The FinTech Hub
Source: Live Mint JP Morgan & Co. chief executive officer Jamie Dimon sounded a warning for the US economy, as he flagged stagflation risk amid multiple challenges like geopolitics, deficits and price pressures. Speaking at JPMorgan’s Global China Summit in Shanghai, Dimon rejected the idea that the US economy is currently in a “sweet spot.”…
Source: Live Mint On April 4, 2025, the Trump administration formally announced the reintroduction of sweeping “reciprocal tariffs.” These proposed duties aimed to match or exceed the import tariffs other nations impose on American goods. Despite their aggressive tone, they have deferred their actual implementation by 90 days, bringing the effective date to early July…
Source: Live Mint Gold rate today: Following easing tension in the US-China trade war and reduced safe-haven demand for the precious yellow metal, gold prices remained under pressure for the second straight week. MCX gold rate ended at ₹92,700 per 10 gm on Friday, logging ₹6,658 from the record high of ₹99,358 per 10 gm….
Source: Live Mint It may not last. Trump took steps to calm markets last week by easing his criticisms of Federal Reserve Chair Jerome Powell and suggesting the administration may soon lower its staggeringly high China tariffs. But negotiations are dragging out as the economic hit nears. And there is little reason to believe that…
Source: Live Mint Gold rate today: Following a rebound in the US dollar rates and ease in the US-China trade war tension, gold prices have been under the selling heat for the last three sessions. After climbing to the record high of ₹99,358 per 10 gm levels, MCX gold rates ended just above ₹95,000 per…
Source: Live Mint Prominent financial commentator and stockbroker Peter Schiff has intensified his criticism of the US economy and the Federal Reserve. He has asserted that the nation is on the losing end of its ongoing economic trade war with China. In a recent post on X (formerly Twitter), Schiff stated that: “Bessent seeing a…
Source: Live Mint Gold rates today are on an uptrend due to the economic uncertainty of Trump’s tariffs and the renewed fear of a slowdown in the US economy. In the YTD time, MCX gold rate has risen around 25%, whereas it has risen from ₹44,906 per 10 gm to ₹95,239 per 10 gm (from…
Source: Live Mint Credit investors are looking to pounce on new opportunities resulting from the wild swings in global financial markets triggered by the US-China trade war. Average spreads in the US high-yield bond market are about 419 basis points — lingering around the highest since late 2023 — while prices in the leveraged loan…
Source: Live Mint Gold rate today: Following the escalating US-China trade war tensions and a weakening US dollar after an unexpected shift in Donald Trump’s tariff policy, gold prices climbed to a new peak in domestic and international markets. MCX gold rates settled at ₹93,887 per 10 gm after hitting a new high of ₹93,940…
Source: Live Mint India’s IT services companies were beginning to see improving demand for tech services in the US, their biggest market. But if the trade war unleashed by US President Donald Trump pushes his country into a recession, IT clients could tighten their discretionary spending budgets again, according to experts. The jitters are already…
