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Australian dollar succumbs to risk retreat, still ahead on week

Buzz line1 month ago04 mins

SYDNEY, March 13 (Reuters) – The Australian dollar was looking crestfallen on Friday as intensifying risk aversion globally finally overcame support from higher yields, though it still held weekly gains on a crowd of peer currencies. The Aussie was flat at $0.7080, having slipped 1.0% overnight and away from a 45-month peak of $0.71875. Support…

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  • Market

Wall St slips as crude price surge fuels inflation fears, tech bounces back

Buzz line1 month ago06 mins

* Indexes down: Dow 0.96%, S&P 500 0.56%, Nasdaq 0.20% * Chip stocks rebound, limiting Nasdaq’s slide * Small-caps Russell 2000 slips over 1.2% * Homebuilder, bank stocks hit hard * Weak jobs report and high energy costs stoke stagflation fears By Stephen Culp and Johann M Cherian NEW YORK, – Wall Street lost ground…

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  • Market

US-Iran war drags Nifty 50 down over 1,000 points in five sessions; index now 9% off recent highs

Buzz line2 months ago08 mins

It seems that early 2026 has brought many challenges to the Indian stock market, similar to the previous year, forcing the key benchmark indices to navigate through rough terrain. Investors had hoped for better performance from the Indian stock market in the first quarter of 2026 amid expectations of a recovery in earnings. However, concerns…

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  • Market

US yields fall in choppy trade as weak jobs report weighed against inflation risk

Buzz line2 months ago07 mins

* Weak jobs report shows nonfarm payrolls decreased by 92,000 * Fed rate cut expectations for June meeting grow * 10-year and 2-year yields on pace for biggest weekly rise since April (Updates to afternoon US trading) NEW YORK, March 6 (Reuters) – US Treasury yields were lower in volatile trading on Friday, after a…

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  • Market

Silver prices zoom over 165% in a year: Does it signal euphoria or are gains sustainable?

Buzz line4 months ago06 mins

The stupendous rally in silver prices this year has single-handedly outshone the returns of all other asset classes. The white metal surged to a fresh high in international and domestic markets on Friday, December 26, with no signs of a slowdown in its rally. Silver prices jumped nearly 5% and crossed $75 per mark for…

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