Global equities have delivered 5% annualised returns versus 1.7% for bonds since 1900
Still, one-year equity returns globally, since the war began, have been subdued and marred by intense volatility
Diversification, returns an impetus for moving more capital abroad
Kotak MF and Edelweiss MF place restrictions on investments as they near their international investment limits
The dollar, a beneficiary of rising U.S. interest rates, was on track for its best annual performance in seven years.
SINGAPORE, LONDON (Reuters) -Global equities traded sideways on Wednesday after China took further steps towards reopening its COVID-battered economy, with hopes for an economic rebound tempered by near-term worries over rising cases.
Global equities were startled last week after the US Fed and European Central Bank warned of a long period of higher interest rates. Given this, will the markets witness extended correction this week?
Global equity markets are now looking to make up for their underperformance of the past few months. But analysts caution that rally in the Indian markets could take a backseat during the rest of 2022
The broader NSE Nifty dipped 65.75 points or 0.36 per cent to end at 18,343.90
The Dow Jones Industrial Average fell 0.46% to 32,001.25, the S&P 500 lost 1.06% to 3,719.89 and the Nasdaq Composite dropped 1.73% to 10,342.94
Benchmark indices finished on a weak note on Thursday, extending their previous day's decline amid a negative trend in global equity markets after the US Fed hiked interest rates by 75 basis points. The 30-share BSE Sensex declined 69.68 points or 0.11 per cent to settle at 60,836.41. During the day, it tanked 420.95 points or 0.69 per cent to 60,485.14. Similarly, the broader NSE Nifty dipped 30.15 points or 0.17 per cent to end at 18,052.70. From the Sensex pack, Tech Mahindra, PowerGrid, NTPC, Infosys, Wipro, HDFC, Tata Consultancy Services and Mahindra & Mahindra were the major laggards. State Bank of India, Titan, Bharti Airtel and Hindustan Unilever were among the winners. Elsewhere in Asia, markets in Seoul, Shanghai and Hong Kong ended lower. Stock exchanges in Europe were trading in the negative territory in mid-session deals. Wall Street had ended significantly lower on Wednesday. "Fed's refusal to tone down the rate hike narrative shattered the global markets as ...
A strengthening rupee further bolstered sentiment, even as relentless foreign capital outflows restricted the gains, traders said.
Global shares were mostly higher on Monday as investors kept their eyes on a weeklong Communist Party congress in China. France's CAC 40 added 0.5 per cent in early trading to 5,961.27. Germany's DAX gained 0.5 per cent to 12,498.72. Britain's FTSE 100 rose 0.5 per cent to 6,894.84. The future for the Dow industrials was up 0.7 per cent, while the contract for the S&P 500 gained 0.9 per cent. Britain's new Treasury chief was due on Monday to announce details of his tax and spending plans Monday, two weeks ahead of schedule, in a bid to calm markets roiled by the government's economic policies. Chancellor of the Exchequer Jeremy Hunt was expected to ditch more of the measures announced by the government of Prime Minister Liz Truss on September 23. Since then, the prime minister's libertarian economic policies have triggered a financial crisis, emergency central bank intervention, multiple U-turns and the firing of her Treasury chief. In Asia, the meeting of China's ruling Communi
Dip in dollar, bonds, and oversold markets boost global equities
Three decades have been benign for global equities, but that time is now changing
Global stocks fell for a third day Friday after more rate hikes by the Federal Reserve and other central banks to control persistent inflation spurred fears of a possible global recession. London and Frankfurt opened lower. Shanghai, Hong Kong and Seoul declined. Oil prices fell by more than $1 per barrel. Japanese markets were closed for a holiday. Wall Street futures were lower following rate hikes Thursday by central banks in Britain, Switzerland, Turkey and the Philippines. The Fed hiked its key rate on Wednesday for a fifth time this year and indicated more rises were on the way. Global equities are struggling as the world anticipates surging rates will trigger a much sooner and possibly severe global recession, Edward Moya of Oanda said in a report. In early trading, the FTSE 100 in London lost 0.6% to 7,127.70 and the DAX in Frankfurt shed 0.3% to 12,490.55. The CAC 40 in Paris was 0.2% lower at 5,905.20. On Wall Street, futures for the benchmark S&P 500 index and Dow Jones
Is the end of the pandemic in sight for India? What is the significance of Apple's 'Make in India' push? Is it time to diversify to global equities? What is Goldilocks scenario? All answers here
Fears of uncertain inflation and growth trajectory are keeping markets volatile. Should investors look to invest in Indian markets, or it is a good time to diversify into international markets?
Business Standard's Puneet Wadhwa spoke with Mark Matthews, head of research for Asia at Julius Baer to understand what he makes of the current market rally and if the worst of inflation is behind us
The barometer declined by 370 points to hit a low of 57,744.70 amid losses in global equities following worries over tensions between the US and China in afternoon trade