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Source: Live Mint (Reuters) – India’s benchmark indexes are set for a muted start on Wednesday, tracking other Asian peers, after upbeat U.S. data pointed to a strong economy and bolstered the case for fewer rate cuts from the Federal Reserve. The GIFT Nifty futures were trading at 23,775 as of 7:58 a.m. IST, indicating…
Source: Live Mint Dollar lower, but on track for best week in two months Dour euro zone outlook weighs on euro this week Traders price in about 40 bps of Fed rate cuts in 2025 (Updated throughout in New York afternoon time) NEW YORK, Jan 3 (Reuters) – The dollar dipped on Friday but was…
Source: Live Mint Bullion rose over 27% in 2024 Gold likely to remain bullish in 2025 – analyst Traders expect Fed to proceed cautiously with rate cuts in 2025 Jan 2 – Gold prices inched higher on Thursday, continuing its momentum from 2024, while traders sought more clarity on the U.S. Federal Reserve’s interest rate…
Source: Business Standard The US Federal Reserve (US Fed) surprised the global financial markets with a higher-than-expected rate cut of 50 basis points (bps) on Wednesday. Puneet Wadhwa caught up with CHRISTOPHER WOOD, global head of equity strategy at Jefferies in New Delhi on his interpretation of the Fed’s move, its implications for global…
