Dow Futures Dip Following Mixed Session, Nonfarm Payrolls in Focus

Dow futures

U.S. stock futures were trading lower during Thursday’s evening deals, following a mixed performance among major indices as market participants braced for key jobs data slated for release later in Friday’s session. By 6:25 PM ET (11:25 PM GMT) Dow Jones Futures were little changed, S&P 500 Futures eased 0.1% and Nasdaq 100 Futures dipped […]

jerome Powell to Set Stage For Slowing Fed ate Hikes Amid Hawkish Tone

jerome Powell

Jerome Powell is scheduled to deliver a speech, nominally focused on the labor market, at an event on Wednesday hosted by the Brookings Institution in Washington. It will be one of the last from policymakers before the start of a quiet period ahead of their Dec. 13-14 gathering. Chair Jerome Powell is expected to this […]

How to Set Financial Goals for Your Future

Financial Goals

Setting short-term financial goals, as well as midterm and long-term, is an important step toward becoming financially secure. If you aren’t working toward anything specific, you’re likely to spend more than you should. You’ll then come up short when you need money for unexpected bills, not to mention when you want to retire. You might […]

Gold steady, Copper Rises Amid Smaller Rate Hike Expectations

GOLD STEADY

Gold prices steadied on Wednesday, while copper extended strong gains as risk-driven assets rallied on expectations that the Federal Reserve will hike interest rates at a slower pace in the near-term, which also trimmed dollar gains. A growing number of Fed officials said in recent weeks that the central bank is likely to raise interest […]

Oil Rises on Saudi Supply Signals, But Demand Fears Cap

oil risinig

Oil prices rose on Tuesday following commitments to tightening supply from Saudi Arabia and the Organization of Petroleum Exporting Countries (OPEC), although concerns over slowing demand in China and a potential U.S. recession kept gains muted. Crude markets reversed sharp losses in a volatile session on Monday after Saudi Arabia, the leader of the OPEC […]

US Dollar Clings To Gains As Bets On Further Fed Hikes Firm

Financial News

THE Dollar Fought For A Footing In Choppy Trade On Thursday, With Support From Upbeat U.S. Data And Hawkish Policymaker Comments, While The Prospect Of Higher Energy Prices Helped Exporters’ Currencies And Weighed On Those Of Importers. The Dollar Rose 1% On The Euro And 1.3% On Sterling Overnight And Was Trying To Hold Those […]

Oil Prices Rise to Near $90 as OPEC Cut Looms

FINANCAIL NEWS

Oil prices rose further on Tuesday as markets positioned for the biggest supply cut by OPEC since the 2020 COVID crisis, with weakness in the dollar also helping London-traded Brent oil futures the global benchmark, rose 0.6% to $89.28 a barrel, while West Texas Intermediate crude futures rose 0.2% to $83.82 a barrel. Both contracts jumped […]

Oil Heads For Fourth Straight Monthly Loss as OPEC Meeting Looms

Financial News

Oil prices rose slightly on Friday, but were set for a fourth straight month of losses amid growing concerns over weakening demand, with the focus now turning to a potential supply cut by the OPEC next week London-traded Brent oil futures, the global benchmark,  were flat at $87.50 a barrel by 21:55 ET (01:55 GMT), […]

In early trade, the rupee rises 2 paise to 78.02 versus the US dollar

Financial News

In early trade on Tuesday, the rupee bounced back from an all-time low against the US dollar, rising 2 paise to 78.02. The rupee began at 78.02 versus the dollar on the interbank foreign exchange, up 2 paise from its previous close In early trade, the native currency soared to 77.90 versus the US dollar, […]