The FinTech Hub
Source: Live Mint Goldman Sachs is becoming more cautious about US credit and equity markets, becoming the latest Wall Street banking major to sound the alarm amid concerns of the escalating trade war battering the world’s largest economy. For equities, a team led by Goldman Sachs’s David Kostin cut their year-end S&P 500 target to…
Source: Live Mint Euro hits five-month high after Ukraine agrees to ceasefire Canadian dollar rebounds from losses after Trump slaps new tariffs Dollar index on track for 7-day losing streak By Chibuike Oguh and Yadarisa Shabong The euro hit a five-month high on Tuesday after Ukraine agreed to a 30-day ceasefire proposal, while the dollar…
Source: Live Mint The United States Dollar dropped to a five-month-low against the Japanese Yen and the Swiss franc on Monday, March 10, as the markets witnessed concerns about Donald Trump’s tariffs and a potential economic slowdown in the US, reported the news agency Reuters. According to the report, the currency markets are fixated on…
Source: Live Mint The Indian stock market snapped its three-week losing streak and staged a sharp recovery, driven by favorable global and domestic cues amid US tariff-related developments, instilling fresh confidence among D-Street investors. Next, investors will monitor some key market triggers in the second week of March. Retail inflation, Donald Trump’s tariff announcements, the…
Source: Live Mint A Friday rally can’t hide the fact that the stock market is stuck in an ominous pattern—and it’s not clear what will shake it out. Indexes notched their worst weekly performances in months as markets were whipsawed on tariff news. The S&P 500 rose 0.6% on Friday but fell 3.1% on the…
Source: Live Mint Indian stock market: After a two-day relief rally, Indian technology stocks resumed their losing streak on Friday, March 6, tracking the 2.6% slide in the Nasdaq Composite overnight. Mounting global trade tensions and weak economic data from the U.S., the world’s largest economy, are signaling weakness and unsettling investor sentiment, as this…
Source: Live Mint Bund yields edge higher again after biggest jump since 1990s Euro hits new 4-month high after ECB news U.S. stocks sharply lower in afternoon trading (Updates to late US afternoon) NEW YORK, March 6 (Reuters) – Stock indexes fell sharply in volatile trading Thursday as investors took in the latest announcements from…
Source: Live Mint US waterborne crude imports hit lowest point since March 2021 – Kpler Canadian crude imports fall to lowest since April amid 67% drop in East Coast shipments Refinery maintenance, including at largest East Coast plant, hits demand Uncertainty over impending tariffs also curbed shipments HOUSTON, March 5 (Reuters) – U.S. waterborne crude…
Source: Live Mint CrowdStrike dips on bleak revenue forecast Intel drops after Trump’s plans to kill chips subsidy law US service sector expands in February; price growth accelerates Nasdaq Composite on track to confirm correction Indexes up: Dow 0.94%, S&P 500 0.87%, Nasdaq 1.07% By Johann M Cherian, Sukriti Gupta and Chibuike Oguh March 5…
Source: Live Mint Indian stock market: After 10 days of decline (Nifty 50), bulls finally took charge of the Indian market in today’s session, March 05, brushing aside Donald Trump’s threats of reciprocal tariffs on Indian imports. All 13 major sectoral indices ended in the green, while the broader market also rebounded strongly, bringing much-needed…
