[ad_1] The rupee depreciated 14 paise to hit record low of 87.57 against the US dollar in early trade on Thursday weighed down by anticipation of an RBI rate cut and weak economic data. Company Value Change %Change Forex traders said the Indian rupee opened on a weak note and made a fresh record low […]
Oil falls after Trump delays Canada, Mexico tariffs by a month – CNBC TV18
[ad_1] Oil declined after President Donald Trump delayed the start of tariffs against the US’s two biggest foreign suppliers of crude by a month. Company Value Change %Change West Texas Intermediate fell toward $72 a barrel, erasing all of Monday’s gains, while Brent crude closed near $76. Trump pushed back the planned levies on Canada […]
Expert on where crude oil and gold prices might head next – CNBC TV18
[ad_1] Peter McGuire, CEO of XM Australia, expects Brent crude to reach $80 per barrel and WTI to potentially test $75. He highlighted that geopolitical risks, particularly Russia’s actions in Ukraine is a key driver of the rising oil prices. Oil prices hovered near two-week highs on November 25 after gaining 6% last week, as […]
Trend in market leadership seems to be changing and it moves towards defensive plays, says Atul Suri – CNBC TV18
[ad_1] Even as banking remains the most important sector in India, defensive sectors like pharma and IT are giving very good opportunities and breakouts, says Atul Suri, CEO of Marathon Trends-PMS. He sees that the trend leadership is changing. While banking in the most important sector as banks and financials are termed in one breath, […]