Latest Updates Around The World
Indian government bonds rose sharply on Thursday as bond purchases by the Reserve Bank of India, along with a rally in US government bonds following a Federal Reserve rate cut, boosted demand.The benchmark 10-year interest rate was 6.6122%. It ended Wednesday at 6.6649%, the highest closing level for the 10-year note so far this fiscal […]
New Delhi: Silver prices saw the sharpest one-day rise in almost two months, shooting up by ₹11,500 to hit a fresh peak of ₹1,92,000 per kilogram in the national capital on Wednesday amid robust domestic demand fueled by global cues. According to the All India Sarafa Association, the white metal closed at ₹1,80,500 per kilogram […]
The U.S. Federal Reserve is expected to cut interest rates on Wednesday as policymakers grapple with gaps in economic data from the recent government shutdown and navigate competing views on the risks facing the economy. The expected quarter-of-a-percentage-point cut could be accompanied by a noncommittal or even aggressive approach to next year’s interest rate path, […]
Gold prices in India remained steady on Thursday, hovering just above Rs 1.30 lakh, as traders cautiously positioned themselves ahead of next week’s US Federal Reserve policy meeting, where markets now largely expect a rate cut. On the MCX, gold futures opened at Rs 1,30,799 per 10 gram for 24 carat purity, from Rs 1,30,462 […]
Gold prices in Delhi remained unchanged at Rs 1,30,770 per 10 gram for 24-carat purity on Wednesday, remaining steady even as global markets turned cautious ahead of key US economic data. 22-carat gold prices also remained stable at Rs 1,19,890 per 10 grams. In the retail market, 24-carat gold was worth Rs 13,099.06 per gram, […]
German government bond yields fell slightly in early trading on Monday, but were still close to the smallest discount to government bond yields in a month, after a top Federal Reserve official indicated a rate cut may be planned in December, boosting US government bond prices late last week. New York Fed President John Williams […]
The MSCI global stock index lost ground on Friday and Wall Street had a subdued end to the week, while US Treasury yields rose after hawkish Federal Reserve officials abandoned hopes of a December rate cut. After opening lower, the S&P 500 pared most of its losses with some help from bargain hunters after major […]
Treasuries rose across the curve as cash trading resumed after private sector data showed the U.S. job market cooling, raising expectations of a Federal Reserve rate cut.The 10-year yield fell four basis points to 4.08% after employment data from ADP Research showed U.S. companies shed an average of 11,250 jobs per week in the four […]
U.S. stocks fell sharply on Wednesday after Federal Reserve Chairman Jerome Powell said a rate cut in December was not a foregone conclusion. “A rate cut in December is not a foregone conclusion. On the contrary,” Powell said at a news conference shortly after the Fed announced a 25 basis point rate cut as a […]
