Metals News
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One of Britain’s top hedge fund managers lost a legal fight over the salvage of $40 million of silver from the wreck of a ship sunk by a Japanese submarine in World War II. The UK’s Supreme Court on Wednesday declared that the South African government could assert state immunity in a suit brought by a company controlled by hedge fund chief Paul Marshall. At ...
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A vehicle of a private logistics company that was carrying 810 kg gold bars, worth approximately `562 crore from Coimbatore to Salem overturned on the roadside near Chithode early on Tuesday. Police said the gold belonged to a private dealer and there was no illegality in it. An officer in Erode district police said, “The van left Coimbatore for Salem on ...
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When it comes to Contracts for Difference (CFDs), one of the most common questions among traders is how long do you hold a CFD? Unlike some financial instruments, CFDs do not have a fixed expiry date and therefore traders can use different trading strategies at their will. Nevertheless, the period that you keep a derivative will affect both your trading ...
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Bitcoin experienced a slight decline of 0.2% against the dollar in the last session, following a notable rise of 1.8% earlier in the session. The Rate of Change (ROC) indicator is signaling positivity. Amazon shares experienced a minor correction, dropping by 0.1% in the last session. However, the Moving Average Convergence Divergence (MACD) indicator is ...
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post: PBOC SETS YUAN MID-POINT AT 7.1016 / DLR VS LAST CLOSE 7.2181PBOC sets USD/ CNY mid-point today at 7.1016 (vs. estimate at 7.2202) The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. • USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate. • CNH is the offshore yuan. USD /CNH has no restrictions on its trading range. • A significantly stronger or weaker rate than expected is typically considered a signal from the PBOC. The previous close was 7.2181. PBOC injects 2bn via 7-day RR, sets rate at an unchanged 1.8%.
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A vehicle of a private logistics company that was carrying 810 kg gold bars, worth approximately `562 crore from Coimbatore to Salem overturned on the roadside near Chithode early on Tuesday. Police said the gold belonged to a private dealer and there was no illegality in it. An officer in Erode district police said, “The van left Coimbatore for Salem on ...
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As tensions rise in the South China Sea and the threat of a war over Taiwan becomes more palpable, the US Pentagon is stepping up its regional defense diplomacy in a potent ...
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The Reserve Bank is now assuming Australians will see no interest rate cuts this year – and quite possibly none before the next federal election, due next May. That’s a big change ...
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China's economy is poised for a steady rebound throughout this year, underpinned by consumption-led recovery, a robust foundation laid in the first quarter and the gradual ...
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Bank of Japan Governor Ueda: • Don't see yen moves as having a big impact on trend inflation so far but there is risk impact could become more significant in the future. • Don't ...
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According to preliminary information from the Federal Statistical Office (Destatis), real (price-adjusted) production in the manufacturing sector fell by 0.4% in March 2024 ...
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Gold prices are holding near the 50-period simple moving average (SMA) and the mid-level of the Bollinger band, trading within a sideways channel of 2,277-2,332 in the 4-hour chart. According to technical oscillators, the MACD is losing momentum beneath its trigger line in the positive territory, while the RSI is ticking down, meeting the neutral threshold ...
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Bitcoin experienced a slight decline of 0.2% against the dollar in the last session, following a notable rise of 1.8% earlier in the session. The Rate of Change (ROC) indicator is signaling positivity. Amazon shares experienced a minor correction, dropping by 0.1% in the last session. However, the Moving Average Convergence Divergence (MACD) indicator is ...
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CME Group, the world's leading derivatives marketplace, today reported its April 2024 market statistics set a new average daily volume (ADV) record of 26.5 million contracts for the month, up 33% from April 2023, with double-digit growth across all asset classes. Additionally, interest rate, equity index, foreign exchange and options products set new April ...