Global Equities

Dollar rallies as US-China tariff truce spurs risk-on sentiment

The Bloomberg Dollar Spot Index posted its strongest intraday gain since April 4, rising as much as one percent. The euro depreciated by up to 1.5 percent to $1.1084, marking its weakest daily performance of the year.

Sensex, Nifty lead global market declines in October

In the US, the Dow Jones slipped 1.34 percent, while the S&P 500 and Nasdaq fell 1 percent and 0.5 percent, respectively. In Europe, the UK's FTSE 100 declined 5.52 percent, France’s CAC 40 dropped 6.1 percent, and Germany’s DAX fell 3.8 percent.

Global equities head toward big monthly gain, dollar falls

In the UK, where the Bank of England is now viewed as having to keep interest rates at a 15-year high until late next summer, sterling rose to the highest since early September

Sunil Singhania flags Israel war spillover into Iran; Samir Arora waiting for sharp fall to buy more

Israel has given a very strong verbal counter, but investors are watching if this conflict spreads to other areas like Iran.

Global markets seeing short-covering bounce, will gain further strength: Atul Suri

While Suri expects a fresh upmove in US markets, however, it won't happen in the next few weeks, he said. It will take some time but it will recover their earlier highs, which will be phenomenal for global equities, according to the expert

World equities fall, U.S. Treasury yields rise after hawkish Fed

Global equities fell while U.S. Treasury yields rose on Thursday as investors weighed hawkish commentary from Federal Reserve Chairman Jerome Powell on the prospects of further interest rate hikes targeted at reining in inflation.

Sensex, Nifty fall for third straight session: Key factors weighing on the market

On Friday, both Sensex and Nifty declined for third the consecutive session. Here’s a look at the key factors fuelling the selloff.

Rupee hits fresh record low against US dollar

The Federal Reserve enacted another aggressive interest rate hike of 75 basis points to tackle inflation

Sensex, Nifty outperform global equity benchmarks since mid-August

India’s strong relative outperformance over the past few weeks may reflect investors’ belief about the Indian economy being in a relatively better position versus other economies

Torrid stock rally springs from exhaustion among institutions

It’s a contrarian view, premised on logic that floors are found when sellers get exhausted, that gained adherents this week as the S&P 500 staged its biggest rally in two years just as the Federal Reserve threatened to raise interest rates as many as 10 times through 2023.

Asian shares catch global equities rally, but oil slips

"Markets are very sensitive to any slight new item relating to Omicron, and the absence of bad news is being taken very positively by equity markets, though – and I’m not a scientist – it seems too early to signal an all clear," said Stefan Hofer, chief investment strategist for private bank LGT in Asia Pacific

Shares slip, dollar gains as Fed sticks to agenda of near-zero rates

The S&P 500 and Nasdaq ended a choppy session lower as losses in heavyweight technology names such as Amazon.com and Apple weighed on the market and drove down MSCI's U.S.-centric benchmark index for stock performance around the world.

Amid mounting recession fears, BAML survey suggests a contrarian ‘Buy’ signal is generated for equity market

Regarding recession expectations, 38 percent of the panel think a recession is likely in the next 12 months, while 59 percent think it is unlikely. This is the highest recession probability since August 2009

Gold steady on weak dollar; stocks surge as US government shutdown ends

Congress voted on Monday to end a three-day U.S. government shutdown, approving another short-term funding bill as Democrats accepted promises from Republicans for a broad debate later on the future of young illegal immigrants.

Steer clear of sectors vulnerable to US policies: JPMorgan

Speaking to CNBC-TV18, Adrian Mowat, Managing Director and Chief Asian & EM Equity Strategist at JPMorgan, said Indian equities are still lagging behind emerging markets.

Equity sell-off next yr as China starts printing money:Analysts

Global equities are set to enter a difficult period in the second half of 2017 and a confluence of three major factors will see a sell-off in stock markets, according to analysts at Credit Suisse.

Oil nears $50 as US inventories fall

The American Petroleum Institute yesterday reported that crude inventories dropped by 5.14 million barrels last week, Bloomberg News reported. Data from the Energy Information Administration due later today are likely to confirm the fall in supplies.

Oil prices climb as US crude stocks seen shrinking

Oil prices were also supported by an overnight surge in US equities and strong US home sales that could point to the US Federal Reserve raising interest rates as early as June.

Oil prices continue dip with stronger dollar

Prices have rebounded since plunging to near 13-year lows below USD 30 in February but are still well short of peaks of more than USD 100 a barrel reached in June 2014.

Oil prices little changed as dollar gains, US drawdown seen

Brent futures dipped 4 cents to USD 48.31 after closing down 37 cents in the previous session, with both contracts finishing with modest losses for a fourth straight session

Oil prices dip after Iran says it won't freeze output

The Organisation of the Petroleum Exporting Countries (OPEC), of which Iran is a member, is due to meet in Vienna on June 2 after talks in Doha involving OPEC members and other major producers such as Russia in April failed to reach a deal to cap production.