Morning Report

Indian Municipal Bonds – An alternate way to fund infrastructure spend by the government Yesterday Lucknow becomes first city in UP to list municipal bonds on BSE. The Rs 200 crore LMC bond, which was launched on November 13, was 4.5 times oversubscribed and closed at 8.5 per cent coupon rate for 10 years, which…

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Morning Report

“The only constant in life is change”-Heraclitus Federal reserve pulls plug on Fed’s emergency schemes. What does this mean to the current market dynamics The dollar halted its week-long slide on Friday after U.S. Treasury Secretary Steven Mnuchin told the Federal Reserve to return money earmarked for pandemic lending to businesses, nonprofits and local governments.…

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Morning Report

Wednesday, 5 August 2020 HeadLines Dollar rally fizzles as investors eye stimulus talks in Washington Asia shares poised to open lower, gold at fresh record Gold soars past $2,000, gold up on stimulus plan Oil edges up to highest since March on hopes for U.S. stimulus Major Currency Rates at 8:50 AM  Currencies The U.S.…

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Morning Report

Tuesday, 4 August 2020 HeadLines Dollar falters as investors await U.S. stimulus deal Asia stocks rise as upbeat factory data lifts confidence Oil rises more than 1% on hopes for economic recovery Major Currency Rates at 8 AM Currencies A nascent rebound in the dollar paused on Tuesday, as investors weighed mixed but encouraging economic…

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Economic Events

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