Month: August 2021

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Geopolitical anxiety helps to kick the indices lower The geopolitical anxiety – and perhaps a bit overbought conditions – have sent the US stocks lower.  A snapshot currently shows: Dow -36 points or -0.10% 35372 S&P index -16 points or -0.37% at 4478.90 NASDAQ index -51 points or -0.34% 14991.78 The NASDAQ and S&P index are up
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Kaplan is a voting member in 2023 Feds Kaplan is expected to speak at 10:30 AM ET.  Last week (August 20) Kaplan shifted his stance a bit due to the Delta variant.  Fed’s Kaplan on Fox Business The big “imponderable” is path of Delta virus. So far the Delta virus has not had a material effect on mobility
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New Delhi: Gold in the national capital on Thursday dipped Rs 265 to Rs 46,149 per 10 grams, in line with a fall in international precious metal prices and rupee appreciation, according to HDFC Securities. In the previous trade, gold closed at Rs 46,414 per 10 grams. Silver also tumbled Rs 323 to Rs 61,653
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Swiss Franc drops sharply today, as pressured by selling against Euro, and rising treasury yields. Dollar once again tries to recover, but there is no committed buying yet. The greenback traders will carefully scrutinize the comments from Fed officials coming out today and tomorrow, as the annual Jackson Hole Symposium goes along. Meanwhile, commodity currencies
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New Delhi: National Stock Exchange (NSE) has directed its members, including stockbrokers, to discontinue the sale of digital gold on their platforms by September 10. The direction came after capital markets regulator Sebi said that certain members are providing a platform to their clients for buying and selling digital gold. Securities and Exchange Board of
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