On Friday Global index publisher FTSE Russell said it will delete CNOOC Ltd from its global and China indexes due to the U.S. investment ban.
Read moreDue To U.S. Ban FTSE Russell Deletes CNOOC From Global And China Indexes
Market Investor
Gold Price Slips As U.S. Yields Gain, But Set For Best Week In Five
On Friday gold price fell as U.S. Treasury yields rose, though the metal was on course for its best week in five helped by hopes of a large U.S. stimulus. Spot gold fell 0.5% to $1,861.10 per ounce by 0724 GMT, retreating from its highest since Jan. 8 it hit on Thursday.
Read moreGold Price Slips As U.S. Yields Gain, But Set For Best Week In Five
Silver Price Daily Forecast – Test Of Resistance At $25.85
Silver settled above the 20 EMA at $25.55 and is trying to get above the next resistance at $25.85.
Read moreSilver Price Daily Forecast – Test Of Resistance At $25.85
Bitcoin Price Falls 10% After Report Suggests A Critical Flaw In The Cryptocurrency
On Thursday bitcoin price fell as much as 10%, hitting its lowest level in nearly three weeks as the popular cryptocurrency was hit with a double whammy that jolted faith in its user base.
Read moreBitcoin Price Falls 10% After Report Suggests A Critical Flaw In The Cryptocurrency
European Stock Markets Head For Higher Open Amid Optimism As Joe Biden’s Presidency Begins
European stocks are expected to open higher today amid optimism as U.S. President Joe Biden takes office. London’s FTSE is seen opening 39 points higher at 6,772, Germany’s DAX up 60 points at 13,971, France’s CAC 40 up 23 points at 5,648 and Italy’s FTSE MIB up 99 points at 22,689, according to IG.
Read moreEuropean Stock Markets Head For Higher Open Amid Optimism As Joe Biden’s Presidency Begins
India Is Not Happy With OPEC+ Crude Oil Production Cuts
India, one of the world’s top crude oil consumers, has slammed OPEC+ for creating confusion with its latest decisions regarding oil supply, with many oil importers seeing their expectations of higher volumes disappointed.
Read moreIndia Is Not Happy With OPEC+ Crude Oil Production Cuts
Gold Traders Await more Clarity on The New Administration’s Policies
Both physical gold and gold futures have started the first trading day of the week with fractional gains in spot gold, and marginal gains in gold futures.
Read moreGold Traders Await more Clarity on The New Administration’s Policies
Morgan Stanley Is Set To Report Fourth-Quarter Earnings Today
On Wednesday Morgan Stanley is set to report fourth-quarter earnings before the opening bell. Earnings: $1.27 a share, 2.4% lower than a year earlier, according to Refinitiv. Revenue: $11.5 billion, 6.3% higher than a year earlier.
Read moreMorgan Stanley Is Set To Report Fourth-Quarter Earnings Today
Indices near all-time high; Sensex up 300 Points Today, Nifty tops 14,600
On Wednesday the Indian benchmark indices were hovering at day’s high, up half a per cent, in Wednesday’s early afternoon deals, lifted by IT stocks. The S&P BSE Sensex was up 300 points at 49,700 levels and the Nifty50 index was slightly below the 14,600-mark.
Read moreIndices near all-time high; Sensex up 300 Points Today, Nifty tops 14,600
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