Barring the risky transfer for a while after the US Federal Reserve assembly on Wednesday, the greenback index broadly remained steady in a variety final week. The Fed lowered the rate of interest by 50 foundation factors (bps) final week to 4.75-5 per cent. The financial projection launched on this assembly has stored the probabilities open … Read more
The Japanese yen was within the information not too long ago for making a short-lived panic sell-off within the international fairness markets. The set off got here after the Financial institution of Japan elevated their rates of interest to 0.25 per cent on July 31 from its earlier 0-0.1 per cent vary. By the way, … Read more
The US Treasury yields have been knocked down badly final week. The primary set off for the autumn got here from the US Federal Reserve on Wednesday. The Fed stored the charges unchanged as anticipated. Nevertheless, the central financial institution hinted {that a} charge minimize is feasible in its September assembly. This dragged the US … Read more
Non-banking Finance Firms (NBFCs) will quickly discover abroad marketplace for fund elevating with RBI proscribing banks funding in them as a pre-caution on the again of run-away credit score off-take. The truth is, among the top-rated NBFCs have already beginning tapping into the ECB market. Amongst them, Cholamandalam Funding & Finance raised the best quantity … Read more
The US Treasury yields, and the greenback index witnessed a pointy fall final week. The autumn started after the result of the US Federal Reserve assembly on Wednesday. The Fed left the rates of interest unchanged at 5.25-5.5 per cent. The central financial institution indicated that the charges will stay increased for extra time because … Read more
The US greenback index and the Treasury yields remained subdued within the first half of the week. Barring a pointy fall within the yields, the end result of the US Federal Reserve assembly on Wednesday didn’t have a serious impression on the inexperienced again. The Fed left the rates of interest modified in keeping with … Read more
2023 was a peaceful and secure yr for the Indian rupee. The home foreign money was caught in a slender vary of 80.88 to 83.45 all by means of the yr. Rate of interest hikes within the US, sturdy rise in US Treasury yields, geopolitical tensions, banking disaster — all these had been alleged to … Read more