Page 25 - Global Markets

The recovery risks

Economic management in India will remain tricky

Sensex, Nifty rise for third straight day tracking global markets

At the closing bell, the BSE gauge quoted 254.03 points or 0.50 per cent higher at 51,279.51 - taking its three-session gains to 874.19 points or 1.73 per cent

World shares gain ahead of US jobs data, Fed chair comments

Stocks are higher in Europe and Asia after a wobbly day on Wall Street, when the S&P 500 gave back most of its gains from a day earlier. Benchmarks rose Wednesday in Paris, London, Tokyo and Shanghai. US futures also advanced. Investors have taken heart from an easing in bond yields that has alleviated worries over possible interest rate hikes. The yield on the 10-year Treasury inched down to 1.40 per cent early Wednesday. But expectations for stronger economic growth in coming months continue to fuel worries that interest rates will head higher. It feels like we are in the eye of the storm," Stephen Innes of Axi said in a commentary. Investors have recently focused on selling high-priced technology shares but are also watching for policy changes as President Joe Biden's USD 1.9 billion stimulus package heads into the Senate after narrowly passing in the House. How much overheating and inflation will the Biden fiscal stimulus generate remains at the top of virtually every market .

Global stocks, US futures sink after selloff in US Treasury debt eases

Global stock markets and Wall Street futures declined Tuesday after a selloff in US Treasury debt eased, helping to allay concern about a possible rise in interest rates. Tokyo, Shanghai and Hong Kong closed lower and Frankfurt retreated in early trading. London opened higher. Overnight, Wall Street's benchmark S&P 500 index climbed 2.4 per cent, recovering most of its losses from the past week. That came after a Treasury selloff abated after pushing yields to their highest level in a year. That helped to dampen concerns about a possible rise in interest rates and downward pressure on the U. economic recovery. Investors appear to be taking a breather after Monday's recovery, Jeffrey Halley of Oanda said in a report. Also Tuesday, Australia's central bank left its policy unchanged at its March meeting. Meanwhile, Japan reported employment rose despite a state of emergency to cope with renewed coronavirus outbreaks and South Korea reported higher factory output. In early trading,

Japan's Topix hits seven-month high on tech-heavy Nasdaq rebound

The Topix Index jumped 2.04 per cent to 1,894.94, the largest gain since Aug. 11, 2020, while the the Nikkei share average advanced 2.41 per cent to 29,663.50

European stocks rebound on signs from bond market, vaccination-led optimism

The pan-regional STOXX 600 index rose 1.6 per cent by 08:11 GMT following strong gains in Asian stocks

Pharma stocks may hold ground as volatility grips global markets

The Nifty Pharma index was down 1.76 per cent on Friday compared to a 568-point or nearly 3.8 per cent slide in the Nifty50 on weak global cues

Global Markets: Shares and commodities keep climbing, so do bond yields

The euro touched a one-month high of $1.2183

Banks, miners lead European markets higher as Fed calms inflation woes

Shares in the British bank slipped 5 per cent despite it restoring its dividend and reaffirming long-term profit goals

Global equities rise as US bond yield fears ease

NEW YORK (Reuters) - A gauge of global equity markets rose on Wednesday after Federal Reserve Chair Jerome Powell said interest rates will remain low, calming market jitters sparked by a jump in U.S. Treasury yields on fears that a robust recovery would drive inflation higher.

Global shares mixed amid vaccine optimism, US technology sell-off

Global markets were mixed Tuesday after a sell-off of shares in technology companies on Wall Street. France's CAC 40 edged 0.3per cent higher in early trading to 5,782.75, while Germany's DAX was little changed, up less than 0.1per cent at 13,953.13. Britain's FTSE 100 gained 0.5per cent to 6,646.83. U.S. shares were set for gains, with Dow futures up 0.3per cent at 31,548. S&P 500 futures rose 0.2per cent to 3,882.88. Tokyo was closed for a national holiday. South Korea's Kospi slipped 0.3per cent to 3,070.09. Australia's S&P/ASX 200 gained 0.9per cent to 6,839.20. Hong Kong's Hang Seng jumped 1.0per cent to 30,632.64, while the Shanghai Composite lost 0.2per cent to 3,636.36. The technology sell-off spilled into Asia. Chinese cell phone maker Xiaomi fell 3.1per cent, e-commerce giant Alibaba lost 1.2per cent and Taiwan computer chip maker declined 1.4per cent. Although the world's economies have been battered by the coronavirus pandemic, the deployment of COVID-19 vaccines ..

World shares trade lower after a mixed day on Wall Street

World shares were mostly lower Thursday after a mixed session on Wall Street, where losses by technology and industrial companies offset other gains. Benchmarks fell in Tokyo and Hong Kong but were flat in Paris and London. Shanghai advanced after reopening following the Lunar New Year holiday. Optimism that rollouts of coronavirus vaccines will set the stage for stronger economic growth in the second half of this year has been pushing shares higher. But expectations of a post-pandemic recovery also have resurrected concerns over inflation that could prompt governments and central banks to pull back on stimulus. Germany's DAX rose 0.2% to 13,934.02 and the CAC40 in Paris was virtually unchanged at 5,765.36. Britain's FTSE was also almost unchanged, at 6,712.47. US futures fell, with the contract for the S&P 500 down 0.3% and that for the Dow industrials 0.1% lower. In Asian trading, the Shanghai Composite index gained 0.6% to 3,675.36 and the S&P/ASX 200 was flat, at 6,885.90.

Rising US Treasury yields cool down rally in global stock markets

The gap between 10-year and two-year U.S. yields also reached its widest in nearly three years

Deep freeze sends natural gas soaring to record $600 in Oklahoma

Heating and power plant fuel traded for as much as $195 per mmBtu in Southern California

Bitcoin nears $50,000-mark as it hits a record in weekend action

Bitcoin has been buoyed in recent months by endorsements from the likes of Paul Tudor Jones and Stan Druckenmille

Global markets: Tokyo stock exchange Nikkei hits record high in 30 years

The Tokyo stock exchange Nikkei index reached record highs since August 1990 at Monday opening, the Kyodo news agency reports

'Roaring Kitty' rally: How a Reddit user and his friends roiled the markets

Massachusetts-based YouTuber Keith Gill is GameStop bull

Markets see worst weekly setback since May, Sensex off 7.8% from peak

FPIs sell Rs 5,931 crore on Friday, most since March

Global Markets: Stocks fall on long-short battle, European vaccine row

Wall Street has been gripped by a coordinated assault by small traders organising over online forums

Sensex ends 535 points lower, Nifty just above 13,800; Maruti falls 3.5%

A sharp fall in the US markets on Wednesday and weak opening in other Asian markets weighed on sentiment of domestic investors causing the Sensex to drop nearly 900 points in intra-day trade