The Federal Reserve is expected to hold interest rates steady, shifting attention to Fed Chair Jerome H. Powell’s news conference Wednesday.
With stimulus in flux, focus is on Powell to outline economy’s fate
Leave a reply
Category Archives: Markets
India’s GDP growth to lose momentum from Q3: Oxford Economics
It further said India fares the worst in its Asia recovery scorecard, implying that the country will likely take the longest among major economies to converge to its pre-coronavirus growth level.
Read More on Financial Express
GOP Relief Bill Sets The Stage For A Showdown With Democrats
After lengthy negotiations, Senate Republicans rolled out their plan for the next wave of coronavirus aid. Under it, supplemental unemployment payment would fall to $200 per week through September.
Government of India (GOI) Announces Sale of Four Dated Securities For A Notified Amount Of Rs 30,000 crore
The Government of India (GoI) has announced the Sale (Issue/Re-issue) of (i) ‘5.09 per cent Government Stock, 2022’ for a notified amount of Rs 3,000 crore (nominal) through price based auction, (ii) ‘New 10 Year Government Stock, 2030’ for a notified amount of Rs 18,000 crore (nominal) through yield based auction, (iii) ‘GoI Floatin […]
Read More on Business Standard
Tony Abbott fears China could source iron ore from west Africa and not need Australian exports
Former prime minister Tony Abbott fears China could cripple Australia in the longer term by sourcing iron ore, used to make steel, from west Africa instead of Western Australia.
RBI Signs US $400 Million Currency Swap Agreement With Central Bank of Sri Lanka
The Reserve Bank of India (RBI) has signed a Currency Swap Agreement with the Central Bank of Sri Lanka under the SAARC Currency Swap Framework 2019-22. Under the agreement, Central Bank of Sri Lanka can make drawals of US Dollar, Euro or Indian Rupee in multiple tranches up to a maximum of US$ 400 million or its equivalent. The agreement would be valid till […]
Read More on Business Standard
World economy’s sputtering recovery threatened by flaring coronavirus
Even when a vaccine does come, there’s going to be a wait before it’s available globally, former Indian central banker Raghuram Rajan told an online conference last week organized by DBS Group Holdings Ltd.
Read More on Financial Express
Best Stocks To Short Today Ahead Of Federal Reserve Meeting
More earnings and the Federal Reserve’s two-day policy meeting are on deck for the week. It’s possible we’ll learn more tomorrow about their buying programs and how poorly they see the economy going forward. If you’re looking to hedge your portfolio, our AI has you covered with the Top Shorts today.
Key Words: Bill Gates on Elon Musk’s controversial coronavirus comments: Stick with electric cars and rockets
Microsoft co-founder Bill Gates told CNBC that the Tesla boss should focus on his job and let the experts focus on theirs.
Woman slaps granddaughter for ‘refusing to wear a face mask’
The Shanghai grandmother was caught on camera savagely hitting her young granddaughter in the face at least three times after the girl allegedly refused to put on a face mask.
Modi LIVE: PM Modi invites US firms to invest in India; lists out areas of opportunities
PM Modi LIVE: Prime Minister Narendra Modi begins addressing India Ideas Summit. Natarajan Chandrasekaran, Chairman of Tata Sons, wins the USIBC Global Corporate Leadership award.
Atossa Stock at $8 a Share? This 5-Star Analyst Thinks It’s Possible
Shares of Atossa Therapeutics (ATOS) have done what shares of most companies in the hunt for coronavirus solutions have done in 2020 – appreciate. Since the turn of the year, there has been 171% of upside for the Seattle-based biotech firm.Despite the impressive gains, the micro-cap still has a market cap of only $39 million. Going by his revised outlook for […]
Downing Street distances itself from ‘Mike Pompeo’s WHO claim’
Downing Street today appeared to try to distance itself from Mike Pompeo’s alleged claim that the boss of the World Health Organisation had been ‘bought’ by China.
IBM Crosses Above Key Moving Average Level
In trading on Tuesday, shares of International Business Machines crossed above their 200 day moving average of $129.18, changing hands as high as $132.17 per share. International Business Machines shares are currently trading up about 1.7% on the day.
Kenya: Nairobi Govt Sues Treasury Chief for Allocating Funds to Metropolitan
[Nation] The Nairobi County government has moved to court seeking to stop Treasury CS Ukur Yatani from disbursing funds to the Nairobi Metropolitan Services (NMS).
Foreaders 