Gold slips before US payrolls data, set for second weekly lossGold prices are poised for their second consecutive weekly decline, driven by the strengthening US dollar and escalating Treasury yields. I...
BRICS isn’t killing the dollar. The world is learning to live without itBRICS aims to decrease reliance on the US dollar by facilitating trade in national currencies among member countries. This trend is evident...
Rupee sinks to two-month low amid FPI selling and rising US yieldsOn Thursday, the Indian rupee declined to a two-month low against the US dollar due to foreign portfolio outflows. Overseas investors sold ...
10-year US Treasury yield hits highest level since 2002The US 10-year Treasury yield hit its highest level in 24 years on Thursday, as a brutal bonds selloff gathered pace.
Dollar gets lift from higher yieldsThe dollar is holding steady near a two-month peak, thanks to climbing US Treasury yields amidst global inflation fears. Although US inflat...
US dollar retreats after softer-than-expected inflation dataThe dollar faced a downturn against key currencies following unexpected inflation results from the US. The US Commerce Department reported ...
TCS, Wipro, other IT stocks rebound up to 6%, snapping 8-day losing streak. Why is Jefferies cautious?IT stocks rebounded on Wednesday, with TCS, Wipro and Coforge snapping an eight-session losing streak. The Nifty IT index rose nearly 3%, a...
Explained: How the US controls Iraq's oil revenuesUS troops are set to leave their last bases in Iraq, but Washington will retain significant economic leverage through Iraq’s oil revenues, ...
Global Market: Yuan heads for seventh straight quarterly gains as exporters boost dollar salesChina’s yuan strengthened against the dollar, heading for its seventh straight quarterly gain, supported by exporter dollar selling, strong...
Iran Rial hits record lowIran's currency, the rial, has fallen to over 2.5 million rials against the US dollar recently. This decline reflects the negative impact o...
Iran's currency hits new record low, as war erodes Iran's economic stabilityIran's currency, the rial, fell to a record low, exceeding 2.5 million rials for one US dollar. This decline occurred just weeks after the ...
Gold, silver slide as buyers wait for prices to stabiliseGold and silver prices fell sharply on Monday, leading potential buyers to postpone purchases for upcoming festivals. Silver futures droppe...
Gold tumbles 4% to seven-week low as oil, dollar and yields climbGold fell sharply as rising oil prices heightened inflation concerns and strengthened expectations for tighter monetary policy. A firmer do...
Fed rate hikes: What happens to gold prices when US interest rates rise?Cutting through money jargon, one topic at a time. This week Abhinav Kaul explains why US interest-rate hikes can affect gold prices, and w...
Dollar firms as US-Iran tensions lift oil, hawkish Fed bets buildThe dollar showed strength as investors anticipated inflation data and central bank decisions this week. Oil prices increased due to ongoin...
Rupee recovers as large public sector banks sell US dollarsThe Indian rupee appreciated by 15 paise, closing at 95.81 against the US dollar on Friday. This recovery was supported by actions from the...
Global Market: Chinese yuan dips as dollar gains on Fed hike bets; Trump-Xi talks eyedChina’s yuan weakened against the US dollar as expectations of a near-term Federal Reserve rate hike lifted the greenback, while investors ...