Indian stock market: The domestic equity market indices, Sensex and Nifty 50, are expected to open lower on Thursday amid ongoing conflict between India and Pakistan, and mixed global market cues. Asian markets traded mixed, while the US stock market ended higher after the US Federal Reserve policy. On Tuesday, the Indian stock market ended…
The Indian stock market logged its longest weekly winning streak of the year, driven by gains in index heavyweights, steady foreign inflows, and renewed optimism over the India-US trade deal. Gains were capped by profit booking over India-Pakistan geopolitical tensions after the Pahalgam terror attack. Next, investors will monitor some key market triggers in the…
Stock market today: The main domestic stock indices, Nifty 50 and Sensex, opened on a positive note on Wednesday amid optimism regarding a reduction in trade tensions after US President Donald Trump indicated that tariffs on Chinese goods would be significantly lowered following an agreement, though not eliminated entirely. As of 9:15 IST, the Nifty…
Tokyo, Asian shares mostly rose Wednesday, with markets showing relief after President Donald Trump indicated he won’t dismiss the head of the US Federal Reserve. Japan’s benchmark Nikkei 225 gained 1.7 per cent in morning trading to 34,797.22. Australia’s S&P/ASX 200 surged 1.6 per cent to 7,943.00. South Korea’s Kospi gained 1.2 per cent to…
Asian stocks were poised for a cautious start on Friday, following a weekly decline in U.S. equities driven by disappointment over Jerome Powell’s resistance to the notion of the Federal Reserve backing the markets. Futures for Japan’s equity index suggested modest gains at the open, whereas Hong Kong futures pointed to a decline, with several…
Asian markets traded mostly higher on Thursday, while US stock market ended sharply lower overnight amid concerns over economic growth. While Japanese and South Korean markets traded higher, Hong Kong markets are likely to open on a weak note. Here’s a look at global markets today: Asian Markets Japan’s Nikkei 225 gained 0.59% at open,…
The US dollar index, which measures the greenback against six major peers, extended its decline to the fourth straight session on Friday, April 11, tumbling 2% to slip below the 100 mark for the first time since July 2023, reaching 99.02. With today’s fall, the US dollar has lost 4.21% of its value so far…
(Bloomberg) — US Federal Reserve Governor Michelle Bowman is set to face scrutiny at a Senate Banking Committee hearing on Thursday as lawmakers consider her nomination to serve as vice chair for supervision. Senators on both sides of the panel are likely to ask how Bowman plans to comply with an executive order that curbs…
It’s easy to think that the Jerome Powell-led US Federal Reserve has been one of the unluckiest on record. From the 2020 pandemic and its messy aftermath to the current tariff-induced economic and financial volatility, it has faced one big external shock after the other. Powell has had repeated run-ins with President Donald Trump, lost…
A week is a long time in politics,” quipped former UK prime minister Harold Wilson during the 1964 sterling crisis that led to the devaluation of the pound and eventually saw it replaced by the dollar as the international reserve currency. Fast forward to April 2025. To the turmoil in global markets in the week…
