Commodity Trade Mantra

Posts Tagged ‘Nifty’

India, Russia And Thailand Prepare For Currency War

When China sneezes, the world catches a cold. Alternatively, when China devalues, the rest of the (exporting) world scrambles to not be the last (exporting) nation standing, and to do so next, before everyone else does. Case in point, at least three major emerging market nations announced they are bracing for a currency war.

Rising Strength in the Rupee will take Gold off the Indian Investors’ Radar

Indian stock markets got off to a roaring start with the rupee rising to its strongest in 11 months against the dollar after the Modi led BJP swept India’s elections to a thumping victory. With so many reasons for the dollar to fall & the Indian rupee to gain and rise; Why would gold prices in rupee terms, rise further?

Gold Futures

Gold Futures saw some selling pressure due to the weak China data yesterday. The much-anticipated HSBC China manufacturing PMI was […]

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