09 April 2021
World Markets at a glance for Currency, Equity, Commodity, Bonds, Crypto Currency, Financial News & Major Economic Events.
Dollar falls as U.S. weekly jobless claims rise unexpectedly
Asia shares set for choppy session after S&P 500 hits record high
Oil flat as weaker dollar offsets coronavirus demand worries
Markets at a Glance
The U.S. dollar dipped to a two-week low against a basket of currencies on Thursday, tracking Treasury yields lower, after data showed a surprise rise in U.S. weekly jobless claims.
The dollar index measuring the greenback against a basket of six currencies was 0.35% lower at 92.091, its lowest since March 23.The benchmark 10-year Treasury yield was around 1.632% on Thursday, after dipping below 1.63% overnight.
Asian equities are set for a choppy trading session on Friday after technology stocks lifted the S&P 500 to a new record even as investors weighed an unexpected rise in the number of Americans filing new claims for unemployment benefits.
Australian S&P/ASX 200 futures rose 0.03% in early trading, while Hong Kong’s Hang Seng index futures lost 0.17%. Japan’s Nikkei 225 futures was up 0.45%.
On Wall Street, the Dow Jones Industrial Average rose 0.17% to 33,503.57, the S&P 500 gained 0.42% to 4,097.17 and the Nasdaq Composite added 1.03% to 13,829.31.
Oil prices were little changed on Thursday as a falling dollar and rising stock markets offset earlier declines caused by a big increase in U.S. gasoline stockpiles and subdued demand compared with pre-pandemic levels.
Brent futures rose 4 cents, or 0.1%, to settle at $63.20 a barrel, while U.S. West Texas Intermediate (WTI) crude ended 17 cents, or 0.3%, lower at $59.60.
Ø India to resume buying oil from Iran once US sanctions ease
Ø India open for stronger trade relations with EU: Anurag Thakur
Ø NBCC, Suraksha group submit revised bids to acquire Jaypee Infratech through insolvency
Ø JSW Steel’s crude steel production up by 6% to 4.19 mt in Q4 of FY 21
Ø Japan looks to raise 2030 emissions cut target to at least 40%: Report
Ø BSNL, MTNL yet to clear AGR dues of over Rs 10,000 crore
Ø Coal’s share in India’s power mix hits highest in more than two years
Ø Vehicle registration fall 28.64% YoY in March despite low base: FADA
Ø Equity MFs record net monthly inflows after eight-month gap in March
Ø Net absorption of office space plunges 33% in Q1 of Calendar 2021: JLL
Ø First purchase of G-secs worth Rs 25,000 cr under G-SAP 1.0 on Apr 15: RBI
Ø US jobless claims jump to 744,000 as Covid-19 still forces layoffs
Ø Corporate revenue expected to grow 17% to ₹6.9-lakh cr in Q4 of FY21: Crisil
Ø As registrations dip in March, FADA fears lockdown hit
Ø Ashok Leyland arm in pact with Siemens for e-mobility solutions
Ø Indirect tax mop-up exceeds Revised Estimate by 9%
Ø RIL promoters to appeal against SEBI penalty
Ø Board approves amalgamation of Jay Shree Tea and Majhaulia Sugar
Ø SBI MF becomes first mutual fund house to cross ₹5 lakh crore average AUM mark
Ø Srei Equipment Finance gets funding interest from two global funds
Ø Vi Business forays into integrated IoT space, plans expansion in cloud services
Ø Macrotech Developers IPO subscribed 35% on Day 2 of bidding
Ø IFFCO to sell old stock of non-urea fertiliser at earlier rates
Ø During COVID-19 pandemic, India’s debt to GDP ratio increased from 74 pc to 90 pc: IMF
Ø Relief for OYO subsidiary in ‘bankruptcy’ case as NCLAT stays insolvency proceeding
Ø Tata Power Reports Outstanding Borrowing Of Rs 16,504.4 Cr
Ø ArcelorMittal Europe, Infosys Announce Collaboration For Digital Transformation
Major Economic Events
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