Quick Wrap: Nifty Realty Index records a surge of 3.49%, NIFTY climbs 2.58%
In the second quarter (Q2) of 2022, gross domestic product (GDP) in the Organisation for Economic Co-operation and Development (OECD) rose by 0.3 per cent quarter-on-quarter (QoQ) according to provisional estimates, equal to the growth in the previous quarter. In the G7, QoQ GDP growth increased slightly in Q2 2022, by 0.2 per cent, compared with zero growth in Q1 2022. GDP growth was negative […]
Gold prices are seen recovering on a broad note although in negative, tracking a sharp reversal in the US dollar index that is off its recent fresh 20-year peaks. The dollar index is quoting at 108.79 after having hit a fresh two-decade high of 109.44 yesterday tracking higher treasury yields after hawkish remarks from Federal reserve at the Jackson Hole conference on Friday. COMEX gold […]
UK consumers borrowed an additional ?1.4 billion in consumer credit, on net, in July of which ?0.7 billion was new lending on credit cards, according to a report released by Bank of England. Small and medium sized businesses repaid ?0.3 billion of loans in July. This is less than the ?1.4 billion repaid in June, and the 16th consecutive month of net repayments. Large non-financial […]

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