Daily Updates Archives - Page 39 of 111

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Tech Stocks Lead Market Surge as AI Demand Skyrockets

by Vinit Makol · May 29, 2023 ·

Global stock market sentiment experienced a notable shift in the past week, with tech stocks leading and fueling a surge in market performance. The tech-heavy Nasdaq 100 index emerged as ...

Gold Price Holds Above $1,940, Faces Resistance and Potential Rally

by Vinit Makol · May 27, 2023 ·

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Gold, the precious metal that has captured the attention of investors, experienced a day of fluctuating fortunes as it held above the important level of $1,940. Despite erasing its earlier ...

Federal Reserve Leans Towards a More Cautious Approach as Policy Debates Continue, While the US Dollar Remains Strong

by Vinit Makol · May 25, 2023 ·

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The Federal Reserve's recently released minutes from its May 2-3 meeting have revealed a shift in the central bank's stance, indicating a preference for a more cautious approach amidst ongoing ...

Tough Path Ahead: WTI and Brent Oil Prices Near Confluence Zone

by Vinit Makol · May 24, 2023 ·

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Crude oil prices have witnessed a robust bounce, with WTI and Brent experiencing back-to-back days of gains, despite the prevailing strength of the US dollar. Various factors have contributed to ...

Reserve Bank of India Clarifies Withdrawal of Rs 2000 Notes as a Statutory Exercise, Not Demonetization

by Vinit Makol · May 24, 2023 ·

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Reserve Bank of India (RBI) officials appeared before the Delhi High Court to address concerns regarding the withdrawal of Rs 2000 notes, clarifying that it was a statutory exercise rather ...

Australia and New Zealand Dollars Await Direction Amid US Debt Impasse

by Vinit Makol · May 23, 2023 ·

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The Australia and New Zealand dollars await direction as the US debt impasse weighed on market sentiment. Talks between President Biden and House Speaker McCarthy failed to yield any progress, ...