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DATA’S NAMECURRENCYTIME
Manufacturing PMICAD7:00pm
Final Manufacturing PMIUSD7:15pm
ISM Manufacturing PMIUSD7:30pm
ISM Manufacturing PricesUSD
Construction Spending m/mUSD
BOC Business Outlook SurveyCAD8:00pm

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DATA’S NAMECURRENCYTIME
Manufacturing PMICAD7:00pm
Final Manufacturing PMIUSD7:15pm
ISM Manufacturing PMIUSD7:30pm
ISM Manufacturing PricesUSD
Construction Spending m/mUSD
BOC Business Outlook SurveyCAD8:00pm

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Gold Prices Hovering At All-Time Highs, As Investors Assessed Fresh Economic Data.

Gold prices saw a notable uptick yesterday, gaining 1.13% to settle at 67701 as investors digested a blend of fresh economic indicators and mixed signals from Federal Reserve officials. The impending US PCE index price report loomed over market sentiment, contributing to a cautious atmosphere. Fed Governor Christopher Waller’s cautionary remarks about potential interest rate cuts due to robust inflation added to the market’s apprehension. Currently, there’s a 64% probability priced in for a rate reduction in June, suggesting lingering uncertainty.

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Gold Prices Hovering At All-Time Highs, As Investors Assessed Fresh Economic Data.

Gold prices saw a notable uptick yesterday, gaining 1.13% to settle at 67701 as investors digested a blend of fresh economic indicators and mixed signals from Federal Reserve officials. The impending US PCE index price report loomed over market sentiment, contributing to a cautious atmosphere. Fed Governor Christopher Waller’s cautionary remarks about potential interest rate cuts due to robust inflation added to the market’s apprehension. Currently, there’s a 64% probability priced in for a rate reduction in June, suggesting lingering uncertainty.

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Market Opens:

Indian indices opened on a positive note on April 1 with Nifty above 22,450.

The Sensex was up 441.65 points or 0.60 percent at 74,093.00, and the Nifty was up 152.50 points or 0.68 percent at 22,479.40. About 2044 shares advanced, 448 shares declined, and 175 shares unchanged.

Hindalco, JSW Steel, Infosys, Bajaj Finserv and HDFC Bank were among major gainers on the Nifty, while losers were IndusInd Bank, Britannia Industries, SBI Life Insurance.

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Market Opens:

Indian indices opened on a positive note on April 1 with Nifty above 22,450.

The Sensex was up 441.65 points or 0.60 percent at 74,093.00, and the Nifty was up 152.50 points or 0.68 percent at 22,479.40. About 2044 shares advanced, 448 shares declined, and 175 shares unchanged.

Hindalco, JSW Steel, Infosys, Bajaj Finserv and HDFC Bank were among major gainers on the Nifty, while losers were IndusInd Bank, Britannia Industries, SBI Life Insurance.

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