Oil prices held near eight-month lows on Monday after falling sharply last week as markets feared that slowing global economic activity will dent demand for crude. Anderson-traded Brent oil futures rose 0.3% to $85.29 a barrel, while U.S. West Texas…
Tag: Forex
U.S. stock futures were trading slightly higher during Sunday’s evening deals, after major benchmark indices posted their greatest weekly losses in 3 months, with investors remaining cautious amid persistent inflation fears ahead of Federal Reserve’s two-day meeting and rate decision later this week. By…
The crypto community is celebrating the coming of Ethereum 2.0, however, there are also concerns for miners. Since Ethereum has switched to a proof-of-stake model, Ether will no longer be necessary. Due to this, mining machinery will become obsolete, leaving miners with fewer options. WHERE WILL…
U.S. economic data remains strong but a range of financial indicators point to a sharp slowdown over the next year that would dampen oil consumption and lead to lower prices. The apparent contradiction between the real economy and financial markets…
Japan is expected to waive visa requirements for certain tourists and remove a limit on daily arrivals in October as it aims to benefit from a rebound in global tourism, Nikkei reported on Thursday. Following the change, Japan will not require visas for…
Most Asian stock markets rose slightly on Tuesday, with investors turning cautiously optimistic over upcoming data that is expected to show a sustained decline in U.S. inflation. Taiwan’s Weighted Index added 0.7%, the most among its regional peers, while China’s Shanghai Shenzhen and Hong…
India’s retail inflation likely snapped a three-month downward trend in August as food prices surged, a Reuters poll of economists found, which may add pressure on the Reserve Bank of India to hike interest rates more aggressively in coming months. Food inflation, which accounts…
There are two sorts of monetary business sectors and they are the essential and auxiliary business sectors. Monetary cases are at first sold by borrowers in the essential monetary business sectors. All monetary cases have essential business sectors. An illustration…
By Administrator_India Capital Sands The dollar was up on Friday morning in Asia, but remained near its lowest level in a week. Improving risk sentiment, as concerns about contagion from a potential China Evergrande Group default eased somewhat, erased the…
By Administrator_India Capital Sands The dollar was down on Thursday morning in Asia, moving towards the middle of a range that it has stuck to for the past month. Investors now look to the U.S. Federal Reserve’s policy decision, due…