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Blog 3 Columns

  • Oil Slips Before U.S. Payrolls, but set for Best Week in 6 Months

    Oil Slips Before U.S. Payrolls, but set for Best Week in 6 Months0

    Oil Prices Fell On Friday As Markets Awaited More Economic Cues From A Closely-Watched U.S. Payrolls Report, But Were Headed For Strong Weekly Gains After The OPEC+ Announced Its Biggest Supply Cut Since The 2020 COVID Pandemic London-traded Brent oil futures fell 0.4% to $94.43 a barrel, while West Texas Intermediate crude futures were largely

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  • US dollar clings to gains as bets on further Fed hikes firm

    US dollar clings to gains as bets on further Fed hikes firm0

    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

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  • OIL PRICES RISE TO NEAR $90 AS OPEC CUT LOOMS

    OIL PRICES RISE TO NEAR $90 AS OPEC CUT LOOMS0

    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

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  • GOVT HIKES DA BY 4% UNDER 7TH PAY COMMISSION; DETAILS HERE

    GOVT HIKES DA BY 4% UNDER 7TH PAY COMMISSION; DETAILS HERE0

    The Union Cabinet has hiked Dearness Allowance (DA) of central government employees and pensioners by 4 percent under the 7th Pay Commission, The hike takes DA to 38 percent from current 34 percent of basic pay/pension. The Finance Ministry said that the central government employees and pensioners will become entitled to higher amount of Dearness

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  • GOVT HIKES DA BY 4% UNDER 7TH PAY COMMISSION; DETAILS HERE

    GOVT HIKES DA BY 4% UNDER 7TH PAY COMMISSION; DETAILS HERE0

    The Union Cabinet has hiked Dearness Allowance (DA) of central government employees and pensioners by 4 percent under the 7th Pay Commission, The hike takes DA to 38 percent from current 34 percent of basic pay/pension. The Finance Ministry said that the central government employees and pensioners will become entitled to higher amount of Dearness

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  • Asia FX Battered by Hawkish Fedspeak, Dollar Back at 20-Year Peak

    Asia FX Battered by Hawkish Fedspeak, Dollar Back at 20-Year Peak0

    Asian currencies plummeted on Wednesday, while the dollar surged to new 20-year highs on hawkish comments from Federal Reserve officials and growing safe haven demand. The dollar index jumped 0.4% to a new 20-year high of 114.68, while dollar index futures rose in a similar range. A broad market rout in risk-driven assets also drove

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