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...
Paramount rolls out $44 billion bond sale to fund Warner Bros. takeoverParamount Skydance Corp. has initiated the sale of over $44 billion in bonds to fund its acquisition of Warner Bros. Discovery Inc. Followi...
Rupee slips toward 96 vs US dollar as crude, yields and stocks weigh on currencyThe rupee weakened 0.2% to 95.9825 against the dollar, pressured by surging crude oil prices, US bond yields and a sharp equity sell-off. R...
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...
D-St set for a negative opening as GIFT Nifty signals weak startIndian stock markets are currently witnessing a correction influenced by global geopolitical tensions and excessive valuations. Foreign inv...
Rupee likely to trade in Rs 94.5-96 range in near term as dollar inflows fail to lift currency: ReportThe rupee is expected to fluctuate between Rs 94.5 and Rs 96 against the US dollar in the short term. Despite significant dollar inflows vi...
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...
D-St set for a cautious opening as GIFT Nifty signals muted startBenchmark Nifty declined by 1.6% due to rising global uncertainties and elevated crude prices. Analysts predict weakness in Indian equities...
Dollar set for weekly gains as yields surge, Fed bets buildThe dollar has achieved consecutive weekly gains for the first time in over three months, bolstered by rising Treasury yields. Anticipation...
Gold heads for weekly decline as dollar firms, Fed rate outlook weighsOn Friday, gold prices experienced a drop, marking a downward trend for the week due to a robust dollar and ongoing forecasts of elevated i...
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 ...
Dollar holds near 2-month high as markets weigh rate hikes, Iran diplomacyThe dollar stands firm near a two-month high, driven by projections of interest rate hikes. In contrast, oil prices are retreating as optim...
Government also worried about rupee depreciation, says Piyush GoyalPiyush Goyal stated the Indian government understands investor worries over rupee depreciation. He also confirmed that the government share...
Global Market: Yuan climbs to strongest level since 2023 as Xi-Trump talks loomChina’s yuan climbed to a 3-1/2-year high against the dollar after the central bank set a stronger daily fixing for the 10th straight sessi...
Rupee rises 13 paise to 95.65 against US dollar in early tradeThe rupee appreciated by thirteen paise against the US dollar during early trading, driven by lower crude oil prices and optimism in the lo...
Dollar advances vs yen as BOJ dissent clouds rate-hike outlookFollowing the Bank of Japan's decision to increase interest rates, the dollar saw a rise against the yen. Some policymakers expressed skept...