Gold prices fell on Thursday, reversing recent gains as hawkish comments from Federal Reserve Chairman Jerome Powell dashed hopes that interest rate hikes will end…
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Category: Market
Oil Falls on Weak Chinese Data, Hawkish Fed Also Weighs
Oil prices retreated from a three-week high on Thursday after weak economic data from China pointed to more trouble in the world’s largest crude importer,…
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Asia FX Hunkers Down Ahead of Fed Meeting, Dollar Slips
Most Asian currencies moved little on Wednesday as caution kicked in ahead of a widely expected interest rate hike by the Federal Reserve, while the…
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Dollar Droops Amid Improved Risk Mood Before Fed; Aussie Pares Gain After RBA
U.S. dollar sank from a one-week top against a basket of major peers on Tuesday, as traders weighed the odds of a less aggressive Federal…
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Dollar Climbs Ahead of Busy Week For Central Banks
The dollar advanced on Monday, regaining some ground lost earlier in the month, at the start of a week packed with data releases and central…
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BoJ Holds Ultra-Low Interest Rates, Raises 2022 Inflation Forecast
The Bank of Japan (BoJ) held interest rates at record lows as expected on Friday, and said inflation is likely to rise more in the…
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PM Modi to launch healthcare projects, address rally in Gujarat today
Prime Minister Narendra Modi will launch various healthcare projects in Ahmedabad and address a rally in Rajkot on Tuesday, the third day of his visit…
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OIL SLIPS FROM 1-MONTH HIGH AS WEAK CHINESE DATA FUELS DEMAND FEARS
Oil fell on Monday as an unexpected contraction in China’s service sector fueled fears of slowing demand, although an OPEC supply cut and the prospect…
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Indian economy showing resilience and recovery: CEA
However, there are challenges, and geopolitics is messy for which foreign investors are cautious, the CEA said. Chief Economic Advisor (CEA) V Anantha Nageswaran has…
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Rupee likely to depreciate on strong dollar, risk aversion in global markets
Created economies are enduring a shot from the dollar’s appreciation to multi-decade highs in manners that were again recognizable to their developing business sector peers.…
View More Rupee likely to depreciate on strong dollar, risk aversion in global markets