Leading stock exchange BSE has launched Electronic Gold Receipt (EGR) on its platform, a move that will help in efficient and transparent price discovery of the yellow metal. It introduced two new products of 995 and 999 purity during the Muhurat trading on Diwali and trading will be in multiples of 1 gram and deliveries
Month: October 2022
The Asian markets are generally quiet today, with the expectation in China. The Shanghai SSE reversed earlier losses and surged before the break, with talks of buying by the “national team”. But Yuan’s decline continued and hit another record low. In the forex markets, most major pairs and crosses are bounded inside yesterday’s range. Today’s
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Alphabet shares dropped about 7% in extended trading on Tuesday after the company reported weaker-than-expected earnings and revenue for the third quarter and said it would significantly decrease headcount growth. Earnings per share (EPS): $1.06 vs. $1.25 expected, according to Refinitiv estimates. Revenue: $69.09 billion
Several Democratic members of the United States Senate and House of Representatives have requested information from top regulators and agencies in the country regarding crypto firms hiring government officials upon their departure. In letters dated Oct. 24 to the heads of the Securities and Exchange Commission, Commodity Futures Trading Commission, Treasury Department, Federal Reserve, Federal
NASDAQ index is now up over 10% from its lows The major US indices are cheering the bad news as good news for stocks and for Fed policy going forward. The NASDAQ index is now up 1.56%. The Dow industrial average is into positive territory now at +0.47%. The major indices are working on their
Prior was 108.0 (revised to 107.8) Present situation 138.9 vs 149.6 prior Expectations 78.1 vs 80.3 prior Jobs hard-to-get 12.7% vs 11.4% prior This index had fallen to 95 in July so it’s not any kind of shocking decline and these numbers track gasoline prices closely. “Consumer confidence retreated in October, after advancing in August
Gold prices in the national capital declined Rs 196 to reach Rs 50,702 per 10 grams on Tuesday, taking cues from weak global prices, according to Securities. The yellow metal had settled at Rs 50,898 per 10 grams on Monday. Similarly, the COMEX spot price of gold marginally fell to USD 1,643.2 per ounce compared
It’s an extremely slow day in the markets. Sterling appears to be a touch stronger after Rishi Sunak finally become the third UK Prime Minister in Two months, accepting King Charles’s request to form a government. Meanwhile, Swiss Franc is slightly on the softer side. But overall, most major crosses and pairs are staying range
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella gestures during a session at the World Economic Forum annual meeting in Davos on May 24, 2022. Fabrice Coffrini | AFP | Getty Images Microsoft will report fiscal first-quarter results after market close on Tuesday. Here’s what analysts are expecting: Earnings:
Consumer confidence in the US deteriorated in October. US Dollar Index trades deep in negative territory below 111.00. The data published by the Conference Board showed on Tuesday that the Consumer Confidence Index declined to 102.5 in October from 107.8 in September (revised from 108). This reading came in worse than Reuters’ estimate of 105.9.
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KRB Markets in association with Trading Institute is organising a webinar on ‘’Investing & Trading for Beginners’’ Register here: https://tradinginstitute.org/investing-and-trading-for-beginners/ What will you learn? How do people make money in Investing & Trading Difference between Investing & Trading What are the different Trading and Investing styles How can you use Technical Analysis in the present
The major US indices are higher led by the Dow industrial average is up 377 points or 1.21% at 31458. The S&P index is up 34.16 points or 0.91% at 3787. The NASDAQ index is up 32 points or 0.30% at 10892. Dow industrial average is above its 100 day moving average Looking at the
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SINGAPORE – Oil prices fell on Monday after China released much-delayed trade data which showed that demand in the world’s largest crude importer remained lacklustre in September as strict COVID-19 policy and fuel export curbs depress consumption. Brent crude futures for December settlement slid 40 cents, or 0.4%, to $93.10 a barrel by 0340 GMT
Sterling is the better performer in Asian session today. It’s supported by news that former Prime Minister Boris Johnson withdrew from party leadership contest on Sunday, even with enough support to make the final ballot. The development left business friendly Rishi Sunak, a former Finance Minister, as a favorite to replace outgoing Prime Minister Liz
In this article TSCO DOV ABT WHR POOL C PG TSLA Follow your favorite stocksCREATE FREE ACCOUNT Pepsi products are displayed for sale in a Target store on March 8, 2022 in Los Angeles, California. Mario Tama | Getty Images One thing is clear at the start of the corporate earnings season: Inflation remains a
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