Thursday, 15 November 2018

Rupee Opens Higher At 72.06 Per Dollar

The Indian rupee opened higher by 26 paise at 72.05 per dollar on Thursday versus previous close 72.31. On Wednesday the rupee closed 36 paise higher at 72.31 against Tuesday's close 72.67 per dollar.
Rupee consolidated in a narrow range but marginal appreciation was seen in the first half of the sessions following drop in global crude oil prices. In the past few sessions crude was weighed down after citing softening demand and after remarks from Saudi Arabia’s energy minister saying OPEC was considering cutting supply next year. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Tuesday, 13 November 2018

Asian Shares Pare Losses On US-China Trade Optimism, Oil Slides

Asian shares pared losses on Tuesday as hopes for a de-escalation of the Sino-U.S. tariff war drew support from reports that China’s top trade negotiator was preparing to visit the United States ahead of a meeting between the two countries’ leaders. The South China Morning Post reported, citing sources from both sides, that Liu He may visit Washington as part of the preparations for the talks between U.S. President Donald Trump and his Chinese counterpart Xi Jinping on the sidelines of the G20 summit in Argentina later this month. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Thursday, 1 November 2018

Indian Rupee Opens Higher At 73.87 Per Dollar

The Indian rupee opened higher by 8 paise at 73.87 per dollar on Thursday versus previous close 73.95. Rupee came under pressure and fell to the lowest level in two weeks following broad strength in the dollar against its major crosses. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Monday, 29 October 2018

Bond Prices Hit 11-Week High; Rupee Rises Against Dollar

The yield of the 10-year government bonds on Monday fell five basis points to hit a near 11-week low after the Reserve Bank of India said it will buy back bonds worth Rs 40,000 crore in November through open market operations (OMO). The 10-year gilt yield stood at 7.829% from its Friday’s close of 7.876%. Bond yields and prices move in opposite directions. Meanwhile, the rupee was trading at 73.35 a dollar, up 0.17% from its Friday’s close of 73.47. The currency opened at 73.30 a dollar. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Thursday, 25 October 2018

Asian Stocks Lose $5 Trillion So Far This Year With No End In Sight

Asia’s main equity gauge has finally succumbed, entering a bear market overnight. The region’s equities have already lost more than $4.9 trillion in value this year, and Thursday isn’t looking pretty. The MSCI Asia Pacific Index fell 2.1 percent. Japan’s Topix index plunged 2.9 percent, heading for its lowest close since September 2017, while the Nikkei 225 Stock Average lost 3.5 percent.
The Kospi 100 Index’s 2.6 percent slide took the South Korean gauge into bear-market territory after data showed the economy grew less than projected in the third quarter. Chinese markets also tanked. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Wednesday, 24 October 2018

Rupee Opens Strong, Gains 34 Paise At 73.23 Per Dollar

The Indian rupee gained in the early trade on Wednesday. It opened higher by 34 paise at 73.23  per dollar versus 73.57 yesterday. On Tuesday the rupee ended the volatile day on flat note amid easing crude oil prices and rising dollar selling by banks and exporters. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Tuesday, 23 October 2018

European Shares Fall To Lowest Levels In Nearly Two Years

European shares fell to their lowest levels in nearly two years on Tuesday as a new batch of third-quarter earnings failed to offset growing concerns on Brexit, Italy's budget, Saudi isolation, trade wars, Chinese growth and US interest rates. The pan-European STOXX 600 was down 1.1 per cent at 0826 GMT, its lowest level since December 2016 as it headed towards a fifth day of losses after a negative close in Asia and on Wall Street. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961