Tag Archives: central bank

Reviews | Ignore the naysayers. Dollar dominance is here to stay.

This defeatism of the dollar is greatly exaggerated. Russia, China and other American adversaries would love to escape Uncle Sam’s financial hegemony. But they have been trying for years and have little to show for it. China has been on a rampage against the dollar since 2008, when its vast …

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US futures fall ahead of Fed as oil prices fall

U.S. futures fell on Tuesday as investors weighed the Russia-Ukraine conflict and Federal Reserve policy. Oil also fell, continuing its recent decline as coronavirus cases in China clouded demand prospects. The Fed is expected to raise interest rates on Wednesday as the conflict in Ukraine has little impact on the …

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stages of quantitative tightening | Looking for Alpha

FinkAvenue/iStock Editorial via Getty Images By Thomas L. Hogan In light of recent high inflation, the Federal Reserve has accelerated its plans to tighten monetary policy. Many journalists are reporting that in addition to raising its short-term interest rate targets, the Fed is set to end its expansionary quantitative easing …

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Inflation fears and the Fed

The markets have revised the trajectory of rates The latest FOMC minutes suggest that “a significant reduction in the size of the balance sheet” may also be needed. The Fed’s policy tightening worries stock market investors for at least three reasons: First, the Fed’s shift away from supporting growth to …

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‘The damage is done’: Russians face economic tipping point | Russia

As markets opened in panic on Monday, many Russians rushed to local cash machines in Moscow to collect their savings before the damage worsened. “He said they had dollars, so I came here immediately,” Alexei Presnyakov, 32, said, pointing to an app from Russian bank Tinkoff that said he could …

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Series X SGB Program: The Series X gold sovereign bond program opens tomorrow; should I subscribe?

New Delhi: Amid the growing appeal of gold as a safe haven due to geopolitical tensions between Russia and Ukraine, the Sovereign Gold Bond (SGB) Scheme 2021-22 – Series X will open for subscription on Monday February 28. The Reserve Bank of India (RBI) has set the price at Rs …

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What is quantitative easing? How does this affect the economy?

There are pros and cons to practicing quantitative easing. Syda Productions; Cloth Contents What is quantitative easing in simple terms? In modern finance, when the economy is going through tough times, central banks often come to the rescue with emergency monetary stimulus, known as quantitative easing (QE). In order to …

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Media Ignorance Fuels Confusion About Fed’s Mission – Twin Cities

A downside of a career teaching economics is that when old age and hypertension strike, it’s hard to read US financial news, especially about the Federal Reserve, without having a spike in blood pressure. It’s not the news itself, but the insane way some media reports it. Edward Lotterman Last …

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Bitcoin in a rising interest rate environment

Source: Adobe/fesenko James Butterfill is Investment Strategist at a leading European digital asset investment firm CoinShares.____ Investors have spent the last 10 years, following unprecedented levels of quantitative easing (QE), expecting to see inflation start to kick in, only for it not to happen. Perhaps one of the most plausible …

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Central currency: the future of money

In the process, the UAE and Saudi Arabia have rekindled the spotlight on a new trend sweeping the global financial industry and at the same time contributed to the learning quotient on CBDCs. They are part of a growing list of 90 countries committed to various stages of rolling out …

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Powell Says Fed To Tighten Trading Rules After Ethics Scandal

Federal Reserve Chairman Jerome H. Powell told lawmakers at his appointment hearing on Tuesday that the central bank is changing the rules around financial transactions to prevent the type of mind-boggling dealings surrounding three senior Fed officials. The Fed has come under fire for allowing central bank officials to trade …

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South African rand falls as Hawkish Fed raises dollar

The South African Rand coins can be seen in this illustrative photo taken on September 9, 2015. REUTERS / Mike Hutchings / File Photo Register now for FREE and unlimited access to Reuters.com Register now JOHANNESBURG, Jan.6 (Reuters) – The South African rand weakened Thursday morning, as the minutes of …

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Risks to growth require a “light” policy on inflation

The global economic shutdown we experienced in mid-2020 was unique in recent history for its ability to disrupt the flow of goods, services and labor around the world. Since then, regionalised shutdowns in response to the resurgence of Covid-19 infections have been implemented periodically, often with very little warning. Global …

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NBFCs will see a resumption of growth this year; may see a slight increase in postcode

Non-bank financial corporations (NBFCs) have shown resilience in 2021 despite the woes of the coronavirus pandemic and are expected to experience continued growth momentum this year. This year, growth will be driven by the recovery of the economy, a stronger balance sheet, higher provisions and improving the capital position of …

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National SJM responds to requests for outright ban on crypto transactions

RSS affiliate Swadeshi Jagran Manch passed a resolution on Sunday demanding that the central government completely ban the buying, selling, investing, and other activity in cryptocurrencies by anyone in the country. The law relating to the issuance of digital currency by the Reserve Bank of India should be framed “expeditiously” …

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What the Federal Reserve’s Hawkish Tilt Means for Bitcoin

Bitcoin’s rally of relief – after the hawkish tone of the US Federal Reserve amid the new Omicron threat – appears to be running out of steam, as the largest cryptocurrency by market cap fell more than 3.5% to $ 47,000. Bitcoin had climbed from $ 4,000 to $ 49,000 …

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Asian stock indices move mixed after Fed decision

Asian Market Update: Asian stock indices trade mixed after the Fed’s decision; AU jobs data beat ests, AU yield curve flattened; European Central Bank decisions expected later today (including BOE and ECB). General trend – Will the current pace of Australian job gains be sustained in the future? – RBA …

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Treasury yields rise ahead of Fed verdict

US Treasury yields edged up Wednesday morning as investors waited to see the results of the latest Federal Reserve policy meeting. The benchmark 10-year Treasury bill yield climbed less than a basis point to 1.4445% at 4 a.m. ET. The yield on 30-year Treasury bonds rose 1 basis point to …

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India disagrees on regulation issue – crypto gazette – cvbj

The regulation of cryptocurrencies is a serious issue, if it wasn’t, most countries already have regulations for this asset class. For a settlement to be made, it is important to take too many aspects and know what is being regulated in order to be able to cover it properly. The …

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The $ 100,000 Bitcoin Price, Why It Beats Stocks in 22: Mike McGlone

Monetary policy moves could indicate an outperformance for crypto in 2022, according to Mike McGlone. McGlone is a senior commodities strategist at Bloomberg Intelligence. In a new report, he shares factors that could lead to the appreciation of three crypto assets in 2022. Over the past 10 years, the average …

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Richest people in the world profit from inflated markets

A report on wealth inequalities around the world shows that the wealth gap has widened dramatically over the past 20 years. It also shows a main reason why: the rich simply own more financial assets, like stocks. The report argues that inequality is a political choice. Meanwhile, the United States …

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Wall St Week Ahead Hawkish Fed Boosts Attractiveness Of Value Stocks For Some Investors

A Wall Street sign is visible in front of the New York Stock Exchange (NYSE) in Manhattan, New York, United States on December 28, 2016. REUTERS / Andrew Kelly Register now for FREE and unlimited access to reuters.com Register NEW YORK, Dec. 3 (Reuters) – Some investors are bracing for …

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Column: Unwanted bond jolt marks streak in strangely peaceful year: Mike Dolan

LONDON, December 3 (Reuters) – If the broader financial volatility is finally unblocked, the most fortunate assets could wake up from their slumber. For most of the 20 months since the pandemic, financial assets have been bolstered by waves of government and central bank interventions designed to protect workers and …

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The job market is doing much better. It’s always catching up

By Julia Horowitz, CNN Business More than 20 months after the start of the pandemic, the US labor market has taken a major step forward. What’s happening: Weekly claims for unemployment benefits fell to 199,000 last week after seasonal adjustments, their lowest level since 1969. They peaked at 6.15 million …

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BOJ Assets Hit New Asset Purchase and Loan Record Amid COVID

This photo shows the headquarters of the Bank of Japan in Tokyo. (Mainichi) TOKYO (Kyodo) – Total assets held by the Bank of Japan hit a record 724.06 trillion yen ($ 6.3 trillion) in the six months leading up to September, supported by asset purchases and financial support in the …

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to the Basics: Finances | Q4 2021

Editor’s Note And the band performed on… Welcome to this year’s last edition of our very own To the Point Finance! Looking at the state of global financial markets – where, despite some smoke signals (supply chain issues, early symptoms of inflation in the West, apparent real estate bubbles in …

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How the Federal Reserve continues to fuel inflation

The inflationary tax that working families face under Biden’s presidency has many root causes. But one of the most important concerns an individual that most Americans have not heard of: Jerome Powell, chairman of the Federal Reserve Bank. While inflation has hit a 30-year high of 6.2%, more than three …

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Stocks to watch as inflation hits 30-year highs

CHINA – 2021/04/14: In this photo illustration, the American multinational oil and gas … [+] The Exxon Mobil logo is visible on the screen of an Android mobile device with the currency of the United States dollar icon, the $ icon symbol in the background. (Photo illustration by Chukrut Budrul …

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COLUMN-A Winter of Market Confusion: Mike Dolan

If an investor tells you that they are sure what will happen next in macro markets, they are likely to be lying. Such is the confusion in political and investment circles right now about inflation, output, employment, financial prices, and central bank policy that it is probably impossible to predict. …

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Risks to the U.S. financial system are easing as the economy recovers

NEW YORK – Risks to the US financial system have eased considerably compared to the previous year, the Federal Reserve said on Monday. The central bank noted that as the economy recovers from the recession caused by the pandemic, the balance sheets of U.S. individuals and businesses continue to strengthen. …

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It is imperative for the G20 to act as a leader in the regulation of crypto-assets – Analysis – Eurasia Review

By Ussal Sahbaz So-called “crypto-assets” have recently been the focus of attention by regulators of G20 economies. This article will argue that the G20 has both the opportunity and the responsibility to coordinate these efforts to ensure that the building blocks of the next generation of decentralized finance (DeFi) and …

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Swiss National Bank reports loss of CHF 2.075 billion in third quarter

Adds more details, background ZURICH, October 29 (Reuters) – Swiss National Bank SNBN.S posted a loss of 2.075 billion francs in its third quarter, the central bank reported on Friday, as profits from its bond holdings and negative interest rates failed to cover losses from the weakening of the stock …

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The dilemma Latin America faces when it comes to using IMF assets (and the cases of Argentina and Mexico)

Once the most devastating effects of the covid-19 pandemic were overcome, governments in Latin America and the Caribbean – one of the regions most affected due to restriction measures amid the health contingency – have pledged to consolidate the recovery of their economies. The decision of the International Monetary Fund …

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How much the US economy has slowed and profits galore this week

GDP – Gross Domestic Product. American dollar texture. getty This week brings us the verdict on US economic growth in the third quarter. It should show a sharp deceleration from robust second quarter growth with supply chain disruptions and the Delta variant weighing on business. The Atlanta Federal Reserve currently …

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China could move towards looser monetary policy, but needs to be cautious

People walk past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China, September 28, 2018. Jason Lee | Reuters BEIJING – China’s central bank is poised to move cautiously towards easing monetary policy even as the United States is poised to tighten policy. Going …

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Chinese financial system near “peak of stress”, but fallout is yet to come (analysts)

Chinese financial markets are approaching “peak stress” levels, with growing concerns over its heavily leveraged real estate sector as the saga around ailing developer China Evergrande Group unfolds. And investors shouldn’t expect a sustained rebound in the country’s stock market until the credit cycle improves, Danske Bank analysts said. But …

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MFS transactions explode in August

Transactions through mobile financial services in Bangladesh increased by more than 50% year-on-year to Tk 62,230 crore in August, according to central bank data. It was Tk 41,403 crore the same month last year. For all the latest news, follow the Daily Star’s Google News channel. August’s amount, however, was …

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“Patient” or “aggressive”? Federal policymakers divided in response to inflation

File photo: Jerome Powell, Federal Reserve Board of Governors, attends a House Financial Services Commission hearing on September 30, 2021 in Capitol Hill, Washington, U.S. Reuters via Aldrago / Pool October 13, 2021 Anne Safir (Reuters) – U.S. central bankers generally agree that support for the economy may start to …

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SEC Takes Hard Line on Stablecoins Right Now – But May Authorize More Coin Issuers If Successfully Regulates, Financial Policy Expert Says | Currency News | Financial and business news

SEC Chairman Gary Gensler. Photo by Chip Somodevilla / Getty Images The range of stablecoin issuers could expand if the SEC becomes a regulator, despite its firm stance on cryptos. A brawl is brewing between the SEC and the Federal Reserve over which stablecoins will oversee, a senior Cowen analyst …

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UPDATE 2-Eurozone returns, inflation fears subside as energy prices fall

(New everywhere, updates prices, yields, market activity, adds ECB minutes) October 7 (Reuters) – Eurozone bond yields fell on Thursday as energy prices held below recent highs, easing inflation fears and allowing debt markets to recover from the sharp drop from the previous session. On Wednesday, gas and oil prices …

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RBI securitization, positive asset transfer standards, according to Fitch Ratings

MUMBAI : Reserve Bank of India (RBI) securitization and asset transfer guidelines, announced last month, are positive for the structured finance market, but credit neutral for asset-backed securities transactions Indians rated by Fitch Ratings, the rating agency said. He said most of the additional prescribed elements are already taken into …

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As central banks shrink, investors should take shelter

Do you have too much money? Are you losing sleep over that skyrocketing bank account? Maybe not. But think of Jerome Powell and Christine Lagarde, who must all get us out of a global monetary glut. Faced with essentially the same problem of the pandemic era, the Federal Reserve and …

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Naira falls further in official market as foreign exchange reserves gain $ 786 million in one day – Nairametrics

Tuesday, October 5, 2021: The exchange rate between the naira and the US dollar closed at 414.3 N / 1, at the investors and exporters window, where the forex is officially traded. The naira depreciated further against the US dollar on Tuesday, to close at 414.3 N / $ 1, …

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Fed Chairman Jerome Powell faces reappointment amid uproar

As Jerome H. Powell’s tenure as Federal Reserve Chairman comes to an end, President Biden’s decision whether or not to keep him in office has become more complicated amid vocal opposition from Senator Elizabeth Warren to his leadership and an ethics scandal that engulfed his main bank. Mr Powell, whose …

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Opinion: The next financial crisis is fast approaching

NEW YORK (Project Syndicate) – Since the start of 2020, central banks in advanced economies have had to choose between pursuing financial stability, low inflation (typically 2%), or real economic activity. Without exception, they opted for financial stability, followed by real economic activity, inflation last. As a result, the only …

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Key lawmaker at center of spending bill debate demands Fed end asset purchases

Senator Joe Manchin has said he will strike a deal with his own Democratic Party on a spending bill, but only if the Federal Reserve begins to withdraw monetary stimulus to the economy. In an agreement signed with Senate Majority Leader Chuck Schumer (DN.Y.), Manchin said he would only support …

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Five ways U.S. defaults resonate in the global economy

Washington- US lawmakers have less than three weeks to avoid default on the country’s sovereign debt by raising the limit on how much the Treasury can borrow. Otherwise, the United States will deliberately default for the first time in history. To date, there have been numerous reports of the extent …

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Reasons to stay short with exposure to unwanted bonds

With the Federal Reserve apparently considering an interest rate hike in 2022, bond investors are once again facing curveballs from the US central bank. The 2021 bond horizon is a vexing cocktail of low interest rates, depressed credit spreads and the specter of an impending rate hike. In other words, …

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Fight inflation with these traditional knowledge strategies

Indraneel Karlekar is Head of Research for Principal Real Estate, which manages nearly $ 100 billion. He told Insider he believes investors will continue to use real estate as a hedge against inflation. He also touched on 3 other themes guiding real estate investment decisions. American investors are increasingly concerned …

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At the top of Sensex 60k, stop smoothing out, start diversifying

Do not get attached to all the stocks that have given you a decent return, diversify according to geography and asset classes Investors, who are taking advantage of this exhilarating push, would be well advised to diversify into fixed income securities in India and other geographies. In a song by …

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Business This Week | The Economist

Sep 25, 2021 Listen to this story Your browser does not support the item . Enjoy more audio and podcasts on ios Where Android. A global shortage of natural gas supplies continued to shake the markets. Prices have skyrocketed in recent weeks, especially in Europe, following a convergence of unfavorable …

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Asian Stocks, Wall Street Holds Profits After Federal Reserve Statement | Associated press |

Thursday’s Asian share is reported by the Federal Reserve Later this year, we may start easing special measures to support the economy. Shares rose in Hong Kong, Shanghai, Australia and Taiwan, but fell in South Korea and Malaysia. US futures were higher. The market has closed in Tokyo. The US …

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Zacks.com highlights include: Euroseas, Grindrod Shipping, Global Ship Lease, Bluegreen Vacations and Belden

For immediate release Chicago, IL – September 21, 2021 – The shares in this week’s article are Euroseas Ltd. ESEA, Grindrod Shipping Holdings Ltd. GRIN, Global Ship Lease, Inc. GSL, Bluegreen Vacations Holding Corporation BVH and Belden Inc. BDC. 5 stocks with recent price force defying market volatility Volatility returned …

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Wall Street suffers worst drop since May as global markets collapse

Stocks faded on Monday as investors feared the governments of the world’s two largest economies – China and the United States – could act in ways that undermine the nascent global economic recovery. The sell-off started in Asia and spread to Europe before landing in the United States, where the …

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Fed to unveil new projections with investors on alert for when rates take off By Reuters

© Reuters. FILE PHOTO: The Federal Reserve building is pictured in Washington, DC, the United States, August 22, 2018. REUTERS / Chris Wattie / File Photo By Lindsay (NYSE 🙂 Dunsmuir (Reuters) – U.S. Federal Reserve officials will unveil when and how often they think the economy will need an …

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Central banks tiptoe to massive unwinding of economic stimulus

To taper or not to taper? That’s the question central bankers face as they debate when they should reverse the massive economic support measures they deployed last year to prevent a pandemic-induced Great Depression. “The withdrawal of monetary and budgetary support is inevitable. The key issue is timing, ”said Eva …

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Fed Chairman Powell owned the same type of assets, leading to an ethical review of the Fed

Federal Reserve Chairman Jerome Powell has been named one of the most senior officials owning and trading the same type of individual securities the Fed itself was buying during last year’s pandemic. Powell ordered a thorough review of ethics rules governing assets and financial transactions by senior U.S. central bank …

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Global stocks fall as markets wait for Fed meeting and cut schedule

By Elizabeth Dilts Marshall NEW YORK (Reuters) – Global stocks fell on Friday after a week of mixed economic data and fears about stable growth and Asian markets emphasized the US Federal Reserve’s timetable for reducing purchases of assets. FILE PHOTO: A street sign for Wall Street is seen outside …

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Tunisia: transfer of SDR 552.550 million allocation from IMF to Tunisia approved

Tunis / Tunisia – The allocation of special drawing rights amounting to nearly 522.550 million SDRs, granted to Tunisia by the International Monetary Fund (IMF) was approved by presidential decree on September 14, according to the edition Wednesday from the Official Journal. This allocation was the subject of the agreement …

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USD / JPY Fundamental Daily Forecast – Dollar / Yen Firms As Investors Bet On An Anticipated Fed Cut

The dollar / yen closed higher on Friday, supported by rising U.S. Treasury yields as investors increased their bets on a faster-than-expected reduction by the Federal Reserve, following the release of a strong report on the producer price inflation. The spread between US government bond yields and Japanese government bond …

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Alternatives FD I Few alternatives to fixed deposit (FD) for higher returns for seniors

Few Alternatives to Fixed Deposit (FD) for Higher Returns for Seniors Few Alternatives to Fixed Deposit (FD) for Higher Returns for Seniors | Photo credit: Getty Fixed deposit interest rates are at an all-time low as part of the Reserve Bank of India’s (RBI) effort to encourage consumers to spend …

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Asian stocks fall as global growth worries add to regional headwinds

A man wearing a face shield, following an outbreak of coronavirus disease (COVID-19), walks past a stock quote board outside a brokerage house in Tokyo, Japan, March 10, 2020. REUTERS / Stoyan Nenov European and US futures tumble amid global risk aversion Hong Kong benchmark drops 2% following China’s gambling …

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Shares remain stable as Friday’s jobs report looms. But first comes the applications for unemployment benefits.

Text size Investors will watch Thursday’s jobless claims data ahead of Friday’s jobs report. (Angela WeissAFP / Getty Images) Shares rose slightly as trading began on Thursday, as investors wait for a crucial jobs report as a series of other US economic data, including jobless claims, is found in the …

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India attracts $ 22.5 billion in FDI in April-June 2021

Posted: Aug 29, 2021 10:26:19 AM India attracted foreign direct investment (FDI) inflows of $ 22.53 billion in the first three months of the fiscal year starting April 1, about 90 percent more than the April-June period of last year, the government said. India’s automotive industry accounted for 27% of …

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bne IntelliNews – Ukraine to receive $ 2.7 billion in SDR allocation from IMF

The International Monetary Fund (IMF) is due to grant Ukraine a gift of $ 2.7 billion on August 23 as part of its $ 650 billion Special Drawing Rights (SDRs) to help poorer countries to recover faster from the coronavirus crisis. “The SDR allocation will benefit all members, meet the …

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The way forward for digital currencies can be decided in Asia

Creator: Editorial Board, ANU The subsequent time you eat pizza, consider Laszlo Hanyecz. Again in 2010, the Florida resident purchased two pizzas for round US $ 20. The issue? He used Bitcoin to pay them off – 10,000 bitcoins to be precise. If he had saved these bitcoins as a …

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