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Source: Live Mint (Bloomberg) — Bank of Japan Deputy Governor Ryozo Himino signaled the possibility of an interest rate hike next week by saying that the board will be discussing it, making it clear that the option is on the table. “In conducting monetary policy, it is difficult but essential to judge the right timing,”…
Source: Live Mint (Updates with afternoon European trading) LONDON, Dec 30 (Reuters) – Euro zone bond yields dipped on Monday, edging off near-six-week highs hit at the end of last week as investors grappled with an uncertain monetary policy and borrowing outlook for 2025. Germany’s 10-year bond yield, the benchmark for the euro zone, was…
Source: Live Mint Implications for India’s monetary policy The Reserve Bank of India (RBI) faces a delicate balancing act. With the Fed signalling a slower pace of rate cuts in 2025, foreign capital inflows into India could diminish, especially as US treasury yields become increasingly attractive. This may prompt the RBI to consider steps to…
Source: Live Mint Implications for India’s monetary policy The Reserve Bank of India (RBI) faces a delicate balancing act. With the Fed signalling a slower pace of rate cuts in 2025, foreign capital inflows into India could diminish, especially as US treasury yields become increasingly attractive. This may prompt the RBI to consider steps to…
Source: Live Mint (Reuters) – Gold prices firmed on Monday, although trading was thin due to the holiday season and as investors looked for cues on the U.S. Federal Reserve’s monetary policy trajectory for next year after it signaled gradual easing in its latest meeting. Spot gold added 0.3% at $2,628.63 per ounce, as of…
Source: Live Mint (Updates for market close) By Hritam Mukherjee and Kashish Tandon Dec 17 (Reuters) – Indian shares slipped on Tuesday, on across-the-board selling as investors braced for the Federal Reserve’s monetary policy meeting for clues on its rate cut path next year. The NSE Nifty 50 fell 1.35% to 24,336 points as of…
Source: Live Mint During the week ended 6 December, the first week under the new regime of just two weekly expiries, the number of index options traded plunged 30%, data from the National Stock Exchange (NSE) and BSE showed. While 3.04 billion weekly Nifty and Sensex and monthly expiry Bank Nifty and Finnifty options were…
Source: Live Mint The Reserve Bank of India’s (RBI) decision to reduce the cash reserve ratio (CRR) in its bi-monthly monetary policy marks an important first step in its policy easing cycle. While narrowly seen as a liquidity measure, injecting close to ₹1.16 trillion in primary liquidity, the CRR cut carries broader implications. Unlike open…
Source: Live Mint Manufacturing activity has slowed amid worries that India’s consumption story is fizzling out. The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) fell to 56.5 in November from 57.5 in October. A reading above 50 indicates expansion. A key highlight of the November PMI survey was that Indian goods producers increased…
Source: Live Mint MUMBAI, – The drop in India’s benchmark bond yields and swap rates signals the central bank may address weaker-than-expected economic growth by easing monetary policy, which, traders say, will likely be via a lower cash reserve ratio than by interest rate cuts. The Reserve Bank of India’s monetary policy decision is due…
