US ADP employment report due at 1315 GMT Longerterm bullish trend for gold remains intact analyst Spot gold may test support at 2,621 technicals Dec 4 Reuters Gold prices edged up on Wednesday helped by safehaven demand, while markets awaited U.S. jobs data and comments from Federal Reserve Chair Jerome Powell for cues on the […]

Korean stocks, won hit by martial law declaration Political turmoil adds to Korea39;s investment risk premium Foreign investors have withdrawn 14 bln from Korean stocks since August SINGAPORE, Dec 4 Reuters Global investors have always valued South Korea below other markets for reasons ranging from tensions with the North to the tight structures of its […]

South Korea39;s Yoon lifts martial law, honors parliamentary vote US dollar trims losses vs yen after JOLTS report China39;s yuan falls vs dollar on tariff uncertainty Fed officials steer clear of giving December rate guidance NEW YORK, Dec 3 Reuters The euro rose modestly against the U.S. dollar on Tuesday, as political turmoil in France […]

MUMBAI, Dec 4 Reuters The Indian rupee logged its weakest closing level on record on Wednesday, hurt by a lingering deprecation bias and broadbased dollar bids while dollarrupee forward premiums extended their decline. The rupee closed at 84.74 against the U.S. dollar, its lifetime closing low, down from 84.6850 in the previous session. The rupee […]

MUMBAI, Dec 3 Reuters The Indian rupee hit an alltime low on Tuesday weighed down by a broadly stronger dollar and a slump in the offshore Chinese yuan to a oneyear low, while persistently strong dollar bids in the nondeliverable forwards market also exerted pressure. The rupee touched a low of 84.7575 before closing slightly […]