Dollar holds gains as attention turns to spending data for Fed clues

The dollar is strong because U.S. economic data is better than expected. This makes it less likely that the Federal Reserve will cut interest rates soon. The yen is weak after new tariffs from U.S. President Donald Trump. People are watching U.S. consumer spending data to see if the economy needs more help from the […]

Oil set for biggest weekly gain in three months as Russia cuts fuel exports

Oil prices saw a slight increase on Friday. This is due to Ukraine’s attacks on Russia’s energy infrastructure. Moscow is restricting fuel exports. It is also close to cutting crude output. Brent and U.S. WTI crude futures both experienced gains. These benchmarks reached their highest levels since August 1. U.S. GDP increased more than expected.

Gold eases as dollar firms; US inflation data awaited

Gold prices slightly decreased to $3,741.71 per ounce as stronger U.S. economic data tempered expectations for Federal Reserve rate cuts, boosting the dollar. Investors are keenly awaiting U.S. inflation data for further market direction. New tariffs imposed by President Trump also add to the economic landscape, while other precious metals saw mixed movements.

ET poll: Economists predict RBI to hold policy rates steady amid economic uncertainty

Economists anticipate the Reserve Bank of India (RBI) to maintain policy rates next week, despite potential for cuts, due to uncertainties from US tariffs and GST impacts. While some advocate for proactive rate cuts given low inflation, the majority prefers retaining options, awaiting clearer signs of economic slowdown and assessing the effects of recent GST […]

India’s REITs surge as SEBI reclassification attracts investor attention

Following SEBI’s reclassification of REITs as equity instruments, these trusts are attracting increased investor interest, particularly from HNIs and institutions. This shift is occurring partly at the expense of listed property developers, as REITs offer stability and lower volatility. The reclassification is boosting REIT values and potentially paving the way for index inclusions.

Asian stocks drop after Wall Street rally stalls

Asian stocks declined amid concerns over high Wall Street valuations, triggered by strong US economic data and mixed signals from Federal Reserve officials regarding potential rate cuts. The dollar strengthened, while the yen weakened. Investors are now closely watching the upcoming inflation report, which will influence the Fed’s future policy decisions, adding to market uncertainty.

Digital payment norms revised, two-factor nod mandatory

The Reserve Bank of India has announced new guidelines for digital payment security. Two-factor authentication will become mandatory for all transactions. Banks can now use biometrics and other methods for verification. Small-value transactions are exempt from strict authentication. These rules aim to boost security and will be effective from April 1, 2026.