The dollar index displayed a rate that was slightly lower yesterday. The annual US producer price index did not surprise, but monthly prices rose more than expected. Jerome Powell added to the scenario given in the latest decision of the Federal Reserve (Fed) that interest rates can be kept higher
The Economic data for the day is in and it seems like there are a few secrets held by the US CPI and Sales numbers with regards to the future fed rates. Let’s dive in and find out all about that. The dollar traded near a one-month low against the
Copper prices hit a two-year high yesterday as rising long-term demand and tight supply fueled a shortage and hopes of a US interest rate cut prompted investors to pile into the market on Monday. Copper’s key role in global electrification, from charging electric vehicles to storing energy on the grid,
The Economic Data for the Day Looks Jam Packed with interesting stuff. The US dollar was slightly lower on Monday and strengthened after recent swings as attention shifted directly to upcoming US inflation data for further clues on interest rates. Gold fell 1% on Monday, looking for gains, as investors
Yesterday’s Pick: RECLTD 25APR24 460 CE BUY 20.50 to 23 ABCAPITAL 25APR24 180 CE 6 to 7 Nifty Technical View: The emergence of a Doji formation at new highs or following a substantial uptrend often hints at market indecision. This uncertainty could lead to a temporary consolidation or a minor
Dollar strengthened more than half percent against a basket of major currencies on Thursday. Currency sparked to the one week high after recent jobless claims data strengthened the case for the Federal Reserve to halt interest rate hikes, but kept a high bar for a year-end cuts. The number of
What is ETFs? Nowadays, we hear this term has a lot – exchange traded fund ETFs. Let us understand this and how it can be a good investment in your portfolio.Exchange Traded funds ETFs are a basket of funds that can be traded like stocks. Let us understand by an
The main variations in the goods traded in these markets account for the major differences between commodity trading and forex trading. We cannot trade commodity contracts through the forex market, but it can trade both commodities and forex rates as already defined contracts with a future exchange. A commodity market
Unprecedented events, such as political unrest, supply chain disruptions, and recession fears, have recently had an impact on the commodity markets. These events have led to significant price shocks and dramatic changes in a commodity trader’s financial performance. Because of the complexity of the commodity markets, the risk is now
In recent years, commodity trading came up with a different strategy for trading. Commodity trading has distinguished itself as a superior trade for traditional financial instruments. Some investors claim that trading commodities are simpler than trading stocks, because volatility is much lower and more predictable. Besides these and other advantages,
