Gold Investors Love The Turbulent Stock Market

India’s retail inflation rate rose to 7.0% in August from 6.71% in the previous month, data released on Forex Monday showed. The August reading was a tad above the 6.9% expected by economists polled by Reuters.

• Currency traders are bracing for markets to get choppy in the second half of next week as at least 12 central banks are set to make policy decisions within a 24-hour window.
• The electronics giant says “lackluster demand” for its memory chips and “intensifying competition” in the smartphone sector has thrown its business off-course.
• US and Chinese negotiators meeting this week in Beijing have agreed to extend trade talks until Wednesday, according to a spokesperson for the office of the US Trade Representative.
• The total peak rate capacity of the mines being put up for e-auction is 39.31 million tonnes per annum.
• August inflation data holds key implications for the Fed’s next move – here’s everything you want to know.

The Federal Reserve will deliver another 75-basis-point interest rate hike next week and likely hold its policy rate steady for an extended period once it eventually peaks, according to a Reuters poll o… Crude oil refining capacity has shrunk by a record 3.8 million barrels per https://www.forbes.com/advisor/investing/what-is-forex-trading/ day from March 2020 to mid-2022 as demand expanded, setting the stage for fuel markets to remain very tight until at least mid-… We have relatively strong growth and a healthy corporate earnings cycle as positives, but a worrisome current account deficit and high inflation …

Gold Investors Love The Turbulent Stock Market

The gains followed a sharp sell-off that began in mid-August, triggered by concerns about the impact of tighter monetary policies and signs of an economic slowdown in Europe and China. Investors are looking ahead to a critical release Tuesday on US consumer prices, followed by Thursday’s report on retail sales — the last major data ahead of the Federal Reserve’s interest rate move next week. Global slowdown and anticipation of interest rate hikes by central banks along with the rising Covid-19 cases in China weighed on the investors sentiments. Promoted by Tata Sons, Tata Investment Corporation Limited is a non-banking financial company registered with the Reserve Bank of India . Earlier named The Investment Corporation of India, the company is primarily involved in investing in long-term investments such as equity shares and equity-related securities.

“The exports may fall to million tonnes in this financial year because of ban on broken rice and 20 percent export duty,” All India Rice Exporters Association former president Vijay Setia told PTI. Oil prices edged up early on Tuesday, extending gains from the previous session as investors worried about tight supply ahead of the winter heating season in the Northern Hemisphere. The finalisation of the share allotment is done this week and the shares of the company are expected to list on stock exchanges BSE and NSE this week on Thursday, September 15, 2022.

Disney Doubles Down On Streaming Content, Hbo Max Holds Most Emmy Nominations This Year

The stock has been in an uptrend since the past few sessions as it has risen more than 30% in the last two weeks. Reuters was first to report on Monday that the joint venture obtained subsidies including on capital expenditure and electricity from Gujarat to set up units near the western state’s largest city, Ahmedabad. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. But just over a minute after liftoff, and roughly 5 miles (8.05 km) above ground, the New Shepard booster’s engines flared unexpectedly during ascent. Disney was also closely watched Monday after activist investor Dan Loeb apparently walked back on his recent push for the company to sell or spin off ESPN. Loeb’s hedge fund Third Point Management said in August that it purchased a $1 billion stake in Disney.

Bitcoin extended a rally amid a brighter mood in global markets and as traders await US inflation data and monitor a seminal upgrade of the Ethereum blockchain. The world’s largest and most popular cryptocurrency was trading more than 1% higher at $22,198. The global crypto market cap today was above the $1 trillion mark, even as it was down over a per cent in the last 24 http://www.acquariofilia.biz/showthread.php?t=546967 hours at $1.1 trillion, as per CoinGecko. Stocks rose Monday, sending equities higher for a fourth straight session of gains, as investors bet on a benign inflation reading Tuesday. US stocks rallied on Friday, with the major indices recording their first weekly gain in four weeks as investors went on a buying spree, shrugging off concerns about the economic outlook.