Month: July 2021

DXY drops and rebounds from the 92.40/45 band. US Durable Goods Orders surprised to the downside. CB’s Consumer Confidence came in above estimates. The US Dollar Index (DXY) has so far met dip-buyers in the vicinity of 92.40 on Tuesday. US Dollar Index depressed well below 93.00 The index extends the negative streak for the
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New Delhi: Gold in the national capital on Tuesday dipped Rs 123 to Rs 46,505 per 10 grams amid weak international precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 46,628 per 10 gram. Silver also went lower by Rs 206 to Rs 65,710 per kg,
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The forex markets are rather quiet in Asia, with major pairs and crosses stuck inside yesterday’s tight range. Risk sentiments are mixed. While US indexes extended the record runs overnight, Asian index are struggling, as dragged down by extended selloff in Hong Kong. Overall, European majors are generally firmer together with Yen. On the other
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In this article TSLA SpaceX founder and Tesla CEO Elon Musk visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. Michele Tantussi | Reuters Tesla reports second-quarter results after the bell on Monday. Here’s what analysts are expecting, according to estimates compiled by Refinitiv: Earnings: 98 cents per share, adjusted, expected
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In the 1988 “Crypto Anarchist Manifesto,” engineer, author and cypherpunk Timothy C. May predicted a social and economic revolution enabled by technological developments, including high-speed networks, personal computers and satellites. Today, former Bitcoin core developer Jeff Garzik — now with SpaceChain — and others are making this vision a reality. Private crypto companies including SpaceChain,
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In opinion of Quek Ser Leang at UOB Group’s Global Economics & Markets Research, USD/IDR is seen navigating the 14,450-14,565 range. Key Quotes “USD/IDR traded in a relatively quiet manner between 14,480 and 14,555 last week. Indicators are mostly ‘neutral’ and USD/IDR could continue to trade in a quiet manner, likely holding between the two
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