After Brief Pause, Market Rout Continues; No Dodging Recession Fears
The S&P 500 fell by almost 6% last week to trade 24% below its January high.Sydney: Asian shares were unable to sustain a rare rally on Monday as Wall Street…
Crude Markets’ See-Saw Continues, With Brent Oil Just Below $107 A Barrel
Oil extends see-saw trades straddled between higher dollar and supply concernsThis week’s see-saw in crude prices continued on Wednesday with the trade flow reflecting headlines from the Russia-Ukraine war, supply…
Oil Prices Rise Over 1% To Near $109 A Barrel On More Russia Sanctions
Oil rises as uncertainty around supply persistsCrude oil prices extended their gains to near $109 a barrel early on Tuesday as the focus remains on supply concerns, driven by expectations…
King Dollar Reigns Supreme; Likely To Keep Strength On Aggressive Fed
The dollar reigns supreme; likely to keep strength on aggressive FedThe dollar was up over 1.5 per cent against a basket of currencies on Friday, driving higher after a volatile…
US President To Sign Executive Order For A ‘Digital Dollar’, Says White House
US president to sign executive order for a ‘Digital Dollar’, says White HouseUS President Joe Biden on Wednesday will order government agencies to begin creating a digital US dollar, White…
“War: What is it Good For? Absolutely Nothing,” Says A Large US Investment Firm
“War: What is it good for? Absolutely nothing,” says Charles SchwabRussia’s invasion of Ukraine and the West’s retaliation with sanctions on Moscow has raised the risk of recessions in many…
Russia Warns Of $300 A Barrel, But Oil Prices See-Saw Near 2008 Highs: Report
Russia warns of $300 a barrel, but oil prices see-saw near 2008 highsOil prices see-sawed on Tuesday even as Ukraine peace talks made little headway, torn between the prospect of…
Rouble Crashes Nearly 10% To $134 As Sanctions Bite
Rouble crashes nearly 10% to about $134 as sanctions on Russia biteThe rouble weakened nearly 10 per cent on Monday to about $134, pressured under the weight of Western sanctions…
Precious Metals Jump On Supply Fears And Flight To Safety Bets
Gold, palladium Jump on supply fears and flight to safety betsGold prices hit a fundamental level, while palladium prices jumped to a record high on Monday as intensifying Russia-Ukraine conflict…
Rupee Hits Lifetime-Low, Tracking Flying Oil Prices And Weak Domestic Equities
Rupee hits lifetime-low, tracking soaring oil prices and weak domestic equitiesThe energy-sensitive rupee hit a lifetime low in early trading on Monday as a sharp surge in global crude oil…