No justifications for gold's recent rally, investors riding on Fed rate cut hopeGold closed at a record high of $2330 amidst escalating Middle East tensions, positive US economic data, and hints of potential rate cuts b...
Disappointing US data, dovish Fedspeak lift Gold's appealSpot gold rallied sharply Friday on disappointing US ISM manufacturing data (February) that showed that manufacturing orders, production, a...
Gold ends with weekly declines; buy the dips going aheadGold prices came under intense immediate downside pressure on better-than-expected US non-farm payroll data. However, weaker-than-estimated...
Gold likely to remain range-bound next weekUS employers added 336k jobs versus the forecast of 170k jobs in September as a two-month payroll net revision was noted at +119k. The unem...
European shares rise ahead of key economic data due in the weekThe pan-European STOXX 600 index gained 0.7%, with miners and autos leading the gains, climbing 2.4% and 1.9%, respectively.The Internation...
Green pastures in global equity markets and why they matterThe common theme is that most of the markets doing well are those of resource-rich countries benefiting from the current commodity rally.
European shares slip as rate hike worries, rising infections weighThe pan-European STOXX 600 dropped 0.4 per cent, as of 0830 GMT, weighed down by real estate, tech and industrial stocks, while major globa...
SGX Nifty up 70 points; here's what changed for market while you were sleepingMSCI's broadest index of Asia-Pacific shares outside Japan was flat. Japan's Nikkei was closed for a holiday after closing at a 30-year hig...
Euro zone Sentix index falls unexpectedly in MarchThe Frankfurt-based Sentix research group's index, tracking morale among investors and analysts in the euro zone, inched down to 5.5 from 6...
- Mecklai Financial Report: October 7, 2014
Greenback on Friday marked a fresh 4 year high of 86.74 levels against its rivals on back of positive economic release. The index today has...
- Mecklai Financial Report: September 08, 2014
The local unit opened lower at 60.45 lower by almost 14 paisa against a close of 60.29 yesterday.
Sentix euro zone index slides in September despite ECB measuresSentix research group's index tracking morale among investors in the euro zone dropped to -9.8 in September, its weakest reading since July...
- July 10, 2014: Mecklai Financial report on Rupee
The local unit opened gap down at 59.81 after having closed at 59.74 levels last week as flows were ebbed due to closure of US market on Fr...
- July 8, 2014: Mecklai Financial report on Rupee
The local unit opened gap up at 59.94 after having closed at 60.01 levels yesterday. It was the single biggest fall in nearly three weeks a...
- July 7, 2014: Mecklai Financial report on Rupee
Asian Markets are trading mixed, possibly on account on a lack of cues from the US stock market which were closed for a holiday on Friday. ...
- June 10, 2014: Mecklai Financial report on Rupee
Greenback ended in green yesterday at 80.68 up by 0.29% against basket of major currencies as it continued to outperform due to strong econ...
- Euro zone demand pushes German industry orders higher
German industrial orders climbed in December as demand from the euro zone rebounded, underscoring improving conditions in the currency bloc...