NEW DELHI: Coriander prices on Friday rose Rs 82 to Rs 6,987 per quintal in futures trade as speculators widened their holdings tracking firm trend at the spot market. On the National Commodity and Derivatives Exchange, coriander for April delivery went up Rs 82, or 1.19 per cent, to Rs 6,987 per quintal with an
Month: March 2021
Global equities struck a strong note in ending last week, with help from fresh US stimulus and ECB’s pledge to accelerate asset purchases. Yen, Dollar and Swiss Franc ended as the worst performing ones. Canadian Dollar was the strongest on the back of risk-on sentiment, while additional supported up expectation of BoC tapering and strong
Gold bounces off the ascending channel’s lower boundary support as a bullish impulse emerges. The MACD reinforces XAU/USD’s uptrend on the daily chart. The bearish leg may continue toward $1,650 if the channel’s middle boundary support fails to hold. Gold has continued to drop from January highs around $1,950 amid a stronger US dollar. The
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In previous bull markets, one of the most consistent price movers for cryptocurrency projects was being listed on Coinbase, a phenomenon that became known as the ‘Coinbase effect’. The recent announcement that Polygon (MATIC), SKALE (SKL) and SushiSwap (SUSHI) would be added to the exchange and begin trading on March 11 has proven that the
Nasdaq lags once again. Russell 2000 also closes at a record The Dow and the S&P closed at another record high. Dow has its best week since November Nasdaq index lags once again as the rotation into the major cyclicals continues The Russell 2000 also closed at a record level today The final numbers are showing: S&P index, +3.99 points
Forex news for North American trade on March 12, 2021: Markets: Gold flat at $1721 S&P 500 flat at 3940 US 10-year yields up 9 bps to 1.63% WTI crude down 42-cents to $65.61 CAD leads, NZD lags The rise in Treasury yields had markets off balance coming into the day but this time was
India’s palm oil imports fell 27% in February from a year earlier to their lowest in nine months, a leading trade body said on Friday, reflecting a slowdown in domestic demand. India imported 394,495 tonnes of palm oil, down from 540,470 tonnes a year earlier, the Solvent Extractors’ Association of India (SEA) said in a
Sterling and commodity currencies are back in driving seat on positive market sentiments. Nikkei rises sharply in Asian session, following another record close in DOW overnight. Treasury yields also appear to have settled in range after this week’s central bank rhetorics. For now, Yen is the worst performing for the week, followed by Dollar. Aussie
Sarah Whitten A global pandemic didn’t stop ardent Funko collectors from stocking up on miniature models of their favorite pop culture characters. The company beat on the top and bottom lines when it reported fourth-quarter earnings after on Thursday, sending shares up 10% after hours. Here’s how the company did for the fourth quarter, compared
US equities struggled to follow Thursday’s records with mixed indices. Nasdaq down nearly 1%, Dow sets another record up 0.9% and S&P up 0.1%. Inflation ticks back into consciousness, PPI rises and 10 Year pops to 1.63%. Major US indices struggled to eke out gains on Friday to end the week on a positive note. The week
After pings at the 100 hour MA The ping -pong of the EURUSD has pushed the price from a ping at the 100 hour MA (blue line) to the pong at the 200 hour MA (see earlier post here laying the groundwork for the ping pong). Yesterday, the price moved above the 200 hour MA
Canadian 5-year yields break 1% USD/CAD is below 1.25 as the market continues to digest the strong February jobs report and the likelihood of BOC rate hikes. The great debate of next year will be which central bank hikes first and the top two contenders are the BOC and Fed. The Canadian central bank has
Women working in the blockchain sector are still few and far between. While exact statistics are unclear, technology has, in general, remained a male-dominated field. For instance, a recent report from Deloitte found that only 7% of fintech startup founders are women. The report also noted that startups founded and co-founded by women have struggled
Low domestic prices raked in demand for physical gold in some Asian hubs this week, with fresh retail interest also allowing dealers to charge higher premiums in India. Local gold futures in India traded around Rs 44,400 per 10 grams on Friday, near a one-year low of Rs 44,150 they touched earlier in the week.
Dollar rebounds broadly again today as markets are unsettled by renewed strength in treasury yield. At the time of writing, US 10-year yield is back pressing 1.6 handle. DOW future is trading mildly higher, but NASDAQ futures is down -1.3%. Though, Canadian Dollar is even stronger as lifted by much stronger than expected employment data.
Ulta Beauty said Thursday that fourth-quarter sales and profit fell from the prior year, hurt by weaker sales of cosmetics during the pandemic. Although the decline was smaller than expected, shares fell as the beauty retailer gave a disappointing outlook for the coming year. Ulta shares fell more than 8% after the bell. The company
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