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Source: Live Mint (Bloomberg) — After a tumultuous 12 months, it’s no small achievement that the Sohn investment conference returns to Hong Kong on Friday with the better half of last year’s picks having made money. Hedge fund managers will present their ideas at the Sohn Hong Kong Investment Leaders Conference as financial markets gyrate,…
Source: Live Mint Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist If anyone wanted a snapshot of the tight spot the U.S. economy and policymakers are in right now, they got it on Friday via the University of Michigan’s latest consumer sentiment and inflation expectations survey. The results were eye-popping:…
Source: Live Mint (Bloomberg) — American consumers see higher inflation in the year ahead and are growing more anxious about their future jobs prospects, according to a monthly survey from the Federal Reserve Bank of New York. Median expectations for year-ahead inflation rose 0.5 percentage point to 3.6% in March, the biggest one month increase…
Source: Live Mint New York, The sell-off for financial markets worldwide is slamming into an even higher, scarier gear on Friday. The S&P 500 tumbled 5.7%, and the Dow Jones Industrial Average plunged 2,054 points as Wall Street’s worst crisis since the COVID crash deepens. The Nasdaq composite was down 5.5%, with a little more…
Source: Live Mint Trump’s comments on the weekend dragged South Korea’s Kospi and Japan’s Nikkei down by 3-4% on Monday, while Germany’s Dax and France’s CAC traded 1% lower at the time of writing. Indian stock markets are likely to feel the pain on Tuesday, said analysts. Options data as of Friday indicates a range…
Source: Live Mint South Korea’s central bank vowed to stabilize financial markets and highlighted the importance of “uninterrupted implementation” of key fiscal and economic measures, in its first statement since lawmakers voted to impeach President Yoon Suk Yeol. “The Bank of Korea intends to utilize all available policy instruments, in conjunction with the government, to…
Source: Live Mint French Prime Minister Michel Barnier said the country faces “storm” in financial markets if an “unlikely but possible” alliance of lawmakers across the political spectrum rejects his government’s budget proposals and votes it out of power. “There will probably be a rather serious storm and serious turbulences in financial markets” in case…
Source: Live Mint French Prime Minister Michel Barnier said the country faces a “storm” in financial markets if an “unlikely but possible” alliance of lawmakers across the political spectrum rejects his government’s budget proposals and votes it out of power. The premier’s political survival hangs on whether French far-right leader Marine Le Pen’s will back…
Source: Business Standard Illustration: Binay Sinha 3 min read Last Updated : Oct 11 2024 | 3:55 PM IST Edelweiss Asset Management on Friday launched two funds- the ‘Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund (Index Fund) and the Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund ETF (ETF)’. The New Fund…
Source: Business Standard Every aged bull-run needs a healthy correction and this war-triggered correction has only escalated that, say analysts | Photo: Shutterstock 4 min read Last Updated : Oct 03 2024 | 11:10 PM IST Stock market today, Stock market crash news: The ongoing correction in the Indian stock market may be nearing…
