Market

Asia FX Drifts
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Asia FX Drifts Lower On Hawkish Fedspeak, Weekly Losses On Tap

Most Asian currencies fell on Friday, and were set to close the week lower following hawkish comments from several Federal Reserve officials, as well as growing concerns over a potential recession this year. China-exposed currencies were the worst performers this week, even as data released earlier showed that the country’s economy was beginning to pick […]

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Dow Futures Trade,
U.S. Economy

Dow Futures Trade Flat Ahead of U.S. Midterm Elections

U.S. stock futures were trading flat during Monday’s evening deals, after major benchmark indices finished the regular session higher ahead of the U.S. midterm elections on Tuesday. By 18:20 ET (23:20 GMT), Dow Jones Futures and S&P 500 Futures were flat, while Nasdaq 100 Futures ticked 0.1% higher In extended deals, Lyft (NASDAQ:LYFT) fell 14.2% […]

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S&P BSE Sensex
Market

As the anchor investor lock-in period expires, the LIC falls 4%, or 28%, from its issue price

In intra-day trade on Monday, shares of Life Insurance Corporation of India (LIC) fell 4% to Rs 681.70 on the BSE, with the lock-in period for anchor investors expiring on Monday, June 13. The share price of the state-owned insurance behemoth has dropped by 28% from its IPO price of Rs 949 per share. Retail […]

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oil prices
Market

Oil is easing after previously soaring due to Russian sanctions against EU companies

Early Asian trade on Thursday saw oil prices fall after surging more than 5% the previous session in response to new Russian sanctions on some European gas companies. Russia sanctioned 31 enterprises headquartered in countries that placed sanctions on Moscow following Russia’s February invasion of Ukraine. At the same time, Russian gas flows to Europe […]

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Oil prices rise
Market

Oil prices rise on supply concerns as Ukraine crisis deepens

Oil prices rose on Monday as concerns grew about tighter global supply, with the deepening crisis in Ukraine raising the prospect of heavier sanctions by the West on top exporter Russia. Brent futures were up $1.50, or 1.3%, at $113.20 a barrel at 0030 GMT, and U.S. West Texas Intermediate futures rose 98 cents, or […]

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Capital Varsity
Capital Varsity

Success Trading: Some Basic Terminology for New Traders

The world of trading can get very complex because the financial markets are complex. There thousands and thousands of successful traders out there today. The amazing thing is that they all have carved their own niches and approach the markets in a unique way. This should be wonderful news for beginning traders because it demonstrates […]

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40 crore cryptocurrency
Cryptocurrency

7 more held in Rs 40 crore cryptocurrency investment fraud in Nagpur

The number of arrests in a Rs 40 crore cryptocurrency fraud in Nagpur in which over 2,000 investors were duped reached 11 on Sunday, a day after the main accused, his wife, and two associates were held from Lonavala in Pune, police said. A police officer said that the main accused, Nishid Wasnik, used to […]

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Oil prices
World

Oil rises, hovers near 7-year highs on supply fears, political risks

Oil rose 1% on Monday, hovering near 7-year highs hit in the previous session, amid concerns over tight supply as well as geopolitical tensions in Eastern Europe and the Middle East. Brent crude rose 92 cents, or 1.0%, to $90.95 a barrel at 0051 GMT, after adding 69 cents on Friday. The front-month contract for […]

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Commodity

Oil tumbles with bearish market structure showing weak demand concern

By Administrator_India Capital Sands Oil slumped as a string of renewed lockdown measures in Europe stoked concerns about the demand outlook while the market’s underlying structure shifted to indicated near-term weakness. Futures in New York and London fell as much as 5 percent, with the prompt spread on both flipping into contango. Concerns are re-emerging […]

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