The US election outcome will significantly impact Japan. A Harris win might strengthen the yen, while a Trump victory could boost the Tokyo stock market but weaken the yen. Market volatility is expected regardless of the winner. The impact of the election on US economic policy and potential trade implications will be closely watched by investors.
Gold loan stocks rally after RBI hikes loan-to-value ratio limit and eases small loan norms
Gold loan stocks surged 2–7% after RBI raised the LTV ratio on loans under ₹2.5 lakh to 85%. Simplified norms reduce compliance burden, aiding lenders