LOW INTEREST RATES
South Korean stocks rise ahead of US jobs data South Korean KOSPI up 0.67%, driven by U.S. jobs data, Federal Reserve rate cut hopes. Samsung, SK Hynix up; LG Energy Solution down. Samsung forecasts high Q2 profit. Won appreciated, bond yields fell; Foreigners bought 411.6 billion won. Hyundai M...
05 Jul, 2024, 08.01 AM ISTDollar at three-week lows; pound takes UK election in stride The US dollar nears three-week lows awaiting payrolls data impact, while the pound remains strong amid UK election expectations. Euro stable pre-French election. Yen rebounds cautiously. Australian dollar near six-month highs. Bitcoin slightly down.
05 Jul, 2024, 07.59 AM ISTS&P 500, Nasdaq post record closing highs as data stokes hope for rate cut Exciting market dynamics unfold as Paramount Global, National Amusements, and First Foundation make significant moves, shaping investor sentiment and market trends.
04 Jul, 2024, 07.06 AM IST
Asian stocks climb, Yen rallies off historic lows: Markets wrap Investors await US jobs report and British election outcome. Unemployment rate expected to remain steady. Chicago Fed President comments on interest rates.
04 Jul, 2024, 07.00 AM ISTYen slides to fresh lows as Japan authorities stick to sidelines The Australian dollar rose on retail sales data, suggesting a Reserve Bank rate hike, while China's yuan hit an eight-month low due to local authorities' currency tolerance.
03 Jul, 2024, 12.38 PM ISTAsian stocks advance as S&P 500 closes above 5,500: Markets wrap Market euphoria as S&P 500 hits records, Calvasina bullish. Job openings up, Fed's easing stance challenged. Eyes on US payrolls data for June update.
03 Jul, 2024, 06.56 AM ISTTesla shares rally over 10% as quarterly deliveries beat estimates Tesla on Tuesday reported a smaller-than-expected 5% drop in vehicle deliveries in the second quarter, as the electric-vehicle maker's price cuts and incentives helped stimulate demand.
02 Jul, 2024, 08.28 PM ISTFed's Powell says more evidence of falling inflation needed before rate cuts The Fed has kept its benchmark policy interest rate steady in the 5.25%-5.5% range since last July, but officials are debating when to ease monetary policy as inflation edges back to the central bank's 2% target. Inflation is still more than half a ...
02 Jul, 2024, 07.35 PM ISTCASA share likely bottomed out, to edge higher in FY25 Witness a revolutionary shift in CASA ratios as private banks dominate with a 45% ratio in March 2023, outperforming public sector banks at 42% in the CASA deposit landscape. Stay informed on the latest developments shaping the banking sector dynami...
02 Jul, 2024, 11.09 AM ISTUS inflation cools in May, boosting hopes of Fed rate cut May's stable inflation, influenced by service costs and goods prices, sets the stage for potential Federal Reserve interest rate changes. The report highlights slight consumer spending growth and hints at the Fed's aim for a controlled economic slow...
29 Jun, 2024, 09.55 AM ISTGold prices hover near two-week low on firm dollar, yields Gold prices reflect global economic uncertainties amidst discussions on interest rates by central banks, impacting market sentiments. The interplay between various economic indicators and policy decisions continues to shape the trajectory of gold as...
27 Jun, 2024, 07.29 AM ISTChina's yuan eases to 7-month low on weak fixing, hawkish Fed The yuan weakens against the dollar due to central bank guidance and speculation on USDCNY pair. Federal Reserve's hawkish stance delays interest rate cuts. Foreign investors avoid China's struggling stock market, impacting the offshore yuan. The do...
26 Jun, 2024, 01.39 PM ISTDow closes at a one-month high as investors broaden portfolios The Dow reached a one-month high, but the Nasdaq fell over 1% as investors shifted from AI-linked stocks. Federal Reserve rate cuts were anticipated, impacting market movements.
25 Jun, 2024, 07.19 AM ISTDollar clings to eight-week low ahead of payrolls test The dollar's performance is influenced by ECB President's stance on easing, Bank of Japan's upcoming policy decision, and foreign exchange intervention concerns.
08 Jun, 2024, 09.29 AM ISTDollar hovers near 8-week low as payrolls test looms The U.S. dollar index remained stable near 104.13, hinting at a potential 0.5% decline for the week due to expectations of Fed rate cuts. Traders anticipate a softer non-farm payrolls report, possibly below the 185,000 forecast.
07 Jun, 2024, 07.44 AM ISTDollar wallows at multi-month lows as Fed cut bets grow The dollar faced pressure as consumer price pressures stabilized, but upcoming U.S. payroll figures are being closely monitored by analysts like James Kniveton for economic strain.
04 Jun, 2024, 08.04 AM ISTDollar firm ahead of global inflation data The dollar held steady on Monday, but was set for its first monthly loss this year, as investors were focused on U.S., European and Japanese inflation data to guide the global interest rate outlook.
27 May, 2024, 09.25 PM ISTDollar firm ahead of global inflation data Investors are focusing on U.S., European, and Japanese inflation data to guide the global interest rate outlook for the week, impacting foreign exchange trade dominated by the hunt for 'carry' and supporting the dollar.
27 May, 2024, 07.21 AM ISTUS stocks end slightly higher after Fed comments, ahead of Nvidia Nvidia, Wall Street's third-largest firm by market capitalization, will report results after the closing bell on Wednesday in what is likely to be a significant market catalyst and will test whether the outsized rally in AI-related stocks can be sus...
22 May, 2024, 07.23 AM ISTUS stocks range-bound on Fed policy caution, Nvidia results watch The Dow fared better than its peers, boosted by financials and a 1.5% rise in Microsoft, a day after the tech giant launched its new line of personal computers with AI features. JPMorgan Chase rose 1.3%, recovering from Monday's 4.5% slide. That, co...
21 May, 2024, 11.25 PM IST