Page 2 - Rupal Agarwal News Today

The valuation premium for stocks in the South Asian nation has risen sharply against that of emerging market, Asian and global peers. “In the short-term, the market has got stretched, so a 3-5% correction is on the cards,” said Atul Suri, a fund manager at Marathon Trends Advisory Pvt Ltd.

Asian markets trade higher as U.S. Fed speaker says he is ‘firmly’ in favour of 25 point hikes

Asian markets trade higher as U.S. Fed speaker says he is ‘firmly’ in favour of 25 point hikes

Asian stocks rose after US equities had their best day in more than a month on Friday as traders speculate that an unexpected contraction in services activity and a slowdown in wage growth will temper the Federal Reserve’s rate hike aggression.

Gold gained 0.6% to $1876.90 an ounce.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

A fresh sell-off hit Asian equities on Wednesday as concerns over a stronger dollar and rising global interest rates added to pressure on capital flows.

Press release content from Business Wire. The AP news staff was not involved in its creation.

Cloud or sunshine on any single day are short-term distractions from the long-term thesis, and China remains one of the world’s largest consumer economies, writes Tim Culpan.

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