Most Asian markets traded weak after the overnight fall in the US markets
Bitcoin was up 9.5% at $40,265 having nearly slid though $30,000 on Wednesday and been almost at $65,000 just over a month ago
Says flood of fiscal & monetary stimulus may build up dangerous imbalances
The yield on 10-year Treasury notes touched a one-week high, driving down shares of Apple Inc, Microsoft Corp and Facebook Inc by about 1 per cent premarket.
NEW YORK (Reuters) -Oil slid nearly 2% on Tuesday, tumbling from a two-month high, after media reports said the United States and Iran have made progress on reviving a deal restricting Iran's nuclear weapons development, that could release more barrels into the market.
Fall in Covid-19 cases, prospect of economy normalising in near term lift indices for a second day
The uptick in global markets on optimism over the economic recovery helped counter concerns over rising inflation.
Markets have been skittish in recent weeks as bumper supplies of central bank stimulus and rising prices in the United States and other countries fuel concerns some economies could overheat
Indian firms need to prepare for export boom by vaccinating employees, their family members; and prioritise export market
The jump in new Covid cases in India is spooking foreign institutional investors, says Brandt
Say volatility in India and other markets due to inflationary pressure in the US likely to be transitory
The Nifty ended the session at 14,696, with a decline of 154 points, or 1 per cent.
Profit-booking in banking, finance and metal counters further weighed on bourses, traders said
US nonfarm payrolls data on Friday showed jobs growth unexpectedly slowed in April, pushing the dollar to a more than two-month trough, making gold less expensive for holders of other currencies
Germany's Curevac, hoping for approval for its Covid-19 vaccine, tumbled 10% following news that US President has thrown his support behind waiving intellectual property rights for Covid vaccines
With China, Japan and Britain closed for public holidays, volumes were thin and Asian shares got off to a slow start, with most markets slipping into the red
Raw materials are likely to surge 13.5 per cent in the next six months
The MSCI world equity index, which tracks shares in 49 countries, fell 0.1% by 0810 GMT
The broader Euro STOXX 600 gained 0.23%
Some investors are looking past the latest surge in cases, betting that vaccines will proliferate in the developing world.