Gold and silver prices slipped in both domestic and international markets on Wednesday as investors turned cautious ahead of US Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole symposium and the release of Fed meeting minutes. On the Multi Commodity Exchange (MCX), gold October futures fell Rs 12 or 0.01 per cent to Rs 99,325…
Asian stocks struggled for direction at the open after weakening US services data fueled uncertainty about the Federal Reserve’s policy path. The Nikkei-225 index was flat while shares in South Korea declined and those in Australia rose. The broader MSCI Asia Pacific Index rose 0.2%. A gauge of the dollar edged lower while Treasuries steadied…
Asian shares were off to a tepid start at the open Tuesday after a rebound in big tech drove US stocks higher. A regional stock index swung between small gains and losses while equity-index futures for the US dipped 0.2%. Bonds were steady in early Asian trading and the dollar was little changed after hitting…