Technical posture for gold remains bullish – analyst India slashes import tax on gold, silver Focus on US PCE data on Friday July 23 – Gold prices edged up on Tuesday and were set to break a four-day losing streak, as investors awaited U.S. economic data due later this week […]
rate cut
US Market News: Tuesday’s record-breaking closing high for the Dow Jones Industrial Average and Wall Street stocks came from data supporting the belief that the US Federal Reserve is about to embark on its easing cycle, which will control inflation and prevent a recession, as per Reuters news report. In […]
May CPI data unexpectedly flat * Oracle up on double-digit FY25 revenue growth forecast * Indexes: Dow down 0.02%, S&P 500 up 1%, Nasdaq up 1.7% By Caroline Valetkevitch NEW YORK, – The S&P 500 and Nasdaq trimmed gains slightly and the Dow turned a bit lower after the Federal […]
Edited excerpts: How do you expect the market movement after the Lok Sabha election outcome on June 4? When can we expect fresh record highs? The base case scenario anticipates the formation of a government by the BJP. However, we anticipate potential market volatility post-election, especially if the BJP fails […]