Latest Updates Around The World
Global stock markets rallied after a 25 basis point rate cut by the US Federal Reserve, although analysts warn that future moves by the Fed remain uncertain. Treasury yields fell, the dollar weakened, stocks rose and gold gained.Mixed signals from the Fed Mitul Kotecha of Barclays, in an interview with ET Now, noted the Fed’s […]
The rupee struggled to hold course on Thursday, stuck in a narrow range before ending marginally higher as inflows into local equities and selling of dollars by state-owned banks offset importers’ demand for the US currency for hedging. The rupee had opened higher at 87.8325 per US dollar, supported by a media report that Washington […]
