bitcoin is trading up $1300 or 2.26% at $58,780 Today was a somewhat different day than has been
NEW DELHI: Gold prices rose by Rs 85 to Rs 45,036 per 10 gram in futures trade on Friday as speculators created fresh positions on a firm spot demand. On the Multi Commodity Exchange, gold contracts for April delivery traded higher by Rs 85, or 0.19 per cent, at Rs 45,036 per 10 gram in
US treasury yield jumped last week after Fed gave way to more yield strength. In the background, there were some concerns over resurgence of coronavirus infections in some countries like France, Brazil and India. There was also risk of slower than originally expected vaccine rollouts. Tensions between US China heightened after the “diplomatic” talks in
Despite some pro-golfers follies last weekend, my golf game is far from being pro-like… [embedded content] Watching the recent professional golf tournament this weekend, there was a series of back to back to back shots which made the pro’s look rather amateurish. I actually thought, I might have a chance (and then the feeling went
LONDON: Oil prices rose slightly on Friday in a volatile trading session, following a big sell-off the previous day as a new wave of coronavirus infections across Europe triggered fresh lockdowns and dampened expectations of any imminent recovery in fuel demand. Brent crude was up 31 cents, or 0.5%, at $63.59 a barrel by 1450
Dollar is generally firmer as markets enter into US session. Futures point to a flat open, but investors are clearly on guard of selloff before the weekend. Cautiousness is keeping Yen afloat too, even though Swiss Franc is lagging behind. As for today, Sterling is the worst performing one, followed by Swiss, and then Aussie.
Canada January 2021 retail sales data: Prior was -3.4% Retail sales ex autos -1.2% vs -2.7% expected Feb advance estimate +4.0% Clothing and accessories -17.8% m/m Furniture -15.1% General merchandise stores +3.3% Building material and garden equip +2.9% Motor vehicles and parts -1.0% Sales down in 6 of 11 subsectors Full report Statistics Canada said
NEW DELHI: Silver futures on Friday dropped Rs 383 to Rs 67,364 per kg as participants reduced their bets on low demand. On the Multi Commodity Exchange, silver contracts for May delivery tumbled by Rs 383, or 0.57 per cent, to Rs 67,364 per kg in a business turnover of 11,605 lots. Silver traded lower
Renewed surge in US treasury yields overnight sent stocks lower. Risk-off sentiments continued in Asian session general. Australian Dollar is currently the worst performing one for the day, weighed down further by weak retail sales data. Canadian Dollar is following as second weakest, as oil priced tumbled. Swiss Franc, Yen and Dollar are the stronger
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NEW YORK: Oil prices sunk for a fifth day in a row on Thursday to their lowest in two weeks on growing worries about rising COVID-19 cases in Europe and the strengthening US dollar that hurts the value of oil. Brent futures fell $3.74, or 5.5%, to $64.26 a barrel by 1:02 p.m. EST (1702
The BOE voted 9-0 to leave the Bank rate unchanged at 0.1%. It will also continue to buy up to 875B pound of UK government bonds and 20B pound of corporate debts. While cautioning that the economic outlook remained highly uncertain, policymakers acknowledged the recent upbeat data, smooth vaccination progress and the latest budget package.