Equities in China and India are being touted as potential outperformers in Asia in the second half of the year as investors flock to emerging-market themes. About a third of 19 Asia-based strategists and fund managers surveyed informally by Bloomberg News said they see Chinese stocks outstripping most over the […]
interest rate cuts.
July 5 – Federal Reserve policymakers got more evidence of U.S. labor-market cooling on Friday that could boost their confidence they are winning their fight on inflation, and open the path to a more active debate on interest-rate cuts when they next meet in late July. The Labor Department report […]
European equities dropped as investors weighed conflicting messages about the path for interest rate cuts and French stocks resumed their decline. The Stoxx Europe 600 Index fell 0.6% by Wednesday’s close after rising as much as 0.6% earlier. France’s CAC 40 Index slid 0.7%. Gains in European technology stocks were offset by losses […]
Global technology giant Accenture’s latest earnings sparked excitement among investors in Indian IT stocks. In Q3 FY24, Accenture clocked constant-currency (CC) revenue growth of 1.4% year-on-year, slightly above the mid-point of its adjusted guidance band. Accenture follows a September-August financial year. The Indian IT sector has been grappling with uncertain […]
Gold prices have pulled back from their record highs in recent trading sessions, marking a reversal after a strong rally. Over the course of the last three sessions, the price of the yellow metal dropped from ₹74,367 per ten grams to reach a new one-week low of ₹72,111 on the […]