News

Currency Buzz: Rising Crude Oil Prices Weighs Down INR

  • 11-Aug-2022
  • 05:08 PM

The Indian rupee depreciated by 36 paise to close at 79.61 (provisional) against the US dollar on Thursday amid rising crude oil prices. At the interbank fo...

Indian Rupee: Likely To Come Under Pressure

  • 11-Aug-2022
  • 09:09 AM

The Indian rupee is likely to come under pressure tracking rebound in oil prices and recovery in dollar index after suffering a sharp plunge in the previous...

Energy Preview: EIA Shows Large Drop In Gasoline Inventories

  • 11-Aug-2022
  • 09:01 AM

Data from the Energy Information Administration showed a larger-than-expected drop in gasoline inventories, while crude inventories saw another big rise. Th...

Economic Buzz: US Wholesale Inventories Rise 1.8% In June

  • 11-Aug-2022
  • 08:56 AM

A report released by the Commerce Department showed a continued surge in U.S. wholesale inventories in the month of June. The Commerce Department said wholesal...

Precious Metals Preview: Gold Stays Supported Above $1800 Mark

  • 11-Aug-2022
  • 08:49 AM

Gold prices eased slightly in early Asia on Thursday following a surge to one-month high in the previous session. Gold rallied on Wednesday after data showe...

Economic Buzz: US Consumer Prices Unchanged In July

  • 11-Aug-2022
  • 08:46 AM

With a sharp pullback in gasoline prices offsetting higher prices for food and shelter, the Labor Department released a report showing U.S. consumer prices cam...

Base Metals Preview: Copper Hits Six-Week High

  • 11-Aug-2022
  • 08:38 AM

Copper prices are seen hovering near six week high attained in the previous session tracking decline in US dollar that plunged to its lowest level in more t...

Currency Buzz: INR Optimistic On Foreign Fund Inflows

  • 10-Aug-2022
  • 05:00 PM

The Indian rupee appreciated by 15 paise to close at 79.48 (provisional) against the US dollar on Wednesday, tracking foreign fund inflows and easing crude ...

Indian Rupee: Supported By Foreign Fund Inflows

  • 10-Aug-2022
  • 09:20 AM

Declining oil prices and sustained foreign fund into Indian markets are keeping the Indian currency supported. Besides, dollar index that is marginally lowe...

Precious Metals Preview: Gold Stays Supported Above $1800 Mark

  • 10-Aug-2022
  • 09:10 AM

Gold prices are seen near flat line on Wednesday, supported by lower treasury yields and muted dollar overseas. The US 10-year note is lingering near 2.7%, ...

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