Changes to margin rules by Sebi have impacted trading volumes across asset classes over the past few months. While the move is aimed at preventing brokers from providing excessive leverage to traders, limiting risk and protecting retail investors, margin funding is an important tool for smaller brokers and some...
MELBOURNE: Oil prices rose in early trade on Wednesday, adding to overnight gains, after industry data showed U.S. oil inventories declined more than expected and OPEC raised its outlook for oil demand. Brent crude futures rose 28 cents, or 0.4%, to $63.95 a barrel at 0057 GMT, after climbing...
Gold prices rebounded on Tuesday from their lowest levels in more than a week after data showing a sharp rise in US inflation bolstered bullion’s appeal as an inflation hedge and weighed on the . Spot gold was 0.7% higher at $1,744.33 per ounce by 12:20 p.m. EDT (1620...
Barley prices jumped nearly 4 per cent on Tuesday, extending recent gains as market participants stared at supply disruptions on account of the coronavirus pandemic. NCDEX’s barley contract for April 20 delivery jumped by Rs 67 or 3.74 per cent to Rs 1,860 per 100 kilograms amid low volumes....
LONDON: OPEC on Tuesday raised its forecast for growth in world oil demand this year on expectations the pandemic will subside, providing help for the group and its allies in their efforts to support the market. Demand will rise by 5.95 million barrels per day (bpd) in 2021, or...
Dutch-based technology investor Prosus NT has sold a 2% stake in Chinese tech giant Tencent at HK$595 per share to raise $14.7 billion in the world’s largest block trade, according to two sources with direct knowledge of the matter. The sources could not be named as the information had...
LONDON: Oil prices rose on Tuesday after strong Chinese import data, while Middle East tensions gave only a limited boost given no crude supply has been disrupted so far. Brent crude oil futures were up 67 cents, or 1%, at $63.95 a barrel by 1221 GMT, while US crude...
1.JPMorgan: –Investment bank JPMorgan(NYSE:JPM) recommended selling emerging market currencies on Tuesday, completing a 180-degree pivot from the start of the year when it was backing them to have a good run. After forecasts of a strong run for emerging currencies at the start of the year, many big banks...
European stock markets are seen opening marginally lower Tuesday, weighed on by some patchy growth data out of the U.K. but generally cautious ahead of key U.S. inflation numbers. At 3:15 AM ET (0715 GMT), the DAX futures contract in Germany traded 0.1% lower, CAC 40 futures in France...
NEW DELHI: Silver prices rose by Rs 310 to Rs 66,438 per kg in futures trade on Tuesday as participants widened their bets on a firm spot demand. On the Multi Commodity Exchange, silver contracts for May delivery gained Rs 310, or 0.47 per cent, to Rs 66,438 per...