Recent Asian Equities Surge Most Asian markets rose on Monday, extending a surge that pushed global shares to new highs after a US report showed the economic recovery was still intact but didn’t necessitate a withdrawal of the Federal Reserve stimulus just yet. The Nikkei, on the other hand, bucked the trend, dropping 0.5 percent …
Domestic investors have lapped up equities aggressively in the last few years. Digitalisation in the investment industry has made it easier to pick stocks with just a few finger taps on their smartphones. This digitalisation has crossed the geographical boundaries as stock investment is not only restricted to domestic stock exchanges. Thanks to different investment …
A Brief Overview Global bitcoin mining is estimated to occur at the most frequent level in China, approximating to 65 percent. However, this frequency in mining and trading is expected to decline by more than 90 percent as China’s central bank – The People’s Bank of China has imposed new regulations that require crypto mining …
Wall Street registered a slight fall on Wednesday after the Federal Reserve announced their benchmark rates would be raised twice by late 2023. Federal Reserve, however, had previously predicted no interest rate hike before 2024. Most Asian stock markets followed Wall Street and registered a fall on Thursday. Impact on Wall Street Such an indication …
An Overview of Upcoming Fed Meeting After recent statistics revealed the US economy is regaining momentum but not overheating, investors are looking for new indications from the federal bank on its inflation outlook. Investors’ concerns about inflation have been alleviated as a result of this. While the Fed has stated that any increase in inflation …
An Overview of the Recent Collapse Wall Street’s main index falls for the third straight session of Wednesday, with investors pushing away riskier assets due to a sharp decline in cryptocurrencies and concerns about inflation. In response to China’s decision to bar financial and payment institutions from offering cryptocurrency services, Bitcoin and Ether were on …
Overview The NASDAQ dropped more than 2% on Tuesday, as investors sought refuge in more protective sections of the market after sharp declines in mega cap growth stocks sent Wall Street below record trading levels. Microsoft Corp, Alphabet Inc, Apple Inc, Amazon.com Inc, and Facebook Inc all saw their stock prices drop between 2.3 percent …
Overview – 5G in India, are we there yet? In order to allow Bharti Airtel, Reliance Jio and Vodafone Idea to partner non-Chinese equipment vendors, the Department of Telecommunications (DoT) has cleared up the long-standing 5G testing. The tests will be six months in the first phase. “Bharti Airtel Ltd, Reliance Jio Ltd, Vodafone Idea …
Prior to April 2021, FPI inflows to India were on the rise. This was brought on by global liquidity amounting to $US10 trillion of which a large sum found itself directed towards risky assets like EM equities. This combined with a desire for India to grow at a faster rate than other G-20 nations in …
In the first fortnight of March, the 10-year Treasury bond yields in the US touched a 14-month peak, the highest ever since February of 2020. The 10-year bond stood at 0.5 per cent in August 2020 but that has moved up to 1.67 per cent. The treasury yield had also recently touched a high of …
