Asian stocks drop as jobs data adds to case for Fed cuts: Markets wrap

Asian stocks drop as jobs data adds to case for Fed cuts: Markets wrap

Asian stocks slipped on Monday after US jobs data added to concerns that the Federal Reserve may have waited too long to cut interest rates. Equities in Australia, Japan and South Korea racked up losses in early trading, while US futures were little changed. The dollar was steady against peers, with traders split on the … Read more

asian stocks: Global stocks hit peak level before US jobs data: Markets wrap

asian stocks: Global stocks hit peak level before US jobs data: Markets wrap

Global equities were set to hold onto record highs achieved Thursday as traders turned their attention to US jobs data due Friday for clues on Federal Reserve rate cuts. Tokyo’s Topix index touched another record, before slipping. The moves followed gains for European shares, led by French equities. US stock futures were little changed in … Read more

GIFT Nifty nearing $100 billion monthly turnover milestone

GIFT Nifty nearing 0 billion monthly turnover milestone

GIFT Nifty, which stands as a new benchmark to the growth story of the Indian equity market, recorded its highest ever monthly turnover of 21.23 lakh contracts worth Rs 7,97,714 crore or US $95.55 billion during the month of June. This is an all-time high monthly turnover for GIFT Nifty, surpassing its previous record of … Read more