Investing.com - Gold prices edged higher on Tuesday, as the metal drew support from a weaker U.S. dollar and growing expectations that the Federal Reserve will need to slow its pace of rate hikes next year.
After a day dominated by Brexit headlines, currency markets are driven by news on the trade front on Tuesday, helping risk appetite across the board.
Investing.com - U.S. futures pointed to gains on Wall Street at the open on Tuesday amid reports that China and the U.S. are moving ahead with trade talks.
Bitcoin is trading lower on Tuesday, extending Monday’s losses and taking the No. 1 digital currency towards a fresh multimonth low.
LONDON MARKETS The FTSE 100 jumped on Tuesday, a day after chaos in the U.K. parliament resulted in Prime Minister Theresa May delaying a vote on the terms under which the country would leave the European Union.
In this article, we’ll see how analysts are rating Infosys (INFY). A weaker Indian rupee has been a tailwind for Indian technology companies (INDA) (EPI) such as Infosys, as they get most of their revenues from overseas. Infosys has received “strong buy” ratings from 12 analysts, while 24 have given it “buy” ratings.
Investing.com - The U.S. dollar slid lower against a currency basket on Tuesday while the pound found some support after a steep selloff in the previous session in the wake of a shock decision by British Prime Minister Theresa May to delay a key vote on Brexit.
Hopes that the Indian Rupee would continue its rebound from all-time lows throughout 2018 on the back of sustained weakness in Oil prices have been rocked by news
Following Theresa May’s decision to delay the parliamentary vote scheduled for later today, Brexit and U.S – China trade chatter will be in focus.
Gold is mildly bid in Asia tracking losses in the greenback, while crude oil also recovers to some extend after sharp fall in precious session.
Investing.com - The U.S. dollar slipped on reports that Beijing and Washington are preparing their next stage of trade talks, while the pound remained near 20-month lows after British Prime Minister Theresa May called off Tuesday’s vote on her Brexit deal.
The gold market pulled back slightly during Monday’s session, testing the $1250 level underneath, which now has turned supportive. The silver market was bit choppy in yesterday’s session testing the $14.50 level underneath. The $50 level underneath is clearly a strong support level with $55 level above is offering maximum resistance.