Gold dipped to 1832 on Wednesday morning, pulling back to a critical support line in the form of the 200day moving average, losing more than 11 from the peak levels reached in early March. Gold has been under systematic pressure for the past month and a half amid a rally in the dollar. In addition […]

BENGALURU, May 11 Reuters Indian shares on Wednesday fell to their lowest in two months, extending losses for a fourth straight session as oil prices rose, while investors kept an eye out for U.S. inflation data for cues on the Federal Reserve39;s rate hike plans. The NSE Nifty 50 index was down 0.45 at 16,167.10 at […]

May 11 Reuters The Russian rouble pared early losses and surged past 68 against the U.S. dollar on Wednesday, boosted by capital controls, while stocks were mixed after a long weekend. The rouble has been volatile for weeks in thin trade in Moscow, propped up by capital controls but pressured by concerns about more sanctions […]

MILAN, May 11 Reuters World shares rose on Wednesday and bond yields slipped further below recent peaks ahead of inflation data in the United States that will offer a guide to how aggressively the Federal Reserve will raise rates. European equities extended their bounce from twomonth lows and U.S. futures also gained before the release […]

LONDON, May 11 Reuters The dollar held close to a twodecade high on Wednesday as investors waited for the latest U.S. inflation data to assess how aggressively the Federal Reserve will have to tighten monetary policy to keep rising prices in check. The dollar index , which measures the currency39;s strength against a basket of […]

Rates as of 0500 GMT Market Recap Official comments on fighting inflation dominated trading yesterday. NY Fed President Williams V reiterated the Feds plan to move expeditiously in bringing the federal funds rate back to more normal levels this year and said he thought there was a good chance the Fed could achieve a soft, […]