Wed, Apr 17, 2024
The latest data showed inflation in the US increased more than expected in March, putting cold water on hopes of an interest rate cut shortly.
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Fri, Apr 12, 2024
How are the US inflation figures? Results season has started, how will the US markets be? How much danger of Israel-Iran conflict, will tension increase? How important is the meeting between Elon Musk and PM Modi? Know from market expert Ajay Bagga...
Thu, Apr 11, 2024
Indian equities have been marching higher and higher amid strong investor faith in the Indian economy. In the previous session, Nifty ended at a new closing high of 22,753.8, up 0.49 per cent, while Sensex also marked its new closing high of 75,038.15, up 0.47 per cent.
Thu, Nov 10, 2022
Today, Gold has reached close to $ 1,710 per ounce on COMEX. On MCX, the price of Gold was trading marginally higher by Rs 51,600 per 10 grams. Whereas, the price of Silver on MCX declined by Rs 61,400 per kg. If the dollar strengthens, then the pressure on gold prices will remain. In such a situation, if the dollar is stable or weak due to lower inflation, then gold prices will get support. Where will the price of gold go from here, it will completely depend on the US inflation data.
Fri, Oct 14, 2022
US inflation higher than expected, Why stocks scored a historic bounce? What is the reason for the sudden surge? How far will the Dow Jones go? Know it from Anil Singhvi.
There was a great recovery in the US markets yesterday. Dow Jones jumped 827 points to close at day's high. Whereas, Nasdaq gained more than 2%. S&P 500 rose nearly 2.5%. Japan's Nikkei gained about 700 points. KOSPI jumped more than 2%. Europe markets gained 0.5% The new consumer price index (CPI) print showed that annual inflation stood at 8.2%, compared to analysts’ estimates of 8.1%. Banks, economy-related stocks were the biggest gainers.
Thu, Oct 13, 2022
Core inflation in US remained at a four decade high at over 8 per cent in September and would likely trigger further interest rate hikes by the Federal Reserve. The data spoiled mood in the commodity markets as bullion prices dropped sharply in the international and domestic markets. How US inflation is a big concern for India? Know from Anil Singhvi on India 360.
The Dow Jones slipped 30 points amid trading in the range of 300 points ahead of the inflation data coming in the US today. S&P 500 and NASDAQ also fell slightly. Pepsi's results were better than expected, the company increased guidance. All eyes on today's inflation data with an estimate of 8.1%. The Fed says that, "The need to raise interest rates will continue. Inflation hike has been higher than expected. Inflation is expected to remain at higher levels for a long time. The terminal rate may remain close to 4.6%''. Aluminum jumped 7% in intraday on news of US ban on Russian aluminum. Crude oil slipped for the third day with trading near $ 92.
Wed, Sep 28, 2022
Dow Jones slipped 125 points amid trading in the range of 700 points. Dow and S&P fell for the sixth consecutive day amid heavy volatility. The Nasdaq saw slight gains. Gold recovered from 2.5-year low. The 10-year bond yield jumped to near 4%. The worries of recession and inflation dominate the market.
Mon, Sep 19, 2022
What will happen at the US Fed meeting? How much interest rate is likely to increase? What to do in the market before the US Fed meeting? Meeting of 8 central banks this week, what will be the focus? What do do in gold and silver, buy or wait? What's special about National Logistics Policy? Know from Ajay Bagga, Chairman and Market Expert, Elyments Platforms.
On Friday, Dow Jones fell 140 points to close at 30,822. On the other hand, Nasdaq lost 104 points and closed at the level of 11,448. All eyes are on the Fed's policy on coming Wednesday. World Bank, IMF warned about deepening of global slowdown. Crude oil declined for 3 consecutive weeks. Gold hits two-and-a-half-year low.
Wed, Sep 14, 2022
The cost of services 'which are increasingly driving consumer inflation' rose 0.4 per cent in August, driven by higher prices for public transportation, car rentals and some financial services.
In an exclusive conversation with Zee Business Managing Editor Anil Singhvi, Kunj Bansal, CIO, Investment-Illiteracy.com, said that the domestic markets outlook is strong as India’s inflation rate is lower than the US.
What is the reason for the stir in the US market? How hard did inflation hit America? Will interest rates increase by 1% now? If 1% rates increase in America, then how much will interest rates increase in our country? Know from Anil Singhvi.
What should traders do if the Indian market opens on a negative note today? Why is the next 2 days so important for Traders? What are the important things for traders to keep in mind? Traders must watch this video.
Why are US inflation figures so bad? What is the opinion on the big fall in the market? How will the market survive after bad inflation data? How much will the Fed raise interest rates now? Know from Ajay Bagga, chairman and market expert, Elyments Platforms.
In the US in August, the inflation rate increased more than the estimate, there was an outcry in the US markets. On Tuesday, the Dow Jones fell 1276 points to close at 31,105. While Nasdaq fell 633 points and closed at 11,634 level. S&P fell by 4.32%. Asian markets fell 2.5%, SGX Nifty fell 300 points. America's inflation rate has reached 8.3% in the month of August.
Tue, Sep 13, 2022
The United States reported its Consumer Price Index (CPI) inflation for August at 8.3%, slightly above estimates of 8.1%. Will the Fed Reserve raise interest rates again? Know the opinion of Global Market Expert Ajay Bagga on India 360.
US markets rose for the fourth consecutive day ahead of the inflation data coming today. Dow Jones climbed 230 points to close at 32,381 points. On the other hand, Nasdaq jumped 150 points and closed at the day's high. KOSPI gained 51 points, while SGX Nifty is trading with a gain of 110 points. At the same time, Apple stocks surged 4%. Apart from this, a rise of 1-1.5% was seen in Europe markets. In August, the US inflation rate is expected to come down from 8.5% to 8.1%. Crude oil remains at $93 due to supply concerns.
Mon, Sep 12, 2022
How will the US inflation figures come tomorrow? How will the inflation data affect Indian markets and the US market? What's happening in Russia - Ukraine War? Know from Ajay Bagga, Chairman and Market Expert, Elyments Platforms.
Fri, Sep 09, 2022
Dow Jones closed up 193 points on gains from financial institutions and healthcare companies. The Nasdaq gained 0.60% and the S&P500 gained 0.66%. Bond yield jumped above 3.3%. The Fed is expected to raise rates again by 0.75% on September 21. ECB hiked rates by 0.75%.
Tue, Aug 30, 2022
US markets fell for the second day in a row. On Monday, Dow Jones fell 184 points to 32,099 points, while Nasdaq lost 124 points to close at 12,018. Let us tell you that due to the statement of the Federal Reserve to continue the aggressive increase in interest rates to control inflation, the global market saw a heavy sell-off.
Mon, Aug 29, 2022
Why US market scared of Jerome Powell's statement? What caused the market to get hit hard? Will have to wait longer for interest rate cut? Know from Anil Singhvi.
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