Oil prices climbed in early Asian trade on Friday as sentiment was boosted by an expansion in factory activity in China, the world’s second largest crude consumer, and as concerns grew about Middle Eastern supply. Brent futures, which have risen nearly 6% this week, were up 15 cents, or 0.19%, at $79.42 a barrel at […]
By Subash Gangadharan Nifty has rallied this week after taking a breather in the previous week. In the process, the Nifty has crossed its previous swing high of 17442, thereby remaining in a strong uptrend. Technical indicators too are giving positive signals as the index trades above the 20 day and 50 day SMA. Daily […]
By Bhavik Patel Gold market has been trading in the range of 59500-60400 for the past 8 trading sessions. The biggest catalyst for the gold market would be the FOMC meeting on 3rd May. Today’s PCE will also be very important as it is Fed’s preferred indicator for inflation. Yesterday US GDP growth came lower […]
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