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Gold hits 10-week low

India gold extended losses for a third straight session on Wednesday to hit its a more than 2-½ month low, spurring physical buying as traders sought to stock up for upcoming festivals, dealers said. “Buying is definitely there.
Traders, who bought 10 kgs a few days back, are now buying 40 kgs,” said Harshad Ajmera, [...]

European stocks rebound

European equity markets rose on Monday, bouncing back from pre-weekend losses that were suffered on the back of poor US economic data.
London’s benchmark FTSE 100 index of top companies gained 0.60 per cent to 5,190.07 points in midday trade, Frankfurt’s DAX 30 rose 0.53 per cent to 6,072.89 points and the Paris CAC 40 climbed [...]

Asian markets extend losses

Asian stocks followed Wall Street lower on Friday as concerns over the global economy returned, while China set the yuan at its strongest rate in five years a day before a key G20 summit.
Traders extended losses from the previous session after the US Federal Reserve issued a subdued outlook on the state of the world’s [...]

Bond yields slightly down

Bond yields eased marginally on Thursday tracking the overnight fall in US yields but a 150 billion rupees bond auction on Friday weighed.
The yield on the Indian 10-year benchmark bond was at 7.59 percent, after easing to 7.58 percent in early deals, below Wednesday’s close of 7.60 percent.
US Treasuries rose on Wednesday as dismal housing [...]

Asian stocks end mostly lower

Asian markets closed mostly lower on Thursday as a downbeat assessment by the US Federal Reserve and record-low home sales raised fears about the state of the world’s biggest economy.
Traders went into sell-off mode in the afternoon to cash in earlier gains made after Australia’s prime minister was forced out, a move that raised hopes [...]

FTSE lower as demand doubts drag miners

Britain’s top share index was lower at midday Thursday as renewed doubts about the sustainability of a global recovery dented commodity stocks, and banks weakened as investor appetite for risk ebbed.
By 1100 GMT, the FTSE 100 was 38.73 points, or 0.8 percent, lower at 5,139.79 after falling 1.3 percent on Wednesday to its lowest closing [...]

Asian stock markets retreated on Tuesday

Asian stock markets retreated on Tuesday as traders cashed in on massive gains in the previous session after China vowed to make its yuan currency more flexible.
Regional shares soared Monday after the weekend announcement from Beijing that it would “strengthen the flexibility” of the yuan exchange rate, raising hopes China is ready to adjust its [...]

Indian federal bond yields eased

Indian federal bond yields eased from 5-week highs on Tuesday as worries of an immediate rate hike abated after the finance minister said late on Monday that he was not in favour of altering interest rates right now, traders said.
The yield on the Indian 10-year benchmark bond was at 7.65 percent, below Monday’s closing of [...]

Nifty moves higher

Benchmarks gained momentum after a positive start on Thursday taking cues from Asian peers. All the sectoral indices were in the green led by pharma, auto and realty space.
“The Nifty continued its consolidating phase and traded within its defined range. Currently, the bearish pattern is being observed in the daily volatility chart, which indicates a [...]

Traders rush to buy options

The Volatility Index (VIX), a measure of options traders’ view on risks in the market, may have dropped in the past few days, but another indicator in the options segment suggests the fear of downsides still persists. The volatility skew, which is a gauge of an options value vis-à-vis others, has been getting steeper, with [...]