Gold prices mark corrective pullback from June 2020 lows tested on Friday. US FDA’s approval to J&J’s one-shot vaccine, chatters over UK/US fiscal relief measures favor short-term buyers. S&P 500 Futures snap two-day downtrend with 0.50% intraday gains, US 10-year Treasury yields halt further downside. Month-start PMIs, stimulus news and yields are the key catalysts.
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NEW DELHI: Physical gold demand in India gained momentum this week as retail buyers and jewellers lapped up bullion at near eight-month low prices, while Singapore continued to see steady interest for both gold and silver. Gold futures in India were trading around Rs 46,000 per 10 grams, not far from the eight-month trough of
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Coinbase’s IPO announcement has been hailed as “a milestone for the crypto industry” by Fortune Magazine. Similar to the Netscape IPO announcement that signaled the legitimacy of the internet, Coinbase’s impending public offering signals to the public at large that cryptocurrency trading is legitimate, legal and secure in the eyes of the Securities and Exchange
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The PM announced the new lockdown after a community case of coronavirus with an unknown origin was detected. Level 3 restrictions imposed, people can leave home only for essential shopping and essential work The rest of the country will be placed into a less restrictive alert level 2.  — For the NZD this should mean a
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Biden urges Senate to pass legislation Biden called on the Senate to quickly pass the $1.9 trillion stimulus package after it cruised through the House. “It’s time to act,” he said on Saturday, noting that an “overwhelming” percentage of Americans support the bill. “We have no time to wasted.” The bill will provide $1400 each
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