In just about three months since President Donald Trump returned to the White House, Wall Street has hemorrhaged a staggering $8 trillion in market value, a collapse that underscores the scale of economic turmoil unleashed by his aggressive trade policies. Even more alarming is that $5 trillion of those losses were incurred in just the … Read more
Oil prices were heading towards their lowest close since the midst of the coronavirus pandemic in 2021 on Friday, hit by U.S. President Donald Trump’s barrage of new tariffs and output increases announced by the OPEC+ producer group. Brent futures plummeted by $2.29, or 3.3%, to $67.85 a barrel by 0948 GMT. U.S. West Texas … Read more
U.S. equities followed European stocks higher on Friday to end a bumpy week on a positive note, although safe-haven gold hit a record high with investors still showing some signs of anxiety about the economic impact of tariffs. German government bond yields and the euro rose on Friday, with German Chancellor-in-waiting Friedrich Merz saying he … Read more
MF investment: Indian investors are increasingly seeking opportunities in global markets to maximise their investment returns, especially around the US elections 2024. Major Wall Street indices such as Dow Jones (DJI), Nasdaq (IXIC), and the S&P 500 (GSPC) have delivered impressive returns over the past five years, attracting investors looking for lucrative investment avenues. Mutual funds, … Read more
In an era where financial landscapes are becoming increasingly interconnected, the adage “think global, act local” has never been more relevant. Diversifying investments beyond domestic borders is no longer a strategy reserved for institutional investors or financial titans. Today, individual investors have unprecedented opportunities to shrink borders and access a world of economic opportunities and … Read more
Investors are facing a pivotal week as a key measure of inflation that hits Tuesday and the Federal Reserve’s interest-rate decision on Wednesday are expected to set the tone for the stock market and economy heading into 2024. Growing speculation that the Fed is done hiking rates and will start cutting by mid-year is fueling … Read more
The impact of the Israel-Hamas war on the world economy may take time to become apparent but it would worsen if it spread to the Middle East, notably Iran, a major oil producer and Hamas sponsor. The global economy would be affected by rising oil prices near $90. Further escalation of the conflict towards other … Read more
Mumbai: Indian equities weakened on Monday as heightened uncertainty over the Israel-Hamas conflict led to a flight of money, across global markets, to safe-haven assets such as gold and the US dollar. The surge in oil prices in the wake of the geopolitical tensions also soured sentiment among investors, already anxious about the persistent inflation … Read more
The growing likelihood of a US recession and a pause in the Federal Reserve’s rate hikes is reshaping the global landscape, and prompting Asia’s stock pickers to recalibrate their bets. Value is seen in consumer discretionary and tech services shares, with investors likely to gravitate toward markets that rely on local or regional demand. On … Read more
“We are not in a stage where we are in an overheated economy, as it was in the past and banks are not holding toxic assets. So, I think it is a little different but the fear is there of something might happen like it happened last time,” says Vinod Karki, Head of Strategy, ICICI … Read more