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It’s one more sleep until the Fed decision tomorrow. The expectations are for no change in rates with the first hike in March now. The Fed is likely to keep the taper on target.with the end finally in March as well. The balance sheet reduction is for later on. However, there is a lot of

NEW DELHI: Gold prices were little changed on Tuesday, as investors looked for interest rate hike cues from the US Federal Reserve’s meeting. Investors are focused on the Fed’s two-day policy meeting, which starts on Tuesday, amid expectations the central bank will signal that it planned to raise rates by 25 basis points in March.

Dollar and Yen rise again today as US futures point to sharply lower open. Yesterday’s strong U-turn seems lacking momentum to extend. But selling focus has somewhat turned to European session, with Swiss Franc leading the way lower. Commodity currencies, except Kiwi, are mixed. In other markets, Gold is staying in tight range above 1830.

There’s not much else going on besides some continued pressure on equities, with US futures pinned lower as highlighted here. As such, the dollar is continuing its positive run from yesterday with EUR/USD falling to its lowest since 22 December now. Sellers are keeping well in near-term control, defending a push against the 100-hour moving

New Delhi: Gold prices rose by Rs 86 to Rs 48,555 per 10 gram in the national capital on Tuesday on local demand and rupee depreciation, according to HDFC Securities. In the previous trade, the precious metal settled at Rs 48,469 per 10 gram. Silver declined by Rs 522 to Rs 63,907 per kg from

US stocks staged a strong comeback overnight, with DOW staging the first-ever 1000-point-plus intraday U-turn. It’s down -1100 pts at initially trading but closed up 11 pts eventually. Yet, risk-off sentiment remains dominant in Asia. Dollar is currently the strongest, followed by Yen. Sterling is the worst performer, followed by Kiwi and Loonie. Aussie managed

NEW DELHI: Gold prices were trading little higher on Monday, as investors awaited the US Federal Reserve’s outcome, scheduled later in the week. Meanwhile, concerns over inflation and Russia-Ukraine tensions kept bullion’s safe-haven allure intact. Traders will seek confirmation on the interest rate hike path of the US central bank. Gold futures on MCX were

Swiss Franc, Dollar and Yen rise strongly today on risk-off sentiment as geopolitical tensions around Ukraine escalate. Aussie is currently the worst performing one, followed by Sterling and then Kiwi. Euro and Canadian are mixed. In the back ground, markets are also preparing for some hawkish comments from Fed later in the week to set

Sellers are looking to break key support near the 0.6700 level, which helped to stem the initial decline back in December. The 38.2 retracement level @ 0.6702 adds to the support layer but both appear to be giving way now in a drop to 0.6690. Of course, the daily/weekly close is still one that will

Gold prices on Monday jumped by Rs 255 to Rs 48,431 per 10 grams in the national capital on strong global trends and rupee depreciation, according to HDFC Securities. In the previous trade, the precious metal had settled at Rs 48,176 per 10 grams. Silver also moved up by Rs 80 to Rs 64,793 per

The forex markets are pretty steady in Asian session even though others trade with a slight risk-off tone. Major pairs and crosses are stuck inside Friday’s range for now. But volatility is guaranteed ahead, with Fed and BoC featured, as well as a large batch of important economic data. As for today, main focuses will

BNP Paribas Asset Management on China’s real estate sector “We are of the view that we are at a major inflection point in terms of policy and we are likely to see some significant easing,” “We are involved in the sector and we are positive in the sector. We have built this position over the

Gold prices on Thursday steadied near a two-month high hit in the previous session, with higher U.S. Treasury yields preventing any gains amid caution building around developments at the U.S. Federal Reserve‘s meeting due next week. FUNDAMENTALS * Spot gold was flat at $1,839.36 per ounce as of 0031 GMT, steadying near its highest since

OPEC+ compliance with its quotas was about 122% in December, according to two sources cited by Reuters. That rose from 117% in November. A higher number means less production and the report’s sources highlight that some countries are struggling to lift output in order to hit quotas. There is certainly some spare capacity in Saudi

SINGAPORE: prices slipped back on Thursday after hitting their highest levels since 2014 in the previous session on the back of strong demand and short-term supply disruptions, underlying factors that limited losses as investors took profits. Brent crude futures dropped 72 cents, or 0.81%, to $87.72 a barrel, as of 0152 GMT. The global benchmark

Blackrock is out with its latest macro perspectives note and it makes a compelling argument: Inflation is largely driven by supply shocks, not fiscal policy and raising rates isn’t the solution. It’s been largely driven by manufacturing shortages and a shift in consumer spending into goods rather than services. We’ve heard all this before and

TOKYO : Oil prices plunged on Friday, after rising to seven-year highs this week, as an increase in U.S. crude and fuel stockpiles prompted investors to take profits from the rally. Brent crude futures dropped $2.46, or 2.8%, to $85.92 a barrel by 0136 GMT. The contract earlier fell by as much as 3%, the

The US major stock indices continue to tumble lower. The last two trading days has seen selling into the close, and with less than an hour left and trading, the pattern may be continuing today. The E-mini S&P futures contract is now broken below its 200 day moving average. The S&P 500 cash index has