Aussie Falters on Soft Jobs Data, kiwi Calm After Ardern Resignation
The Australian dollar reversed a recent rally on Thursday, as rising fears of a U.S. recession and soft local jobs data knocked the risk-sensitive currency, while the kiwi was little moved by the resignation of Prime Minister Jacinda Ardern. The Aussie eased 0.4% to...
Asia FX Rallies on China Reopening, Yuan at Over 4-Mth High
Most Asian currencies shot up on Monday, with the Chinese yuan hitting a four-month high after the country reopened its international borders, while hopes of a less hawkish rhetoric from the Federal Reserve also weighed on the dollar and supported regional units. The yuan...
Dow Futures Tick Higher After Indices Post Their Worst Week Since June
US. stock futures were trading slightly higher during Sunday’s evening deals, after major benchmark indices posted their greatest weekly losses in 3 months, with investors remaining cautious amid persistent inflation fears ahead of Federal Reserve’s two-day meeting and rate decision later this week.
By 19:10...
Asia FX Hunkers Down Ahead of Fed Meeting, Dollar Slips
Most Asian currencies moved little on Wednesday as caution kicked in ahead of a widely expected interest rate hike by the Federal Reserve, while the dollar fell amid hopes that the central bank will espouse a less hawkish outlook. The Japanese yen bucked the...
The abandoned airport terminal where everything still works
The first thing you notice about New Orleans are the burying grounds -- the cemeteries -- one of the best things there are here" wrote Bob Dylan in his 2004 book "Chronicles: Volume One.""Going by, you try to be as quiet as possible, better...
Taiwan Central b=Bank Likely to Announce Another mild Rate Hike: Reuters Poll
Taiwan's central bank is expected to raise its policy rate again this week at the same mild pace as before, according to economists polled by Reuters, but as exports and inflation slow it may hold that rate steady next year to support the economy....
Stocks to Watch: Data Patterns, Tega, LTFH, GMR Infr, Allcargo, Ajanta Phar
By Administrator_IndiaCapital Sands
The key benchmark indices seem poised for yet another positive start backed by encouraging global cues, as fears of Omicron led economic recovery receded. This morning as of 07:55 AM, the SGX Nifty futures were quoted at 17,212 as against NSE Nifty...
Nifty opens Above 18,200, Sensex Gains 800 Pts; Zomato, Bata, Ashok Leyland in Focus
The Sensex was up 827.54 points or 1.37% at 61441.24, and the Nifty was up 241.00 points or 1.34% at 18269.20. About 1686 shares have advanced, 364 shares declined, and 68 shares are unchanged. Offer price of Rs 170 a share too low for...
Dollar Retreats After Overnight Gains, Ahead of Economic Data Dump
The U.S. dollar slipped lower in early European trade Friday, handing back some of the previous session’s gains as traders attempt to gauge the Federal Reserve’s likely tightening path in the new year. At 02:55 ET (07:55 GMT), the Dollar Index, which tracks the...
Flavour Maker Givaudan Beats Earnings Forecasts in a Tough Year
Swiss fragrance and flavour maker Givaudan on Wednesday reported better-than-expected earnings for a year characterized by high input costs and supply chain disruptions. The group, which so far has successfully passed steep input cost increases on to customers, however saw a slowdown in sales...