MUMBAI, Jan 2 Reuters The Indian rupee ended weaker on Tuesday, in line with broad weakness in Asian currencies, and pressured by U.S. dollar demand from oil companies and foreign banks. The rupee ended at 83.3175, lower by 0.1 compared with its close at 83.2375 in the previous session. The dollar index rose to 101.6 […]

Marks and Spencer rises on ratings upgrade HSBC dips after co completes retail banking unit sale in France FTSE 100 down 0.2, FTSE 250 off 0.5 Jan 2 Reuters London stocks started the year on a sombre note, dragged by losses in life insurance shares and a rise in treasury yields, ahead of the benchmark […]

Jan 2 Reuters Major stock markets in the Gulf fell in early trade on Tuesday in the absence of fresh catalysts, although the Saudi index bucked the trend to trade higher. The Qatari index dropped 1.2 and was on course to snap eleven sessions of gains, weighed down by a 2.8 decline in Qatar Islamic Bank and […]

BENGALURU, Jan 2 Reuters India39;s benchmark indexes fell on Tuesday, dragged by financials and information technology stocks, as selling pressure emerged near record high levels. The bluechip NSE Nifty 50 fell 0.42 to 21,649.90 points, while the SP BSE Sensex shed 0.50 to 71,900.29, as of 1025 a.m. IST. Since the markets have factored in all the […]

Sterling up nearly 6 in 2023, most since 2017 Markets no longer see BoE lagging much with rate cuts Weak economy, slowing inflation negative for pound Election likely in 2024, could add volatility LONDON, Jan 2 Reuters Sterling just had its best year against the dollar since 2017, yet a weakening economy and election uncertainty […]

SINGAPORE, Jan 2 Reuters The dollar crept higher on the first trading day of the year as attention turned to economic data this week that may provide clues on the Federal Reserve39;s next moves, while bitcoin surged ahead of 45,000 for the first time since April 2022. The dollar index , which measures the U.S. […]

Gold gained 13 this year, hitting a record high in early Dec Bullion could hit 2,300 on Fed rate cuts next year J.P. Morgan Autocatalyst palladium braces for worst yearly fall since 2008 Dec 29 Reuters Gold investors anticipate record high prices next year, when the fundamentals of a dovish pivot in U.S. interest rates, […]

Shipping cos up, Red Sea attacks aid hopes for higher rates Nokia expects it will not meet fullyear financial targets Euro zone economy likely entered recession last year PMI Jan 2 Reuters Europe39;s benchmark stock index hit a near twoyear high on Tuesday with energy and banks stocks leading the charge, as investors entered 2024 […]