News
Important Only
India Gold price today: Gold rises, according to FXStreet data
Asian stocks tumble with Nikkei 225 falling by 8%, tracking Wall Street’s losses
Investing.comAug 5, 2024
Gold prices rise close to record highs amid recession fears, rate cut bets
FxstreetAug 5, 2024
Singapore Retail Sales (MoM) dipped from previous 2.4% to -3.7% in June
FxstreetAug 5, 2024
India HSBC Services PMI came in at 60.3 below forecasts (61.6) in July
FxstreetAug 5, 2024
India HSBC Composite PMI down to 60.7 in July from previous 61.4
Commodities
Gold prices rise close to record highs amid recession fears, rate cut bets
Investing.com-- Gold prices rose in Asian trade on Monday and were trading in sight of record highs as the yellow metal benefited from increased safe haven demand amid heightened concerns over slowingInvesting.com
Aug 5, 2024
Other
RBA preview: rate hike unlikely, but hawkish hold on tap amid sticky inflation
Investing.com-- The Reserve Bank of Australia is widely expected to keep interest rates unchanged at the conclusion of a meeting on Tuesday, especially after recent inflation data showed mild cooling.Investing.com
Aug 5, 2024
Forex
Asia FX muted as dollar dips on recession fears; yen surges to near 7-mth high
Investing.com-- Most Asian currencies moved in a tight range on Monday, taking little advantage of a softer dollar amid growing concerns over a slowdown in U.S. economic growth.The Japanese yen was anInvesting.com
Aug 5, 2024
Stocks
Asian stocks tumble on recession fears; Japanese shares eye bear market
Investing.com-- Asian stocks fell sharply on Monday, extending last week’s losses amid growing fears of a U.S. economic slowdown, with Japanese markets set to enter a bear market from their July recorInvesting.com
Aug 5, 2024
Economic Indicator
China services activity grows more than expected in July- Caixin PMI
Investing.com-- China’s services sector grew slightly more than expected in July, private purchasing managers index data showed on Monday, indicating that some facets of the economy remained strong deInvesting.com
Aug 5, 2024
