Crude Oil slumped to a 17-year low as coronavirus lock-downs cascaded through the worldslargest economies, leaving themarket overwhelmed by crateringdemand and a ballooning surplus of crude.
Bank Of Baroda Share Cuts Lending Rates
Bank Of Baroda share price – The state-run lender cut lending rates by 75 basis points, in-line with the Monetary Policy Committee’s decision to cut reporate by the same quantum on Friday.
The Gold Market Is Being Tested Like Never Before
From South Africa’s ultradeep mine shafts to vaults underneath London, from metals traders in New York skyscrapers to mainstreet sellers of coins: the global gold market is being tested like neverbefore.
Dow Futures Up 500-point Gain after ECB announces massive stimulus package
Dow Jones Industrial Average futures rose 445 points in extended trading, implying anopening rally of morethan 525 points.
Spot Gold Below 1513 Target and Support Zone $1412 – $1392
Spot Gold surged on Tuesday, rebounding from a five-session decline after the Federal Reserve’s announcement to boostlending eased fears over a crunch in liquidity. It wasn’t safehaven buying that drove gold prices higher. We know that because Treasury and the U.S.Dollar are the true safehavens.