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Finance & Markets

Asian Markets Trade Mostly Higher

(RTTNews) - Asian markets are mostly higher on Wednesday, despite the negative cues from Wall Street overnight, boosted by a rebound in technology and semiconductor stocks in Japan and South Korea after the recent sharp sell-off. Support also came from comments by New York Fed Pr

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Indian rupee to build on rally after RBI chief reinforces currency support

MUMBAI: The Indian rupee is poised to extend its rally on Wednesday after the central bank’s steps to support the currency were reinforced by the governor’s indication that further measures remain an option. The Indian rupee is expected to open in the 95.04-95.12 range, traders said, after settling at 95.28 to the dollar on Tuesday.

Gold prices hold firm ahead of US inflation data

Gold prices were little changed on Wednesday as investors braced for US consumer price index data due later in the day to gauge the Federal Reserve’s latest monetary policy stance. Spot gold held steady at $4,159.45 per ounce by 0251 GMT. US gold futures for December delivery edged 0.1% higher to $4,182.60.

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