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Source: Live Mint ASX 200 ends at one-month high Critical mineral miners rise on potential US defence funding CPI data due on Wednesday April 28 (Reuters) – Australian shares rose for the third consecutive session on Monday, driven by gains in heavyweight financials and healthcare stocks ahead of the country’s quarterly inflation data later this…
Source: Live Mint The US Federal Reserve’s decision to keep its policy rate unchanged in the 4.25%-4.50% range, along with its guidance for two rate cuts in 2025, has triggered fresh discussions on how central banks across the globe, including the Reserve Bank of India (RBI), will respond. The RBI had initiated the repo rate-cut…
Source: Live Mint MUMBAI (Reuters) – The Indian rupee strengthened on Friday after struggling for most of the week as global markets were jolted by fears of a trade war and foreign portfolio outflows persisted, pushing the rupee to its lifetime low past the 87 handle. The Reserve Bank of India cut its key interest…
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 Early this year, the Reserve Bank of India (RBI) is expected to cut down benchmark interest rates (or repo rate). This is also known as repurchase rate i.e., the rate at which the RBI lends money to commercial banks in exchange for government securities. The current repo rate is 6.5 percent. The…
Source: Live Mint Canadian dollar falls 0.9% against the greenback Touches its weakest since March 2020 at 1.4444 CAD 3-month implied volatility rises to 6.6 Canadian bond yields rise across the curve (Updates prices and details on activity) TORONTO, Dec 18 (Reuters) – The Canadian dollar tumbled to a near five-year low against its U.S….
Source: Live Mint (Bloomberg) — Chile’s central bank cut its key interest rate by a quarter point for the third meeting and delivered a stern warning on short-term inflation challenges, raising the odds of a coming pause to its easing cycle. Policymakers led by Rosanna Costa voted unanimously to lower borrowing costs to 5% late…
Source: Live Mint (Reuters) – Indian shares are likely to open little changed on Monday, in line with Asian peers, starting the week with a focus on the U.S. Federal Reserve’s policy meeting later this week and the imminent 25-basis-points interest rate cut. The Gift Nifty futures were trading at 24,776, as of 8:10 a.m….
Source: Live Mint Broadcom jumps as it forecasts Q1 revenue above estimates Chip stocks post varied performance Investors await Fed’s Dec. 17-18 meeting (Recasts with preliminary market close) Dec 13 (Reuters) – U.S. stocks closed out the trading week near the unchanged mark in a subdued session on Friday, with the S&P 500 and Dow…
Source: Live Mint Gold prices in India extended decline on Thursday, mirroring global weakness in the yellow metal after Republican Donald Trump’s 2024 US election victory triggered a sharp correction. Analysts anticipate further short-term pressure on gold rates due to political and economic factors impacting the bullion’s safe-haven appeal. MCX gold prices have dropped over…
