German Investor Morale Tumbles in August

BERLIN, Aug 13 Reuters German investor morale darkened more than expected in August, posting its strongest decline in two years, the ZEW economic research institute said on Tuesday. The economic sentiment index fell to 19.2 points from 41.8 points in July. Analysts polled by Reuters had pointed to a reading of 32.0. The economic outlook […]
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Oil Prices Steady as Markets Refocus on Demand Concerns

BENGALURU, Aug 13 Reuters Oil prices steadied on Tuesday after rising for five consecutive sessions, as markets refocused on concerns about demand after OPEC on Monday cut its forecast for demand growth in 2024 due to softer expectations in China. Benchmark Brent crude futures were down 30 cents, or 0.36, at 82.00 a barrel as of 0820 […]
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Top Private Lender HDFC Bank Weighs on Indian Shares

BENGALURU, Aug 13 Reuters Indian shares were marginally lower on Tuesday, weighed by a fall in top private lender HDFC Bank, which will likely see lowerthanexpected inflows because of a staggered adjustment of its weight on a key MSCI emerging market index. The NSE Nifty 50 index shed 0.23 at 24,288.25, as of 1031 a.m. IST, […]
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Gold Dips as Investors Book Profits, US Data in Focus

U.S. CPI data due on Wednesday Gold hits over 1week high earlier Silver down more than 1 Aug 13 Reuters Gold prices eased on Tuesday as profittaking kicked in after bullion hit a more than oneweek high, while market players awaited key U.S. inflation data that could provide further insight into the Federal Reserve39;s next […]
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