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New Delhi: Gold in the national capital on Friday gained marginally by Rs 22 to Rs 48,669 per 10 grams in line with firm global trends and rupee depreciation, according to HDFC Securities. In the previous trade, the precious metal settled at Rs 48,647 per 10 grams. Silver in contrast, declined by Rs 626 to

Sterling rises broadly today after better than expected GDP data, even though upside momentum is weak so far. Dollar is paring some of the post-CPI gains as over sentiment, while weak, seems to be stabilizing. As for the week, Yen is the worst performing one, followed by Euro and Dollar. Aussie is the strongest one,

Gold is up $14 from the European low and $8 on the day to $1835. It reversed lower yesterday on the rout in bonds and risk trades but it has since steadied and is now on track for the highest close of the month. Gold is now up in 8 of the past 10 trading

Even as silver future prices crashed by Rs 900 on Friday, brokerage firm Motilal Oswal said it believes this is just a blip and the white metal could spike as much as Rs 80,000 in the next 12-15 months. This means a potential upside of 28 per cent from current levels and if comes true

Much volatility was seen in the markets overnight, but as dusts settled, risk-off sentiment dominated. Fed funds futures are now pricing in 94.7% chance of a 50bps rate hike by Fed after the strong CPI reading, comparing to just 33.7% a week ago. Dollar is trading generally higher in Asia, followed by Yen. Aussie is

The Thursday session in the US timezone was dominated by the CPI data and the wild ride for markets in its wake. Follow on moves during APAC trade were very limited but in general we have had just a few more points added to USD strength. EUR, AUD, NZD are all down very small. The

BEIJING: Oil prices eased early on Friday as hot U.S. inflation fanned worries about aggressive interest rate hikes and as investors await the outcome of U.S.-Iran talks that could lead to increased global crude supply. Brent crude futures fell 40 cents, or 0.4%, to $91.01 a barrel at 0140 GMT, while U.S. West Texas Intermediate

Dollar rebounds broadly in early US session after stronger than expected CPI data. Treasury yields also surged with 10-year yield marching higher. 2% level for 10-year yield is getting closer. Stocks on the other hand, take some beating on concerns of a more aggressive Fed. For now, selloff is concentrating on Yen and Swiss Franc.

The major    indices  are giving up some of their gains from yesterday. Recall from yesterday the: Dow industrial average up 305.26 points S&P index up 65.64 points    NASDAQ  index up 295.93 points Russell 2000 up 38.12 points Near the open today, the major indices are now showing Dow industrial average -250 points or

NEW DELHI: Gold prices were trading flat, held in a tight range on Thursday. Investors awaited U.S. inflation data that could offer fresh clues about the pace of the Federal Reserve’s monetary policy tightening. Russia has increased military capabilities along its border with Ukraine and in Belarus, according to the Pentagon. Ukraine believes there is

While US stocks staged a strong rally overnight, Asian markets turned mixed. Investors are holding their bets ahead of US CPI data. Australian Dollar remains the strongest one for the week, followed by Kiwi. Loonie also regained some ground with help from the stabilization in oil prices. On the other hand, Yen is currently the

How we got here: APAC headlines (read from the bottom up for the chronology) It was a bit of a placeholder session for APAC here today as markets awaited the US inflation report due later. There is a preview in the bullets above and more will follow. There was news regarding the Canadian protests further

Feb 10: Gold prices were stuck in a tight range on Thursday as investors awaited U.S. inflation data that could offer fresh clues about the pace of the Federal Reserve’s monetary policy tightening. FUNDAMENTALS * Spot gold was steady at $1,833.26 per ounce by 0113 GMT, hovering close to Wednesday’s high of $1,835.60. U.S. gold

Dollar trades broadly lower again today, as pressured by generally positive risk-sentiment. Yen is following as the next weakest. Canadian Dollar is also soft as WTI crude oil is struggling below 90 handle. On the other hand, Australian Dollar and New Zealand Dollar are trading broadly higher. Sterling and Swiss Franc are mixed for now.

The quick fall in omicron cases is leading to the removal of covid measures in much of North America but the opposite is taking place in greater China. Hong Kong today announced 1161 new confirmed covid cases, nearly double yesterday’s number (which was also a record). The government is struggling with how to deal with

New Delhi: Gold prices spurted by Rs 247 to Rs 48,403 per 10 grams in the local market here on Wednesday amid gains in the metal in international markets, according to HDFC Securities. In the previous trade, the precious metal had settled at Rs 48,156 per 10 grams. Silver also rallied by Rs 825 to

Australian Dollar rises further again with help from risk-on sentiments in the US and Asia. On the other hand, Dollar turns soft despite rising treasury yields. Canadian Dollar is dragged down slightly by oil prices. Other parts of the forex markets are mixed. Euro is still in consolidation against, and cautious comments from ECB officials

Reports on Tuesday that China’s ‘National Team’ was on the bid to support equities helped further stabilise mainland and Hong Kong stock markets today. The Hang Seng added circa 1.5% while the Shanghai Composite inched up by 0.2%. Japan’s Nikkei225 gained just shy of 1%. US yields did not climb further here, eyes are turning