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US Fed Maintains Status Quo on Rates

US Fed Maintains Status Quo on Rates

9 May 2017

In the latest meet of the Federal Open Market Committee (FOMC), the board of the Fed opted to maintain status quo on rates. Thus the Fed rate remains in the range of 0.75% to 1.00%. It may be recollected that the Fed rate was hiked in December 2015 for the first time after a gap …

What to Infer From the FOMC Minutes?

What to Infer From the FOMC Minutes?

29 May 2017

The US Federal Reserve (Fed) announced on 24th May the minutes of the Fed meet held on 03rd May 2017. It may be recollected that in the May 03rd FOMC meet the Fed had chosen to maintain status quo on rates. The big debate now is over the number of rate hikes that the Fed …

Moody’s downgrades China: Could There Be a Spill-Off Effect?

Moody’s downgrades China: Could There Be a Spill-Off Effect?

29 May 2017

The last time that the Chinese economy was downgraded by a rating agency was nearly 3 decades back in 1989. That was in the immediate aftermath of the Tiananmen Square massacre where the Red Army had rolled its tanks over a student protest resulting in the death of 10,000 students. Since the early 1990s, China …

Major World Events That Drive Markets in 2017

Major World Events That Drive Markets in 2017

5 January 2017

As we herald a new year, the real action could be on the global front. Year 2016 was quite eventful. On the political front, Donald Trump was elected as the president of the US against all odds. Surprisingly, Britain voted in favour of moving out of the EU (popularly called BREXIT). On the economic front, …

Key Takeaways From the Trump Speech

Key Takeaways From the Trump Speech

12 January 2017

A full 2 months after Trump was elected as the 45th President of the US, he addressed the press for the first time on January 11th 2017. There were a lot of hopes and expectations built around the Trump speech as key announcements were expected. However, it needs to be said that while the speech …

What are the Next Steps in the BREXIT Process?

What are the Next Steps in the BREXIT Process?

6 April 2017

With the UK Prime Minister, Theresa May, officially sending the letter for exiting the EU to the European Union, the process of UK seceding from the European Union has officially begun. The BREXIT vote went through in June 2016 and the actually process of UK exiting the EU has started exactly 9 months later. From …

A tale of 3 PMI numbers: India, China and the United States

A tale of 3 PMI numbers: India, China and the United States

3 November 2016

The Purchasing Manager’s Index (PMI) is released for the previous month by IHS Markit on the 01st of next month. On November 01st, the IHS Markit released the PMI numbers for major world economies. So, what is the PMI all about? PMI is basically a barometer of the health of the manufacturing sector. The PMI …

Implications of the Pharma Industry Investigation by US DoJ

Implications of the Pharma Industry Investigation by US DoJ

6 November 2016

Last week, pharma stocks were among the worst performers on the bourses, with the NSE pharma index falling by nearly (-9.09%). The trigger was an investigation that had been launched by the US Department of Justice into generic drug companies operating in the US. According to the US department of Justice (DOJ), many of these …

Asian Stocks Follow Wall Street dip as US Fed hints rate hikes

Asian Stocks Follow Wall Street dip as US Fed hints rate hikes

21 June 2021

Wall Street registered a slight fall on Wednesday after the Federal Reserve announced their benchmark rates would be raised twice by late 2023. Federal Reserve, however, had previously predicted no interest rate hike before 2024. Most Asian stock markets followed Wall Street and registered a fall on Thursday. Impact on Wall Street Such an indication …

HOW COULD US ELECTIONS 2016 AFFECT THE INDIAN STOCK MARKET?

HOW COULD US ELECTIONS 2016 AFFECT THE INDIAN STOCK MARKET?

28 May 2016

The outcome of the US presidential elections are still unknown and that uncertainty slowly creeps on to impact the stock market as well. However there are opposing views to this as well, as is prevalent in the stock market. While some say that the presidential elections in the US do not affect the Indian stock …

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