CME Financial News

Tech Mahindra is likely to see a muted revenue growth in the first quarter ended June 2024, impacted by seasonal fall in Comviva business. Revenue for the reporting period should decline 1.6% year-on-year, according to an average estimate of four brokerages. Meanwhile, sequential revenue growth is seen anywhere between 0.3-0.9%.

Solana (SOL), currently ranked 10th in the cryptocurrency market by capitalization, has been gaining traction, trading robustly around $168.55, with an intra-day high reaching $171.64.

Gold prices slipped on Friday, but were on track for a fourth straight weekly gain as expectations that the Federal Reserve was likely to cut U.S. interest rates in September lifted appeal for non-yielding bullion. FUNDAMENTALS

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Gold prices advanced Tuesday, on track for a record close as rising expectations of a September interest rate cut bolstered demand for bullion.

The BSE Sensex was trading 194 points, or 0.24%, higher at 80,712. The Nifty50 was up 85 points, or 0.35%, trading at 24,587 around 9:17 am.

Gold prices held steady on Wednesday, with investors looking towards key U.S. inflation data that could shed more light on the Federal Reserve's interest rates trajectory. FUNDAMENTALS

Chicago Mercantile Exchange (CME) Group and CF Benchmarks will offer new reference rates and real-time indices for Ripple (XRP) and Internet Computer (ICP), starting July 29.

Gold prices held steady in early Asian hours on Monday, buoyed by data that showed inflation in the U.S. subsided, boosting hopes that the Federal Reserve will start cutting interest rates this year. FUNDAMENTALS

₹86,620 per kilogram today, driven by a strengthening U.S. dollar and rising Treasury yields after hawkish remarks from U.S.

Gold prices were flat on Friday but were on track for their second straight weekly gain as weak economic data from the U.S. boosted expectations that the Federal Reserve would cut interest rates this year. FUNDAMENTALS

₹72,000, as US participants returned from the Juneteenth holiday with a buying sentiment. This was driven by weak retail sales data and lower inflation figures.

U.S. Treasury yields after strong economic data weighed on bets of rate cuts in world's largest economy. India's benchmark 10-year yield is likely to move in a 7.01%-7.06% range on Monday, following its previous close of 7.0168%, a trader with a state-run bank said. The yield posted a weekly rise last week, after easing for six.

Federal Reserve interest rate cut in September due to a softening U.S. labour market. Data overnight showed U.S. job openings fell more than expected in April to the lowest level in more than three years, a sign that labour market conditions are softening.

Gold prices edged higher on Monday as signs of cooling U.S. inflation lifted hopes for interest rate cuts from the Federal Reserve this year, while traders awaited a slew of U.S. economic data due this week. Spot gold was up 0.2% at $2,331.84 per ounce as of 09:49 a.m. ET (1349 GMT), after posting a 2% gain last month. Prices hit an all-time high of $2,449.89 on May 20.

As major cryptocurrencies succumb to sell pressure in wake of the latest US Core PCE inflation data release, traders are parsing through the altcoin markets for coins with strong bullish momentum that might be the best crypto to buy now.

northern lights earlier this month, you might be in luck over the next couple of weeks.A major solar active region on the sun continues to put out large expulsions of plasma and magnetic energy, and these impressive solar flares are getting set to face our planet again.Earlier this month, the most severe geomagnetic storm of the past 20 years hit Earth, treating Canadians (and much of the Northern Hemisphere) to a spectacular display of aurora borealis.Now, that same sunspot is reappearing after traversing the far side of the sun, and it has the potential to produce some pretty strong flares in the coming days and months.Global News meteorologist Anthony Farnell says that parts of the country could see some aurora activity as early as this weekend.“There is the potential for a G2 solar storm starting late Friday and we could see northern lights this weekend, but the potential is still there for more flares and even better displays as the sunspot moves towards the centre of the sun facing planet Earth,” he said, adding that the solar storm is “expected to arrive late on May 31 or June 1.”Solar flares are categorized by strength, with B-class flares being the weakest and X-class the strongest.Earlier this month, solar active region AR 13664 produced 12 X-class solar flares across six days, resulting in a G5 magnetic storm on Earth — the strongest since 2003.Farnell said the solar region weakened while on the far side of the Sun, but there’s a good possibility for more X-class flares in the days and weeks ahead.“We are nearing the peak of the 11-year solar cycle, and this peak is stronger than the last peak 11 years ago, so it makes sense that these solar storms we are experiencing have the potential to reach levels we

Gold prices were flat on Thursday, as investors awaited a key U.S. inflation reading that could provide further insights into the Federal Reserve's policy path. FUNDAMENTALS

Gold prices were steady on Tuesday, as investors maintained a cautious stance ahead of key U.S. inflation data, which could provide more insight into the Federal Reserve's policy trajectory. FUNDAMENTALS

investors pared expectations of a U.S. interest rate cut after the Federal Reserve's latest meeting indicated that a delay in monetary policy easing is likely. FUNDAMENTALS

Gold prices rose on Friday as the dollar slipped, but were headed for their worst week in five and a half months as hopes of interest rate cuts by the U.S. central bank tamed. Spot gold rose 0.2% to $2,332.77 per ounce as of 1:54 p.m. ET (1754 GMT) as the U.S. dollar index slipped 0.4%, making gold relatively less expensive for other currency holders. [USD/] [US/]