The First Citizen deal offered a respite after weeks of turmoil prompted by the collapse of tech-focused Silicon Valley Bank and punctuated by more bank failures and rescues. However, the impact of higher interest rates on the global economy still persists which has also been struggling with stubbornly high inflationRead More →
The trading activity in the domestic equity markets is expected to remain volatile this week as investors will focus on global cues for further direction, analysts said. F&O expiry, FII activity, and movement in the rupee and crude will also be watched by traders along with global bank stocks. 27Read More →
Global market today: On account of strong US dollar, US Fed officials hawkish stance on interest rate hike and renewed fear of US inflation, global market sentiments continued to remain negative for fourth straight session on Wednesday. Dollar index gained further strength after regaining 104 levels and put gold pricesRead More →
Strong retail sales figures in the US helped investor sentiment who are cautious due to inflationary pressures and fear of recession. Meanwhile, most Adani stocks closed higher on Wednesday. MSCI said it will postpone the implementation of updates to the Foreign Inclusion Factors for two of the Adani Group companies–AdaniRead More →
US CPI data showed prices rose 0.5% in January, more than the 0.4% forecast by economists. On the other hand, Fed officials gave mixed signals about bank’s future course of action on interest rates. Meanwhile, India’s WPI inflation eased to a 24-month low in January. 15 Feb 2023, 07:29:40 AMRead More →
Asian share markets stabilised somewhat on Tuesday after steep losses in the past 24 hours, while the U.S dollar remained elevated as investors considered the prospects interest rates would remain higher for longer in many developed economies. MSCI’s broadest index of Asia-Pacific shares outside Japan bounced slightly 0.4%, after U.S.Read More →
Investors bet that the upcoming December U.S. inflation data would be 6.5%, which would allow the Federal Reserve to slow the pace of interest rate hikes. Indian investors will keep an eye on December quarterly earnings reports from big players. 12 Jan 2023, 07:28:49 AM IST Wall Street stocks riseRead More →
