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Investing.com-- Most Asian stocks rose on Thursday, buoyed by a rally in the technology sector as somewhat middling comments from the Federal Reserve spurred bets that the central bank was done with its run of interest rate hikes. 

Gold prices edged higher on Thursday, as the U.S. dollar and bond yields slipped after the Federal Reserve held interest rates steady and acknowledged the tighter financial conditions faced by businesses and households. FUNDAMENTALS * Spot gold was up 0.2% to $1,985.99 per ounce by 0147 GMT and U.S.

Federal Reserve Chairman Jerome Powell dashed any hopes for a rate cut in the near future and said that the central bank is not «at all» thinking of the possibility currently.

Oil prices edged higher in early trade on Thursday as the conflict in the Middle East kept investors on edge about whether it could disrupt oil supplies around the region. Brent crude futures rose 38 cents at $85.01 a barrel by 0000 GMT, while U.S. West Texas Intermediate crude futures gained 46 cents at $80.90 a barrel. Iran's Supreme Leader Ayatollah Ali Khamenei called on Muslim states to cease oil and food exports to Israel, demanding an end to its bombardment of the Gaza Strip, state media reported. Iran, a member of the Organization of the Petroleum Exporting Countries (OPEC), produced around 2.5 million barrels per day of crude in 2022, according to U.S.

Treasury yields as markets grew more convinced the Federal Reserve was done with its aggressive monetary policy tightening cycle after it left rates unchanged. The Fed on Wednesday held interest rates steady as widely expected, as policymakers struggled to determine whether financial conditions may be sufficiently tight to control inflation. However, Fed Chair Jerome Powell acknowledged that a recent market-driven rise in Treasury bond yields, home mortgage rates and other financing costs could have their own impact on the economy as long as they persist. The decision lifted sentiment in Wall Street, which spilled over into the Asia day, giving a small boost to the risk-sensitive Australian and New Zealand dollars. The Aussie rose 0.5% to a three-week high of $0.6426, while the kiwi similarly jumped more than 0.5% to hit a two-week top of $0.58825. The dollar edged broadly lower alongside U.S. Treasury yields which touched multi-week lows in early Asia trade.

BSE Sensex closed 283.60 points lower at 63,591.33, while the NSE Nifty 50 declined 90.45 points, or 0.47%, to end at 18,989.15 on November 1. Nifty 50 formed a reasonable negative candle on the daily chart, which is back-to-back in the last couple of sessions.

Israel and Hamas, according to Gaza's Hamas-run Health Ministry. They were hit by airstrikes, smashed by misfired rockets, burned by blasts and crushed by buildings, and among them were newborns and toddlers, avid readers, aspiring journalists and boys who thought they'd be safe in a church. Nearly half of the crowded strip's 2.3 million inhabitants are under 18, and children account for 40 per cent of those killed so far in the war.

Stranger Things" is gearing up for its grand finale with Season 5, and although its return to Netflix may not be imminent, the buzz is already building. Here's a roundup of the latest updates on the scripts, storylines, casting, and more for the eagerly awaited Stranger Things finale. Stranger Things Season 5: Storylines Celebrating Stranger Things Day, Netflix set the stage by announcing the title of the first episode, “Chapter One: The Crawl,” penned by the show's creators, the Duffer Brothers.

US Fed outcome. Markets would react to the Fed's interest rate decision and economic data to be released during the day. «The comments from Chair Jerome Powell will take the spotlight as it will provide insights into Fed’s next move. Also, investors would watch out for BOE’s interest rate decision to be announced on Thursday,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal. Here's breaking down the pre-market actions: STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a positive start GIFT Nifty on the NSE IX traded lower by 33.5 points, or 0.17 per cent, at 19,218.50, signaling that Dalal Street was headed for positive start on Thursday.

Israel and Hamas, according to Gaza's Hamas-run Health Ministry. They were hit by airstrikes, smashed by misfired rockets, burned by blasts and crushed by buildings, and among them were newborns and toddlers, avid readers, aspiring journalists and boys who thought they'd be safe in a church. Nearly half of the crowded strip's 2.3 million inhabitants are under 18, and children account for 40 per cent of those killed so far in the war.

Day trading guide for today: Domestic equity indices Sensex and Nifty 50 extended their losses into the second consecutive session amid mixed global cues. Nifty 50 closed at 18,989.15, down 90 points, or 0.47 per cent, while the 30-share pack ended 284 points, or 0.44 per cent, lower at 63,591.33. Midcap and smallcap indices also suffered losses but they still outperformed the benchmarks.

Federal Reserve held interest rates steady on Wednesday but left the door open to a further increase in borrowing costs in a policy statement that acknowledged the US economy's surprising strength, but also nodded to the tighter financial conditions faced by businesses and households. «Economic activity expanded at a strong pace in the third quarter,» the US central bank said in a policy statement after a two-day meeting in which officials unanimously agreed to leave the benchmark overnight interest rate in the 5.25-5.50% range where it has been since July. The language marked an upgrade to the «solid pace» of activity the Fed saw as of its September meeting, and followed on recent data that showed US gross domestic product grew at a 4.9% annual rate in the third quarter. Though markets think the Fed may be done raising its policy rate, with financial conditions tightening on their own through higher market-based interest rates, data pointing to a stronger-than-expected economy and labor market have kept the prospect of another hike on the table. The Fed's latest statement noted that with job gains still «strong» and inflation still «elevated», the central bank continues to consider «the extent of additional policy firming that may be appropriate to return inflation to 2% over time.» Fed Chair Jerome Powell will hold a press conference at 2:30 p.m.

Emily Hampshire, famed for her role as Stevie Budd on «Schitt's Creek,» became the center of a controversy following her Halloween costume choice. Hampshire and a friend decided to don costumes that depicted Johnny Depp and Amber Heard, which promptly led to a firestorm on social media. The decision to go with the appearances of Depp and Heard, particularly as they were seen during their contentious 2022 libel trial, was met with immediate backlash online.

rupee on Wednesday closed at a new low versus the US dollar as risk aversion ahead of the Federal Reserve's statement, overseas investment outflows from Indian equities and dollar demand from oil importers exerted pressure on the local currency. The rupee settled at 83.29 per US dollar on Wednesday, a new record closing low. The local unit had settled at 83.25 per US dollar on Tuesday.

Hawaii has been convicted of conspiracy, passport fraud and identity theft for stealing the names of dead babies.A jury in Hawaii deliberated for about two hours before handing down a guilty verdict to Walter Glenn Primrose and Gwynn Darle Morrison, who had been living under the names Bobby Fort and Julie Montague, respectively, for decades.Prosecutors argued during the trial that Primrose and Morrison assumed the stolen identities in order to dodge substantial debts they had accrued. Primrose went on to spend 20 years working for the U.S.

Hacked cross-chain protocol Multichain has confirmed some transactions, and its backlog of queued transactions has declined to only a single transaction, according to data from Multichain's explorer tool. Blockchain data confirms that some of the transactions have been confirmed on the destination chain, while others show as confirmed in the Multichain explorer but not on the destination chain.

Defense attorney Mark Cohen claimed the prosecution in the trial of FTX founder Sam Bankman-Fried “has sought to turn Sam into some sort of monster.”

By Yasin Ebrahim

Investing.com — The Dow ended higher Wednesday following a slump in Treasury yields after the Federal Reserve kept rates steady for second-straight meeting.

Global Market Intelligence. Though the October PMI Manufacturing data was above its long-run average of 53.9, it was the slowest rate of expansion recorded since February. The 50-mark separates expansion from contraction.

₹1.72 trillion in Goods and Services Tax (GST) in October, a 13% increase from a year earlier, marking the second-highest monthly haul since the new tax regime debuted in 2017. Overall, GST receipts so far this year are in line with the 10.5% nominal GDP growth rate projected by the finance ministry and reflect the trends in tax administration efficiency as well as consumption. The average gross monthly GST collection in FY24 is ₹1.66 trillion, up 11% from FY23.