Gold prices climbed Rs 80 to Rs 60,430 per 10 grams in the national capital on Tuesday amid a rise in precious metal prices in overseas market, according to HDFC Securities. In the previous trade, the yellow metal had settled at Rs 60,350 per 10 grams. Silver also jumped Rs 400 to Rs 77,100 per
Dollar rises broadly today, in the first trading day of August. The greenback is bolstered by mild risk aversion and rallying US yields. Meanwhile, traders are also probably starting to position ahead of the heavy weight data this week. However, the greenback is stuck below last week’s high against Euro so far. Firm break there
Job vacancies and layoffs edged lower in June, according to a Labor Department report Tuesday that points to a stable labor market. Employment openings totaled 9.58 million for the month, edging lower from the downwardly revised 9.62 million in May, the department said in its monthly Job Openings and Labor Turnover Survey. That was the
Share: The GBP weakened on Tuesday against the USD as the Greenback gained ground against most of its rivals. Ahead of Thursday’s Bank of England (BoE) decision, the weak British made the GBP lose interest while markets await key labour data from the US. Economic data reported on the session from the US came in
In this article UBER Follow your favorite stocksCREATE FREE ACCOUNT Uber CEO Dara Khosrowshahi addresses the audience during the keynote at the start an Uber products launch in San Francisco, California on September 26, 2019. Philip Pacheco | Afp | Getty Images Shares of Uber rose 4% in premarket trading Tuesday after the company reported second-quarter results
EURUSD expands the range today, but still above support The EURUSD started the US session with a low at 1.1004 and just above the 61.8% retracement at 1.1002. The high was at 1.1037 which was just short of the 100-hour MA. That was a narrow range of only about 33 pips In the NY morning
S&P 500 futures Eurostoxx -1.0% Germany DAX -1.0% France CAC 40 -1.0% UK FTSE -0.6% Spain IBEX -1.0% Italy FTSE MIB -1.2% It’s not a good look for European indices either as seen above, with US futures also tilting lower on the session. There aren’t any major catalysts but the turn of the month can
India‘s gold demand in 2023 could fall 10% from a year ago to their lowest in three years, as record high prices are dampening retail purchases, the World Gold Council (WGC) said on Tuesday. The lower purchases in the world’s second-biggest gold consumer could limit a rally in global prices. Falling demand for gold imports
Australian Dollar is trading broadly lower after RBA opted to keep interest rates on hold. However, the currency’s losses remain contained was not too much out of expectations. RBA’s continued bias towards tightening, albeit arguably less emphatic than before, is currently helping to limit Aussie’s downside, keeping it within Monday’s trading range, waiting for a
Share: Economists at Commerzbank analyze Greenback’s outlook after the US GDP data for Q2 provided some strong support for the USD last week. Further tightening would reduce the possibility of a soft landing for the US economy Strong economic data constitute a double-edged sword for the Dollar. On the one hand, the prospect of a
The BP logo is displayed outside a petrol station near Warmister, on August 15, 2022 in Wiltshire, England. Matt Cardy | Getty Images News | Getty Images LONDON — Oil major BP on Tuesday reported a sharp fall in second-quarter profits on the back of weaker fossil fuel prices, echoing a trend observed across the energy industry.
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Smart contracts have reshaped the possibilities of what blockchain and crypto can achieve, and we can all acknowledge that. That doesn’t mean they’re the be-all-end-all solution to widespread adoption. Being overzealous about any kind of innovation can also contribute to its stalling, or even failure if other factors don’t align. The mentality of assuming new
The NZDUSD is closing today higher. The currency pair is up 0.70%. The move to the upside saw the pair extend above 3 separate moving averages 100-hour moving average at 0.6198 200-hour moving average of 0.62089 200-day moving average of 0.62215. The high price reached 0.62246. That was still short of a downward-sloping trendline and
The AUD is the strongest of the major currencies today, while the JPY is the weakest. The USD is ending the day with mixed results to day with modest gains versus the EUR, GBP, CHF and JPY. The greenback is lower versus the commodity currencies led by a -1% decline vs the AUD, a -0.75%
Gold prices fell by Rs 100 to Rs 60,350 per 10 grams in the national capital on Monday amid a decline in the precious metal in global markets, according to HDFC Securities. The precious metal had closed at Rs 60,450 per 10 grams in the previous trade. Silver also dropped by Rs 300 to Rs