Global markets are on edge ahead of the Fed’s policy decision, with most expecting a 25-basis-point rate cut, while a 50-basis-point cut is also being discussed. A weaker labor market and low inflation have intensified speculation, and a softer dollar is fueling talk of capital flowing into emerging markets.Read More
Shares of Redington Ltd surged 16% to a day’s high of Rs 280 on September 16, driven by excitement around the iPhone 17 launch, with sales starting September 19. The stock gained as the company manages the supply chain for Apple products, leveraging its long-standing partnership and handling logistics, warehousing, and distribution across India, the Middle East, Turkey, Africa, and South Asia.Read More
Euro zone bond yields were little changed on Tuesday, tracking muted moves in their U.S. counterparts, as investors prepared for the Federal Reserve to resume its easing cycle this week following a nine-month hiatus.Read More
European shares slipped on Tuesday, dragged by a drop in rate-sensitive banks and insurance sector stocks, as investors turned cautious ahead of a highly anticipated monetary policy verdict by the U.S. Federal Reserve on Wednesday.Read More
Japan’s Nikkei share average closed at a record high for a fourth consecutive session on Tuesday, as investors scooped up chip-related stocks ahead of the U.S. Federal Reserve’s crucial policy decision on Wednesday.Read More
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