Trend In US Dollar May Continue To Decide Direction Of Commodities
In the near term, market focus will be on how soon US stimulus is approved as well as economic data from major economies.
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In the near term, market focus will be on how soon US stimulus is approved as well as economic data from major economies.
Nikkei 225 closed 0.14% lower and Australia’s ASX 200 ended 0.63% lower. Hong Kong, mainland China, South Korea, Taiwan and Singapore, were shut for Chinese New year weekend
Japanese 'Nikkei' reached three-decade highs on Monday. It closed at 29388.50 up 609.31 points or 2.01%
Gold gains on lower yields, US stimulus hopes Spot gold rose 0.3% to $1,859.68 per ounce by 0329 GMT. U.S. gold futures gained 0.2% to $1,859.10. Reuters Gold Gold prices firmed on Tuesday as U.S. Treasury yields eased and the metal's appeal as an inflation hedge was boosted by expectations that a large U.S. stimulus would be passed eventually. Spot gold rose 0.3% to $1,859.68 per ounce by 0329 GMT. U.S. gold futures gained 0.2% to $1,859.10. U.S. Senate Majority Leader Chuck Schumer told MSNBC that Democrats may try to pass much of President Joe B...
FDI is likely to exceed $50 billion this year while FPI flows into equity (around $20 billion of net equity investments YTD) are likely to reach record levels.