Asian markets traded mostly lower while the US stocks ended mixed overnight with a rally in technology stocks. On Tuesday, the Indian stock market indices ended with sharp gains after hitting fresh record highs during the session. The Sensex surged 712.44 points, or 0.92%, to close at 78,053.52, while the Nifty 50 settled 183.45 points, … Read more
Crude oil prices rose by more than $1 per barrel on Tuesday, May 28, on the expectations that the Organization of the Petroleum Exporting Countries and allies (OPEC+) will maintain the current crude supply curbs, while a weaker US dollar made the commodity more attractive to holders of other currencies. The July contract for global … Read more
Gold prices surged, supported by a decline in the U.S. dollar, as investors awaited upcoming data to assess inflation trends, crucial for understanding the Federal Reserve’s approach to interest rates, on Tuesday. At 09:58 a.m. EDT (1358 GMT), spot gold climbed 0.5% to $2,182.77 per ounce after spiking by as much as 1.3% earlier in … Read more