Indian Stocks Rise On Strong Bank Earnings, Asian Markets Advance
Indian stocks rose on Monday following a series of strong earnings from heavyweight bank stocks, while broader Asian stocks rose slightly, although market holidays dulled trading volumes across most of the region. India’s BSE Sensex 30 and Nifty 50 indexes rose 0.7% each, buoyed largely by major bank stocks following better-than-expected results from ICICI Bank […]
European stocks slip lower; Ocado struggles with in-store shopping return
European stock markets edged lower Tuesday, as investors digested dire Chinese growth numbers as concerns about the global economic outlook remain high. At 04:15 ET (09:15 GMT), the DAX index in Germany traded 0.2% lower, the CAC 40 in France fell 0.1% and the FTSE 100 in the U.K. dropped 0.2%. European equities have had […]
Dow Futures Tick Higher, Fed Minutes In Focus
U.S. stock futures were trading higher during Monday’s evening deals, with market participants looking ahead to a busy week of economic data and the release of the U.S. Federal Reserve’s latest meeting minutes. By 6:356pm ET (11:35pm GMT) Dow Jones Futures and S&P 500 Futures were up 0.3% while Nasdaq 100 Futures added 0.2%. Ahead […]
Dow Futures Dip After Positive Week
U.S. stock futures were trading lower during Sunday’s evening trade, after major benchmark indices finished the holiday shortened week higher as investors proved optimistic amid potentially smaller interest rate hikes from Federal Reserve policymakers. By 6:36pm ET (11:36pm GMT) Dow Jones Futures were down 0.2%, S&P 500 Futures fell 0.3% and Nasdaq 100 Futures were […]
Asia FX Hunkers Down Ahead of Fed Meeting, Dollar Slips
Most Asian currencies moved little on Wednesday as caution kicked in ahead of a widely expected interest rate hike by the Federal Reserve, while the dollar fell amid hopes that the central bank will espouse a less hawkish outlook. The Japanese yen bucked the trend, rising 0.7% on expectations that the government will intervene further […]
Indian economy showing resilience and recovery: CEA
However, there are challenges, and geopolitics is messy for which foreign investors are cautious, the CEA said. Chief Economic Advisor (CEA) V Anantha Nageswaran has said the Indian economy was on the path to recovery but cautioned that foreign investors may remain cautious because of geopolitical challenges. Speaking at a virtual seminar organised by Swadeshi Research Institute, […]