The dismantling of independent central banks and rules-based trade is happening now—and it’s shaking global markets. Executive Takeaways This week exposed a financial system under raw political fire. Threats to indict Fed Chair Jerome Powell rattled institutions, cratering the yen to multi-year lows and propelling gold to all-time highs. Markets clawed back some ground, but…
The US dollar weakened and Treasury yields fell on Thursday, driven by expectations that interest rate cuts could come sooner than previously expected. The move came after a Wall Street Journal report said President Donald Trump could speed up the announcement of a new Federal Reserve chairman, who could replace Jerome Powell, possibly as early…
The Indian stock market ended higher for the second straight session on Wednesday, June 25, buoyed by positive global cues and easing geopolitical tensions, particularly the pause in hostilities between Iran and Israel. The S&P BSE Sensex rose 700.40 points (0.85%) to close at 82,755.51, while the NSE Nifty rose 200.40 points (0.80%) to close…
India’s equity indices witnessed a sharp decline on Thursday as market volatility surged. The Nifty50 dropped below the 25,000 mark, while the BSE Sensex plunged 700 points, reflecting investor caution amid global uncertainties. Market Performance at a GlanceNifty50: 24,928.15, down 213 points (-0.85%) BSE Sensex: 81,837.38, down 678 points (-0.82%) Key Drivers Behind the DeclineThe…
Asian stock markets opened higher on Tuesday, with Japan’s benchmark Nikkei 225 index surging 5.5%, recovering from a nearly 8% plunge the previous day. The rebound followed a turbulent session in US markets triggered by President Donald Trump’s warning of increased tariffs. Within 30 minutes of opening, the Nikkei 225 had climbed to 32,819.08. Other…
Foreign portfolio investors (FPIs) have withdrawn â‚ą10,355 crore from Indian equity markets during the first four trading days of April (April 1–4), reacting to newly imposed U.S. tariffs affecting several countries, including India. This sharp outflow follows a brief period of optimism when FPIs injected â‚ą30,927 crore into Indian equities over six sessions between March…
LONDON, March 17: Crude oil prices edged higher on Monday following U.S. military action against Yemen’s Houthi rebels and renewed optimism about China’s economic recovery, which could bolster global energy demand. Over the weekend, U.S. President Donald Trump authorized airstrikes targeting the Iran-aligned Houthis in response to their continued attacks on Red Sea shipping. A…
Filatex Fashions Ltd., a renowned Hyderabad-based manufacturer of socks and cotton products, has announced a major achievement through its mining subsidiary, Filatex Mines and Minerals Private Ltd. The subsidiary has secured an export order worth $35 million (approximately Rs. 293 crore) for the supply of 297,388 metric tonnes of white marble. This substantial order has…
In the world of trading and stocks, the D-ST bulls have taken center stage once more. As the Nifty approaches a potential record high, with its sights set on the 22,000 mark, the Sensex makes a robust climb of over 400 points. Global Support Fuels the Market Surge The domestic markets find substantial backing from…
