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ISM services index for August 2021: Prior was 64.1 Employment 53.7 vs 53.8 prior New orders 63.2 vs 63.7 prior Prices paid 75.4 vs 82.3 prior Business activity 60.1 vs 67.0 prior Backlog of orders 61.3 vs 63.5 prior New export orders 60.6 vs 65.8 prior Imports 48.7 vs 51.6 prior Inventories 46.9 vs 49.2
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
New Delhi: Gold prices in the national capital on Thursday slipped by Rs 28 to Rs 46,193 per 10 grams amid rupee appreciation, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 46,221 per 10 grams. Silver gained Rs 279 to Rs 62,650 per kg, from Rs 62,371 per
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
New Zealand dollar was the only major currency rose against the US dollar in August, despite speculations over Fed’s tapering and renewed lockdown. We believe policymakers’ proactive reassurance of an October rate hike would likely make the RBNZ the first major central bank to begin rate hike after the most recent round of global monetary
US August ISM manufacturing data Prior was 59.5 Prices paid 79.3 vs 83.8 expected (prior was 85.7) Employment 49.0 vs 52.9 prior New orders 6637 vs 64.9 prior Full report That miss on employment might get some attention after today’s ADP report and ahead of non-farm payrolls. Manufacturing isn’t a big US employer but it’s
LONDON: The OPEC+ group of oil producers has made an upward revision to its 2022 oil demand forecast ahead of a meeting on Wednesday as the group faces pressure from the United States to raise output more quickly to help to support the global economy. Two OPEC+ sources said the group’s experts have revised its
Euro jumps notably today, as supported by highest inflation reading in a decade, and hawkish comments from an ECB official, as well as rise in German yields. Though, it’s slightly outshone by Kiwi, Aussie and Swiss Franc for now. On the other hand, Dollar’s selloff continues to pick up momentum and even dips against Yen.
National Commodity and Derivatives Exchange Limited (NCDEX) on Tuesday launched the futures contract on the index NCDEX SOYDEX for September and October expiries. Today’s launch is the second successive offering in the sectoral indices in agri-commodities basket, the first being the NCDEX GUAREX, which was launched on August 16 of this month. NCDEX SOYDEX is