Gold prices saw a slight increase on Friday, poised for a weekly gain due to a weaker dollar. However, hawkish remarks from Federal Reserve officials tempered optimism for a December interest rate cut. Traders are now pricing in a lower probability of further easing, impacting gold’s appeal.Read More
The dollar weakened against major currencies, heading for a weekly fall as investors anticipate poor U.S. economic data following the government shutdown. This data deluge may prompt the Federal Reserve to slow interest rate cuts, impacting market expectations. Sterling also declined amid fiscal uncertainty, while the yen and Australian dollar faced pressure.Read More
Capillary Technologies India’s Rs 877 crore IPO opens today. The Bengaluru-based firm is a leader in customer engagement and loyalty management. The IPO includes fresh issuance and offer-for-sale components. Funds will support growth and technology investments. The issue closes this week, with listing expected on November 21.Read More
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