After a short correction, the US dollar gains back strength, soaring near to July’s two-decade high with broad effects on global financial markets. The US Dollar has been appreciating against other currencies since mid-2021, but the most rapid rate of the increase happened since the Russian invasion of Ukraine. The dollar index, which measures the … Read more
In a surprise to many, US corporate earnings have been better than expected amid the recession buzz in the world’s largest economy. Majority of the companies have remained resilient in the adverse macroeconomic environment. More than half of US companies have announced their June quarter earnings so far and analysts reckon that three-fourth of them … Read more
The Association of Mutual Funds in India (AMFI) had recently asked asset management companies (AMCs) to stop accepting fresh lump sum and SIP investments in schemes that invest in overseas securities. As mandated by the Reserve Bank of India (RBI), Indian mutual funds registered with the Securities and Exchange Board of India (Sebi) are allowed … Read more
For two years, the stock market has been largely able to ignore the lived reality of Americans during the pandemic — the mounting coronavirus cases, the loss of lives and livelihoods, the lockdowns — because of underlying policies that kept it buoyant. Investors can now say goodbye to all that. Come 2022, the Federal Reserve … Read more
2021 was quite the year for Wall Street. Despite constant Covid and inflation-related headwinds, the S&P 500 clocked more than 25 per cent returns in the year. To add to it, 2021 not only saw the highest IPO volumes on Wall Street since 2000, but also saw huge retail trading volumes during the Gamestop and … Read more
NEW YORK: COVID-19 has resurfaced as a worry for investors and a potential driver of big market moves after a new variant triggered alarm, long after the threat had receded in Wall Street‘s eyes. Worries about a new strain of the virus, named Omicron and classified by the World Health Organisation as a variant of … Read more
By Lu Wang and Claire Ballentine With bond yields jumping and inflation expectations surging, this would seem like a strange time for optimism to break out among Wall Street’s equities handicappers. But that’s exactly what it has done. And the reasons offer a lens into what kept the stock market’s worst three-day decline since October … Read more
Dalal Street looked headed for some selloff on Friday, or at least that’s what Nifty futures trading on the Singapore Exchange seemed to be signalling. At 8.15 hours (IST), SGX Nifty traded 191 points lower at 14734.7. Domestic equity investors are going to react to weak cues from Asian markets, a bleak Covid-19 situation and … Read more
NEW DELHI: Nifty made a gap opening on Wednesday but succumbed to profit booking and formed a small indecisive bearish candle with a long lower shadow. The headline index managed to settle a tad higher than its previous close. After narrow trading for the last five sessions with indecisive candle formations, the index appears to … Read more
NEW YORK: U.S. stocks closed 2020 on a strong note, and many investors are betting the party will continue after a tumultuous year that marked both the end of the longest bull market and the shortest-lived bear market ever. Risks abound, including a resurgent coronavirus pandemic, concerns about the speed of rollout of vaccines and … Read more