Gold touched a new lifetime high on Wednesday, October 8, crossing the $4,000 per ounce mark in global trade for the first time. The rally came on the back of rising uncertainty in world markets and growing bets that the US Federal Reserve could begin cutting interest rates before the end of the year. In…
SYDNEY: Share markets got off to a cautious start in Asia on Monday as investors braced for a possible shutdown of the U.S. government, which would in turn delay publication of the September payrolls report and a raft of other key data. President Donald Trump will meet with the top Democratic and Republican leaders in…
Asian shares edged higher at the open, led by Japan, after the central bank eased concerns over plans to offload its massive exchange-traded fund holdings. The Nikkei-225 Index jumped 1.3% as trading kicked off in a new week, bouncing back after the Bank of Japan’s comments on ETF sales spooked the markets Friday. Shares in…
SYDNEY: Stocks got off to a quiet start in Asia on Monday ahead of an action-packed week that is seemingly certain to see the U.S. Federal Reserve resume its easing cycle, and perhaps leave the door wide open to a series of cuts. The Bank of Canada is also expected to cut rates by a…
Stock Market Opening Bell:Â Indian stock markets opened higher today, supported by strong buying in key stocks including JSW Steel, Tata Steel, Tata Motors, M&M, Wipro, Adani Enterprises, and Eicher Motors. The benchmark BSE Sensex was trading at 80,926, up 216 points or 0.27 per cent, while the Nifty 50 index stood at 24,802, rising 61…
Foreign Institutional Investors (FIIs) continued their selling spree in August, offloading equities worth Rs 25,564 crore through the exchanges up to August 23. This took the total equity selling by FIIs this year up to that date to Rs 1,57,440 crore, according to market data. FIIs have not only been sellers in equities but have…