The FinTech Hub
Source: Live Mint (Updates in late European trading) March 24 (Reuters) – Euro area yields rose slightly on Monday after Purchasing Managers’ Index data met expectations, as investors balanced risks from U.S. tariffs against expectations of stronger growth stemming from Germany’s investment plans. as investors moved out of fixed income and into stocks on the…
Source: Live Mint ORLANDO, Florida, March 21 (Reuters) – Late push lifts Nasdaq to first gain in 5 weeks Many of the world’s major central banks sent a strong message this week that the uncertainty caused by U.S. President Donald Trump’s trade wars is weighing on growth, stoking inflation, and dramatically reducing visibility on the…
Source: Live Mint However, the narrative is shifting. After a strong start to 2025, US equity markets have hit turbulent waters. Tariff concerns loom large as President Donald Trump imposes fresh trade barriers and threatens more, with no clear resolution in sight. Consumer sentiment has been the biggest casualty of this uncertainty, with surveys showing…
Source: Live Mint NEW YORK (Reuters) -The U.S. dollar edged higher against some of its peers including the yen and euro on Thursday as markets weighed fresh tariff threats, slower-than-expected U.S. economic growth, and an interest rate cut by the European Central Bank. President Donald Trump on Thursday said the United States will put a…
Source: Live Mint (Bloomberg) — European Central Bank President Christine Lagarde predicted that no European Union country will choose to add Bitcoin to its monetary reserves. Responding to comments by her Czech counterpart, Ales Michl, that his institution will look into the matter, she cast doubt on such prospects, saying the cryptocurrency doesn’t meet criteria…
Source: Live Mint European Central Bank Governing Council member Klaas Knot said investor bets for interest-rate cuts in January and March are reasonable, while any commitment beyond is difficult due to heightened global uncertainty. “I’m pretty comfortable with the market expectations for the upcoming two meetings,” the Dutch central banker told Bloomberg TV’s Francine Lacqua…
Source: Live Mint (Bloomberg Opinion) — The European Central Bank hosted its annual pow-wow this week in the bucolic hills of Sintra, Portugal. There was the usual round of panels with other central bank heads and earnest discussions of economic papers. But instead of debating academic issues, policymakers might have been better off focusing on more immediate…
Source: Live Mint A COUNTRY BATTLING recession, high energy costs and political uncertainty may be an unlikely home for Europe’s hottest stockmarket. But Germany’s DAX index, the benchmark for its 40 largest publicly traded companies, rose by 12% in dollar terms last year, making it one of the best-performing indices in Europe (see chart 1)….
Source: Live Mint Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open lower on Friday, following losses in global markets. Asian markets traded lower, while the US stock market fell overnight after the release of key economic data. The US producer prices rose more than forecast in November,…
Source: Live Mint Stock Market News: On Friday, the domestic benchmark indices, Sensex and Nifty 50, closed higher, recovering from the losses incurred during the opening session. By the close of the trading day, the Nifty 50 had gained 104 points or 0.42%, ending at 24,854.05. The Sensex ended at 81,224.75, showing an increase of…
