Rupee Falls to Record Low, Cenbank Likely Steps In

MUMBAI, March 27 Reuters The Indian rupee hit a record low on Wednesday on aggressive dollar bids by local oil companies, importers and equityrelated outflows, while likely central bank intervention capped losses, traders said. The rupee closed at 83.3725 against the U.S. dollar, down 0.1 compared with its close at 83.28 in the previous session. […]
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Gold Ekes Out Gains with all Eyes on US PCE Data

Central banks continue to report gold purchases analyst Focus on U.S. PCE data due on Friday Traders price in 70 chance of Fed rate cut in JuneCME FedWatch March 27 Reuters Gold prices edged higher on Thursday as investors awaited U.S. inflation data that could offer fresh clues about when the Federal Reserve will start […]
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European Shares Subdued ahead of Economic Data; HM Shines

Deutsche Bank hits 6year high on MS upgrade DS Smith jumps on 7.22 bln buyout offer Sweden39;s central bank keeps interest rates unchanged STOXX 600 down 0.1 March 27 Reuters European stocks struggled for direction on Wednesday after closing at a record high in the previous session as investors waited for more economic data due […]
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