NEW DELHI: Zinc prices on Wednesday rose 0.32 per cent to Rs 237.10 per kg in the futures trade on a firm spot demand. On the Multi Commodity Exchange, zinc contracts for the May delivery rose by 75 paise, or 0.32 per cent, to Rs 237.10 per kg in 2,324 lots. Analysts said fresh positions
Month: May 2021
Oil output from OPEC-10 and the nine non-OPEC producers joined the “output-cut” deal increased to 34.43M bpd in April, up from 34.26M bpd a month ago. The total compliance level slipped -0.2 ppt to 111%. Saudi Arabia’s voluntary cut of 1M bpd continued to contribute significantly to overall compliance. The compliance level would have dropped
In this article TSLA A worker operates a forklift to move bundles of Hampton lumber for a shipment order at Burton Lumber in Salt Lake City, Utah, on Thursday, May 6, 2021. George Frey | Bloomberg | Getty Images The U.S. economy is trying to restart its engine after tumbling into its deepest recession in
TSLA shares continue to suffer losses despite retail rally. Saturday night live fails to stop the bears. Has Elon Musk turned his focus to Dogecoin? Tesla (Nasdaq: TSLA) shares have just not been right since reporting earnings on April 26. Earnings per share (EPS) did beat analyst expectations, but the manner of the beat and
Dow leads the move down today. For the second consecutive day, all the major indices closed lower. Today’s moves were led by the Dow 30 stocks. That index is down at the lows -667 points. It is ending the session down -472.21 points. The NASDAQ index ended marginally lower after being down as much as -2.20%. The final numbers
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 of your initial investment; do
LONDON: OPEC on Tuesday stuck to its prediction of a strong recovery in world oil demand in 2021 as growth in China and the United States counters the coronavirus crisis in India, an outlook that bolsters the group’s plan to gradually ease output cuts. In a monthly report, the Organization of the Petroleum Exporting Countries
Tech led global equities selloff is a major theme today, spreading from Asia to Europe to the US. In the background, there seems to be heightened concerns on inflation over surging commodity prices. European indexes are all in deep red while NASDAQ future is down another -1.6%. The reactions in the currency markets are mild
A help wanted sign is displayed in the window of a Brooklyn business in New York. Spencer Platt | Getty Images Job openings popped to a record high in March as employers struggled to find workers to fill those positions, the Labor Department reported Tuesday. Even as help wanted jumped from February by 597,000, or
In this article RBLX The New York Stock Exchange welcomes executives and guests of Roblox (NYSE: RBLX), today, Wednesday, March 10, 2021, in celebration of its Direct Listing. NYSE Roblox shares rose more than 5 percent in after-hours trading, following the release of its first earnings report since going public in a direct listing in
Silver consolidates the previous day’s gains, refreshes intraday low of late. Clear trading beyond immediate horizontal support, 100-HMA back buyers amid upbeat MACD signals. A seven-day-old rising trend line adds to the downside filters. Silver takes offers around $27.60, down 0.10% intraday, amid the early Asian session on Wednesday. The white metal jumped the most
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3 simple steps to make profit by Tokyo Box Breakout Strategy. I am showing the break out strategy with LIVE trading on CHFJPY on 26 of June, 2019, and explaining why it works on what currency pair. Note: I traded manually on this video because it was live trading. But you can use buy /
In South Korea, one in three citizens either own cryptocurrencies or get paid in them. One-tenth of its population trades digital assets, and its youth unemployment rate hovers above 10%. It’s a competitive job market in the East-Asian nation, where high expenses enforce hierarchical social structures, and financial stability can seem like a pipe dream.
Yield curve steepening The US treasury will auction off $58 billion ofthree year notes, $41 billion of 10 year and $27 billion of space30 year issues this week. Yields were lower earlier in the day, but have backed up a bit and it could be in reaction to positioning ahead of the supply to come.
The Nasdaq faces a key technical challenge today Invest in yourself. See our forex education hub. The drop yesterday already sees price fall to test its 100-day moving average (red line) and given how futures are pointing downwards by another 1.3% currently, it looks like the open is going to be an ugly one for
Thermal coal futures in China surged to a record high as a severe supply crunch overpowered the exchange’s effort to cool down the breakneck price rally. Prices have rallied 34 per cent so far this year as miners struggle to meet robust demand from the nation’s economic rebound. Safety and environmental inspections, mining accidents and
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