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Tag: geopolitical developments

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Indian rupee falls 16 paise to end at 92.01 against US dollar as crude prices rebound

Buzz line1 month ago03 mins

The rupee declined 16 paise to settle at 92.01 (provisional) against the US dollar on Wednesday, weighed down by a sharp rise in global crude oil prices and a stronger greenback as the war in West Asia raged on. FII outflows and weak sentiments in the domestic equity markets further pressured the local unit, according…

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European Stocks Head for Fourth Weekly Rise on Positive Earnings

Buzz line2 months ago03 mins

(Bloomberg) — European shares are set to advance for a fourth week in a row as strong earnings draw more investors to the region. The Stoxx Europe 600 Index was little changed as of 8:24 am in London. Consumer products and construction shares outperformed, while the energy and utilities sectors were among the biggest laggards….

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US stocks follow European shares higher; geopolitical jitters boost oil, gold

Buzz line2 months ago06 mins

NEW YORK, Feb 18 (Reuters) – US stocks rallied, European stocks notched a record closing high and crude oil prices rebounded on Wednesday as investors parsed the minutes from the US Federal Reserve’s most recent policy meeting and assessed evolving geopolitical developments. Technology shares helped boost all three major US indexes early in the session,…

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