Introduction (MCX) India’s financial markets are evolving at an impressive pace, drawing in a diverse range of investors and traders. With over 100 million people investing in equities and nearly 6 million active participants in MCX trading, the marketplace is more dynamic than ever. Daily turnover in the equity market
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The Commodity Markets might not be as popular as stock markets at this point but day by day the hype for this is ever-expanding. The MCX is such a market that might just go in your favor if you give it a chance. With War looking around every corner, elections underway
👉Factors Driving the Bullish Momentum The recent dynamics in the market have been influenced by several key factors, including the impact of US Consumer Price Index (CPI) data, the performance of the US dollar, and fluctuations in US yields. The CPI, in particular, has played a pivotal role in shaping
The economic data for the day is in. The dollar rose yesterday after data showed US import prices rose 0.9% last month, adding to market fears that the Federal Reserve’s fight to contain inflation has stalled and could be delayed policy makers from cutting interest rates. The market also was
The Gold price eased slightly from yesterday’s highs as US Treasury yields rose and supported the dollar. Prices rose sharply after a US inflation report supported a rise in gold prices on Wednesday, but Thursday’s data was mixed, which is likely to lead to gains ahead of the weekend. The
Natural gas futures hit a 15-week high on Wednesday after production fell following a rise in crude at liquefied natural gas (LNG) export plants. Freeport LNG has restored full service, predicting a warmer than expected next two weeks. The warmer weather should boost the amount of gas power generators burn
The Economic data for the day is as follows. The dollar dropped to multi-month lows on Thursday after U.S. core inflation hit its slowest in three years, pulling forward expectations for rate cuts in the world’s biggest economy and drawing bets that the U.S. currency may have peaked. Monthly inflation
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
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
Silver prices witnessed a speculative plunge yesterday. Prices dropped by 3.80%, its biggest intraday fall after 7 March 2023. As data from the United States showed that inflation is cooling down. While the labor market commences easing amidst US Federal Reserve (Fed) officials complaining about its tightness. Further, the BOE