The ADTV for the futures and options segment (both NSE and BSE combined) stood at Rs 147.5 trillion - a gain of 2 per cent MoM
Hiring remains strong despite technology companies, including Twitter, Amazon, and Meta announcing thousands of jobs cuts
Our financial system needs more time for the broad-based transmission of the past concentrated increases in the repo rate (190 basis points in just four months)
Fall in US dollar index seen providing revaluation boost to RBI reserves
Gold prices have risen about 2.3% this week in what would be their second straight weekly gain
Shares retreated in Asia on Friday after a mixed day on Wall Street as optimism over signs the Federal Reserve may temper its aggressive interest rate hikes was replaced by worries the economy might be headed for a recession. A US measure of inflation that's closely watched by the Federal Reserve eased in October, raising questions over the central bank's determination to keep raising interest rates to tame price increases. And activity in American manufacturing contracted in November for the first time since May 2020, according to the Institute for Supply Management. The report also showed that prices are falling. Slower growth due to tighter monetary policies has slowed new orders and order backlogs, which saw manufacturing conditions contracting for the first time since June 2020," Jun Rong Yeap of IG said in a report. That may suggest that with inflation risks behind us now, bad news' in economic data may not be good news' for markets as recession fears could be brewing," he ..
So far in 2022, the Fed has hiked rates by a total of 375 bps, leading to a stronger dollar and diminishing the appeal of emerging market assets
The Fed Chair did acknowledge, like other policymakers, that the central bank had a long way to go to achieve price stability
Powell's comments at the Brookings Institution in Washington sent Wall Street equities soaring, while the U.S. dollar and Treasury yields fell
The Federal Reserve could scale back the pace of its interest rate hikes "as soon as December," Fed Chair Jerome Powell said
Elon Musk on Wednesday said the US Federal Reserve needs to immediately cut interest rates as a severe recession is looming, ahead of the speech by Fed Chair Jerome Powell at a US event on the outlook
The greenback had extended gains after St. Louis Fed President James Bullard said overnight that the Fed needs to raise interest rates quite a bit further
Primary market momentum seen sustaining in an otherwise 'lacklustre' month
Says domestic demand recovery will support growth
After underperforming for 2 yrs, silver has risen in line with benchmark indices but one should limit exposure to it to 5-10 per cent of portfolio
The dollar was struggling to make headway after thin trading on Thursday due to the U.S. Thanksgiving holiday
The 10-year Treasury yield dipped to 3.659%, the lowest since Oct. 5 in Tokyo trading, after Thursday's US Thanksgiving holiday; the two-year yield slipped to a one-week bottom at 4.44%
Spot gold gained 0.2% to $1,758.41 per ounce by 0223 GMT, and was up 0.5% so far this week. U.S. gold futures rose 0.7% to $1,758.30
The dollar stood close to a three-month low and was on track for a weekly loss on Friday, as the prospect of the Federal Reserve slowing monetary policy tightening
US Fed minutes indicate slower pace of rate hikes, investors cheer