AUD/USD perks up and takes on fresh corrective highs
AUD/USD is on the rise in Tokyo, rising from the 0.6660s to a new high of 0.6691. Before the Federal…
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Global markets: SGX Nifty to First Republic Bank — key triggers that may drive stock market today
Global market update: The US and European stock markets both went up on Thursday, after the European Central Bank raised…
USD Index keeps the bearish tone around 104.50 post-data
As of Thursday, when measured by the USD Index (DXY), the greenback is still around 104.50. This is because there…
USD/CHF recovers a part of heavy intraday losses, keeps the red below 0.9300
The USD/CHF pair is still down about 0.45% for the day, but it has gained more than 50 pips since…
ECB sticks to planned 50 bps rate hike despite banking turmoil
The European Central Bank (ECB) did what it said it would do on Thursday and raised interest rates by 50…
Malaysia’s Petronas offers ₹3,800 crore for stake in NTPC’s green arm, says report
Three sources told Reuters that Malaysia’s Petronas has made an offer of 38 billion rupees ($460 million) to buy a…
Markets halt 5-day losing streak after Credit Suisse lifeline lifts mood; Metals underperform, Tata Steel top loser
After falling for 5 days in a row, Indian markets made up some of their losses on Thursday, despite mixed…
US: Weekly Initial Jobless Claims decline to 192K vs. 205K expected
According to the US Department of Labor’s (DOL) publication of weekly data on Thursday, there were 192,000 new claims for…
More sustained USD losses may develop Fed expectations to go soft on rates next week – Scotiabank
US dollars are fluctuating. According to economists at Scotiabank, if markets anticipate the Fed to loosen policy next week, the…
Reliance Industries shares: Why JPMorgan has ‘overweight’ stance even as stock at 52-week low
Reliance Industries Ltd. (RIL) is still viewed as a relative outperformer in CY23 by global brokerage JPMorgan, despite the possibility…