The Indian rupee ended little changed on Tuesday as periodic interventions by the Reserve Bank of India slowed the currency’s rate towards the psychologically important level of 91 per dollar.Tepid global risk sentiment and steady demand for hedging from importers have kept the currency lower even after it recovered from near record lows around 92 […]
Agreements with the U.S. and European Union helped allay fears that geopolitics and tariff turbulence would continue to weigh on the $5.2 trillion market. However, this relief has done little to offset concerns about business fundamentals, especially after Indian stocks posted the worst returns among major global peers in January.Earnings growth has been lagging for […]
Oil prices rose for a third day on Thursday on growing concerns that the US could launch a military attack on key Middle Eastern producer Iran, disrupting supplies from the region. Brent crude futures rose 50 cents, or 0.73%, to $68.9 a barrel by 0216 GMT, but U.S. West Texas Intermediate crude rose 58 cents, […]
As President Donald Trump enters the second year of his second term, global markets are once again roiled by the geopolitical and tariff-related uncertainty that marked his return to power. According to a Reuters report, investors who have grown accustomed to sharp market rebounds have become increasingly concerned that the current bout of volatility could […]
Foreign institutional investors (FIIs) sold domestic equities worth Rs 22,530 crore in the first half of January, extending their selling streak. The pace of outflows accelerated in the holiday-shortened week, with foreign investors selling Rs 14,266 crore worth of shares in just four sessions.FIIs remained net sellers and extended their recent selling trends as tariff-related […]
European shares extended their pullback on Thursday as investors recalibrated their bets after a strong start to the year, with geopolitical risks and big earnings updates in focus.The STOXX 600 index fell 0.2% to 604.09 at 08:13 GMT, and is set to be in the red for a second straight day if current levels hold. […]
Global stocks retreated from all-time highs and oil fell further on Wednesday as US President Donald Trump’s plan to seize Venezuela’s crude reserves and his latest message on Greenland forced a New Year’s rally to take a breather. Brent crude oil futures fell as much as 1%, heading for a second day of losses after […]
Amid a dramatic escalation in United States (US) foreign policy, with Washington taking control of Venezuela, global financial markets appeared largely unfazed. However, some investors warn that geopolitical risks may be significantly undervalued. Reuters reported.Asian shares rose at the start of the week, while oil prices fell and gold posted modest gains as demand for […]
The oil prices remained stable on Monday after last week’s win, because the markets were waiting for the outcome of renewed trade negotiations in the US-China in London. Brent remained above $ 66 per barrel after an increase of 4% last week, with West Texas intermediary floating near $ 65.American and Chinese negotiators are planned […]