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Market News

Location American Market News for 9 January 2025
The U.S. 10-year Treasury yield may breach last year's high of 4.739%, based on charts, UOB said.
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Australian Shares Set to Rise at Open

Wall Street Journal - 9 Jan 2025 23:54
Australian stocks are expected to open higher, with ASX futures up 0.3% before the bell.
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Frigid Weather Adds to High Beef Price Pains

Wall Street Journal - 9 Jan 2025 20:57
Live cattle futures trading on the CME rose on Thursday to a new record, climbing up to $1.98 a pound intraday. They are up approximately 15% from this time last year.
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How to pay credit card bills using another credit card - all details here How to pay credit card bills using another credit card: Timely credit card payments are crucial to avoid interest and fees. Cardholders can use another credit card to pay bills through balance transfers, UPI, or cash adv...
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The U.S. stock market will be closed and the bond market will shut early. In the U.K., the pound and bonds continued to sell off.
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U.K. Bond Yields Hit Highs Not Seen Since 1998

Wall Street Journal - 9 Jan 2025 14:29
Yields on government debt rose to their highest levels for over 25 years and the British pound continued to sag against the dollar, as investors worry about increasing levels of government borrowing and a generally lackl...
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UBS Close to Large Settlement Over Credit Suisse Tax Case

Wall Street Journal - 9 Jan 2025 14:26
The potential payout relates to an earlier deal over tax evasion by U.S. clients of Credit Suisse, the rival Swiss bank that UBS acquired in 2023.
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HDFC personal loan interest rate for ₹1 lakh: Eligibility, other key factors to keep in mind A personal loan of ₹1 lakh offers immediate access to funds for various needs, with interest rates ranging from 10.50 per cent to 21 per cent. Borrowers should apply cautiously, considering potential drawbacks and elig...
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How a financial planner can help you optimise your personal loan - find out here As personal loans rise in popularity, optimising becomes essential for effective financial management. Financial planners help clients navigate terms, repayment strategies, and interest costs, ensuring loans align with b...
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This credit card helps you save 25% on movie tickets, but there's a catch; details here ICICI Bank offers HPCL Super Saver Credit Card, which gives a 25 per cent discount on movie ticket purchases. The total discount is, however, capped at ₹100 on the purchase of a minimum of two tickets per transaction.
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Europe's Gas Price Retreats Further

Wall Street Journal - 9 Jan 2025 13:39
European natural-gas prices fell, and Raboank said the around 10% retreat in price over the the week on an improved weather outlook signals that last week's rally might have been overdone.
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Personal Loan EMI Calculator: How can it help students manage their loan repayments? Students often rely on loans for higher education, making it crucial to manage debt effectively. An EMI calculator aids in budgeting and repayment planning, helping students choose optimal EMI plans and consider refinanc...
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Best business loan schemes for women in India: Top 5 options to consider The rise of women-led firms in India reflects their contribution to economic growth. Government schemes like Mudra Yojana and Stand-Up India support women entrepreneurs through financial aid and training, empowering them...
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Health insurance claims: How to ensure fair grievance redressal The 2024 Irdai guidelines aim to simplify documentation requirements, ensuring policyholders are not burdened with unnecessary paperwork.
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Mutual fund folios hit an all-time high of 22.5 crore in Dec; SIP inflows exceed ₹26,000 crore Retail AUM (which includes equity, hybrid and solution-oriented schemes) stood at ₹39,91,313 crore for Dec 2024 as compared to ₹ 39,70,220 crore in Nov 2024.
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Banks can now reset password, unblock access to UPI as NPCI automates process. Here's how The National Payments Corporation of India has announced that the reset password and unblock user ID process has been automated with three different options.
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American investment could become less welcome, undermining Japan's progress on corporate reforms.
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Cut through the market noise: Where investors should focus in 2025 Equity markets' 'good times' over the past five years may have lulled new investors into a false sense of security. What steps can investors take to stay on track in the long term?
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AMFI data: Inflow into equity mutual funds rose 14% in December 2024 vs. November AMFI data: December 2024 recorded an inflow of ₹41,155 crore in equity mutual funds, vis-a-vis ₹35,943.4 crore the previous month.
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Instant personal loan: Is it safe to share your documents online? Find out Instant loan apps streamline the borrowing process by enabling users to upload documents digitally. However, to protect personal information, it is crucial to utilize RBI-registered platforms with encryption and secure s...
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How to calculate the true cost of using a credit card - A complete guide Credit cards offer rewards and benefits but come with costs like interest, annual fees, and foreign transaction fees. Users should manage expenses by paying bills on time and understanding all associated fees to maximize...
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Paying rent with a credit card: How it affects your finances - Pros and cons Credit cards: Paying rent with a credit card can help accumulate points and build credit, but it also has disadvantages like fees and interest. Weigh the benefits against the risks and consider your financial habits befo...
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