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Source: Live Mint Fed Chair Powell signals no rush for rate cuts Dollar sits near 1-yr top, euro struggles amid policy divergence Asian shares set to end brutal week on steadier note Yen bears on alert as Japan issues FX warning SYDNEY, – The U.S. dollar was poised for a big weekly gain on Friday,…
Source: Business Standard 3 min read Last Updated : Oct 16 2024 | 10:59 AM IST Spot silver at the time of the MCX closing was trading at $31.04, up nearly 1.60 per cent on the day. The MCX December silver contract at Rs 90,283 (LTP) was up 1.59 per cent. Silver…
Source: Business Standard 3 min read Last Updated : Oct 09 2024 | 7:25 PM IST FTSE Russell announced that it will include India’s sovereign bonds in its Emerging Markets Government Bond Index (EMGBI) starting September 2025. The inclusion of India’s debt in the $4.7 trillion EMGBI will take place over a six-month period….
Source: Business Standard Stock Market Today, October 09, 2024: All eyes are on the RBI policy meeting outcome, which is expected to influence market sentiment today. Amid this anticipation, benchmark indices—Nifty50 and Sensex—are likely to see a positive opening. RBI’s new monetary policy committee may be well-placed to set the stage for an…
Source: Live Mint FPIs net invested ₹57,359 crore in September, the most since ₹66,135 crore in December last year, shows National Securities Depository Ltd (NSDL) data. September has recorded the fourth-largest FPI net inflows to date, aided partly by global index provider FTSE’s semi-annual rebalancing, which resulted in around ₹7,000-10,000 crore inflows this month, thanks…
Source: Business Standard 2 min read Last Updated : Sep 17 2024 | 11:43 PM IST By the time the next edition of Business Standard hits stands, the US Federal Reserve (Fed) may have lowered interest rates for the first time in four years. To cool inflation, the US central bank raised rates…
Source: Business Standard It said that for 200-bps-plus of rate cuts, recession risks would have to spike, which is unlikely, and it expects aggregate rate cuts of 150 bps by the end of 2025 (Photo: Bloomberg) 2 min read Last Updated : Sep 16 2024 | 10:26 AM IST Indian government bond yields were…
Source: Business Standard The odds of what it will be have seen quite a bit of choppiness. (Photo: Shutterstock) 2 min read Last Updated : Sep 16 2024 | 9:09 AM IST The Indian rupee is expected to receive a boost on Monday from the increasing probability that the US Federal Reserve will deliver…
Source: Live Mint What ‘world peace’ is to Miss India contestants, ‘geopolitical risk’ is to fund managers – a cliched answer that they spout when faced with the inevitable ‘What is the risk?’ question. Bertie, too, has often used this platitude and when his client recently asked him the oft-repeated risk question, he unfurled the…
Source: Business Standard 5 min read Last Updated : Sep 10 2024 | 10:36 AM IST Nomura on Indian banks: Tokyo-headquartered international brokerage firm Nomura has reduced its target prices for some of the private and public lenders ahead of the US Federal Reserve’s policy meeting scheduled for next week. The brokerage…
