Posts in category Economic Times
Asia shares rise as Fed looms large; yen crumbles below key level (29-04-2024)
Oil prices ticked down on expectations that higher-for-longer U.S. interest rates would dampen demand, while news of a potential Gaza ceasefire eased fears of supply constraints.
At multi-year highs: These 3 stocks witness 5-year swing high breakout (29-04-2024)
A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.
Yen trips past 160-per-dollar to April 1990 lows (29-04-2024)
A portfolio manager said "stops" on the pair at the key 160 level had been "taken out", meaning the yen's descent had forced those with long yen holdings and stop-loss orders around that big level to square positions, exacerbating its slide.
Gold eases as steady dollar dampens appeal (29-04-2024)
The dollar edged up 0.1% against its rivals. A stronger dollar makes greenback-priced gold more expensive for buyers holding other currencies.
Oil prices fall 1% on Israel-Hamas ceasefire talks, U.S. inflation concerns (29-04-2024)
Brent crude futures fell by as much as $1, or 1.1% to $88.50 a barrel before ticking back up to $88.55 at 0149 GMT. West Texas Intermediate (WTI) futures were down 84 cents, or 1%, at $83.01 a barrel.
Dollar a tad softer as markets wait for Fed (29-04-2024)
It had moved nearly 3.5 yen between 158.445 and 154.97 on Friday as traders vented their disappointment after the Bank of Japan kept policy settings unchanged and offered few clues on reducing its Japanese government bond (JGB) purchases - a move that might have put a floor under the yen.
I-Sec’s minority investors file suit challenging delisting process (29-04-2024)
Gupta has confirmed filing the suit under Section 245 of the Companies Act, stating that more than 100 investors have already consented to take legal action to halt the delisting process. He mentioned that more investors are joining each day to support the legal battle.