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As the London/European traders head for the exits, the major European indices are lower for the day and the week. A look at the closes for the day shows: German DAX, -1.47% France’s CAC, -0.25% UK’s FTSE 100, -0.32% Spain’s Ibex, -0.94% Italy’s FTSE MIB, -0.61% For the trading week, all major indices are also

New Delhi: Gold prices rose by Rs 77 to Rs 50,037 per 10 grams in the national capital on Friday, according to HDFC Securities. In the previous trade, the yellow metal settled at Rs 49,960 per 10 grams. Silver zoomed by Rs 379 to Rs 63,869 per kg, from Rs 63,490 per kg in the

The financial markets are generally quiet today. Stocks are slightly down by losses are limited. Retail sales data from Canada and UK are largely ignored. Commodity currencies are the strongest ones for now. Yen, Dollar and Euro are the weaker ones. There news of shelling in Ukraine east by Russian-backed separatists and there is still

Prior -3.7%; revised to -4.0% Retail sales +9.1% vs +8.7% y/y expected Prior -0.9%; revised to -1.7% Retail sales (ex fuel) +1.7% vs +1.2% m/m expected Prior -3.6%; revised to -3.9% Retail sales (ex fuel) +7.2% vs +7.9% y/y expected Prior -3.0%; revised to -3.8% After the omicron impact in December, retail sales activity picked

NEW DELHI: Gold prices were trading ona volatile note, near their highest level since June 2021. Mounting tensions between Russia and the West over Ukraine lifted bullion’s safe-haven appeal, buttressed by lower US bond yields. However, deplomatic solution and various statements may continue to keep prices volatile. Gold futures on MCX were down by 0.36

Australian Dollar rises mildly in Asian session, together with New Zealand Dollar. But both were hammed down after a Russian media reported that Ukraine forces opened fire on four settlements of the LPR. Overall market sentiment remains rather fragile and ultra-sentiment. Dollar and Yen are both picking up some buying while European majors are mixed.

The major European indices are ending the session with declines across the board. The losses were led by the Italian FTSE MIB which fell -1.19%. The France’s CAC fell by a provisional -0.4%. A snapshot of the provisional closes shows: German DAX, -0.8% France’s CAC, -0.4% UK’s FTSE 100 -1.0% Spain’s Ibex, -0.9% Italy’s FTSE

Gold prices in the national capital on Thursday rallied Rs 513 to Rs 49,738 per 10 grams, reflecting overnight gains in international precious metal prices, according to HDFC Securities. In the previous trade, the yellow metal settled at Rs 49,225 per 10 grams. Silver zoomed by Rs 190 to Rs 63,222 per kg, from Rs

The markets are overall mixed today, as investors are holding their breath, awaiting confirmation on whether Russia is going to invade Ukraine, or not. Gold jumps notably and is now eyeing 1900 handle on nervous sentiment. In the currency markets, Yen is currently the stronger one, followed by Kiwi and then Sterling. Canadian Dollar is

After the earlier headlines involving Russia and Ukraine, expect the session ahead to be another day filled with anticipation on what happens next between the two nations. Tensions remain high and markets are keeping more defensive for the time being. We’ll see how things go but the mood is rather apprehensive right now and it

NEW DELHI: Gold prices were largely unchanged on Thursday as investors focused on higher inflation while conflicting statements over Russia-Ukraine tension also kept risk premium up. Fed officials last month agreed that with inflation tightening its grip on the economy and employment strong, it was time to raise interest rates. Gold futures on MCX were

Overall market sentiment is slightly weaker entering into US session. While Russia showed videos of tanks leaving Crimea, NATO questioned de-escalation and said troop buildup was still going on. There is little reaction to much stronger than expected US retail sales. Nevertheless, Canadian Dollar is popped up by higher than expected, surging consumer inflation data.

US business inventory/sales ratio 2012 to 2021 US business inventories for December 2021 2.1% vs estimate of +2.1%. Business inventories year on year 10.5% Prior month business inventories 1.3% US business sales -0.7% vs 0.7% last month. Year on year business sales were up 15.9%. Inventory/sales ratio rose to 1.29 from 1.25 last month. The

New Delhi: Days after receiving in-principle approval from Sebi to launch Electronic Gold Receipts (EGR) segment, BSE on Wednesday said it has collaborated with four regional associations from Maharashtra and Tamil Nadu to promote such products. These pacts are aimed at providing impetus for the growth and development of commodities segment in general with an

Asian markets are cautiously optimistic as worries over Russia-Ukraine situation eased. While there are reports of cyber attacks by Russia on Ukraine’s defence ministry and banks, investors are still calm. If the risks of war do vanish, hopefully, focuses will be turned back to Fed’s tightening pace, which might be shed some lights on by

Session wrap Forex news for Asia trading on Wednesday 16 February 2022 Eamonn Sheridan Wednesday, 16/02/2022 | 03:49 GMT-0 16/02/2022 | 03:49 GMT-0 Previous session: APAC: Chinese    inflation  data was the focus for the session. Both the CPI and PPI (January figures) came in below expectations and December’s numbers. A couple of points to

NEW DELHI: Gold prices slipped on Wednesday, pulling back from nearly eight-month highs, as signs of ease in tensions between Russia and Ukraine diminished the bullion’s appeal. Gold prices had rallied to their highest since June last year on Tuesday, buoyed by safe-haven demand, before giving up all gains on news indicating some easing in

The forex markets are pretty steady in Asia session today, with major pairs and crosses bounded inside yesterday’s range. Sentiment is mixed as investors are awaiting to see Russia would invade Ukraine on February 16, as media reported. But the rally in Gold suggests that investors are getting nervous on the risks. For now, Swiss