Rupee

Intra-day update: rupee strengthens further against US dollar

September 20, 2023 1:20 pm In advance of the Federal Reserve meeting on Wednesday, the Indian Rupee began the day strongly versus the greenback. On Wednesday, the local currency gained five pence to start at Rs 83.22 versus the US dollar. In response to rising crude oil prices, it had Monday’s closing rate versus the …

Intra-day update: rupee strengthens further against US dollar Read More »

Oil Prices

Oil prices tick up as markets zoom in on supply tightness

Following a brief decline, oil prices increased on Thursday, propelled by fresh worries over a potential shortage of petroleum in 2023. WTI rose by 19 cents to $88.71, while Brent futures climbed 17 cents to $92.05 a barrel. According to the IEA, the prolonged output cutbacks by Saudi Arabia and Russia indicated a market deficit …

Oil prices tick up as markets zoom in on supply tightness Read More »

Bond

Bond Selection Tactics Every Investor Should Know

The safest government bonds often offer extremely low yields, but higher-yielding corporate bonds are more likely to default, thus investors wishing to add bonds to their portfolios must make a trade-off.   High-yield corporate bonds often carry higher risk. U.S. Treasury bonds, which are typically regarded as one of the safest investments available, are at the …

Bond Selection Tactics Every Investor Should Know Read More »

SEC

SEC Delays Spot Bitcoin ETF Decision for All Applicants Including BlackRock, Fidelity

According to agency filings on Thursday, the U.S. Securities and Exchange Commission (SEC) has postponed making a decision on all spot bitcoin exchange-traded fund (ETF) applications until October. The applicants include BlackRock, WisdomTree, Invesco Galaxy, Wise Origin, VanEck, Bitwise, and Valkyrie Digital Assets.   Bitcoin (BTC), which had already dropped significantly for the day, lost …

SEC Delays Spot Bitcoin ETF Decision for All Applicants Including BlackRock, Fidelity Read More »

PMIs

Services PMIs set to confirm contraction, RBA leaves rates unchanged

In the absence of US markets yesterday, European markets failed to make gains as the early lift from a rally in Asia spurred by the China stimulus faded, despite basic resources outperforming. It appears that the European day’s late weakness will persist this morning.    China’s market influence and Expectation on Fed to hold rates  …

Services PMIs set to confirm contraction, RBA leaves rates unchanged Read More »

Asian Markets

Asian Markets Lower After Japan Factory Activity, China Services Weaken

A whirlwind of bewilderment swept through Asian markets as Japan’s factory activity plummeted unexpectedly and China’s services sector displayed signs of vulnerability. Amidst the complex symphony of global economic dynamics, traders found themselves grappling with perplexing indicators that cast a shadow of uncertainty.  Japan’s Manufacturing Conundrum: A Sudden Plunge  At the heart of Asia’s industrial …

Asian Markets Lower After Japan Factory Activity, China Services Weaken Read More »

SEIB

SEBI releases new guidelines to improve cybersecurity framework for stock exchanges.

SEBI has released new guidelines in order to reinforce the current framework for cyber security and cyber resilience at market infrastructure organizations including stock exchanges, clearing companies, and depositories,  Reason for launching new guidelines  Stock exchanges, clearing organizations, and depositories are considered market infrastructure institutions by SEBI since they, among other things, offer the infrastructure …

SEBI releases new guidelines to improve cybersecurity framework for stock exchanges. Read More »

Forex

How do professional traders handle losing streaks in Forex & stock market?

The financial markets, a labyrinthine realm where fortunes are made and lost in the blink of an eye, evoke an aura of mystique that enshrouds both novices and seasoned investors alike. Amid the cacophonous chorus of success stories and cautionary tales, one enigma remains – the art of weathering losing streaks. In the ever-fluctuating landscape …

How do professional traders handle losing streaks in Forex & stock market? Read More »

Scroll to Top