Thursday, 16 July 2020 China’s second-quarter GDP grows 3.2% year-on-year, beats expectations Dollar nurses losses as investors wait for China data Asian markets look to continue upward run on vaccine hopes Oil prices slip after OPEC, allies agree to loosen oil supply curbs China’s economy grew 3.2% in the second-quarter from a year earlier, data…
Tuesday, 14 July 2020 Dollar in narrow range as U.S.-China tensions simmer, virus cases rise Asian markets struggle to digest coronavirus spike Oil slips on surge in COVID-19 infections, U.S.-China tension Currencies The dollar was hemmed into narrow ranges against most currencies on Tuesday as renewed concerns about diplomatic tension between the United States and…
Thursday, 11 June 2020 Our View in a Snapshot NIFTY USD/INR Expected Open 10100 75.60 Expected Range 9950 – 10200 75.40 – 75.80 Federal Reserve to keep buying bonds and sees no rate hike through 2022 Asia stocks set to fall on Fed’s dour outlook Oil slides below $41 as U.S. inventory rise revives glut…
We are witnessing a strong buying in Indian Equities for the past one week. Let us first see how Nifty & Sensex have performed in June. Nifty 50 have moved up from 9800 levels to 10168 levels in a week Sensex has moved up from 32900 to 34400 levels Let us now see the activity…
Asian stocks trade in mixed territory after volatile session on Wall Street* Stocks in Australia were lower in the morning, while Japan saw gains in early trade. Overnight on Wall Street, markets saw broad declines despite a renewal of trade talks between the U.S. and China. U.S. crude prices partially recovered in the morning of…
Japan’s Nikkei 225 down more than 3 percent after Wall Street tumble overnight* Stocks in Australia, Japan and South Korea saw declines in the morning. Overnight on Wall Street, the major stock indexes saw a sell-off, with the Dow Jones Industrial Average plunging by more than 600 points. Stocks in Asia fell in the morning…