By Asha Sistla (Reuters) – Gold prices were in a range-bound trade on Thursday, as markets exercised caution over the Russia-Ukraine conflict and ahead of U.S. inflation data that could offer fresh clues about the policy stance from the U.S. Federal Reserve. Spot gold was down 0.2% at $1,939.93 per ounce, as of 0517 GMT. …
Gold range-bound as markets eye Ukraine crisis, Fed policy stance Read More »
By Nidhi Verma and Noah Browning NEW DELHI/LONDON (Reuters) -Indian Oil Corp, the country’s top refiner, on Wednesday bought 3 million barrels of Russian Urals and 2 million barrels of West African oil through a tender for May loading, trade sources said. Urals crude has been purchased from trader Vitol on delivered basis at a …
Indian Oil buys 3 million barrels of Urals for May loading – trade sources Read More »
By Lawrence Delevingne (Reuters) -Wall Street pushed stocks and Treasury yields down on Wednesday after both had powered higher earlier in the week as investors took in the strength of the economy and hawkish comments from U.S. policymakers. Two-year U.S. Treasury yields have risen sharply so far in March and were set for their biggest …
Wall Street pulls back on stocks, Treasury yields dip Read More »
By Seher Dareen (Reuters) – Gold rose on Wednesday as unruly inflation and the intensifying Ukraine crisis fed demand for the safe-haven metal, although a firmer dollar and high bond yields put a lid on gains. Spot gold rose 0.8% to $1,937.52 per ounce by 2:05 p.m. ET (1805 GMT). U.S. gold futures settled up …
Gold gains on concerns over Ukraine crisis, inflation Read More »
By Aftab Ahmed, Aditi Shah and Aditya Kalra NEW DELHI (Reuters) -India has frozen plans to allow local firms to list overseas as it seeks to bolster its own capital markets, government officials and industry sources said, in a blow to foreign funds and stock exchanges seeking to tap into the country’s tech boom. New …
Exclusive-India mothballs plan to let local firms list overseas -sources Read More »
BENGALURU (Reuters) -Financial and automobile stocks drove Indian shares lower on Wednesday as investors weighed higher oil prices in the absence of any major domestic trigger. The blue chip NSE Nifty 50 index ended down 0.40% at 17,245.65, while the benchmark S&P BSE Sensex fell 0.53% to 57,684.82. A rally in information technology stocks and …
Financial, auto stocks drive Indian shares lower as investors weigh higher oil prices Read More »
By Tom Hals (Reuters) – Hundreds of companies have said they are withdrawing or suspending operations in Russia after its invasion of Ukraine, from energy producer Shell Plc to carmaker Hyundai Motor Co to PwC, a global professional services firm. The following is a look at how insurance and international arbitration might soften the blow …
Explainer-Can companies leaving Russia recoup losses through insurance? Read More »
(Reuters) – Gold prices fell on Wednesday as U.S. Treasury yields gained after Federal Reserve officials insisted on sharper interest-rate hikes to combat inflation, although concerns over the Ukraine crisis slowed bullion’s decline. FUNDAMENTALS * Spot gold was down 0.2% at $1,918.29 per ounce by 0130 GMT. U.S. gold futures also slipped 0.2% to $1,918.40. …
Gold slips on higher yields, Ukraine worries limit losses Read More »
By Lawrence Delevingne BOSTON (Reuters) -Treasury yields marched higher on Tuesday, bringing U.S. stocks with them, as investors digested the increased likelihood of swift interest rate hikes following hawkish comments from the U.S. Federal Reserve. The Nasdaq led Wall Street’s main indexes higher, rising nearly 2%, as investors bought the dip in technology stocks, including …
Wall Street stocks, Treasury yields rise on hawkish Fed comments Read More »
By Laura Sanicola (Reuters) -Oil edged lower on Tuesday after it looked unlikely that European Union nations would agree to join the United States in a Russian oil embargo in retaliation for its invasion of Ukraine. EU foreign ministers were split on the ban as some countries, including Germany, say the bloc is too dependent …
Oil edges lower as EU looks less likely to ban Russian oil Read More »
