archiveU.S. Federal Reserve

The commodity-linked currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the European session on Thursday, as the crude oil prices dropped giving up earlier gains on hopes that U.S.-Iran peace negotiations could resume.Brent crude futures for August delivery were down 0.8 percent at $92.32 a barrel, reversing gains from earlier in the session after the U.S. military said that it had 'completed' its latest round of airstrikes targeting Iran. WTI crude futures fell half a percent to $89.54. Subscribe to continue...

Indian stock markets witnessed a subdued opening on Tuesday as benchmark indices remained nearly flat, with investors keeping a keen eye on impending global developments, especially the U.S. Federal Reserve's policy meeting commencing later today. Geopolitical tensions between India and Pakistan further tempered market sentiments, although the steady influx of investments from foreign portfolio investors (FPIs) provided some support to Indian equities.The Nifty 50 index initiated trading at 24,500.75, reflecting a rise of 39.60 points or 0.16 percent, while the BSE Sensex opened at 80,907.24, marking an increase of...