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Powell’s comments seem to have allayed to some extent fears that the interest rate cut would be pushed away to November -- traders are now eyeing a rate cut as early as September.
Geopolitical fragmentation and the energy transition are increasing the interconnectivity of commodity markets, putting commodity trading at center stage.
The firm is now poised to make investments in early-stage startups specializing in Fintech, SaaS and Deeptech, offering funding in the range of Rs 2 crore Rs 6 crore.
The US markets were jittery overnight on news on strong economic data which signalled that the interest rate cuts may not come any time soon.
Chinese market regulator has placed curbs on domestic institutional investors as well as for some offshore units