The ongoing second quarter earnings, movement of oil benchmark Brent crude and the uncertainty in the Middle East would dictate terms in the domestic markets this week, analysts said. Furthermore, the activities of Foreign Institutional Investors (FIIs) will also influence trading in the markets. “A slew of earnings reports from heavyweights expected this week will […]
Month: May 2024
India bond yields dip as index inclusion continues to lift moodIndia bond yields dip as index inclusion continues to lift mood
Indian government bond yields inched lower on Monday as investors remained positive after JPMorgan last week included India in its emerging market debt index. The 10-year benchmark 7.18% 2033 bond yield was at 7.1281% as of 10:00 a.m. IST on Monday, after ending at 7.1570% in the previous session. “The sharp reversal in yields on […]
Global Markets: Stocks fall with Apple, dollar rises after US dataGlobal Markets: Stocks fall with Apple, dollar rises after US data
Global stock indexes were mostly lower on Thursday, with the S&P 500 and Nasdaq falling with shares of Apple, and the U.S. dollar advanced after weaker-than-expected U.S. jobless claims data. Initial claims for state unemployment benefits fell unexpectedly to 216,000 in the week ended Sept. 2 from a revised 229,000 the week before. The latest […]
Oil trades flat as supply concerns offset worries over demandOil trades flat as supply concerns offset worries over demand
Oil prices traded flat on Tuesday as worries that further possible U.S. interest rate hikes could pull down demand were countered by concerns a tropical storm off the U.S. Gulf Coast may impact supply. Brent crude was flat at $84.42 a barrel by 0335 GMT, while U.S. West Texas Intermediate crude shed 2 cents to […]