Asian shares gained for a fifth day as a rally sparked by support measures from Beijing continued, while US stocks set fresh highs, with investors preparing for further rate cuts. Equity benchmarks rose in South Korea and Australia, while those for Japan were mixed after the yen strengthened against the dollar in the prior two … Read more
“This time around, they have raised the rates at the fastest pace since 1990 and nothing seems to have happened. And I have just written an article yesterday in ET explaining why that seems to be the reason,” says Jigar Mistry, Co-Founder, Buoyant Capital. A lot of market participants right now are very-very confused to … Read more
James Knightley, Chief International Economist, ING, says we may get a bit more information on the glide path to where we may end up in terms of interest rates at Jackson Hole. In June the Fed was saying only one rate cut this year. This will allow laying out the case whether the market’s pricing … Read more
When there are whispers and murmurs in some corridors about the need for re-evaluating the inflation targeting framework component, or tinkering with the yardstick of price pressures measurement, the message from the central bank governor was unequivocal: Don’t tamper. Apart from conveying his determination to bring inflation down to 4% as mandated by law, governor … Read more
The so-called Yen carry trade has been in focus in the past few trading sessions in the wake of the selloff in shares of US technology giants. A look at what is Yen carry trade and what it means for the financial markets worldwide: What is a Carry Trade? A carry trade is a hugely … Read more
United Airlines on Wednesday reported that its second-quarter profit rose 23% to $1.32 billion, as record crowds at U.S. airports helped the carrier overcome sharply rising costs for fuel and labor. However, United warned that third-quarter results will fall short of Wall Street expectations. Like rival Delta Air Lines, United said it was concerned that … Read more
In the ever-changing world of investments, trying to predict the future of an economy can be challenging. Whether you are an experienced investor or just starting your financial journey, understanding whether an economy is on the path to growth or heading towards a recession is crucial. Fortunately, there is a valuable tool that can provide … Read more
The coalition of parties led by Modi is unlikely to deviate from the path of fiscal consolidation, and cooling inflation will allow the Reserve Bank of India to embark on easing later this year, according to Neeraj Seth, chief investment officer and head of APAC fundamental fixed income at BlackRock. “It’s actually a good time … Read more
In the intricate world of investing, where fortunes are made and lost on a daily basis, astute investors understand that hidden gems often lie beneath the surface. These overlooked opportunities, often overshadowed by noise and chaos in the market. These opportunities have the potential to unlock substantial wealth for those who delve to explore this … Read more
This week Finance Minister Nirmala Sitharaman was addressing brokers in BSE. She appealed to the exchanges to maintain stability and mitigate systemic risk to protect the retail investor. The regulators have done a fantastic job of protecting the investors. But the onus shouldn’t be theirs alone. As a responsible individual, you too must do a … Read more
