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The rise in the number of retail investors in the Indian market has been unprecedented. Technological advancement made its march in stock trading making the process absolutely convenient for people where they could register themselves for trading in the capital market from the convenience of their respective homes. Then, the financial challenges brought onto people

Euro ended the week broadly higher, with help from ECB’s historical rate hike. Yet, it was outshone by Swiss Franc, which was the biggest winner after SNB reiterated the stance of welcoming Franc’s appreciation. Canadian Dollar followed as the third, also after another massive hike by BoC. On the other hand, Yen was the worst

One of the best trades of this decade will be copper or copper miners with deep inventories. It’s well understood, right down to the government level, that we’re going to need a lot of copper in the green transition and that existing mines aren’t enough. At the same time, investors are unwilling to fund new

Beating both equities and bonds, gold has turned out to be the best performing asset class so far in the calendar year 2022. From Jan-August 2022, MCX Gold gave a return of 5.5 per cent, while midcaps gave a return of 3.4 per cent, Nifty 2.3 per cent and the bond index 1.1 per cent.

WTI crude oil settled up $3.25 today to $86.79 on the day. That’s higher than last week’s close at $85.98 and represents an impressive turnaround from $81.20 at yesterday’s low. The market is struggling to price in tight global supplies against worries of falling future demand. There are also uncertainties about how much natural gas-to-oil

Gold traded in a broad range but managed to end with a modest gain last week bringing a halt to its 3-week losing streak. Gold traded in a narrow range near $1700/oz and ended the week with a modest 0.3% gain. Gold along with other commodities edged up last week as market players moved from

Markets: S&P 500 up 61 points, or 1.5%, to 4067 US 10-year yields up 2.5 bps to 3.31% WTI crude oil up $2.78 to $86.32 Gold up $8 to $1715 AUD leads, USD lags The economic highlight was the Canadian jobs report and for the second month, it stumbled. That may begin to give the

Gold in the national capital rose by Rs 62 to Rs 51,131 per 10 grams on Friday amid a jump in international precious metal prices, according to HDFC Securities. In the previous trade, the yellow metal had closed at Rs 51,069 per 10 grams. Silver also jumped by Rs 579 to Rs 55,540 per kg

Dollar’s decline accelerates today on improving risk sentiment and pull back in treasury yields. Aussie is gaining most so far but Yen catching up quickly. Euro is struggling to extend the post-ECB rally, as dragged down by selloff in crosses, in particular against Swiss Franc. Canadian Dollar turned weaker after huge employment miss. Technically, EUR/CHF’s

The dollar is now down to the lows for the day as we see the technical correction run deeper ahead of the weekend break. Fed chair Powell didn’t really give a different message to Jackson Hole yesterday while the ECB delivered on expectations and kept the door open for another 75 bps rate hike in

NEW DELHI: Gold prices rose on Friday as the weakness in the US dollar boosted the sentiments for the yellow metal. However, the gains were capped following hawkish comments by the US Fed chair. The European Central Bank raised its key interest rates by an unprecedented 75 basis points on Thursday and promised further hikes

Dollar is starting to reverse recent gains, probably in a more persistent way. Australian Dollar is leading the way higher today, as supported by extended improvement in risk sentiment. But for the week, Swiss Franc and Euro are the strongest ones, followed by Canadian. Yen is still the worst performer, even though it’s in recovery

The ECB raised rates by 75 basis points which was semi expected. In doing so, the ECB raise projections for inflation (see 5.5% in 2023 now vs 3.5%), lowered growth for 2023 (seee 0.9% vs 2.1%), and 2024 (see 1.9% vs 2.1%) while raising growth for 2022. The ECB’s Lagarde said that 75 bps was

Gold prices rose by Rs 251 to Rs 51,056 per 10 grams in the national capital on Thursday, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 50,805 per 10 grams. Silver also rallied by Rs 862 to Rs 54,934 per kg from Rs 54,072 per kg in the

Euro dips broadly after ECB delivered a 75bps rate hike without additional hawkish surprise. But Aussie and Kiwi are the worst performers for today so far. Swiss Franc is rallying, thanks to buying against Euro, while Dollar is trading slightly firmer. Yen and Sterling are both consolidating this week’s losses. Technically, EUR/CHF’s break of 0.9696

New Delhi: Gold prices remained subdued on Thursday as the dollar hovered near its recent peak on aggressive US Fed rate hike bets. Fed officials said on Wednesday that they are still not convinced that the worst of the U.S. inflation scare has passed, in comments that teed up a continuation of the central bank’s

The markets are relatively steady in Asian session today, as focus turns to ECB rate hike. Dollar has been paring some gains overnight as risk aversion receded mildly. Both Euro and Swiss Franc are generally firming up. On the other hand, There is little sign of life for Yen, as it’s staying pressured across the

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 your initial investment; do not