As Asia’s trading day commenced, gold prices remained steady while market participants awaited the critical US jobs data release. This information is pivotal for deciphering the Federal Reserve’s future interest rate moves. The latest inflation statistics from the US signaled a slight rise, tweaking the odds for upcoming rate changes. Additionally, Bank of Japan officials indicated that an increase in rate hikes may be on the table soon.
Sensex falls over 100 pts, Nifty below 22,550 as market heads for 8th weekly loss, overtaking COVID crash. More pain ahead?
Indian equity benchmarks Sensex and Nifty fell for a fourth straight session on Thursday, heading for their eighth consecutive weekly loss. Driven by intense FII