Dollar index touches a 4-month low, rupee gains
The dollar index is used to measure the US currency’s strength against a basket of six currencies: the euro, Swiss franc, Japanese yen, Canadian dollar, British pound and Swedish krona.
Rich Chinese investors seen buying into Elon Musk’s companies
The investments are being placed through special-purpose vehicles to avoid the ire of US authorities and companies wary of Chinese capital during a low-point in relations between the two countries, the report said, citing asset managers and investors involved in the transactions.
Bond traders signal risk of recession as Trump tariffs threaten US growth
Speculation that Trump would pour stimulus onto the nation’s expansion – and keep upward pressure on Treasury yields – is being rapidly swept aside less than two months into his presidency. Instead, traders have been piling into short-dated Treasuries, pulling the two-year yield down sharply since mid-February, on expectations the Federal Reserve will resume cutting […]
Nifty upside seen at 23,000 levels: Analysts
The Nifty index has formed a small bullish candlestick on the daily chart, while a strong bullish candle with a long lower shadow on the weekly chart signals support-driven buying and the potential for a short-term recovery.