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Jan 6, 2021 13:42 GMTFXStreet News USD/CHF continues to push lower for third straight day. US Dollar Index extends slide to fresh multi-year lows. Eyes on key US data releases and FOMC Minutes. The USD/CHF pair closed the first two days of the week lower and continued to push lower on Wednesday with the greenback struggling to find demand. As of writing, the pair was trading at its worst level since January 2015 at 0.8758, losing 0.29% on a daily basis. USD selloff remains intact The greenback ...

Toggle navigation IHS Markit is a world leader in critical information, analytics and solutions for the major industries and markets. Services activity, new business expand at slower rates in Dec: IHS Markit ANI | Updated: Jan 06, 2021 13:42 IST New Delhi [India], January 6 (ANI): Indias service sector continued to recover from the coronavirus disease 2019 (COVID-19) induced contractions seen through most of 2020 with output and new business rising fo...

Bears gained ground in the last hour of trade and brought the indices 10-day winning streak to a halt on Wednesday as heavyweight stocks such as Reliance Industries, Infosys, ITC, TCS, and HUL witnessed sharp profit booking. On the economic front, growth in Indias dominant services industry continued to lose momentum in December as a resurgence in coronavirus infections weighed on new business and employment. The Nikkei/IHS Markit Services Purchasing Managers Index fell to 52.3 in December fro...

US Market Open: Will the Democrats win control of the Senate? Joshua Warner January 6, 2021 12:20 PM The Democrats have won one of the seats and are confident of winning the second, which would swing control of the Senate to the Democrats from the Republicans. Share: US markets are expected to open mixed today as the Democrats edge toward controlling the ...

Growth in India's dominant services industry continued to lose momentum in December as a resurgence in coronavirus infections weighed on new business and employment, a private survey showed on Wednesday.

Despite pick-up in factory activity, there was sluggish demand for services. Growth in Indias dominant services industry continued to lose momentum in December as a resurgence in coronavirus infections weighed on new business and employment, a private survey showed on Wednesday. Asias third-largest economy has been gradually recovering from a coronavirus-induced recession but is not expected to return to pre-pandemic levels soon, especially within the service industry — the engine of economic...

Markets React to Georgia Elections, Banks and Industrials to Gain, Oil Reduced I will have to give some of my favorite tech names a haircut in the name of balance. Hopefully everyone gained some exposure to gold. Jan 06, 2021 | 07:24 AM EST Understand That the environment is whatever it is. While individuals can not change the big picture, said individuals are far from helpless. So... be pragmatic. If anticipation is impossible, trend recognition is not. Identify See both threats and op...

Govt considers creating bank with $13.7 bn equity to fund roads, ports India is considering a proposal to create a bank to help fund port, road and power projects as Prime Minister Narendra Modi’s administration aims to lift Asia’s third-largest economy out of the recession. The new entity, likely to be part of the budget announcement in February, may have an equity capital of 1 trillion rupees ($13.7 billion), people with knowledge of the matter said, asking not to be identified as the ma...

BMO Capital Markets chief investment strategist Brian Belski provides insight into the markets reaction to the ADP employment report and how it may accelerate another stimulus deal. U.S. stocks ended the session mixed in choppy trading even as pro-Trump protesters stormed Capitol Hill protesting Joe Bidens win in the presidential election, and as the nation awaits the likely confirmation of Democratic control of the legislative and executive branches of the U.S. government. Ticker

Dalal Street Week Ahead: Here are 10 key factors that will keep the traders busy Rusmik Oza of Kotak Securities expects the Nifty50 to go somewhere mid way of the 14,000 to 15,000 range in January. Sunil Shankar Matkar January 03, 2021 / 08:21 AM IST The positive global cues helped the market gain momentum after consolidation seen in the previous week, and close above psychological 14,000 mark on the Nifty50 for the week ended January 1, 2021. Th...