GLOBAL-MARKETS-European stocks fall as markets price in French political risk

GLOBAL-MARKETS-European stocks fall as markets price in French political risk

European stocks fell on Friday as French stocks and bonds took a battering from political turmoil, while elsewhere investors weighed up the U.S. rates outlook after a week of mixed signals. ...
June 14, 2024 at 03:34 pm IST
Japan could be energy-independent by 2060 thanks to renewables, Rystad Energy CEO says

Japan could be energy-independent by 2060 thanks to renewables, Rystad Energy CEO says

Japan, a major coal and liquefied natural gas buyer, could be energy-independent by 2060 thanks to expansion of solar and wind power together with storage batteries, said Jarand Rystad, chief...
June 14, 2024 at 10:30 am IST
S. Africa's tax change to level playing field for clothing retailers -Mr Price CEO says

S. Africa's tax change to level playing field for clothing retailers -Mr Price CEO says

Regulatory changes that will impose a 45% import duty on all imported clothing items that come into South Africa will level the playing field for local retailers, the CEO of value fashion retailer...
June 13, 2024 at 09:13 pm IST
India's Nifty set for record high amid global rally on US rate cut bets

India's Nifty set for record high amid global rally on US rate cut bets

India's benchmark Nifty 50 index is set to open at a record high on Thursday, tracking the gains in global stocks after a market-pleasing U.S. inflation report boosted expectations of a U.S....
June 13, 2024 at 08:38 am IST
London stocks rise as early rate cut bets revive; Fed decision in focus

London stocks rise as early rate cut bets revive; Fed decision in focus

London stocks rebounded on Wednesday on revived hopes of interest rate cuts in the near future after data showed cooling inflation in the U.S. and a slowing economy in Britain, while Rentokil...
June 12, 2024 at 09:35 pm IST
Mib bearish; Brent still below USD80.00

Mib bearish; Brent still below USD80.00

The Mib - according to the futures market - is giving ground in the aftermath of the day when the European Central Bank made the widely expected interest rate cut, moving away from a record low level,...
June 07, 2024 at 12:06 pm IST
Indices:  Transport breakdown on Wall Street

Indices: Transport breakdown on Wall Street

It's been a banner year for the major stock market indices, but one cyclical sector is in the doldrums: transportation. But not all modes of transport. We also take this opportunity to explain where...
Our Logo June 04, 2024 at 07:24 pm IST
Just when you think you've got it all figured out...

Just when you think you've got it all figured out...

It's often said that bad economic news is good news for equity markets, but that didn't work out so well yesterday. Bad news remained bad news. But perhaps the equity markets are also confused by...
Our Logo June 04, 2024 at 06:45 pm IST
UBS lifts 2024 target for S&P 500 to Street high of 5,600

UBS lifts 2024 target for S&P 500 to Street high of 5,600

UBS Global Research on Tuesday raised its year-end target for the benchmark S&P 500 index to 5,600 from an earlier projection of 5,400, marking the highest forecast among major brokerages. ...
May 28, 2024 at 02:14 pm IST
Futures up; focus on inflation data

Futures up; focus on inflation data

On Tuesday, major European stock exchanges are expected to open almost all above par, with London the only one to show a bearish start to the session in the aftermath of the bank holiday break. ...
May 28, 2024 at 11:52 am IST
Wall St Week Ahead-Inflation data, presidential debate could sink summer rally

Wall St Week Ahead-Inflation data, presidential debate could sink summer rally

The typical summer slowdown in U.S. stock markets may be more pronounced this year with inflation jitters and an early presidential debate that have the potential to weigh on a rally that has pushed...
May 26, 2024 at 06:30 pm IST
CAC 40:  trend reversal confirmed

CAC 40: trend reversal confirmed

The Paris Bourse is set to open on a weak note on Friday morning, heading for a second consecutive week of declines despite the buoyant news of the past few days.At around 8:15 a.m., the future...
May 24, 2024 at 12:09 pm IST
European shares to hit pause before rising again in 2025

European shares to hit pause before rising again in 2025

A record-breaking run in European shares has made them more vulnerable to possible pull-backs in the latter part of 2024, although the region's recovering economy and the start of a rate-cut...
May 22, 2024 at 04:09 pm IST
Wall St Week Ahead-Stock market's record-setting rebound may have further to go

Wall St Week Ahead-Stock market's record-setting rebound may have further to go

A rebound that has taken the U.S. stock market to record highs this week may have further to run, if history is any guide. Fresh signs of a cooling economy calmed inflation worries...
May 19, 2024 at 06:30 pm IST
Wall St Week Ahead-Stock market's record-setting rebound may have further to go

Wall St Week Ahead-Stock market's record-setting rebound may have further to go

A rebound that has taken the U.S. stock market to record highs this week may have further to run, if history is any guide. Fresh signs of a cooling economy calmed inflation worries...
May 18, 2024 at 03:16 am IST