The latest US labour market report has delivered numbers that appear to pull in opposite directions, with unemployment rising even as job additions surpassed expectations. Speaking to ET Now, Marc Chandler from Bannockburn Capital Markets said the contradictions in the data are real. “I agree with you. The data is conflicting. But here is what…
Indian gold prices have bounced back sharply in recent days, tracking gains in global bullion markets amid rising optimism over a potential resolution to the US government shutdown. In just 10 days, domestic gold prices have surged nearly 7% or by Rs 8,200 from their recent low of Rs 1,17,628 per 10 grams (recorded on…
As global investors brace for the upcoming Federal Reserve decision, markets are largely pricing in a 25 basis point rate cut — a move that is widely anticipated. Speaking to ET Now, Arvind Sanger from Geosphere Capital outlined what investors should really watch out for: the tone of the commentary and the implications for liquidity…
The dollar was weaker on Tuesday ahead of a slate of central bank meetings that will likely see a rate cut in the U.S. and as investors kept a wary eye on President Donald Trump’s Asia tour, hoping for a trade deal with China. While early signs of easing trade tensions between the world’s top…
The Indian rupee strengthened on Monday, tracking a rise in the offshore Chinese yuan and comforted by falling crude oil prices, even as dollar demand from importers and a large foreign bank ate into some of the currency’s intraday gains. The rupee closed at 84.25 against the U.S. dollar, up 0.4% on the day. The…