New Delhi: Gold prices rose by Rs 177 to Rs 47,267 per 10 grams in the national capital on Wednesday in line with gains in the precious metal in global markets and a fall in the rupee, according to HDFC Securities. In the previous trade, the precious metal had settled at Rs 47,090 per 10
In this article RENT Jennifer Hyman, Rent the Runway Scott Mlyn | CNBC Rent the Runway shares fell more than 5% in extended trading Wednesday after the company booked widening third-quarter losses, despite sales that shot up 66% year over year, in its first financial report since going public in late October. The fashion rental
USD/JPY bulls moving in and eye a restest towards 115.20. On the downside, 112.50 is an important level worth noting. USD/JPY has corrected to into hourly support which gives rise to bullish prospects for the sessions ahead. The following illustrates, in a top-down analysis, the potential for a restest of the 114 area towards 115.20.
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Much volatility is seen in the markets today, in particular in Sterling. The Pound tumbled sharply on news that the UK Government to going to activate a plan B and impose some restrictions as soon as on Wednesday, due to spread of Omicron. Yet, sentiments recovered After Pfizer said results from an initial laboratory showed
Up $0.20 on the day or 0.39% The price of crude oil futures are settling the day at $50.95. That is up $0.20 on the day or 0.39%. The high price reached $52.20 The low price fell to $50.24. Looking at the hourly chart above, the price high did stall against its 200 hour moving
Payments giants Visa is launching new consulting and advisory services in a move to help its clients navigate the world of cryptocurrencies. The firm said on Dec. 8 that its crypto advisory practice, housed within its consulting and analytics division, will offer advice to financial institutions, retailers and other firms on everything from rolling out
Forex news for Asia trading Friday 19th February 2016 Overnight moves lower in stocks and stronger for the yen continued in Asia today. USD/JPY dropped under 113 and remains there as I update, while EUR/JPY was cushioned somewhat by EUR/USD putting on a few added points toward 1.1130. We saw the Reuters Tankan report from
New Delhi: Capital markets regulator Sebi has proposed ‘one commodity one exchange‘ concept in a bid to reduce fragmentation of liquidity and help every stock exchange develop an exclusive set of unfragmented liquid contracts. In a consultation paper, the regulator said it has prepared a concept note on developing exchange specific unique set of commodities
In this article SFIX The Stitch Fix logo on a smartphone arranged in Hastings-on-Hudson, New York, U.S., on Saturday, June 5, 2021. Stitch Fix Inc. is scheduled to release earning on June 7. Tiffany Hagler-Geard/ | Bloomberg | Getty Images Stitch Fix shares tumbled 17% in extended trading Tuesday after the online shopping and styling
In order to ramp up emergency stimulus, the new Omicron covid variant must have a significant damaging impact on the euro area economy, European Central Bank (ECB) Governing Council member Martins Kazaks said in a Bloomberg interview on Wednesday. Key quotes “At the current moment, we don’t know how the omicron variant will develop.” “Unless
Risk-on sentiment is gather steam today with major European indexes trading broadly higher, while US futures point to higher open. WTI crude oil is also up another 2.5% and is back above 70 handle. In the currency markets, Australian Dollar is leading the rebound in commodity currencies, with help from a slightly more upbeat RBA
Buyers are scoring back on run back above swing levels/highs The USDJPY ran higher yesterday on the back of higher rates and US dollar buying. The pair moved above the old high going back to October 20 at 114.691. The price also moved above the November 2017 swing high at 114.728. It wasn’t until last
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KUALA LUMPUR: Malaysian palm oil futures hit a one-week high in their second consecutive day of gains on Tuesday, as industry surveys pointed to tightening November production and inventory. The benchmark palm contract for February delivery on the Bursa Malaysia Derivatives Exchange gained 146 ringgit, or 3.07%, to 4,896 ringgit ($1,157.72) a tonne by the
GBP/CAD slumped from above 1.6900 to under 1.6750 on Tuesday for its worst one-day performance since April. A combination of technical selling, higher oil prices and central bank policy divergence drove the move. GBP/CAD slumped to within a whisker of its lowest levels since March 2020 on Tuesday, slipping from above 1.6900 at the start