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MOSCOW, – The Russian rouble strengthened against the U.S. dollar on Wednesday as markets focused on the central bank’s key rate decision later this week, though analysts said any dovish signals could trigger a weakening of the currency. By 1045 GMT, the rouble was up 0.8% at 78.35 per U.S. dollar, LSEG data based on…
MUMBAI, June 3 (Reuters) – Indian government bond yields declined on Tuesday, as traders added positions especially in the 10-year part of the yield curve, ahead of the central bank’s monetary policy decision later this week. The yield on the new benchmark 10-year bond ended at 6.2022%, compared with the previous close of 6.2144%. The…
New Delhi, RBI’s interest rate decision, macroeconomic data announcements and global trends are the key factors that would dictate the momentum in the equity market this week, analysts said. Moreover, trading activity of Foreign Institutional Investors and developments on the tariffs front would also guide investors’ sentiment, experts noted. “Looking ahead, all eyes will be…
Wall Street held gains on Thursday, largely shrugging off a decision by a federal appeals court late Thursday President Donald Trump’s tariffs. This came a day after a trade court blocked most of the U.S. president’s tariffs going into effect. The S&P 500 remained higher on the day after the appeals court headline. The dollar,…
Gold price today: Veteran stock market investor Shankar Sharma cautioned investors against falling prey to recency bias — especially when it comes to investing in gold. In a candid post on social media platform X (formerly Twitter) on May 28, Shankar Sharma shared a personal anecdote from his teenage years, recounting how his very first…
Cognizant chief executive officer (CEO) Ravi Kumar S believes that the scientific approach to businesses is a ‘huge blessing’. Speaking to news website Semafor, the CEO of the leading tech giant said that the ability to build, validate, iterate a thesis, and build a new hypothesis is a ‘fascinating grounding’ when asked what he learnt…
(Bloomberg) — The US Justice Department told a federal judge in Texas it hasn’t decided whether to enter into an agreement with Boeing Co. that would drop a criminal charge related to two fatal 737 Max crashes, and that federal prosecutors are giving the families of victims another chance to weigh in. Government lawyers briefed…
US stock indices opened slightly higher on Wednesday ahead of the Federal Reserve’s decision on interest rates later in the day. Investors are hoping for de-escalation in trade tensions with China. At the opening bell, the Dow Jones Industrial Average rose 127.1 points, or 0.31%, to 40,956.08. The S&P 500 rose 7.3 points, or 0.13%,…
US Fed Meeting LIVE: The United States’ Federal Reserve has kept its key benchmark interest rates “unchanged” since December 2024 amid global uncertainty caused by the raging trade war, a slowing economic growth in the nation, and unstable inflation trends. US Fed Chairman Jerome Powell is poised to announce the results of the two-day policy…