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Dollar steady ahead of inflation data; euro eases on ECB rate cut hopes - Vimarsana News

Dollar steady ahead of inflation data; euro eases on ECB rate cut hopes

The U.S. dollar held firm on Friday after rising overnight, as traders weighed how domestic GDP data that surprised to the upside would impact the Federal Reserve's rate path and awaited key inflation data later in the day. The euro, meanwhile, was on the backfoot following the European Central Bank's (ECB) latest monetary policy meeting on Thursday which held interest rates at a record-high 4%. In the United States, official data on advance GDP estimate showed gross domestic product in the last quarter increased at a 3.3% annualized rate, overshooting the consensus forecast of 2% ...

Source: yahoo.com
Stock Market News: US Stocks Rise As Investors Digest Hot Tech Earnings - Vimarsana News

Stock Market News: US Stocks Rise As Investors Digest Hot Tech Earnings

Investors have their eye on Tesla and IBM, which are slated to report their financials after the closing bell.

Stock Market News Today: Rally Resumes As Bond Yields Continue Falling - Vimarsana News

Stock Market News Today: Rally Resumes As Bond Yields Continue Falling

Stocks rebounded after selling off sharply on Wednesday, when the Dow Jones Industrial Average and Nasdaq snapped their winning streaks.

When we look around the globe, the Indian economy is doing very best: SBI Chairman Dinesh Kumar Khara - Vimarsana News

When we look around the globe, the Indian economy is doing very best: SBI Chairman Dinesh Kumar Khara

Dinesh Kumar Khara says the banking system has learned from past mistakes and lending has become much better and much more informed.

Chart of the Day | Take the expenditure side of quarterly GDP data with spadefuls of salt - Vimarsana News

Chart of the Day | Take the expenditure side of quarterly GDP data with spadefuls of salt

As much as 4.6 percentage points out of the 7.6 percent growth in the September quarter can be put down to ‘’discrepancies’’