Global markets nosedived after German financial regulator introduced a temporary ban on naked short selling and naked credit-default swaps of Euro-area government bonds to provide stability to the financial system from the excessive price movements. The move shattered the confidence among investors that the various efforts like 750 bn euro package to tackle the situation are not enough to [...]
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- Crude oil can also trade with weak bias but some short covering cannot be denied. Overall it can trade in range of 4900-5000 in MCX. 22 hours ago
- Copper may trade in range of 417-425 while Lead may trade in range of 107-109 and zinc in range of 105-107 in near term. 22 hours ago
- Gold can trade in range of 28850-29250 and silver can trade in range of 53600-54800 in near term. 22 hours ago
- Gold along with silver may open on mixed note as investors brace up for the key nonfarm payroll numbers and unemployment figures in US today 22 hours ago
- Sugar futures are likely to trade downside due to higher inventory and sluggish demand as monsoon season approaches. 22 hours ago
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