Ritu

Dollar Edges Lower; Chinese Growth Data Boosts Risk Sentiment 0
- Uncategorized
- April 18, 2023
The U.S. dollar slipped lower in early European trade Tuesday, handing back some of the overnight gains as healthy Chinese growth data boosted risk sentiment. At 02:05 ET (06:05 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% lower at 101.707, after rising 0.5% overnight. China’s post-COVID
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Asian Stocks Flat, Chinese Markets Rise On Recovery Hopes 0
- Uncategorized
- April 17, 2023
Asian stocks flat, Chinese markets rise on recovery hopes Most Asian stocks moved little on Monday tracking hawkish comments from Federal Reserve officials, while Chinese markets outperformed as the People’s Bank maintained medium-term lending rates ahead of a swathe of economic readings. China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes rose about 0.8% each
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Gold Extends Gains, Set For Bumper Week Amid Softer Inflation 0
- Uncategorized
- April 14, 2023
Gold prices rose for a fourth straight session on Friday following more signs that U.S. inflation was easing, while persistent fears of a 2023 recession also underpinned safe haven demand for the yellow metal. Data on Thursday showed that U.S. producer price index inflation grew at a slower pace in March, coming a day after
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Gold Pushes Further Past $2,000 As Fed’s Kasha Kari Flags Recession 0
- Uncategorized
- April 12, 2023
Gold prices rose past key levels on Wednesday, boosted by safe haven buying after Minneapolis Federal Reserve President Neel Kashkari flagged a potential recession this year, with focus also turning to more U.S. economic cues due later in the day. Kashkari said that rising interest rates and a slowdown in lending after the collapse of
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