Crude oil gains over 3% after US sanctions on Russian oil companies
Crude oil futures rose by more than 3 per cent on Thursday morning after the US imposed sanctions on two major Russian oil companies. At 9.57 am on Thursday, December…
Axis Bank share price touches 1-year high as post-earnings rally extends to fifth day
Keeping their momentum strong, shares of Axis Bank, the country’s fourth-largest private sector bank, gained another 3.2% in Thursday’s trade, October 23, to hit a fresh one-year peak of ₹1,276,…
Indonesia’s new biodiesel mandate to support global palm oil prices
India’s palm oil imports from Malaysia hit an 11-month high of 312,000 tonnes in September, tightening global vegetable oil supplies. Prices are currently holding above MYR (Malaysian ringgit) 4,400 per…
France October business confidence 97 vs 96 prior
Prior 96 Services confidence 96 Prior 98 Manufacturing confidence 101 Prior 97 This is the highest reading since April with the rebound in sentiment largely driven by a jump in…
Cotton Faces Weakness on Wednesday
Cotton futures closed the Wednesday session with losses of 53 to 68 points. Crude oil rallied $1.56/barrel back to near the $60 level, as President Trump is increasing sanctions on…
Coinbase launches Payments MCP for AI crypto transactions
Coinbase has introduced a new protocol that allows artificial intelligence agents to transact directly on-chain using crypto wallets and stablecoins. Summary Coinbase introduced Payments MCP to let AI agents open…
£20,000 invested in Scottish Mortgage shares 2 years ago is currently worth…
Many UK investors seeking exposure to booming tech stocks during the pandemic were left nursing losses after Scottish Mortgage Investment Trust (LSE:SMT) shares tanked in late 2021/early 2022. It lost…
Crypto ETF Boom: 155 Filings Across 35 Assets, Analyst Backs Index Funds
A flood of new crypto fund proposals is poised to hit the market, with 155 exchange-traded product filings waiting for regulatory approval. According to industry data from October 21, this…
The tug of war continues for gold in trading today
Gold is trading back up to little changed around $4,089 now after some light selling in Asia, with the low touching $4,066. It’s not as drastic as the kind of…
Sensex jumps over 700 points, Nifty 50 above 26,000; why is Indian stock market rising today? 5 key reasons
The Indian stock market benchmark indices, Sensex and Nifty 50, opened with strong gains on Thursday, led by optimism over reports of a likely India-US trade deal soon. Despite weakness…