Gold rose in Asia on Friday morning. However, U.S. investors continue to digest the Federal Reserve’s surprisingly bad policy decision, the yellow metal is set to close at its lowest level since March 2020. Gold futures rose 0.60% to $ 1,785.45. The dollar fell on Friday after hitting a two-month high but went into its…
The Nifty is down below 15,600 Benchmark indices traded in red on Friday afternoon, which saw significant selling pressure. After opening a firm note among mixed global references, the market destroyed all of its initial gains, being pulled by metals, energy, and oil and gas stocks. The indices were able to erase some of their…
Weather Forecasts Weight forecast for Chicago corn futures fell more than 1% on Thursday in some parts of the USA and soybeans fell to a two-month low. Wheat rose for the second session in a row. “Weather forecasters are constantly looking for rain and cold temperatures this weekend, while dry and hot weather prevails in…
In 2023, the U.S. Asian stocks extended losses for the week as investors digested feedback from the Federal Reserve’s plan rate hike. Treasury yields were high and the Green Pack was nearing a two-month high on Friday. While the central bank press release did not show a clear end to pro-policy measures such as bond…
The SGX Nifty is at 15,768.50, up 87.55 points. Foreign broad investors turned sell-offs as US weak global markets and strong Nifty closed on the 2nd day. Metals, banks, and industrial stocks saw selling pressure, while IT & FMCG gained. The fall in bond yields today is well suited for banks that can be seen…
Markets saw a negative trading day. Bank Nifty cut the Nifty index by 8 0.8% and both indices were down ~ 1.4% / 0.6%. Shares of Adani End, Adani Ports, SBI, and ICICI Bank added short-term gains, while Adani Group shares and financial stocks were the best performers. The Nifty Midcap 100 index closed 1.3%…
After the US Federal Reserve identified that it may raise interest rates faster than expected, the U.S. Crude oil prices fell on Thursday as the dollar strengthened, but losses 8849 | U.S. crude oil cargo. After reaching a high from April 2019 in the previous session, Brent crude oil futures fell 42 cents, or 0.6%,…
Gold fell in Asia on Thursday morning, but the yellow metal recovered cautiously after recording its biggest fall in five months during the previous session. The U.S. Investors continue to digest the latest policy decision of the Federal Reserve, which indicates that interest rates may rise sooner than expected. Gold futures were down 2.07% at…
Continuous contracting of lead significant fluctuations are seen in the Multi Commodity Exchange (MCX) beginning of 2021. It rallied until the final week in February, it peaked at ₹181.3. However, the deal began with making a Stern head south. It went back after receiving the support of ₹158 in mid-March. Again ₹181 acted as a…
Zinc prices in the global market are expected to remain stable over, $2,750 per ton. The rest of this year decreasing surplus, supply disorders including smelting, Chinese demand, and redemption in the world Economy. Zinc prices hit a three-year high of $ 3,085 per tonne last month but slipped after that. Currently, zinc three-month contracts…
