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Latest data released by CBI – 21 January 2021 Prior -25 Trends selling prices 4 Prior 0 The drop in the headline reading suggests that UK manufacturers are expecting a sharp fall in output amid concerns on the virus situation as well as Brexit-related issues that may negatively impact supply of components and materials moving
Getting started with the new Biden administration As expected, Pres. Biden has signed a series of executive orders: revocation of Keystone XL oil pipeline permit document rejoining Paris climate cord and to travel ban on some majority-Muslim countries memo aimed at strengthening DACA program executive order requiring mask wearing and federal buildings and on federal lands end of emergency declaration used to
Gold gained for the third day on Wednesday rising Rs 347 to Rs 48,758 per 10 gram in the national capital in line with rally in global precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 48,411 per 10 gram. Silver also witnessed buying as it
Coriander prices on Wednesday rose Rs 34 to Rs 6,054 per quintal in futures trade as speculators widened their holdings tracking firm trend at the spot market. On the National Commodity and Derivatives Exchange, coriander for April delivery went up Rs 34, or 0.56 per cent, to Rs 6,054 per quintal with an open interest
Canadian Dollar is a main focus today with BoC rate decision featured. Recent strong risk-on markets haven’t given the Loonie much lift. It’s upside is somewhat capped as oil price turned into consolidation after last week’s spike. Also, traders turned cautious before BoC’s indication on the chance of a micro rate cut. Elsewhere, Dollar and
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
Yen and Dollar remain the worst performing ones for today with markets generally in risk-on mode. Investors are awaiting US Treasury nominee Janet Yellen’s Senate hearing for more information on the her stance on fiscal stimulus and Dollar exchange rate. Though, buying focuses turned from commodity currencies to Euro and Swiss Franc. Australian Dollar is
Crude oil prices rose by Rs 27 to Rs 3,840 per barrel on Tuesday as participants widened their positions on firm spot demand. On the Multi Commodity Exchange, crude oil for January delivery traded higher by Rs 27, or 0.71 per cent, at Rs 3,840 per barrel in 1,409 lots. Analysts said raising of bets
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
Oil prices fell on Monday as a stronger dollar, fears over soaring COVID-19 cases around the world and the slow pace of vaccination against the virus outweighed a better-than-expected quarterly rebound for China’s economy. Brent crude was down 16 cents, or 0.3%, at $54.94 per barrel at 1445 GMT, and West Texas Intermediate U.S. crude