The Indian rupee today depreciated by another 37 paise to close at 62.60 against the dollar following good month-end demand for the US currency from importers and a fall in local equities on rate hike concerns. The Indian rupee opened …
This cuts into corporate profits, which in turn adversely impacts stock prices. But a strong dollar also reduces import costs, giving Americans more purchasing power. And of course the opposite is true when the US dollar weakens. …
One useful relationship that helps identify turning points in the USD Index is a look at foreign equities. Foreign stocks will often outperform the U.S. markets when the USD is weak; part of the reason for this is that foreign markets are very …
The US dollar sank and stock markets slammed into reverse in wild Asian trade on Wednesday as every new exit poll in the US presidential election showed the race to be a nail-biter, sending investors stampeding to safe-haven assets. …
Stocks have rallied over the past couple weeks as (1) China drew down its foreign exchange reserves to stabilize its currency, (2) the Fed decided to delay its second rate hike, and (3) the Bank of Japan surprised the world with a …
The global rolling stock market size is estimated to be at USD 45.73 Billion in 2015, which is projected to grow to USD
- AUD/USD sell-off continues after reversing at 0.77 - Bonds are plummeting worldwide (yields higher), alongside a sell-off in global equities, correlation highest since 2008 - Fed’s Brainard today could add fuel to fire if Fed hike speculation …
SANTIAGO, March 13 (Reuters) - Chile’s peso closed higher on Friday, buoyed by expectations the central bank could soon start to sell dollars to fund part of a government stimulus package announced in January, and stocks rose in light …
New York, Jan 18 (IANS) The US dollar and stocks took a hit on Tuesday as investors pondered over comments from British Prime Minister Theresa May on Brexit. Britain will leave the European single market, restrict access to the …
India’s external debt stock stood at USD 471.9 billion at the end of March 2017, decreased by USD 13.1 billion (2.7%) over the level at the end of March 2016, as per the External Debt report 2016-17 released by Ministry of Finance. …