Oil slumps 9% in two days on demand concerns, Brent below $79/bbl
A surge in Covid-19 cases across China is clouding the near-term demand outlook, overshadowing optimism commodity consumption in the world’s top importer will eventually rebound.Category: News
A surge in Covid-19 cases across China is clouding the near-term demand outlook, overshadowing optimism commodity consumption in the world’s top importer will eventually rebound.
Tencent’s return to top 10 club shows China rebound bets soaring
The Chinese tech giant’s return to the group of biggest global companies also underscores the whipping US stocks have taken over the last year, primarily due to massive monetary tightening by the Federal Reserve.
Agri Picks Report: Geojit
According to Geojit , Barring coriander, other spices were up on NCDEX on Wednesday. Jeera futures pared initial losses and inched up on concerns over production.Big Movers on D-St: What should investors do with FACT, RCF, Linde India and United Spirits?
Its trend is bullish but now RSI on the weekly time frame is at 80+ which indicates that the stock is in the overbought zone. As per the analysis, traders can book profits. And for fresh entry, one can adopt to buy support strategy where the support range is 290-300 levels. Targets are in the range of Rs 365 and 390 levels. Keep a stop loss at 240 on a closing basis.Corporate Radar: Supreme Infrastructure, RHI Magnesita board meetings and more
The infra company will consider and approve unaudited financial results (standalone and consolidated) for the quarter and half year ended September 30, 2022.The company’s board meeting will be held to issue and allot 2,70,00,000 equity shares of the company on preferential basis to DBRL.
Can arbitrage funds recover after a disastrous 2022?
Going forward, if the markets keep rising or move sideways, investors could make decent returns on these schemes. Improved yields on arbitrage opportunities, coupled with high yields on fixed-income investments held by these schemes, make arbitrage funds an attractive investment alternative.
Bharat Jodo Yatra resumes journey in UP, expected to enter Haryana in evening
Former party chief Rahul Gandhi reached the village from Delhi ahead of the resumption of the march, Congress Uttar Pradesh unit spokesperson Anshu Awasthi said.
Gold edges higher as dollar dips ahead of US jobs data
Spot gold was up 0.1% at $1,856.11 per ounce, as of 0302 GMT, after hitting a near seven-month high in the previous session. U.S. gold futures also edged 0.1% higher at $1,861.20.
Asia stocks hit 4-month high on reopening of Chinese economy
MSCI#39;s broadest index of Asia-Pacific shares outside Japan rose 1% to touch a four-month high in morning trade. Japan#39;s Nikkei bounced off a three-month low.
Dell looks to phase out Chinese chips by 2024
The computer maker told suppliers late last year that it aims to meaningfully lower the amount of China-made chips it uses, including those produced at facilities owned by non-Chinese chipmakers, the report added, citing three people with direct knowledge of the matter.