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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

Gold prices remained flat at Rs 74,350 per 10 grams in the national capital on Wednesday in scattered deals even as it weakened in the overseas markets. Silver prices, however, declined Rs 400 to Rs 87,800 per kilogram. It had ended at Rs 88,200 per kg in the previous session on Tuesday. Meanwhile, gold of

Euro is facing significant selling pressure today, with its recent decline gaining momentum. Fresh data from ECB paints a grim picture: bank lending growth in July was notably sluggish, failing to meet even historical averages. Meanwhile, money growth, which had shown signs of improvement in prior months, remained stagnant with M3 increasing by just 2.3%

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 held steady on Tuesday, lingering near record highs, as safe-haven demand from rising geopolitical tensions in the Middle East and increasing bets on a U.S. Federal Reserve interest rate cut in September provided support. FUNDAMENTALS * Spot gold was flat at $2,515.83 per ounce by 0027 GMT. Bullion hit a record high of

Trading in the forex markets continued to be relatively subdued, as the initial buzz surrounding a Fed rate cut in September is quickly dissipating. Although there is still some speculation about the possibility of a more aggressive 50bps cut to kick off the easing cycle, the repeated reassurances from Fed officials about a preference for

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 October futures contracts at MCX opened flat on Tuesday at Rs 71,807 per 10 gram, which is down by 0.32% or Rs 232 while silver September futures contracts were trading at Rs 85,410/kg, up by 0.3% or Rs 258. In the last one week, the prices of gold have traded flat gaining Rs 220/10

Euro weakened broadly today, weighed down by growing recession concerns in Germany. The Eurozone’s largest economy confirmed -0.1% contraction in GDP in Q2. Consumer sentiment showing deeper-than-expected deterioration, particularly in economic expectations. This decline follows weak Ifo business climate released yesterday. The string of negative data points suggests that any economic recovery may be further

Japan’s finance minister Suzuki is speaking and says: FX rate determined by various factors Not just monetary policies and interest-rate differentials Also by geopolitical risks, market sentiment and others. Hard to tell how those factors would impact FX rates Will monitor how changes in US monetary policies would affect through various channel US Federal Reserve

Oil prices rose around 3% on Monday on reports of a near total production stoppage in Libya, adding to earlier gains on concerns that escalating conflict in the Middle East could disrupt regional oil supplies. Brent crude futures climbed $2.28, or 2.89%, to $81.30 a barrel by 1316 GMT, while U.S. crude futures were at

Traders appear to be stepping back from last Friday’s risk-on rally, showing more caution in the Asian session today. The mood in major indices is mixed; with Nikkei trading down by more than -1%, while HSI is showing gain of about 1%. This cautious sentiment is mirrored in the currency markets, where safe-haven currencies like

US stock markets closed on the highs on Friday, led by a surge in small caps. Last week: S&P 500 +1.4% Nasdaq Comp +1.4% DJIA +1.3% Russell 2000 +3.4% Toronto TSX Comp +4.1% Today, futures are tepidly higher with spoos up 8 pints, or 0.15%. Nasdaq futures are slightly lower. The S&P 500 is about

oil prices is unravelling — leaving trading desks, supermajors and Middle East producers grappling with what comes next. Since nearing $90 a barrel in early July, oil futures have lost more than 10% as China’s faltering economy and expectations of a flood of new supply from the Americas eclipsed US summer driving demand and Middle

Geopolitical events dominate market movements today amid a sparse economic calendar. Oil prices have surged following an announcement from Libya’s eastern government in Benghazi that oil production and exports would be halted. This move stems from a dispute with the internationally recognized western government in Tripoli over central bank leadership. Additionally, markets are reacting to

The US e-mini S&P contract is trading above and below unchanged at 5652.75. The high-priced has reached 5659.25 of the low price has extended down to 5646.50 Last week, the major indices closed up for the second consecutive week. Dow rose 1.27% after rising 2.94% the week before, S&P index rose 1.45% after rising 3.93%

Oil prices extended gains on Monday on fears a major spillover in fighting from the Gaza conflict into the Middle East could disrupt regional oil supplies, while imminent U.S. interest rate cuts lifted the global economic and fuel demand outlook. Brent crude futures climbed 37 cents, or 0.5%, to $79.39 a barrel by 2300 GMT

UPCOMING EVENTS: Monday: PBoC MLF, German IFO, US Durable Goods Orders. Tuesday: US Consumer Confidence. Wednesday: Australia Monthly CPI, Nvidia Earnings. Thursday: US Q2 GDP 2nd Estimate, US Jobless Claims. Friday: Tokyo CPI, Japan Retail Sales, Eurozone Flash CPI and Unemployment Rate, Canada GDP, US PCE. Tuesday The US Consumer Confidence is expected at 100.1