Feb 21, 2017 at 11:53 | Source: Moneycontrol.com
According to Achiievers Equities,Silver traded in range after a further signal that a rate hike in March is a solid possibility in otherwise light trade with U.S. markets shut for a holiday.
Feb 21, 2017 at 11:52 | Source: Moneycontrol.com
According to Achiievers Equities,Gold prices held steady with investors looking ahead to a clutch of speeches from Fed officials later in the week for clues on the timing of possible interest rate hikes.
Feb 21, 2017 at 08:58 | Source: Reuters
US West Texas Intermediate crude was up 31 cents, or 0.6 percent, at USd 53.71 a barrel at 0218 GMT, after rising about 0.5 percent in a shortened session on Monday due to a US national holiday.
Feb 21, 2017 at 08:19 | Source: Reuters
Market activity is likely to be largely subdued until guidance on the pace of interest rate hikes from a raft of Federal Reserve speakers.
Feb 20, 2017 at 10:22 | Source: Reuters
Spot gold had edged down 0.1 percent to USD 1,234.28 per ounce by 0319 GMT, while US gold futures fell 0.3 percent to USD 1,235.2.
Feb 20, 2017 at 09:51 | Source: Reuters
Brent futures were down 5 cents at USD 55.75 a barrel at 0245 GMT, while US West Texas Intermediate crude was unchanged at USD 53.40. Both contracts earlier rose slightly in quiet trading.
Feb 20, 2017 at 09:44 | Source: Reuters
Cleveland Fed President Loretta Mester, at a forum in Singapore, did not comment specifically on interest rates. However she has dissented in the past in favor of quicker rate hikes and on Monday urged the Fed to focus on returning to a more normal policy footing, including trimming its USD4.5-trillion bond portfolio.
Feb 19, 2017 at 12:26 | Source: PTI
Natural gas price in India is likely to be hiked by 8 per cent from April 1 driven by anincrease in rates in reference markets including US Henry Hub.
Feb 16, 2017 at 09:05 | Source: Reuters
The Organization of the Petroleum Exporting Countries (OPEC) and other producers including Russia have agreed to cut output by almost 1.8 million barrels per day (bpd) during the first half of 2017, and estimates suggest compliance by OPEC is around 90 percent.
Feb 16, 2017 at 08:28 | Source: Reuters
Boston Fed President Eric Rosengren, a long-time dove who last year switched tack and began pushing for tighter monetary policy, said he expects the US central bank to raise rates "at least as quickly" as the median Fed forecast from December.