Gold price today: MCX gold rate climbs 1.4% this week despite US Fed’s dovish stance on rate cut, sticky US inflation

Post Views: 163 Gold price today: Despite the US Fed’s signalling rate cut at a slower pace amid sticky US inflation and a strong labour market, the MCX gold rate registered gains for the third week in a row. Gold futures contract on MCX for February 2025 expiry finished at ₹78,400 per 10 gm, logging … Read more

Latest Market News Today Live Updates January 11, 2025: Gold price today: MCX gold rate climbs 1.4% this week despite US Fed’s dovish stance on rate cut, sticky US inflation

Post Views: 132 Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps … Read more

US STOCKS-Wall Street ends lower as blowout job data spooks traders

Post Views: 91 (Repeats with no changes to text) December US job growth beats expectations Walgreens set for best day since 1980 after Q1 profit beat Constellation Brands slides after trimming FY forecasts University of Michigan survey showed consumer sentiment dropped Indexes off: Dow 1.63%, S&P 1.54% and Nasdaq 1.63% By Johann M Cherian, Sukriti … Read more

Dollar Jumps as Unexpected Hiring Surge Sends Yields Higher

Post Views: 3,138 The US dollar surged after a hotter-than-expected jobs report reinforced speculation that the Federal Reserve will hold off on cutting interest rates again until the second half of the year.  The prospect pushed up the currency against almost all of its major peers, driving Australia’s dollar to the lowest since April 2020, … Read more

Chinese Stocks Enter Bear Market as Geopolitical Risks Mount

Post Views: 99 Chinese shares fell for a fifth straight day, pushing a closely watched benchmark into a bear market, as geopolitical tensions simmer ahead of Donald Trump’s inauguration. The MSCI China Index dropped 1.5% on Friday, taking its decline from an Oct. 7 close to 20%. The CSI 300 Index of onshore Chinese shares … Read more

Jobs report fuels Treasury yield surge as markets brace for 5% threshold

Post Views: 111 Strong economic data raises prospect of yields surging further Some fear inflation rebound, see risk of Fed hike Higher yields could further wobble stocks Some see 5% yield as threshold for allocation shifts NEW YORK, – A recent surge in U.S. Treasury yields may gain even more momentum after a strong jobs … Read more

Canadian dollar snaps weekly losing streak after jobs gain

Post Views: 93 Canadian dollar weakens 0.2% against the greenback For the week, the loonie gains 0.2% Price of U.S. oil settles 3.6% higher 10-year yield touches a seven-week high TORONTO, – The Canadian dollar weakened against its U.S. counterpart on Friday as the greenback notched broad-based gains, but the loonie still notched a modest … Read more

US jobs surge knocks Latam FX, stocks lower; Brazil’s real slumps after inflation print

Post Views: 95 * Brazil inflation above central bank’s target * U.S. imposes fresh sanctions on Russia oil trade * MSCI FX down 0.3%, stocks off 0.9% By Purvi Agarwal and Pranav Kashyap Jan 10 – Indexes tracking Latin American currencies and stocks dove on Friday, responding to a robust employment report from the United … Read more

Sterling falls for fourth straight day to hit 14-month low after US jobs data, 30-year gilts highest since July 1998

Post Views: 121 British assets remained under pressure on Friday from high global borrowing costs, with sterling falling for the fourth day in a row and better-than-expected U.S. jobs data intensifying the move, while gilt yields rose for a fifth consecutive day. After recording a moderate decline earlier in the day, the pound continued its … Read more

Sebi to simplify registration for FPIs looking to invest in govt securities

Post Views: 116 Mumbai: India’s capital markets regulator is set to ease the registration of foreign portfolio investors (FPIs) if they want to invest in government-backed securities, even as it proposed doubling the equity investment threshold set for granular disclosures by FPIs to ₹50,000 crore.  The Securities and Exchange Board of India’s (Sebi) whole time … Read more