FEDERAL RESERVE SYSTEM
No turning point in sight as IMF predicts sluggish global growth
The IMF trimmed back its global growth forecasts, mostly due to a slowdown in India.
Bank of America beats on bond trading boost, loan growth
Bank of America reported a 25% rise in bond trading revenue, although that was far s...
Gold gains as investors doubt impact of US-China Phase 1 deal
Spot gold rose 0.4 per cent to $1,552.37 per ounce
Battered rupee to extend losing streak this year: Poll
The rupee has suffered from persistent weakness in the domestic economy.
India opening up will be beneficial for potential growth: Nouriel Roubini
It is true that when there is a major global shock, a country like India might be sheltered compared to a larger open economy like China or ...
Markets seriously underpricing US-Iran risks, threat not over: Nouriel Roubini
There will be a recession only if there is a full-scale war and if oil is above $100 per barrel. If oil prices were to go up to $80/ barrel, there will be a negative growth impact on the global economy. Even within the US, while gas and oil producers will have a windfall, consumers are going to be hurt.
Safe-haven currencies jump after US air strike in Iraq
The yen hit a two-month high of 107.92 against the US dollar and was last up 0.5 per cent.
Dollar’s losses may just be getting started
The currency is set to extend losses as a truce in the US-China trade war and signs that global growth is improving sap demand for haven assets.
Bulls eye pushing Sensex beyond 50K in 2020; Budget, US polls key factors
Nifty and Sensex are expected to continue their uptrend in 2020
FII flows to Indian stocks hit record in 2019, analysts gung ho about 2020 too
FIIs pumped in a net of more than Rs 1 lakh crore in Indian stocks during the year gone by.
RBI to buy longer-duration bonds Monday
The benchmark bond yield surged 30 basis points since RBI’s bi-monthly policy in the first week of December 5, when Mint Road kept the repo rate unchanged despite consensus expectation of a quarter percentage point cut.
Wall Street slips from near-record highs in Christmas Eve trade
All three major stock indexes notched all-time closing highs on Monday.
Google searches for 'Operation Twist' surge in India
The Reserve Bank of India will buy longer-tenor bonds while selling shorter debt. The concept is similar to Operation Twist used by the Fed in 2011-2012.
Trump’s Fed attacks do shape the markets
Goldman Sachs said there is “weak evidence” to suggest markets are moved by the Tweets.
Operation Twist: India's long-term bonds turn Asia's top performer
Yield on 2029 debt fell as much as 16 basis points to 6.59%, the most in more than 2 months.
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