Market Outlook

Market Outlook

Bitcoin back under US$56K

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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OPEC+ starts two days of talks amid oil price gyrations, Omicron fears

Brent Oil was trading 3.43% up at $73.70. OPEC and its allies begin two days of meetings on Wednesday to decide whether to release more oil into the market or restrain supply amid big gyrations in crude prices and...

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Global jet fuel demand under pressure from Omicron, border curbs

Brent Oil was trading 2.43% down at $71.70. Global jet fuel markets stayed under pressure on Tuesday as more countries expanded border restrictions to keep the new Omicron coronavirus variant at bay, prompting travellers to reconsider their plans. Jet...

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Brent Crude futures

Oil rebounds on speculation OPEC+ may pause output increase

Brent Oil was trading 4.68%up at $74.87. Oil prices rebounded on Monday as investors looked for bargains after Friday’s slump and on speculation that OPEC+ may pause an output increase in response to the spread of Omicron, but the...

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Oil prices

Oil prices off 7-week lows but under pressure as release of reserves eyed

Brent Oil was trading 0.74%down at $81.87. Oil prices came off seven-week lows on Monday but remained under pressure after Japan said it was weighing releasing oil reserves and as the COVID-19 situation in Europe worsened, raising concerns about...

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Brent Oil

Asia looks at SPR shock treatment for high oil prices after U.S. request

Brent Oil was trading 0.45%down at $79.97. Some of the world’s biggest crude oil buyers said on Thursday they are looking at tapping strategic oil reserves after several sources told Reuters the United States had requested a coordinated move...

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Brent Crude futures

Oil drops as U.S. gasoline stock draw boosts prospects of SPR release

Brent Oil  was trading 1.19% down at  $81.39. Oil fell on Wednesday after an industry report showed U.S. gasoline stocks dropped more than expected last week, potentially heightening pressure on the Biden administration to release oil from emergency reserves to...

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Brent Crude Oil

Oil rises on tight inventories, demand worries limit gains

Brent Oil was trading 0.53%up at $82.61. Oil prices rose on Tuesday, supported by the prospect of tight inventories across the globe, although the gains were capped by forecasts of an increase in global production in coming months and...

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Brent Oil trading

Oil industry calls for inclusivity under climate efforts

Brent Oil was trading 1.59%down at $80.81. Energy producers gathered in Abu Dhabi following the COP26 U.N. climate talks called on Monday for greater inclusivity that would see more investment in hydrocarbons for energy security as they work to...

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Oil prices steady after falling on signs U.S. may release more reserves

Brent Oil was trading 0.06% down at $82.58. Oil prices were steady on Thursday after falling in the previous session on concerns rising inflation in the United States, spurred by climbing energy costs, may prompt the government to release...

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Oil rises on surprise U.S. crude stockpile decline

Brent Oil was trading 0.48% up at $85.15. Oil prices rose on Wednesday, extending strong gains in the previous session, after industry data showed U.S Crude stocks unexpectedly fell last week just as near-term travel demand picked up with...

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Oil Rally Slows as U.S. Hints at Actions to Quell Rising Prices

Brent Oil was trading 0.41% up at $83.77. Oil eked out a gain as Saudi Arabia is raising prices, but the rally cooled after the U.S. signaled measures to ease oil and gasoline prices. Futures in New York closed...

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Brent Crude Oil

Oil gains after U.S. passes infrastructure bill, Chinese exports rise

Brent Oil was trading 1.08%up at $83.62. Oil prices rose on Monday on the back of positive signs for global economic growth, supporting energy demand, while Saudi Arabia’s state-owned producer Aramco raised the official selling price for its crude....

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WTI crude futures

Oil slips after API data shows U.S. inventory build-up

Brent Oil was trading 1.89% downat $83.11. Oil prices fell on Wednesday as industry data pointed to a big build in crude oil and distillate stocks in the United States, the world’s largest oil consumer, and as pressure mounted...

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Brent Crude Oil

Oil steadies near $85 as supply lags, U.S. inventories eyed

Brent Oil was trading 0.25% downat $84.50. Oil steadied near $85 a barrel on Tuesday, not far from a multi-year high, supported by signs that supply from OPEC and other producers is falling short, although expectations of a rise...

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Brent Oil

Oil drops on China fuel reserves release; OPEC+ meeting in view

Brent Oil was trading 0.53% downat $83.26. Oil prices dropped on Monday as China’s release of gasoline and diesel reserves eased concerns over tight global supply, while investors cashed in ahead of a Nov. 4 meeting of major crude...

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Brent Crude Oil News

Oil rally resumes as OPEC+ seen keeping supply tight

Brent Oil was trading 0.48% upat $84.03. Oil rose further above $84 a barrel on Friday, within sight of a multi-year high hit this week, as expectations OPEC and its allies will keep supply tight countered rising U.S. inventories...

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Brent Oil

Oil plunges to 2-week low on U.S. inventory shock, rise in COVID-19 cases

Brent Oil was trading 0.75% downat $83.32. Oil prices slumped to their lowest in two weeks after official figures showed a surprise jump in U.S. inventories of crude, and rising cases of COVID-19 in Europe, Russia, and some outbreaks...

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Oil drops more than 1% as U.S. stockpiles sap rally

Brent Oil was trading 1.19% down at $84.64. Oil prices fell on Wednesday after industry data showed crude oil stockpiles rose more than expected and fuel inventories increased unexpectedly last week in the United States, the world’s largest oil...

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Brent Oil trading

Oil prices extend gains to multi-year highs on tight supply

Brent Oil was trading 0.72% upat $85.25. Oil prices climbed on Monday, extending pre-weekend gains to hit multi-year highs as global supply remained tight amid solid fuel demand in the United States and elsewhere in the world as economies...

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Oil Prices

Oil Mixed, Losses Capped by Solid U.S. Demand, Global Energy Crunch

Brent Oil was trading 0.65% downat $85.27. Oil was mixed Thursday morning in Asia, giving up some earlier gains as some investors scooped up profits from a recent rally. However, solid demand in the U.S. and a switch to...

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Oil drops as China considers intervention to ease coal crunch

Brent Oil was trading 0.98% down at $84.25. Oil prices fell on Wednesday after the Chinese government stepped up efforts to tame record high coal prices and ensure coal mines operate at full capacity as Beijing moved to ease...

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Brent Oil

MARKET OUTLOOK – Oil prices rise on China energy demand concerns

Brent Oil was trading 0.84% upat $85.06. Oil prices rose on Tuesday as a supply crunch in natural gas, electricity and coal continued across the globe while falling temperatures in China revived concerns over whether the world’s biggest energy...

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Brent Oil Trading

Oil prices climb as COVID recovery, power generators stoke demand

Brent Oil was trading 0.92% up at  $85.64. Oil prices hit multi-year highs on Monday buoyed by recovering demand and high natural gasand coal prices encouraging users to switch to fuel oil and diesel for power generation. Brent Crude Oilfutures...

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Brent Crude oil

Oil prices scale $85/bbl on back of supply deficit

Brent Oil was trading 0.79% upat $84.76. Oil prices hit a fresh three-year high on Friday, climbing above $85 a barrel on forecasts of a supply deficit over the next few months as rocketing gas and coal prices stoke...

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Brent Crude futures

Oil prices climb on upgrade to IEA demand forecast

Brent Oil was trading 1.13% upat $84.22. Oil prices rose by about 1% on Thursday after the International Energy Agency said that record natural gasprices will boost demand for oil and top oil producer Saudi Arabia dismissed calls for...

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Brent Crude futures

Oil falls on concerns of faltering economic growth to hit demand

Brent Oil was trading 0.60% downat $82.92. Oil prices edged down on Wednesday on concerns that oil demand growth will fall as major economies suffer through inflation and supply chain issues though surging prices for power generation fuel such...

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Brent Oil trading

Oil nears three-year high on energy crunch fears

Brent Oil was trading 0.27% upat $83.82. Oil rose towards $84 a barrel on Tuesday, within sight of a three-year high, supported by a rebound in global demand that is contributing to energy shortages in big economies such as...

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NeML partners with FINCHAIN for trade-financing options

NCDEX e Markets Limited (NeML), a leading integrated e-Markets platform for commodities and intangibles, on Thursday announced its agreement with ...
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Gold rate today: Yellow metal slips Rs 100 as dollar firms up

NEW DELHI: Gold prices eased on Thursday hurt by a strong dollar but concerns on virus uncertainty capped downside. Meanwhile, ...
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Oil rises on views OPEC+ may pause supply addition amid Omicron fears

TOKYO: prices rose on Thursday, reversing the previous day's losses, on expectations OPEC+ may pause supply additions amid growing concern ...
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Gold edges lower as dollar uptick dims appeal

Gold prices eased on Thursday hurt by a firmer , as investors assessed how central banks are likely to respond ...
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Gold tumbles Rs 302; silver declines Rs 81

New Delhi: Gold in the national capital on Wednesday tumbled Rs 302 to Rs 46,848 per 10 gram reflecting an ...
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Oil rises 1% ahead of OPEC meeting under Omicron cloud

MELBOURNE: Oil prices clawed back some losses on Wednesday after steep falls in the previous session, as major producers prepared ...
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Gold hovers near 1-month low on Fed chair’s hawkish comments

Gold edged higher on Wednesday, hovering close to a one-month low, after the U.S. Federal Reserve Chair Jerome Powell said ...
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Gold jumps Rs 41; silver cracks Rs 667

New Delhi: Gold in the national capital on Tuesday jumped Rs 41 to Rs 47,217 per 10 gram in line ...
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Oil prices rise on bets OPEC+ will hold off output hike

MELBOURNE: Oil prices climbed on Tuesday, extending a rebound from last week's plunge on growing expectations major producers would pause ...
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Gold flat as cautious investors gauge Omicron virus impact

Gold prices were flat on Tuesday, as cautious investors assessed the extent to which the Omicron coronavirus variant could hurt ...
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Bharat Bond ETF third tranche to launch tomorrow: What you need to know before subscribing

NEW DELHI: The government has announced the third tranche of its flagship Bharat Bond Exchange Traded Fund with a new ...
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NSE Indices launches new Nifty Bharat Bond Index

NEW DELHI: NSE’s index services subsidiary, NSE Indices, on Thursday said it has launched one more index under the Nifty ...
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Indian firms raise $1.34 bn from foreign markets in October; down 34% from last year

Mumbai: Indian companies raised nearly USD 1.34 billion from foreign markets in October this year, down 34 per cent from ...
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Greenko plans to raise up to $1 bn via offshore bonds

MUMBAI: Hyderabad-based Greenko Energy, backed by Singapore sovereign wealth fund GIC, plans to raise up to $1 billion from international ...
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Bharat Bond ETF third tranche to hit markets on Dec 3 to raise around Rs 5,000 crore

New Delhi: The third tranche of Bharat Bond ETF will be launched on December 3 to raise around Rs 5,000 ...
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ICICI Pru aims to raise Rs 2,000 crore via maiden alternative fund

ICICI Prudential Asset Management Company is planning to raise up to Rs 2,000 crore through its maiden credit alternative investment ...
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Edelweiss Financial Services’ board approves fundraising up to Rs 1,000 crore via NCDs

New Delhi: ' board has approved a public issue for raising up to Rs 1,000 crore through non-convertible debentures, half ...
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Fitch affirms ICICI Bank rating with negative outlook

Mumbai: Fitch Ratings has affirmed 's ratings at 'BB+' with a negative outlook and retained the lender's viability rating at ...
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RBI signals normalisation via secondary sales of G-Secs

Mumbai: The Reserve Bank of India has sold ₹1,435 crore worth of sovereign securities cumulatively in the secondary market over ...
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Bharat Bond ETF’s 3rd tranche to raise Rs 5,000 cr, offers 6.8%

Mumbai: The third tranche of the Bharat Bond ETF is aiming to raise as much as ₹5,000 crore, offering an ...
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Coca-Cola revenue rises past estimates on easing pandemic curbs

Coca-Cola Co UP 0.66% AT 53.68 Coca-Cola Co trounced Wall Street estimates for quarterly revenue on Monday, fuelled by strong demand for its beverages from the gradual reopening of restaurants and cinema theatres following accelerated vaccine rollouts. Net revenue...

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European Stock Futures Lower, Consolidating Ahead of ECB Meeting

European stock markets are seen opening slightly lower Monday, consolidating from record levels with the corporate earnings season to continue and investors awaiting the latest European Central Bank meeting. At 3:05 AM ET (0705 GMT), the DAX futures contract...

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