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As on Aug 24, 2017 12:00 AM Your results on : Mid Session    
Commodities Buzz: Turkish steel production rises for Jan-Jul y-o-y
24-Aug-2017 (13:23)
Commodities Buzz: India's Crude Oil Production Flat, Natural Gas Output Up 4.50% This Year
24-Aug-2017 (12:57)
Hot Commodities: NCDEX Jeera Soars Above Rs 20K, Export Demand Gives A Boost
24-Aug-2017 (12:47)
LME Inventories Data
24-Aug-2017 (12:19)
Economic Buzz: Japan Leading Index Climbs In June
24-Aug-2017 (11:54)
Indian Rupee: Firms Up As Dollar Weakens Over Trump Comments
24-Aug-2017 (11:28)
The Indian rupee firmed up against the dollar in early trades on Thursday, 24 August 2017 as the greenback weakened after US President Donald Trump's comments about a government shutdown. Besides, exporters and banks stepped up selling of the American currency amid a higher opening in domestic equities.

The domestic currency opened at Rs 64.05 against the dollar but dipped to a low of 64.0850 so far during the day. In the spot currency market, the Indian unit was last seen trading at 64.0575. Yesterday, the rupee had slipped 2 paise to close at 64.12 against the US currency.

Domestic benchmark indices traded with small gains in the morning trade after briefly slipping into negative zone. At 10:15 IST, the barometer index, the S&P BSE Sensex rose 29.79 points or 0.09% at 31,597.80. The Nifty 50 advanced 9.35 points or 0.09% at 9,861.85. Gains in the key indices were capped amid lackluster trading in Asian bourses and lower closing on the Wall Street.

Overseas, Asian stocks witnessed a mixed trend. US stocks closed lower yesterday, 23 August 2017 after President Donald Trump said he would be willing to let the government shut down if his border wall isn't funded. Delivering a warning to Democratic lawmakers who have objected to his plans to construct a wall along the US-Mexico frontier, Trump called them “obstructionists” and said that it was time for the US to crack down on illegal immigration.

The annual Jackson Hole Economic Policy Symposium is scheduled tomorrow, 25 August 2017 in Wyoming. Representatives from the central banks of more than 40 countries will attend the annual gathering, hosted by the Federal Reserve Bank of Kansas City.

Meanwhile, the dollar edged higher against the yen on Thursday, paring some of the losses it suffered after U.S. President Donald Trump suggested a shutdown of the government was possible and threatened to terminate the North American Free Trade Agreement. Trump warned late on Tuesday he might end the NAFTA trade treaty with Mexico and Canada after three-way talks failed to bridge deep differences. He also said he may shut the government if he does not get funding to build a wall on the U.S.-Mexico border. The dollar index (DXY), which tracks the greenback against a basket of six currencies, edged up 0.1 percent to 93.259.

Powered by Commodity Insights

Commodities Buzz: Japan Hot Rolled Steel Production In May Declines 1.7%
24-Aug-2017 (11:23)
Commodities Buzz: India NMDC Iron Ore Production rises for Apr-Jul 2017
24-Aug-2017 (11:19)
Economic Buzz: Eurozone Private Sector Activity Maintains Strong Growth Momentum In August
23-Aug-2017 (15:49)
Gold Stays Flat After Recent Correction
23-Aug-2017 (15:17)
Commodities Buzz: USDA Estimates Sharp Improvement In US Crop Conditions
23-Aug-2017 (15:07)
Commodities Buzz: Vedanta Revenue Soars On Rally In Copper And Zinc Prices
23-Aug-2017 (14:20)
Economic Buzz: German Private Sector Activity Expands In August
23-Aug-2017 (13:57)
International Prices Of Imported Edible Oil At Domestic Ports As On 23rd August 2017
23-Aug-2017 (13:18)
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