Spot gold extended its losing streak to the fifth consecutive day Friday as the metal closed with a loss of 0.85% at $1,648.73. Gold ended the week, the month and the quarter lower. High US yields and a strong Dollar continue to act as headwinds against the metal as investors see the US Federal Reserve … Read more
The metal benefitted from the peak rate narrative being pushed by the markets as inflation readings in the US, Australia, New Zealand, and the UK came in short of forecast, which has given rise to a possibility of key central banks soon hitting a pause button in their rate hike mission aimed at reining in … Read more
Bond investors are having to regroup after last week’s Federal Reserve meeting dealt a crippling blow to a strategy that many on Wall Street had banked on at the start of the year.Back then, wagering that short-term yields would decline relative to longer-term ones seemed a sure bet with the Fed expected to finally stop … Read more
Ginger harvested from a plot in Kulathoor grama panchayat. The spice was grown under the panchayat’s ‘Inji Gramam’ scheme | Photo Credit: Aswin V N An agrarian village well known for its paddy and banana, 35 kilometres from Thiruvananthapuram, is rooting for ginger. For the first time, VK Girijanadhan Nair had to dig up his … Read more
April 6: Gold eased on Wednesday as hawkish comments from U.S. Federal Reserve officials boosted the dollar and Treasury yields to multi-year highs, denting the safe-haven metal’s appeal. FUNDAMENTALS * Spot gold was down 0.2% at $1,920.87 per ounce, as of 0114 GMT. U.S. gold futures fell 0.3% to $1,920.90. * The dollar scaled a … Read more
India is inching toward a major milestone: opening its $1 trillion government bond market to more international investors, one of the most ambitious attempts to attract foreign inflows since the country liberalized its economy three decades ago. Policy makers have spent months preparing to join global indexes, key benchmarks that increasingly determine how large asset … Read more
HONG KONG: Share markets were jittery in early Asia on Wednesday as trading was buffeted by a step-up in U.S. Treasury yields as well as volatile oil prices in the face of price-cooling moves by the United States and other nations. MSCI‘s broadest index of Asia-Pacific shares outside Japan slid 0.24%, while Japan’s benchmark Nikkei … Read more
By Cara MurezHealthDay Reporter FRIDAY, Sept. 17, 2021 (HealthDay News) – Researchers hoped to show that the natural antioxidant urate could delay Parkinson’s disease progression, but a study completed at Massachusetts General Hospital dashed those expectations. The trial enrolled nearly 300 individuals recently diagnosed with early Parkinson’s disease, which affects the body’s motor system. Symptoms … Read more
By Subhadip Sircar A rally in India’s sovereign bonds, fueled by mutual funds and overseas investors after weeks of indifference, has left most Mumbai traders baffled at their sudden fortune. Yields dropped across the curve last week, with those on the benchmark 10-year bond declining ten basis points, the biggest weekly drop since April. Government … Read more
However, the central bank accepted Rs 26,853 crore in other three sets of long -term papers in excess of the planned auction size. Synopsis An unexplained skew in the yield curve has meant that lower-tenure sovereign bonds are generating nearly as much as the 10-year benchmark. In such a rate environment, project-financing corporate bonds — … Read more