NEW YORK: A wild week in Treasuries has investors parsing the cross-currents that may sway prices for US government bonds in coming weeks, including the Federal Reserve, economic data and investor positioning. The yield on the benchmark 10-year US Treasury, which moves inversely to bond prices, recently stood at...
NEW YORK: Oil prices edged higher on Friday and for the week after a strong recovery from Monday’s steep slide, underpinned by expectations that supply will remain tight through the year. The price of oil and other riskier assets tumbled at the start of the week on concern over...
Gold fell and was heading for a weekly dip on Friday as a stronger dollar, firmer yields and equity markets chipped away at its appeal. Spot gold fell 0.3% to $1,800.72 per ounce by 1:43 pm EDT (1743 GMT). U.S. gold futures settled 0.2% lower at $1,801.80. Bullion has...
Twitter (NYSE:TWTR) is trading up 0.04% at 69.57 Twitter (NYSE:TWTR)stock jumped 5% in Friday’s premarket trading as it swung to profit in the second quarter, with revenue topping $1 billion. The company also gave a bullish outlook, saying expect it expects total revenue to grow faster than expenses in...
The Reserve Bank of India devolved the new benchmark paper in the second weekly sale as investors demanded higher yield. Primary dealers or bond houses took Rs 11,144 crore worth of such securities on their books as those could not be sold through the auction process. The central bank...
New Delhi: Gold in the national capital on Friday rose Rs 256 to Rs 46,698 per 10 gram amid supportive global trends, according to HDFC Securities. The precious metal had in the previous trade closed at Rs 46,442 per 10 grams. Silver also jumped Rs 662 to Rs 66,111...
1.INTEL : Intel stock was down 1.7% in Friday’s premarket trading following a disappointing forecast for the ongoing financial year that hinted at ongoing loss of market share in providing data centers with silicon chips. and chief executive Pat Gelsinger’s comments indicating a stretched period for chip shortages. The company...
European stock markets are expected to open higher Friday, ending a volatile week on a positive note, helped by a supportive tone from the European Central Bank. At 2:10 AM ET (0610 GMT), the DAX Futurescontract in Germany traded 0.2% higher, CAC 40 Futuresin France climbed 0.4% and the...
By Steve Matthews and Sarina Yoo The Federal Reserve will start scaling back asset purchases next year with an emphasis on mortgage-backed securities, according to economists surveyed by Bloomberg, who see the central bank raising interest rates at a quicker pace through 2024 than previously thought. Slightly more than...
NEW DELHI: Coriander prices on Friday rose Rs 64 to Rs 6,932 per quintal in futures trade as speculators widened their holdings tracking a firm trend at the spot market. On the National Commodity and Derivatives Exchange, coriander for August delivery went up by Rs 64, or 0.93 per...