The US dollar is edging higher on signals the Fed is nearing tapering bond buys. ADP’s NFP and the ISM Services PMI are set to rock markets. Oil extends its rise, cryptos move higher and AMC’s stock grabs attention with parabolic rises.
Nifty This Week: Technical Charts And More – At New High, How Much Steam Left For June?
Nifty This Week: Technical Charts: So, the new high on the Nifty 50 was finally in. It was, as we had been discussing over the past few weeks, more a question of when rather than if. This is why we had asked readers to just stick with it and ride over the noise of the short term.
Investors Cheer After RBI Clarifies Crypto Trading Isn’t Banned
Crypto Trading Isn’t Banned: The Reserve Bank of India’s decision to remove a 2018 rule that forbid banks from facilitating cryptocurrency trades comes as a welcome relief for a community facing push-back from traditional lenders needed to help settle these deals.
Spot Gold Price Technical Analysis: Above $1907 Next Key $1922
Spot Gold Price Technical Analysis: Boosted by a weaker dollar and growing inflationary pressures, gold prices rose to a near five-month high on Tuesday. The spot gold was up 0.2 per cent at $1,911.45 per ounce by 0255 GMT, after hitting its highest since Jan. 8 at $1,914.26 earlier in the session.
MCX Nickel Tips Today: All Target Hit 1326.25 To 1348.30 | Neal Bhai
MCX Nickel Tips Today: Nickel yesterday settled up by 4.21% at 1318.2 on the further signs of recovery in the US labour market and as it was reported that Biden administration is set to propose $6 trillion budget in 2022.