Post Views: 66 (Repeats with no changes to text) December US job growth beats expectations Walgreens set for best day since 1980 after Q1 profit beat Constellation Brands slides after trimming FY forecasts University of Michigan survey showed consumer sentiment dropped Indexes off: Dow 1.63%, S&P 1.54% and Nasdaq 1.63% By Johann M Cherian, Sukriti … Read more
Post Views: 2,256 The US dollar surged after a hotter-than-expected jobs report reinforced speculation that the Federal Reserve will hold off on cutting interest rates again until the second half of the year. The prospect pushed up the currency against almost all of its major peers, driving Australia’s dollar to the lowest since April 2020, … Read more
Post Views: 77 Chinese shares fell for a fifth straight day, pushing a closely watched benchmark into a bear market, as geopolitical tensions simmer ahead of Donald Trump’s inauguration. The MSCI China Index dropped 1.5% on Friday, taking its decline from an Oct. 7 close to 20%. The CSI 300 Index of onshore Chinese shares … Read more
Post Views: 94 Strong economic data raises prospect of yields surging further Some fear inflation rebound, see risk of Fed hike Higher yields could further wobble stocks Some see 5% yield as threshold for allocation shifts NEW YORK, – A recent surge in U.S. Treasury yields may gain even more momentum after a strong jobs … Read more
Post Views: 67 Canadian dollar weakens 0.2% against the greenback For the week, the loonie gains 0.2% Price of U.S. oil settles 3.6% higher 10-year yield touches a seven-week high TORONTO, – The Canadian dollar weakened against its U.S. counterpart on Friday as the greenback notched broad-based gains, but the loonie still notched a modest … Read more
Post Views: 74 * Brazil inflation above central bank’s target * U.S. imposes fresh sanctions on Russia oil trade * MSCI FX down 0.3%, stocks off 0.9% By Purvi Agarwal and Pranav Kashyap Jan 10 – Indexes tracking Latin American currencies and stocks dove on Friday, responding to a robust employment report from the United … Read more
Post Views: 98 British assets remained under pressure on Friday from high global borrowing costs, with sterling falling for the fourth day in a row and better-than-expected U.S. jobs data intensifying the move, while gilt yields rose for a fifth consecutive day. After recording a moderate decline earlier in the day, the pound continued its … Read more
Post Views: 83 Mumbai: India’s capital markets regulator is set to ease the registration of foreign portfolio investors (FPIs) if they want to invest in government-backed securities, even as it proposed doubling the equity investment threshold set for granular disclosures by FPIs to ₹50,000 crore. The Securities and Exchange Board of India’s (Sebi) whole time … Read more
Post Views: 246 Tuition, living expenses and other fees rank among the many high costs associated with higher education. Education loans are an effective means for students to meet their objectives without ever having to consider money. This is a comprehensive guide on how to properly understand, apply for, and manage an education loan. Understanding … Read more
Post Views: 186 In the calendar year 2024, mutual fund investors’ investment through the SIP (systematic investment plans) route touched ₹2,89,227 crore with the highest contribution of ₹26,459 crore in December. Interestingly, December also happened to be the 46th month of positive equity inflows with the first one in March 2021. The mutual fund industry’s … Read more