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

Following a high of Rs 75,049 on Tuesday, Gold October futures contracts at MCX soared to a new all-time high of Rs 76,000 per 10 grams, reflecting an increase of 0.24% or Rs 177. Gold prices have been surging for a week now post the US Fed cut rates by 50 bps, going up by

Dollar continued its broad-based weakness in Asian session, with selling pressure shifting towards European majors. EUR/USD is approaching its August high as the near-term rebound gathers momentum. This decline in the Dollar is partly attributed to weaker-than-expected US consumer confidence data released overnight, which has intensified market expectations of consecutive 50bps rate cuts by Fed

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 76,950 per 10 grams in the national capital on Tuesday amid a firm trend in the overseas markets. On Monday, the precious metal had revisited the all-time high level of Rs 76,950 after a gap of six months, according to market sources. The metal previously hit the record level

The forex market continues to display a mild risk-on mood, with commodity-linked currencies Australian, New Zealand, and Canadian Dollars gaining ground. In contrast, safe-haven currencies Japanese Yen, Swiss Franc, and Dollar are under pressure. Australian Dollar jumps earlier today following RBA’s decision to hold rates steady, combined with China’s broad stimulus package aimed at boosting

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

Public sector banks (PSBs) are set to lead bond issuances, with infrastructure bonds playing a key role, according to a recent ICRA report. PSBs are expected to account for 82-85% of total issuances in FY2025, helping drive total bank bond issuances to Rs. 1.2-1.3 lakh crore, surpassing the previous record of Rs. 1.1 lakh crore

Australian Dollar surged broadly today following RBA’s decision to leave interest rates unchanged at 4.35%, as widely expected. What caught the market’s attention was RBA’s continued focus on inflation risks, making it clear that the central bank is not considering a rate cut anytime soon. During the post-meeting press conference, Governor Michele Bullock downplayed the

The US economic calendar was light, with only the US S&P Global flash PMI data released. The S&P Global PMI data for September 2024 showed mixed performance across sectors. The US Services PMI came in at 55.4, slightly above the expected 55.2, although down from the prior month’s 55.7, which was the best in two

Gold rose on Monday to an all-time high, as bullish market sentiment after the U.S. Federal Reserve cut interest rates last week combined with geopolitical tensions drove prices despite a stronger dollar. Spot gold gained 0.3% to $2,630.19 per ounce by 11:37 a.m. ET (1537 GMT), after hitting an all-time high of $2,635.29 earlier in