Gold prices held recent gains on Wednesday as the dollar steadied before the conclusion of a Federal Reserve meeting, while copper prices were lifted by speculation over China potentially relaxing its strict zero-COVID policy Spot gold steadied around $1,648.23 an ounce, while gold futures rose 0.1% to $1,650.80 an ounce. Both instruments jumped from a […]
Tag: Markets
Oil fell on Monday as an unexpected contraction in China’s service sector fueled fears of slowing demand, although an OPEC supply cut and the prospect of more disruptions in Russia kept prices pinned near a one-month high London-traded Brent oil futures fell 0.7% to $97.73 a barrel, while U.S. West Texas Intermediate crude futures fell […]
Asian Stocks Up, Reassuring Fed Comments Calm Investor Nerves
By Administrator_India Capital Sands Asia Pacific stocks were mostly up Wednesday morning, with reassuring comments from U.S. Federal Reserve officials on inflation and monetary policy starting to calm investors’ frayed nerves. Japan’s Nikkei 225 edged up 0.16% by 10:11 PM ET (2:11 AM GMT), with the Bank of Japan released the minutes from its own monetary policy meeting earlier […]
Market Ahead Podcast, May 6: Top factors that could guide markets today
By Administrator_India Capital Sands Investors on Dalal Street seem to draw strength from a strong set of corporate numbers along with firm cues from global peers, indicating a firm start for the benchmark indices even as India reported a record jump in Covid cases. Some volatility cannot be ruled out in today’s session on account […]
Stocks to watch: Airtel, Srei Infrastructure, Ashok Leyland, Infosys
By Administrator_India Capital Sands Nifty futures on the Singapore Exchange traded 63 points lower at 14,882 around 8.40 am, indicating a negative start for the benchmark indices on Friday. Here are the top stocks to track in today’s session: Bharti Airtel: Department of Telecom (DoT) in an SC affidavit said it is planning to slap Videocon […]
Oil climbs on weaker dollar, outweighing OPEC+ supply worries
By Administrator_India Capital Sands Oil prices rose early on Tuesday as a drop in the US dollar made crude a more attractive buy, paring losses of more than 4 percent incurred overnight on the prospect of producers returning more than 2 million barrels per day of supply to the market by July. Brent crude futures […]