Recent Posts

Vexed central banks brace for more damage to growth

Bloomberg Resurgent coronavirus outbreaks will vex central bankers on five continents this week as they weigh the threat of more damage to growth against the hope that mass vaccinations will reopen economies. Institutions meeting from Tokyo to Frankfurt to Ottawa are pondering the prospect of another lost quarter amid renewed lockdowns to contain the pandemic. Most are likely to maintain ...

Read More »

Emerging markets tested by rising dollar ahead of Joe Biden’s return

Bloomberg A stronger US dollar is proving to be an early test for emerging-market currencies on the eve of Joe Biden’s inauguration. The greenback gained over the last two weeks, buoyed by the president-elect’s proposal for a $1.9 trillion stimulus package. Most developing-nation currencies have slumped in that span, and history suggests further pain may be in store. MSCI Inc.’s ...

Read More »

India stocks track Asian falls, edging away from key 50,000 mark

Bloomberg India’s equity benchmark falls in line with its regional peers, and is now set for a second day of declines. That slump will put the S&P BSE Sensex even further away from the key 50,000 level it was looking to breach last week. The benchmark slid 1% to 48525.55 as of 11:59 am in Mumbai, with four stocks falling ...

Read More »
Send this to a friend