economic stimulus

F&O Talk| Nifty northward rally to continue in near term, sector rotation plays crucial role: Sudeep Shah of SBI Securities

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F&O Talk| Nifty northward rally to continue in near term, sector rotation plays crucial role: Sudeep Shah of SBI Securities

Indian markets rose by 1.7% this week, marking a third consecutive weekly gain, driven by favorable global and domestic factors. The positive momentum was fueled by the US Federal Reserve’s rate cut and steady economic data, leading to increased foreign investments. Additionally, China’s economic stimulus boosted global investor confidence, particularly in Asian markets. Metals and … Read more

China’s economy is going through a ‘slow, painful, grinding adjustment,’ analyst says

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China’s economy is going through a ‘slow, painful, grinding adjustment,’ analyst says

People walk along the Huguosi street, Xicheng district, a dedicated food street in Beijing on August 23, 2024.  Adek Berry | AFP | Getty Images SINGAPORE — Following a slew of data released over the weekend from China that painted a fairly bleak outlook for its economy, analysts have tapered their expectations for the country’s … Read more

China holds back on more stimulus, citing necessary ‘pain’

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China holds back on more stimulus, citing necessary ‘pain’

A general view shows the skyline over the Central Business District in Beijing on February 28, 2023. Jade Gao | Afp | Getty Images BEIJING — China is not planning additional stimulus for the second half of the year, according to officials from the economic planning agency and finance ministry. The world’s second-largest economy grew … Read more

Gold prices back in limelight after mild correction

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Gold prices back in limelight after mild correction

Spot gold tested a new lifetime high last week due to a combination of factors that have converged to propel the demand for the yellow metal. Multiple catalysts like US rate cut speculation, China’s economic stimulus, and renewed geopolitical tensions attributed to the rise in prices. Prices on the London spot market surged near to … Read more