Global Market News for 11 Dec 2018
Compared with their peers overseas, the Indian ultra-rich hold a smaller proportion of their wealth in liquid assets, with one third invested in their primary businesses.
People who wonder about the future of Bitcoin and other cryptocurrencies need look no further than the history of American 'banknotes.' The dollar is sure to go digital, and when it does there will be... little more talk of crypto than there is now of 'wildcat banking.'
Australian shares gained 0.6 per cent while Japan's Nikkei lifted 0.2 per cent.
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...Did the bitcoin bubble really burst, is it too late to get started, and what are the best tips to be successful in this newly emergent investment space?
The success of the new leadership at RBI will depend on looking beyond the near-term imperatives of the govt.
The RBI bought $3.4 billion of securities during the month to increase its holdings to $144 billion, according to data from the US Federal Reserve Board.
The domestic unit, which saw a heavy sell-off by plunging 110 paise in opening trade, staged a mild recovery towards the end of the session but still settled in the negative territory
Nifty, Bank Nifty, IOC, Asian Paints, YES bank
The new governor's cordial relations with the government will likely help policy negotiations, analysts said.
Former Economic Affairs Secretary Shaktikanta Das was appointed the RBI governor after the markets had closed for the day
US stocks jumped at the open today in broad-based gains led by industrial and technology stocks amid signs of progress in trade talks between the United States and China
The Chinese Auto Dealers Association reported record inventory levels among its members in November, and that will inevitably lead to a round of price discounting in the coming months.
Tech was at the forefront of yesterday's rally and seemed to get continued momentum in pre-market trading Tuesday amid renewed optimism about trade talks with China. Today's producer price index (PPI)... data also looked positive, showing a bit more inflation than expected.
Leveraged loans are doing worse than high yield and there are signs that more pain is yet to come.
The levels of 10,590 & 10,675 are likely to act as immediate resistance on Wednesday.
Standing in the way of efficiencies created by allowing producers to compete to meet consumer's needs fuels inflation, and that devours a disproportionate share of the hard earned dollars of poor... people. That is not compassionate, getting out of the way is.
Bear market antics and traders' actions have undermined the fundamental analysis process
In October, Tata Steel had said TSIL will acquire Usha Martin for Rs 4,300-4,700 crore.
Indian firms had invested USD 1.62 billion in their foreign ventures in November 2017.
The regulator said it will not initiate any enforcement action against the applicants for the default.
On Monday, the Indian rupee tumbled 50 paise to close at 71.32 against the US dollar.
All five U.S. equity averages have negative weekly charts defined by weekly closes below their five-week modified moving averages and with declining 12x3x3 weekly slow stochastic readings.
There's a rare opportunity bubbling up in an obscure corner of the market, and we need to act now!