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Gold Little Changed as Spotlight Shifts to US Data

Traders expect first Fed rate cut in September Dollar index U.S. PCE report due on Friday April 24 Reuters Gold prices steadied on Wednesday as risk premiums over tensions in the Middle East eased while investors strapped in for U.S. economic data, due later in the week, that could offer clues to the Federal Reserve39;s […]
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Rupee Rises to TwoWeek High on Improved Risk Appetite

MUMBAI, April 24 Reuters The Indian rupee gained on Wednesday, aided by a recovery in risk appetite that helped lift Asian currencies, while dollarrupee forward premiums also ticked higher. The rupee was at 83.27 against the U.S. dollar as of 1015 a.m. IST, its strongest level since April 10 and higher than its close of […]
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USD Recovers from PMI Slump, JPY Closes in on 155 per USD

LONDON, April 24 Reuters The U.S. dollar regained some ground on Wednesday following big falls against the euro and sterling the day before, while the yen remained mired near 34year lows even as Japanese officials stepped up intervention warnings. The dollar index which measures the currency against six major peers including the euro, sterling and […]
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FTSE 100 Extends Record Run on Earnings Optimism

Reckitt Benckiser jumps on beating estimates for sales growth Burberry falls after rival Kering39;s profit warning FTSE 100 up 0.5, FTSE 250 flat April 24 Reuters Britain39;s FTSE 100 index extended its record run on Wednesday as a strong earnings update from Reckitt Benckiser and gains in commodity stocks offset losses in Burberry and Lloyds […]
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Hitachi Energy Eyes Expansion in India amid Rising Power Demand

HYDERABAD, April 24 Reuters Hitachi Energy is looking to open more global capability centers in India to expand local operations, amid growing energy demand and a push to scale up renewable energy generation in the country. Zurichbased Hitachi Energy, which makes transformers and largescale power transmitters, operates a GCC in the country, where high power demand has […]
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Reckitt Beats Quarterly LikeforLike Sales Estimates

LONDON, April 24 Reuters Consumer goods group Reckitt39;s likeforlike sales growth beat estimates in the first quarter as more people bought its Lysol, Dettol and Finish cleaning products even as prices rose, it said in a trading update on Wednesday. The company said it was on track to meet fullyear revenue and profit targets, led by […]
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