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European Stocks Edge Higher; German Industrial Production Impresses

European Stocks Edge Higher; German Industrial Production Impresses

by GalaxyNews | Jan 9, 2023 | Stock market

European stock markets edged higher Monday, with sentiment boosted by China’s decision to fully reopen its borders as well as stronger-than-expected German industrial production. At 03:45 ET (08:45 GMT), the DAX index in Germany traded 0.3% higher, the CAC 40 in...
Gold steady, Copper Rises Amid Smaller Rate Hike Expectations

Gold steady, Copper Rises Amid Smaller Rate Hike Expectations

by GalaxyNews | Nov 23, 2022 | Stock market

Gold prices steadied on Wednesday, while copper extended strong gains as risk-driven assets rallied on expectations that the Federal Reserve will hike interest rates at a slower pace in the near-term, which also trimmed dollar gains. A growing number of Fed officials...
Taiwan October Export orders Likely contracted Again, But at Slower Pace- Reuters Poll

Taiwan October Export orders Likely contracted Again, But at Slower Pace- Reuters Poll

by GalaxyNews | Nov 18, 2022 | Stock market

Taiwan’s export orders likely contracted again in October as global demand for technology cools though at a slower rate than the previous month, a Reuters poll showed on Friday The median forecast from a poll of 13 economists was for export orders to fall 1%...
At least $1 billion of client funds missing at failed crypto firm FTX : Report

At least $1 billion of client funds missing at failed crypto firm FTX : Report

by GalaxyNews | Nov 12, 2022 | Stock market

At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter. The exchange’s founder Sam Bankman-Fried secretly transferred $10 billion of customer funds from FTX to...
Nifty opens Above 18,200, Sensex Gains 800 Pts; Zomato, Bata, Ashok Leyland in Focus

Nifty opens Above 18,200, Sensex Gains 800 Pts; Zomato, Bata, Ashok Leyland in Focus

by GalaxyNews | Nov 11, 2022 | Stock market

The Sensex was up 827.54 points or 1.37% at 61441.24, and the Nifty was up 241.00 points or 1.34% at 18269.20. About 1686 shares have advanced, 364 shares declined, and 68 shares are unchanged. Offer price of Rs 170 a share too low for present times, says Fortis...
Lock-in Ends But Nykaa Sees no Selling Pressure, Thanks to Bonus Issue Masterstroke By Falguni Nayar

Lock-in Ends But Nykaa Sees no Selling Pressure, Thanks to Bonus Issue Masterstroke By Falguni Nayar

by GalaxyNews | Nov 10, 2022 | Financial Market, Stock market

Despite pre-IPO shareholders’ lock-in period coming to an end, Nykaa is seeing no selling pressure in trade today (November 10), on account of the bonus issue announced by the cosmetics-to-fashion retailer. This is a masterstroke by investment...
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  • Asia FX Dips, Dollar Steadies As Fed Meeting Looms

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