Global markets slid on Wednesday on a rout in government bond markets on rising yields. The benchmark US treasury yields hit fresh 16-year highs on high interest rates worries. MSCI’s gauge of stocks across the globe shed 0.20%. Investors across the global markets fear that high rates would slowdown theRead More →
A spike in Vedanta Ltd’s delivery volumes, or the number of shares being bought and held by investors, before the formal announcement of its corporate restructuring on 29 September has raised concerns among market participants. Vedanta saw almost 15.7 million shares change hands on 27 September, two days ahead ofRead More →
On Wall Street in the week ahead investors are likely to focus on crude oil prices as OPEC+ meet is slated to be held on Wednesday. Ministers from the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, known as OPEC+, will meet on October 4. OilRead More →
MUMBAI : The MCX stock surged 9% to an almost two year intraday high of ₹2,114.40, after the country’s largest commodity derivatives bourse informed the stock exchange that it would migrate to the TCS commodity derivatives platform by 3 October. The Street cheered the news as the migration will endRead More →
Global markets extended the sell-off on Wednesday, as crude oil prices and US treasury yields climbed. Across the global markets, investors’ mood was gloomy as they fretted over the possibility of major central banks holding interest rates higher for a prolonged period. US stocks On Wall Street, the US stockRead More →
Global stock markets fell on Tuesday as investors’ fears increased that interest rates will rise again and stay elevated for a prolonged period to tame inflation. Investors across the global markets fear that keeping rates high for too long could drag economies into recession. Bond yields soared to multi-year highsRead More →
The global markets fell marginally on Monday over lingering worries that interest rates will remain higher for longer. Surging bond yields also weighed on global markets, with the MSCI All-World index down 0.05%. Last week, warnings from central banks including the US Federal Reserve and Bank of England of furtherRead More →
On Wall Street in the week ahead, investors’ key focus will be on an inflation trend as the US PCE inflation report is slated to be released on September 29. The Core PCE inflation is also known informally as the Federal Reserve’s preferred inflation gauge. Other economic reports investors wouldRead More →
MSCI’s gauge of stocks across the globe shed 1.19%. The US Federal Reserve, the Bank of England, and other central banks in Europe have warned that more interest rate hikes could come further as they continue to worry about inflation. Rising bond yields across the world also pushed the globalRead More →
US stocks declined on Wednesday after the Federal Reserve left key interest rates unchanged, but said it could hike rates again this year. The US central bank also revised economic projections higher with a warning that battle against inflation was far from over. The S&P 500 lost 42.02 points, or 0.95%,Read More →
