Economists polled by Reuters anticipate the Federal Reserve will implement two 25-basis-point interest rate cuts this year, with the first expected next week. This shift in forecast reflects a growing concern among policymakers about the labor market’s weakening, despite ongoing inflation risks. However, significant division exists regarding the Fed’s rate trajectory by the end of...Read More

Wall Street’s main indexes opened flat on Tuesday, as investors assessed a wave of quarterly earnings from corporate majors.Read More

Gold prices are expected to open lower domestically post-Diwali following a significant drop in international spot rates. This price correction is anticipated to sustain the strong demand observed during Dhanteras, benefiting consumers, especially those with upcoming weddings. Despite high prices, festive season demand for gold has remained robust, with a notable increase in investment interest...Read More

DBS Bank India CEO Rajat Verma outlines plans to significantly boost retail and SME banking, aiming for these segments to eventually comprise over 50% of its loan book. The bank is focusing on growth in gold loans and mortgages, alongside expanding its corporate and wealth management offerings, leveraging its global expertise.Read More

India’s private companies are financially strong and adaptable. They are ready to drive national growth. Their ability to pay debts has improved, boosting financial stability. This sector navigated crises and emerged stronger. Companies are investing more, contributing to economic momentum. Sales growth shows a transition to stable expansion. Profits have risen significantly, improving profit margins....Read More

A Sebi-constituted working group is proposing to increase transaction charges for clearing corporations like NSE Clearing. This move aims to bolster their financial independence and strengthen their balance sheets, potentially impacting NSE’s standalone earnings ahead of its IPO. Clearing members may also contribute to the settlement guarantee fund.Read More

Indian equities saw modest gains in Samvat 2081 after a previous year’s rally, with domestic investors supporting the market amidst foreign selling. As Samvat 2082 begins, positive sentiment is returning, driven by hopes of GST simplification and RBI liquidity. Experts anticipate better returns this year, with opportunities in banking, consumption, and domestic-focused sectors.Read More

Equity markets are experiencing an unusual rally, with indexes and gold reaching record highs despite ongoing concerns. Volatility remains low, retail buying is strong, and AI spending continues to surge, defying historical correlations. Traders are puzzled by this ‘weird’ market behavior, questioning if recent gains are a temporary blip or a more significant warning.Read More

US stocks are seeing aggressive buying as short-sellers are caught in a squeeze. This surge is happening despite lingering uncertainty around trade talks and Federal Reserve policy. Investors are covering their short positions, pushing the market higher. However, this rally might not reflect the true economic outlook. Traders are now increasing protection against downturns, indicating...Read More

The ‘widow-maker’ trade, shorting Japanese government bonds, is now highly profitable after years of losses. JGBs have seen significant declines this year, driven by rate hike bets and fiscal spending fears. This strategy has become a top performer in global bond markets.Read More