Posts in category Economic Times
Asian stocks fall, dollar rises as rate cut wagers waver (24-05-2024)
Asian stocks fell on Friday as strong U.S. economic data boosted the prospect of higher interest rates, affecting Asian-Pacific shares outside Japan, with Japan's Nikkei and China stocks also impacted. China's military conducted war games around Taiwan, impacting Hong Kong's Hang Seng Index, while Prashant Newnaha commented on the market and Fed's stance. Benchmark U.S.
At multi-year highs: These 4 stocks witness 5-year swing high breakout (24-05-2024)
A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.
Nvidia’s split of soaring stock could boost retail investor appeal, Dow chances (24-05-2024)
Nvidia's stock split announcement, aiming to attract more retail investors and potentially join the Dow Jones Industrial Average, follows a surge in share price. The split could make stock ownership more accessible and boost interest among individual investors.
Big movers on D-Street: What should investors do with ITC, KPI Green and Grasim? (24-05-2024)
Stocks that were in focus include names like ITC, which rose 0.068%, KPI Green, which jumped 0.82%, and Grasim, whose shares rose 0.010% on Thursday.
Positive Breakout:Bajaj Finservand 3 otherstocks cross above their 200 DMA (24-05-2024)
As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.
US stock changes push FX trades into Asia’s ‘twilight zone’ (24-05-2024)
Asian money managers face disruption as U.S. stock settlement window shortens next week, requiring quicker fund validation in thin, volatile currency markets.
Gold on track for first weekly dip in three as rate-cut bets dwindle (24-05-2024)
Gold rose on Friday but was set for its first weekly drop in three weeks, as investors lowered expectations of a U.S. interest rate cut after the Federal Reserve's latest meeting indicated a delay in monetary policy easing.
Dollar set for weekly gain as rate cut bets ebb (24-05-2024)
The dollar is on track for its largest weekly gain in a month and a half, supported by strong U.S. economic data and a hawkish stance in Federal Reserve minutes.
Oil flat as firming US gasoline demand offsets rate jitters (24-05-2024)
Oil market cautious ahead of OPEC+ meeting on June 1 to discuss extending 2.2M bpd output cuts. U.S. fuel demand and Fed's inflation concerns impact prices.