The post BSE shares surged 6% today: analysts see further upside ahead appeared first on Invezz
Investors’ buoyant outlook on US banks, which propelled stocks higher at the close of 2024, is about to face a rigorous test as earnings season kicks off this week. The performance reports of the largest US lenders will reveal whether the recent rally is sustainable or if the sector is…
US President-elect Donald Trump has vowed to increase production of oil and gas in the country by rolling back what he claims to be unnecessary regulations. The US is already the world’s biggest producer of crude oil and also its biggest consumer. Trump is expected to make way for policies…
India’s inflation rate fell for the second month in a row in December, reaching 5.22% year-on-year, below the 5.30% predicted by analysts polled by Reuters. The data could provide more leeway for India’s central bank- The Reserve Bank of India (RBI) to consider cutting interest rates to support economic growth.…
The IRS is set to send out $2.4 billion in stimulus payments to eligible US taxpayers by late January. These payments, issued via direct deposit or paper checks, are targeted at individuals who missed claiming the Recovery Rebate Credit on their 2021 tax returns. Why are these stimulus checks being…
Vietnam has surpassed Japan to become China’s third-largest export destination for the first time, marking a significant shift in global trade patterns. This transformation is largely driven by US tariffs, which are compelling companies to find new suppliers outside of China while still relying on Chinese manufacturers for essential components.…
Asian markets presented a mixed picture on Tuesday, as bargain buying following recent losses was countered by ongoing concerns about the global economic outlook and the potential impact of a second Donald Trump presidency. The release of US inflation data this week, as well as the start of the corporate…
The US dollar experienced a broad decline against almost every major currency on Tuesday, following a Bloomberg News report that Donald Trump’s incoming economic team is considering a more gradual approach to imposing tariffs. This shift in potential policy is a notable development in the foreign exchange market, triggering a…
The recent price behaviour of gold has underlined its importance as a safe-haven asset even at a time of rising currencies and a shifting macroeconomic scenario. Gold prices on COMEX had touched a near one-month high on Friday on uncertainty over the monetary policy of the Federal Reserve and over…
After three decades of uninterrupted economic expansion, Australia’s economic performance is no longer the global benchmark it once was. Once celebrated for its resilience, particularly during the 2008 global financial crisis, the nation is now grappling with sluggish growth, falling productivity, and stagnating living standards. These structural challenges raise questions…