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The British Pound may move lower against the US Dollar and Japanese Yen after prices turned lower at key chart barriers despite upbeat second-quarter GDP data.
Key benchmark indices rebound after a sluggish start as strong global cues aid recovery The benchmark index showed further correction initially in the first two trading sessions and made a low at 15,578.55. Post-that, a bull came into action, and further recovery in the index was witnessed. It recovered more than 250 points from the weekly low and settled at 15,850.40 levels on the Friday session while Bank Nifty ended the week at 35,034.40 levels. Sectoral indices like Nifty Auto, PSU Bank and Media were the top weekly laggards, whereas Nifty IT and FMCG were the prime gainers on a weekly ...
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Crude Oil Prices May Keep Falling as PMI Data Shows Inflation Swell of clients are net short. Long News of clients are net short. Long News of clients are net short. Long News of clients are net short. Long News 2021-05-21 07:02:00 Ilya Spivak, Head Strategist, APAC CRUDE OIL OUTLOOK: Markets see US-Iran thaw bringing significant supply boost US, UK PMI data in focus for signs of sticky inflation ris...
Crude Oil Price Drop May Continue on Inflation Impact Fears of clients are net short. Long News of clients are net short. Long News of clients are net short. Long News of clients are net short. Long News 2021-05-20 07:05:00 Ilya Spivak, Head Strategist, APAC CRUDE OIL OUTLOOK: Wall Street index futures warn that deeper losses are in the cards ahead Technical positioning hints WTI may fall to challeng...