Gold prices rose marginally by Rs 21 to Rs 49,644 per 10 gram in the national capital on Friday, reflecting overnight gains in the international market, according to HDFC Securities. The precious metal had closed at Rs 49,623 per 10 gram in the previous trade. Silver prices, on the other hand, declined Rs 259 to
Month: December 2020
Trading in the financial markets are rather subdued today, pretty much in pre-holiday mood. Dollar is still in recovery mode but upside momentum has been very weak. The greenback is set to end as the worst performing one, followed by Canadian and then Swiss Franc. On the other hand, Sterling is also paring some gains,
In this Friday, Sept. 21, 2012, photo,a home is for sale in Oklahoma City. Average U.S. rates on fixed mortgages fell again to new record lows. The decline suggests the Federal Reserve’s stimulus efforts may be having an impact on mortgage rates. Mortgage buyer Freddie Mac said Thursday, Sept. 27, 2012, the rate on the
Customers arrive at an Olive Garden location in San Antonio, Texas. Callaghan O’Hare | Bloomberg | Getty Images Darden Restaurants on Friday reported quarterly revenue that fell short of analysts’ expectations as another wave of pandemic-related dining restrictions weighed on its same-store sales. Shares of the Olive Garden parent rose less than 1% in premarket trading.
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The AUD/USD pair surged to 0.7639, a level that was last seen in June 2018, holding on to its gains as the week comes to an end. The aussie will extend its positive momentum next week as overbought conditions still short of granting a correction, according to FXStreet’s Chief Analyst Valeria Bednarik. Key quotes “Winter
S&P post 31st record close of the year US major indices all closed higher. Some of the highlights for the day include: S&P, NASDAQ, Russell 2000 close at record highs NASDAQ on track for the best year since 2009 Russell 2000 on pace for the 7th straight weekly gain S&P higher for the 3rd straight
Forex news for Asia trading for Friday 18 December 2020 The Bank of Japan concluded its final monetary policy meting for 2020 today with an ‘as expected’ announcement of no changes to the major planks of monetary easing policy but an extension of funding support program to firms (via banks) that was introduced earlier this
Cash App, the Bitcoin-friendly payments application from U.S. financial services company Square, has teamed up with Grammy-nominated rapper Megan Thee Stallion on a $1 million Bitcoin giveaway. Megan announced the promotional campaign via Twitter on Dec. 17. The post has received more than 60,000 likes and 8,800 retweets at the time of writing. The rapper
MELBOURNE: Oil prices eased on Friday but stayed within touching distance of nine-month highs hit overnight as soaring COVID-19 cases weigh on fuel demand and U.S. lawmakers continue to battle over a $900 billion economic stimulus package. U.S. West Texas Intermediate (WTI) crude futures slipped 7 cents or 0.1%, to $48.29 a barrel at 0218
BOE left the Bank rate unchanged at 0.1% and the asset purchase program at 875B pound. The central bank remained cautious about the “unusually uncertain” economic outlook and pledged to take “whatever additional action is necessary” if the outlook for inflation weakens. Despite forecasts that GDP growth in December would come in weaker than November’s
People ride scooters past the Marriner S. Eccles Federal Reserve building in Washington, D.C., U.S., on Tuesday, Aug. 18, 2020. Erin Scott | Bloomberg | Getty Images The Federal Reserve dialed up its economic expectations slightly for the end of this year as well as for 2021, according to the central bank’s Summary of Economic
A FedEx worker unloads packages from his delivery truck on March 31, 2020 in Washington, DC. Drew Angerer | Getty Images News FedEx generated better-than-expected profits and revenue during its most recent quarter as the coronavirus pandemic continues to bolster high volume of U.S. and international package deliveries, the company said Thursday. The package delivery
USD/JPY trades near 103.42, representing a 0.32% gain on the day. The BOJ kept interest rates unchanged, extended the corporate funding package as expected. The oversold bounce in the US dollar powers USD/JPY higher. USD/JPY continues to trade near the session high of 103.42, with the Bank of Japan (BOJ) deciding to extend the March 2021 deadline
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