Shankar Sharma stirred discussions on geopolitical tensions with a tweet predicting the formation of two opposing blocs in the world: the US, UK, Israel, and Europe on one side, while Iran, Russia, China, and North Korea on the other.
2 min read3 Oct 2024Market observers anticipate a 25-bps Fed cut amid resilient US consumer spending, raising questions about its impact on Indian markets. Historical trends show that while rate cuts can favour equities, the overall effects depend on broader economic factors and indicators.
4 min read19 Sep 2024Japan’s economy expanded at a faster-than-expected annualised rate of 3.1% in the April-June quarter, rebounding from the previous quarter led by pick up in consumption.
2 min read15 Aug 2024GLOBAL-MARKETS-CARRYTRADE:Unwind of massive yen-funded carry has room to go, analysts say
2 min read7 Aug 2024GLOBAL-MARKETS/CARRYTRADE (UPDATE 1):UPDATE 1-Unwind of massive yen-funded carry has room to go, analysts say
2 min read7 Aug 2024Japan’s Nikkei 225 index and Topix rebounded more than 10%, the most since October 2008, after the yen slumped about 1% against the dollar. A weak yen led a rally in stocks of exporters such as tech companies and automakers.
1 min read6 Aug 2024Cryptocurrencies reeled from a bout of risk aversion in global markets on Monday, at one point sending Bitcoin down more than 16% and saddling second-ranked Ether with the steepest fall since the collapse of FTX in 2022.
3 min read6 Aug 2024Sensex and Nifty 50 witnessed a heavy sell-off on Monday as the rout in global equities intensified amid US recession concerns and escalating the geopolitical tensions in the Middle East.
4 min read5 Aug 2024GLOBAL-MARKETS/VIEW-ASIA (GRAPHIC, PIX):MORNING BID ASIA-All eyes on Powell
1 min read9 Jul 2024Brazil, the world’s top coffee producer, is on track to harvest a weaker-than-expected crop in a frustrating development for already tight global markets.
2 min read28 Jun 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared