Oil slips as economic jitters offset U.S. debt dealOil prices dipped due to economic worries, despite a debt ceiling deal being reached in the US that averted an economic default and helped ...
29 May, 2023, 07.19 PM IST
London FTSE 100 index breaks through 8,000 pointsThe benchmark index rallied to an all-time pinnacle at 8,003.65 points, helped by the weak pound which boosts the share prices of multinati...
15 Feb, 2023, 09.53 PM IST
Dovish Fed cues propel gold to 9-month peakInvestor attention is now on European Central Bank (ECB) and Bank of England (BOE) interest rate decisions later in the day, with expectati...
02 Feb, 2023, 03.36 PM IST
Oil falls as outlook for China, global economy weigh"Brent and WTI have recovered almost 15% from the lows a few weeks ago as traders continue to price in stronger Chinese demand," Craig Erla...
03 Jan, 2023, 08.51 PM IST
European equities slump at openThe region extended Tuesday's losses, with London's benchmark FTSE 100 index tumbling 1.6 percent to 6,870.45 points.In the eurozone, Frank...
28 Sep, 2022, 01.12 PM IST
Oil rallies ahead of OPEC+ meetingThe Organization of the Petroleum Exporting Countries (OPEC and allies, together known as OPEC+, are due to meet on Sept. 5 against a backd...
02 Sep, 2022, 03.05 PM IST
Sudden crypto drop sends bitcoin to three-week lowEther also dropped around the same time and was last down 8.8% at $1,685.
19 Aug, 2022, 06.40 PM IST
After 50 bps hike, ECB has to lay groundwork for further rate hikes: Craig Erlam“A recession is highly likely in the Euro zone at this point and the European Central Bank has to raise interest rates regardless. One has ...
22 Jul, 2022, 11.06 AM IST
Oil ban unlikely to affect OPEC+ decisionWith Russia being one of the two most important members of the alliance (alongside Saudi Arabia), any decision on increasing output has bec...
01 Jun, 2022, 07.53 AM IST
Gold slips on firmer dollar, heads for worst week since NovemberGold has shed about 2.7% so far this week with investors initially pricing in possibilities of aggressive interest rate hikes by the U.S. F...
18 Mar, 2022, 05.04 PM IST
Oil falls after increases in US crude, fuel stockpilesOil prices fell on Wednesday after industry data showed crude oil stockpiles rose more than expected and fuel inventories unexpectedly incr...
27 Oct, 2021, 07.38 AM IST
Bitcoin declines in the wake of Tesla-inspired euphoriaThe world’s largest cryptocurrency fell as much as 7.5% Wednesday to $43,764 after surging past $48,000 earlier this week. Alt coins includ...
10 Feb, 2021, 10.15 PM IST
Gold near eight-week high as Covid angst fires up haven demandGold’s climb builds on the precious metal’s biggest annual gain in a decade, as virus angst clouds the outlook for the recovery.
05 Jan, 2021, 01.22 PM IST
Gold dips as AstraZeneca adds to vaccine optimismSpot gold had fallen 0.4% to $1,863.21 per ounce by 1328 GMT and U.S. gold futures were 0.6% lower at $1,861.40. Britain's AstraZeneca said...
23 Nov, 2020, 08.44 PM IST
Expect lot more nationalist rhetoric from Trump going into polls: Craig Erlam‘Grab all the information that you have and try to make sense of what the economy is looking like’
09 Jul, 2020, 12.15 PM IST
Unprecedented stimulus flowing through will keep markets inflated: Craig Erlam‘At this moment of time, the charts are looking a little bit vulnerable’
01 Jul, 2020, 01.25 PM IST
Recovery path will be long; but assets will gain big: Craig Erlam‘Economies are still not prepared for a significant second wave’
20 May, 2020, 11.03 AM IST