Page 40 - Global Markets
Warning signs for global recovery as Delta variant dims outlook
Coinciding with a resurgence in the Delta variant of COVID-19, markets may be sending alarm signals about the global economic outlook,
 "Warning signs for global recovery as Delta variant dims outlook")
Stocks bounce, bond prices fall across Europe ahead of key ECB meeting
With a key European Central Bank meeting on Thursday expected to convey a dovish tone and provide a further boost, the benchmark STOXX index of the region's 600 largest shares rose 0.5%.
 "Stocks bounce, bond prices fall across Europe ahead of key ECB meeting")
Indonesia's Covid-19 surge has nervy traders recalling India stock rebound
New daily cases climbed to a record 54,517 on Wednesday, higher than India's, while the seven-day moving average jumped to 41,521 from less than 6,000 at the end of May
 "Indonesia's Covid-19 surge has nervy traders recalling India stock rebound")
Stocks, debt yields slip on biggest US inflation hike in 13 years
Stocks on Wall Street at first took the CPI data in stride, bidding up technology stocks that typically thrive with low interest rates
 "Stocks, debt yields slip on biggest US inflation hike in 13 years")
Value trade is just getting started beyond the US stock market
For all the dominance of mega-cap growth names, US stocks led the world during the cyclical upswing in the first half of the year - and that means other regions are now primed for a catch-up
 "Value trade is just getting started beyond the US stock market")
Digital-dollar fad: The Fed isn't obliged to issue electronic currency
The Fed isn't obliged to join China and other central banks in the craze to issue an official electronic currency. Private equivalents may do the job better
 "Digital-dollar fad: The Fed isn't obliged to issue electronic currency")
European stock markets reach for records as second half starts strong
Early 1% gains in London, Frankfurt, Paris and Milan meant the pan-European STOXX 600 was close to joining Wall Street back at record highs.
 "European stock markets reach for records as second half starts strong")
Mid-, Smallcaps outperform in first half of 2021; analysts see more upside
Among sectors, the metal index recorded robust performance with S&P BSE Metal and Nifty Metal indexes gaining 63 per cent in H1CY21
 "Mid-, Smallcaps outperform in first half of 2021; analysts see more upside")
The limits of central banking 'toolkit'
The change in the Fed's forecast and a possible shift in policy is perhaps a good time to review how central banks - including the RBI - responded to the crisis, and debate future possibilities
Vaccine economics: Only pros, no cons
Vaccines are an amazing deal. Use the market to deliver more, more quickly
 "Vaccine economics: Only pros, no cons")
Wall Street rises as Fed, PMI give boost; global share mkts also up
The market is still feeling the aftereffects of the Fed's surprise projection last week for rate hikes as soon as 2023, which knocked stocks
 "Wall Street rises as Fed, PMI give boost; global share mkts also up")
Global stocks sink to four-week low as hawkish Fed shift cuts risk appetite
European stocks opened lower, but the pan-European STOXX 600 index erased early losses to trade flat on the day, helped by a rise in German and Italian shares
 "Global stocks sink to four-week low as hawkish Fed shift cuts risk appetite")
Global cues, monsoon, vaccination to drive markets this week: Analysts
Besides, movement of Brent crude, rupee and foreign fund inflows would also be tracked by investors
 "Global cues, monsoon, vaccination to drive markets this week: Analysts")
US Fed prepping the markets for taper; a correction will be good: Analysts
Most Asian market equities - Nikkei, Sensex, Hang Seng and Kospi - lost ground in trade on Thursday as a result of the overnight development
 "US Fed prepping the markets for taper; a correction will be good: Analysts")
Global stocks lower after US Fed moves up interest rate hike forecast
The Fed indicated it sees the US economy improving faster than expected.
World stocks near record high as investors await dovish Fed Reserve act
Japan's Nikkei rose 0.35% while MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.1%
 "World stocks near record high as investors await dovish Fed Reserve act")
Global Markets: Stocks hover near record highs as bond yields slide
Investor sentiment rose in Europe after the European Central Bank raised its growth and inflation projections on Thursday, and also renewed a pledge to keep stimulus flowing
Gold prices fall as firmer dollar offsets easing US bond yields
Spot gold was down 0.2% at $1,886.76 per ounce, after rising more than 1% in the previous session
 "Gold prices fall as firmer dollar offsets easing US bond yields")
Asia markets breathes sigh of relief as US job data fails to shock
Attention will now turn to the U.S. consumer price report on Thursday where the risk is of another high number, though the Fed still argues the spike is transitory
Asia shares off three-month highs, caution ahead of US economic data
Asian shares were a touch below a recent three-month top with China a tad weaker as investors weighed inflation concerns ahead of key US economic data while oil prices rose to near 1-1/2 year highs