[ad_1] Last Updated: July 12, 2023, 01:25 IST New York, United States of America (USA) A petrol station attendant prepares to refuel a car in Rome, Italy, January 4, 2012. (Reuters File Photo) Oil prices surge 2% on falling dollar, demand hopes, and supply cuts. Brent settles at highest since April, WTI at highest since … Read more
[ad_1] Last Updated: June 08, 2023, 00:54 IST New York, United States of America (USA) U.S. gold futures fell 1% to $1,961.50. Spot gold slipped 0.9% to $1,945.99 per ounce by 12:07 p.m. EDT (1607 GMT) Gold prices fell on Wednesday, weighed by an uptick in U.S. bond yields, while investors looked forward to inflation … Read more
[ad_1] Last Updated: May 11, 2023, 03:32 IST The dollar index in afternoon trading was at 101.48, up 0.1% after hitting a low of 101.21 earlier. (Image: File Photo) A U.S. Labor Department report on Wednesday showed the annual increase in consumer prices dipped below 5% in April for the first time in two years … Read more
[ad_1] The dollar edged up against most major peers on Tuesday as traders, seeing no immediate breakthroughs on the U.S. debt-ceiling talks, look to new inflation data for a clearer picture of the economic outlook and the Federal Reserve’s likely rate-hiking path. The dollar index, which measures the currency against six rivals, pared gains that … Read more
[ad_1] Last Updated: May 08, 2023, 23:43 IST Markets saw a 88% chance of the Fed holding rates at their current level in June, and a 33% chance of a rate cut in July, according to CME’s FedWatch tool. (Representative image/AP) Spot gold rose 0.6% to $2,028.42 per ounce by 11:45 a.m. EDT (1545 GMT). … Read more