China’s Shanghai and Shenzhen equity markets are on track to close 2023, a dismal one, in the range of 7% – 11% down. Much of this decline was seen in 2H as the property sector declined which impacted consumer sentiments and wider China’s economy. Offshore yuan saw a fall of 6% as compared to the
On Thursday, European markets ended lower as the stocks failed to move higher even Wall Street resumed its December rally. The pan-European Stoxx 600 provisionally ended in a negative zone as the index declined ~0.22%, with autos falling ~0.8% to lead the declines. Nearly all sectors and major bourses closed in negative territory. Downturn in Asian and
Unsurprisingly, millionaires around the world have several streams of passive income. This is because they believe that more passive income sources an individual has, the closer he/she will reach goal of financial freedom. In the absence of passive income, an investor has to rely on active income, which obviously can evaporate in the crisis-like situation
After the 7-week sprint which led to the frontline indexes touching new highs, investors and traders finally decided to book profits on Wednesday, as a result of tensions related to pandemic. Nifty and Sensex saw a decline of ~1.4% and ~1.3% respectively. These falls were their worst declines since 26th October. Decline in the indexes
Bearish momentum of the markets seems to be on the backfoot as the US Fed had hinted that battle against inflation is somewhat sorted and rate-hike spree should see the conclusion soon. Market bears were louder throughout the course of 2023 even though there was a strong rally due to AI boom and strong sentiments
Push and pull between the global central banks and equity markets continued on Tuesday too as recent comments from the US Fed supported the movement of equities. All the 3 US indexes closed higher, despite some analysts expecting that rate cuts might not happen until 2H24. S&P 500 ended higher on Tuesday, with the index touching
The journey into the investment world is often accompanied by the crucial decision of choosing a broker. This choice is influenced by various factors such as user interface, research tools, and market access. However, a critical aspect that typically gets overlooked is the understanding of fees and commissions. These costs can significantly impact your returns
As a result of Asian population and late shift for industrialization, Asia-Pacific region has been regarded as economically fastest growing region on the global basis. This is because this region caters to big businesses, significant and renowned governments, and strong strength of middle-class populations who are all set to spend money and improve economy. Therefore,
Indian equity indices witnessed a fall on Monday as a result of profit-taking after the 3-day rally. Foreign institutional investors (FIIs) decided to sell stocks of Indian companies for INR11,507.05 crore and they purchased stocks for the consideration of INR11,473.54 crore, which led to the outflow of INR33.51 crore, as per NSE data. Domestic institutional
Investors are keen to know how will Indian equity markets react to recent macro-economic data points which are expected to be released in the upcoming week. While the US Fed is not talking regarding the rate cuts, global experts do believe that rate cuts can happen in the early half of 2024. Some analysts say
