Gold firms on Fed rate-cut prospects
Swathe of US data this week could provide more clarity on the central bank’s likely course of action
Source: businesslive.co.za
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Wednesday preview: JOLTS data and FOMC minutes to steal focus
With corporate results and updates once again thin on the ground, the focus of Wednesday's trading will be firmly fixed on economic data from the US, amid ongoing speculation regarding the outlook for interest rates.
Source: sharecast.com
Year-Ender 2023: A look back at top six factors that disrupted Indian stock market
Year-Ender 2023: The Indian equity market witnessed a roller coaster ride in 2023, weathering storms like record FII outflow and the Adani-Hindenburg saga. Despite these headwinds, the market ended the year on a positive note, thanks to a late-year IT stock rally and the BJP's state election wins.
Source: livemint.com
OMC stocks gain as Maersk announces plan to resume trade via Red Sea route
The deployment of a U.S.-led military operation for safety of ships passing through has been cited as the reason behind the decision.
Source: moneycontrol.com
Sticky inflation in a key part of the economy is the biggest barrier to Fed rate cuts
The Federal Reserve is winning the battle against high inflation, but the fight is not over yet, a parade of senior bank officials told Wall Street this week.
Source: marketwatch.com