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Market News

Location American Market News for 19 November 2016
Market Heads Into Shortened Holiday Week Still Near All-Time Highs Ready for some turkey, pumpkin pie and holiday shopping? This coming week offers all of that, but Wall Street could slow down a bit from all the recent excitement. Markets are closed Thursday for Thanksgiving and will sh...
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The One Sector You Must Avoid After the Election Donald Trump's win has done something extraordinary to the financial sector. Just look at this one-month chart for the Financial Select Sector SPDR ETF (XLF): Banks Love Trump This is unexpected on two levels. First, of ...
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Dollar logs biggest rally against yen since 1988 on Donald Trump plans Donald Trump's win has led to the surge of the Treasury yields on growing bets that the new administration would pursue fiscal stimulus, boosting the US economy
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Demonetisation sparks rally in India bonds as markets bet on rate cut soon India's benchmark 10-year bond yields have dived 36 basis points to 6.44% , a 7-1/2 year low since 8 November when Narendra Modi announced demonetisation
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Govt may do away with cash exchange gradually

livemint.com - 19 Nov 2016 06:45
Govt may do away with cash exchange gradually The government may withdraw the cash exchange facility gradually and instead ask holders of Rs500, Rs1,000 banknotes to deposit in their bank accounts
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Demonetisation: US banks close rupee exchanges after Rs500, Rs1,000 notes ruled illegal After demonetisation, US banks including JPMorgan, Citigroup and Wells Fargo-- who work with vendors for exchange rupees--have made the bills unavailable
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