Gold keeps the post-Fed gains as bulls flirt with $1,755 during the initial Asian session on Thursday. The yellow metal jumped after the dovish Federal Reserve (Fed) propelled market sentiment and dragged the US dollar to the south.
Stocks Tips For Today: BEML, BPCL, SBI, Vedanta
Stocks Tips For Today: BEML, BPCL, SBI, Vedanta. Indian equities witnessed pressure at higher levels, ending little change in what turned out to be a volatile and rangebound trading session. The S&P BSE Sensex ended 30 points lower at 50,363 while the NSE Nifty 50 index ended 20 points lower at 14,910. Both benchmark indices have now declined for three straight sessions.
Fed Meeting Begins, Dow Jones Falls at The Open
Fed Meeting Begins : The Dow fell at the open on Tuesday as investors remained on the sidelines ahead of the Federal Reserve’s two-day policy meeting against the backdrop of rising borrowing costs.
Nokia Cuts Up to 10,000 Jobs as Race to Dominate 5G Heats Up
Nokia Oyj will cut as many as 10,000 jobs in the coming years so it can invest more in the race to win orders for 5G networks.
Crude Oil Futures Curve at Risk of More Weakness as Demand Wanes
The U.S. oil futures curve is showing signs of strain and may soften further in the coming weeks with Asian refiners’ appetite for American barrels diminishing.