Market
November 24, 2022
188 views 4 mins 0

Dollar Down as Fed Minutes, U.S. Data Weighs

The U.S. dollar fell across the board on Wednesday, after minutes from the Federal Reserve’s November meeting showed that most policymakers at the central bank agreed it would soon be appropriate to slow the pace of interest rate hikes. The readout of the Nov. 1-2 meeting, at which the Fed raised its key rate by […]

Market
November 23, 2022
197 views 2 mins 0

Gold steady, Copper Rises Amid Smaller Rate Hike Expectations

Gold prices steadied on Wednesday, while copper extended strong gains as risk-driven assets rallied on expectations that the Federal Reserve will hike interest rates at a slower pace in the near-term, which also trimmed dollar gains. A growing number of Fed officials said in recent weeks that the central bank is likely to raise interest […]

Market
November 19, 2022
197 views 6 mins 0

How The 2022 Dubai Expo Will Enhance Opportunities

Expo 2022 Is A Hub of Experiences That Offers Something to Excite Everyone. Whether You Want to Unleash Your Inner Technologist, Step into The World of Diverse Tastes, Fuel Your Creativity, Or Seek Business Opportunities, Dubai Expo Is the Best Answer for All. It Is a Unique World of Novel Experiences Offering Over 60 Daily […]

Market, Stock Market
November 12, 2022
202 views 6 mins 0

At least $1 billion of client funds missing at failed crypto firm FTX : Report

At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter. The exchange’s founder Sam Bankman-Fried secretly transferred $10 billion of customer funds from FTX to Bankman-Fried’s trading company Alameda Research, the people told Reuters. A large portion of that total has since disappeared, […]

Market, Stock Market
November 10, 2022
193 views 8 mins 0

Lock-in Ends But Nykaa Sees no Selling Pressure, Thanks to Bonus Issue Masterstroke By Falguni Nayar

Despite pre-IPO shareholders’ lock-in period coming to an end, Nykaa is seeing no selling pressure in trade today (November 10), on account of the bonus issue announced by the cosmetics-to-fashion retailer. This is a masterstroke by investment banker-turned-entrepreneur Falguni Nayar to stem a potential fire sale as the lock-in shares get released into the market […]

Market, OIL
November 03, 2022
208 views 3 mins 0

Oil Falls on Weak Chinese Data, Hawkish Fed Also Weighs

Oil prices retreated from a three-week high on Thursday after weak economic data from China pointed to more trouble in the world’s largest crude importer, while the outlook for demand was also dimmed by the prospect of higher U.S. interest rates A private survey showed that China’s massive services sector shrank for a second straight […]

Gold Price, Market, Stock Market
November 02, 2022
197 views 3 mins 0

Gold Buoyant Before The Fed, Copper Rallies on China COVID Hopes

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 […]