Oil was mixed in Asia on Wednesday morning, but the production dispute between Saudi Arabia and the United Arab Emirates (UAE) continued to hover above $ 73. The controversy has stymied efforts by the Organization of the Petroleum Exporting Countries (OPEC) to boost production as the fuel demand outlook is bright. Brent oil futures down…
Gold reached a three-week high in Asia on Wednesday morning during the previous session. The U.S. The weak dollar has encouraged the yellow metal as investors await minutes from the Federal Reserve’s recent policy meeting. During the previous session, gold futures rose 0.25% to $ 1,798.60 from June 17. The dollar, which normally moves against…
Markets saw a volatile day of trading as full opening half profits were taken in the last hour of trading. Bank Nifty surpassed Nifty% by 1% as a sharp rally was seen in major heavyweights like HDFC Bank and Kotak Bank. Tata Motors’ share price fell% by 9% as the media reported management’s negative comments,…
Oil prices rose on Monday, and no agreement has been reached to increase production after OPEC + countries halted talks on output levels. Brent was up 94 cents, or 1.2%, at 1652 GMT at $ 77.11 a barrel, trading at a 2-1 / 2 year high. The U.S. A barrel of oil increased by $…
Gold in Asia rose to a two-week high on Tuesday morning. A weaker dollar gave a boost to the yellow metal, and the US. Investors are waiting for the Federal Reserve to release minutes from its latest policy meeting. Gold futures rose 0.80% to $ 1,797.65 on Friday, June 18. The dollar, which normally moves…
Markets saw a positive day of trading as the board buying frenzy was seen in the wider markets. The Bank Nifty outperformed the Nifty by 0.4%, with both indices closing at an intraday high of 15 1.15% / 0.7%. Mid-cap stocks such as KRBL, Avanti Feeds, and Jyothy Labs saw a rally of 10% among…
Changes in duty structures made by both Indonesia and India this week should provide a boost to demand in Palmyra, and have arrived “at the right moment,” easing concerns about oversupply in the second half of the year, according to market participants. The Indonesian government has announced a reduction in the ceiling rate on its…
Gold rose in Asia on Monday morning, against the dollar. The latest U.S. employment report also calmed investors’ fears of an earlier-than-expected rise in interest rates. Gold futures rose 0.24% to $1,787.55. The dollar, which normally moves against gold, was on the downside on Monday. On the demand side, central banks, including Serbia, Thailand, and…
Oil fell in Asia on Monday morning, with investors in tenterhooks ahead of a meeting of a key organizer of the Petroleum Exporting Countries (OPEC) and allies (OPEC +). Brent oil futures were down 0.07% at $ 76.12 after falling to its first weekly decline of six in the previous week. WTI futures were also…
The SGX Nifty is at 15,841.00, up 93.80 points. Reliance’s last hour gains saw the index high for Friday’s session, but as the week was down, the Nifty was in a positive crisis after 3 days of losses. Banks were hurt as large-cap stocks such as HDFC, Axis Bank and Kotak Bank booked gains. As…
