Latest Updates Around The World
Eurozone government bonds got off to a steady start on Wednesday despite a sharp drop in gold values and growing uncertainty on the geopolitical front, while French bonds held to their recent range ahead of a rating review this week. A planned summit between US President Donald Trump and Russian President Vladimir Putin was suspended […]
After a strong start to October, optimism in the cryptocurrency market is starting to fade, with renewed volatility hitting digital assets. Bitcoin and Ethereum have fallen again over the past 24 hours as traders continued to absorb the fallout from the massive ‘flash crash’ of early October, when more than $19 billion in leveraged positions […]
Gold prices continued their decline on Wednesday, retreating further after a record rally earlier this week as traders cashed in on gains and sentiment improved after signs of thawing US-China relations. Spot gold fell 0.4% to $4,109.19 an ounce, following Tuesday’s steep 5% decline, the sharpest one-day drop since August 2020. The reversal came after […]
Indian stock markets may be gearing up for their next phase of growth – and large caps could finally be in the driver’s seat. According to Deepak Shenoy, founder and CEO of Capitalmind Mutual Fund, early signs from the September quarter results point to resilience in the financial and auto sectors, with mid and small […]
After three brutal months of foreign exodus, Dalal Street is coming back to life. The Sensex has risen 4,159 points, a blistering 5% gain, in October alone, powered by a dramatic turnaround by foreign institutional investors (FIIs) who have pumped more than Rs 7,300 crore back into Indian equities. The benchmark index is now tantalizingly […]
Oil prices rose higher for a second day on Wednesday, buoyed by sanctions-related supply risks, hopes for a US-China trade deal and news that the US is seeking oil to supply its strategic reserves. Brent crude futures rose 18 cents, or 0.29%, to $61.50 a barrel as of 0137 GMT, while U.S. West Texas Intermediate […]
After a symbolic and spirited Muhurat trading session that marked the beginning of Samvat 2082, Indian stock markets will remain closed on Wednesday, October 22, for Diwali Balipratipada, a festival that celebrates prosperity and renewal. Both the BSE and NSE will resume normal trading on Thursday, October 23. Tuesday’s one-hour Muhurat trading session – a […]
Global bond funds have been attracted – and repeatedly burned – for decades by a trade known in Japan as the “widow maker.” The idea is simple: Borrow and sell Japanese government bonds in anticipation of falling prices, before buying them back and pocketing the difference. The strategy takes its name from piling up losses […]
Japan’s Nikkei stock index closed at a record high on Tuesday, led by consumer shares, after budget dove Sanae Takaichi voted in parliament to become the country’s first female prime minister. Earlier in the day, the stock index rose as much as 1.55% but gave up most of its gains in choppy trading after Japan’s […]
As Samvat 2082 begins, brokers are boosting investor sentiment with a bouquet of over 50 stock ideas to capture India’s next phase of earnings growth. After a subdued Samvat 2081, when benchmark indices underperformed global peers, analysts see a rebound in earnings, GST 2.0 reforms and policy-led consumption growth as key catalysts that could drive […]
