Forex Trading

Forex Trading

Emerging markets suffered an influx of $9.8 billion in March, the first in 12 months

    Emerging market (EM) debt and equities suffered an outflow of $9.8 billion from foreign portfolio investors in March 2022. This was the first net inflow month since March 2021, according to the Institute of International Finance (IIF). “We see investors have a higher sensitivity to risk with growing concern about geopolitical events, tightening […]

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Forex Trading

Gold stabilizes as inflation tensions offset US interest rate hike bets

Gold prices stabilized on Wednesday as fears of rising inflation offset expectations of a strong interest rate hike by the US Federal Reserve, while markets also waited for the minutes of the central bank’s latest policy meeting. Gold XAU = little changed at $1,924.65 an ounce by 10:49AM ET (1449 GMT), US GCv1 […]

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Forex Trading

Some Indian refineries are preparing to cut Saudi oil production in May, snapping up Russian barrels

by Nidhi Verma NEW DELHI (Reuters) – At least two Indian companies plan to buy less Saudi oil than usual in May, two sources said on Wednesday, after the kingdom raised its official selling price to record levels in Asia as India increased its purchases of Saudi oil. cheap russian ore […]

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Forex Trading

Radisson opens Oslo Airport’s largest hotel

Radisson RED primarily targets millennials, with a strong emphasis on modern design and art. The complex has 224 rooms of this brand, the other three hundred rooms can be found in the more traditional Radisson Hotel & Conference Center. The design of the rooms is inspired by the Scandinavian lifestyle, with many natural materials. Both […]

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Forex Trading

The number of air passengers rises worldwide due to relaxed travel rules

It is the first time since the outbreak of the corona crisis that IATA dares to draw a comparison with the previous year in its monthly report. Until now, the figures have been mirrored to those of the ‘normal’ situation from 2019. The aviation body warns that the new method sometimes leads to gigantic increases. […]

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Forex Trading

After New York, JetBlue also connects Boston with two busiest London airports

Flights between Boston and Gatwick will start on July 19, followed by a connection to Heathrow on August 22. According to Hayes, the flights from New York to London, which started last year, have been a great success. In total, JetBlue will offer four flights a day between the US and Great Britain this summer. […]

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Forex Trading

Gold fell due to weak strong dollar; Focus on Fed Minutes

Gold prices fell on Wednesday in choppy trading as a strong dollar and the prospect of a Federal Reserve interest rate hike kept non-yielding bullion near a one-week low. Spot XAU Gold = down 0.1% to $1,921.60 an ounce by 8AM ET (1200 GMT). US GCv1 gold futures were down 0.2% at $1,924.40. […]

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Forex Trading

Wall Street dips at the open amid rising interest rates jitters; Fed Minute Eyes

Wall Street’s major indexes opened lower on Wednesday, indicating a second day of selling on Wall Street as investors fear aggressive moves by the Federal Reserve to tackle inflation, focusing on the minutes of the central bank’s March meeting. The Dow Jones Industrial Average fell 120.8 points, or 0.35 percent, to 34,520.34 at […]

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Forex Trading

Sebi comes up with new guidelines for KYC registration agencies

Sebi on Wednesday issued new guidelines for KYC Registration Agencies (KRAs) whereby these agencies are required to independently verify the KYC records of all clients from July 1. The move follows Sebi’s notification, in January, of new criteria to make KRAs responsible for conducting independent verification of KYC records uploaded to their system […]

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Forex Trading

CNG prices in Delhi, Mumbai and Gujarat are rising sharply

CNG prices in Delhi, Mumbai and Gujarat saw sharp increases on Wednesday after the government raised prices of natural gas inputs to record levels. Mahanagar Gas Limited (MGL) raised the price of compressed natural gas (CNG) by Rs 7 per kg to Rs 67 per kg in Mumbai while Gujarat Gas raised rates […]

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