Jun 22, 2021 08:30 AM IST
The early momentum in the region was supported by a rally on Wall Street, with the Dow registering its strongest session in more than three months.
- Jun 19, 2021 07:28 AM IST
After starting the week near record highs, U.S. stocks have steadily dropped since Fed officials projected Wednesday that interest rates may rise sooner than previously expected.
- Jun 18, 2021 09:38 PM IST
In the reporting week ended June 11, the rise in reserves was on account of an increase in foreign currency assets (FCA), a major component of the overall reserves, the RBI's weekly data showed.
- Jun 18, 2021 08:58 AM IST
A sustained rise in the dollar can lead to the unwinding of carry trades with the reversal of foreign portfolio flows from emerging markets - both in fixed income and equity back - to developed markets
- Jun 17, 2021 08:15 PM IST
Markets moved quickly to price in the risk of earlier action and Fed fund futures shifted to imply a first hike by the end of 2022.
- Jun 16, 2021 10:58 PM IST
During the month, while the RBI bought $8.182 billion from the spot market, it sold $3.97 billion, the monthly RBI bulletin for June 2021, released on Wednesday, showed.
- Jun 11, 2021 01:08 AM IST
While emerging market currencies such as the Turkish lira showed more pronounced reactions, dollar traders were already cautiously looking ahead to the U.S. Federal Open market Committee (FOMC) policy meeting scheduled for next week.
- Jun 08, 2021 11:04 PM IST
On June 8, Bitcoin's value declined by 10.05 percent at $32,095.61 in past 24-hour trading. With this, its market value stood at $600.57 at 10.40 pm (IST), according to coindesk.com.
- Jun 08, 2021 07:42 AM IST
Spot gold was steady at $1,899.94 per ounce, as of 0053 GMT.
- Jun 07, 2021 08:54 AM IST
Spot gold was down 0.2% at $1,886.76 per ounce as of 0308 GMT, after rising more than 1% in the previous session, as U.S. May non-farm payrolls fell short of expectations.
- Jun 03, 2021 08:53 PM IST
Russia long has moved to reduce the dollar's share in its hard currency reserves as it has faced waves of U.S. sanctions amid tensions with Washington and its allies.
- Jun 01, 2021 09:03 AM IST
Spot gold was up 0.2% at $1,911.45 per ounce by 0255 GMT, after hitting its highest since Jan. 8 at $1,914.26 earlier in the session.
- May 28, 2021 07:42 PM IST
The previous all-time high for the forex kitty was $590.185 billion for the week ended January 29, 2021.
- May 28, 2021 07:32 AM IST
Spot gold was mostly unchanged at $1,896.71 per ounce by 0054 GMT. Bullion has risen 0.8% so far this week and was on track for its fourth straight weekly gain.
- May 27, 2021 07:37 AM IST
Spot gold fell 0.2% to $1,892.42 per ounce by 0100 GMT, after hitting its highest since Jan.8 at $1,912.50 on Wednesday.
- May 27, 2021 07:33 AM IST
MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.5% at 691.76, still not too far from Wednesday's high of 696.76, a level last seen on May 10.
- May 26, 2021 09:52 AM IST
Spot gold rose 0.4% to $1,906.99 per ounce by 0032 GMT, its highest level since Jan.8. U.S. gold futures gained 0.5% to $1,906.60 per ounce.
- May 25, 2021 07:27 AM IST
Spot gold was down 0.2% at $1,877.26 per ounce by 0106 GMT.
- May 24, 2021 09:23 AM IST
Spot gold was up 0.2% at $1,883.21 per ounce by 0301 GMT. Last week, gold prices hit their highest level since Jan. 8 at $1,889.75.
- May 20, 2021 08:49 AM IST
Spot gold was flat at $1,869.50 per ounce by 0500 GMT, after hitting its highest since Jan. 8 at $1,889.75 on Wednesday.
- May 19, 2021 07:40 AM IST
The Nasdaq also reversed course to end the day lower, while the Dow and S&P 500 added to declines late in the session. The S&P 500 technology index was the biggest drag on the benchmark S&P 500.
- May 18, 2021 08:28 AM IST
MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.13% after a mixed session on Monday. Japan's Nikkei rose as much as 2.2%, while Hong Kong's stocks opened up 0.87%. China's blue-chip CSI300 index was slightly lower.
- May 12, 2021 07:30 AM IST
Spot gold was down 0.2% at $1,832.73 per ounce by 0109 GMT.
- May 07, 2021 08:56 AM IST
Spot gold was steady at $1,815.88 per ounce by 0246 GMT, after hitting its highest since Feb. 16 at $1,817.90 in the previous session. Bullion up more than 2.5% so far this week.
- Apr 26, 2021 09:46 AM IST
Spot gold was up 0.3% at $1,781.97 per ounce by 0343 GMT. U.S. gold futures rose 0.2% to $$1,781.90 per ounce.