Gold prices today: Yellow metal opens above Rs 71,000/10 grams; silver at Rs 80,933/kg
Gold prices were slightly down in recent trading, and market participants are now looking forward to more inflation data expected to come out soon.
US Stock Reports, Quotes and News
Gold prices were slightly down in recent trading, and market participants are now looking forward to more inflation data expected to come out soon.
Investing.com– Most Asian stocks moved in a flat-to-low range on Tuesday as investors remained on edge ahead of earnings from some of the world’s biggest companies this week, while more cues on U.S. interest rates were also in focus.
By Tommy Wilkes, Tom Sims and Jesús Aguado
Varma also expressed \”great concern\” over a projected slowdown in India\’s growth this year, adding that the latest flare-up in the Middle East had not changed his argument for a rate cut.
Investing.com– Most Asian stocks fell sharply on Friday after reports of Israeli strikes on Iran further ramped up concerns over worsening geopolitical conditions in the Middle East, while persistent warnings on U.S. interest rates also battered sentiment.
(Reuters) – Wall Street\’s \”fear gauge\” hit its highest in more than five months on Friday due to a sharp pullback in interest U.S. rate cut expectations and escalating geopolitical tensions.
CHICAGO (Reuters) – Alaska Air (NYSE:ALK) Group is not concerned about the production rate of Boeing (NYSE:BA)\’s 737 MAX planes as it is more focused on the quality and safety of the planemaker\’s jets, a top company executive said on Thursday.
Anand Tandon advises focusing on tactical plays in private sector banks amidst market sector value concerns. He highlights the power sector\’s growth potential but suggests waiting for better entry points for investment in various sectors.
Investing.com– Most Asian stocks moved in a flat-to-low range on Wednesday amid waning expectations for U.S. interest rate cuts, while Chinese markets advanced amid some signs of economic recovery.
Federal Reserve Vice Chair Philip Jefferson, in remarks devoid of any mention of interest rate cuts, said on Tuesday \”it will be appropriate to hold in place the current restrictive stance of policy for longer\” if inflation fails to slow as expected.
Indian equity indices continued their decline for the third consecutive session, dragged by IT stocks, amid concerns over delayed US rate cuts and escalating Middle East tensions. US-rate sensitive Nifty IT dropped 2.6% — the most among the major sectors.
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