Category: news

amid U.S. political concerns might hitting dollar hard

The dollar remained under pressure Tuesday amid concerns about the Trump administration as the FOMC meeting starts. The dollar index was off 0.16% at 93.67 at 02:30 ET, off a high of 93.91. The Trump administration remains mired in the probe into alleged Russian meddling in the U.S. 2016 presidential race. Trump’s son-in-law Jared Kushner […]

yen advanced 0.2 percent to 110.89 per dollar

The dollar resumed declines and Asian equities were mixed as investors sifted through earnings ahead of the U.S. Federal Reserve’s policy decision. Oil extended gains. The Bloomberg Dollar Spot Index approached the lowest level since May 2016 as the euro and yen strengthened. The MSCI Asia Pacific Index fluctuated near a 10-year high as stocks […]

British pound news-climbed to $1.3032 from $1.3007

Asian share benchmarks sagged Tuesday as investors awaited a slew of corporate earnings reports. A meeting of the Federal Reserve and caution over potential twists and turns in U.S. politics kept most indexes trading within a narrow range. KEEPING SCORE: Japan’s Nikkei 225 index slipped 0.1 percent to 19,955.20 and Hong Kong’s Hang Seng fell […]

German Import Price Index effect on euro

Destatis is scheduled to issue Germany’s import price data for June in the pre-European session at 2:00 am ET. Economists forecast import prices to rise 2.9 percent annually in June after increasing 4.1 percent in May. Ahead of the data, the euro showed mixed trading against its major rivals. While the euro rose against the […]

European bourses opened slightly higher on Tuesday

investors monitored earnings and awaited the start of a two-day policy meeting of the Federal Reserve.European bourses opened slightly higher on Tuesday as investors monitored earnings and awaited the start of a two-day policy meeting of the Federal Reserve. The pan-European Stoxx 600 edged up 0.14 percent with most sectors and major bourses in positive […]

Asia news-most markets edge up

The dollar suffered fresh losses yesterday, while Asian markets mostly rose as investors await a Federal Reserve policy meeting and the release of big-name earnings results. But uncertainty surrounding Donald Trump’s presidency continues to drag on sentiment, with Wall Street’s three main indexes ending last week on a negative note. The single currency extended last […]

nickel news-rise in prices to increased demand from alloy-makers

Nickel prices inched up by Rs 2 per kg at the non-ferrous metal market today on uptick in demand from consuming industries. Traders attributed the rise in nickel prices to increased demand from alloy-makers at the domestic spot market. In the national capital, nickel plate (4×4) were trading up by Rs 2 to Rs 792-802 […]

London copper trading near highest since March

London copper was marking time near its highest since early March on Monday ahead of the release of a spate of global manufacturing reports, underpinned by extended weakness in the dollar and prospects of tighter mine supply. Supply side concerns and a weaker dollar have driven base metal prices higher, ANZ said in a report. […]

natural gas news-India’s total production for the month was 2755.48 MMSCM

India’s total natural gas production for the month was 2755.48 million metric standard cubic meters (MMSCM), 6.05 per cent higher compared to June last year, despite of falling 2.75 per cent behind the month’s target. Cumulative natural gas production during the April-June period rose 4.04 per cent to 8,057.72 mmscm year-on-year. ONGC reported a 12.92 […]

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