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Worst streak in 22 years seen ushering in Indian stock rally

BLOOMBERG With a key Indian stock benchmark about to notch its longest stretch of monthly losses in more than two decades, some analysts see the $3 trillion market positioning to bounce back. The NSE Nifty 50 Index is on track for its fourth-straight monthly decline, its worst losing streak since 2001. The gauge is down nearly 9% in that span ...

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US equity futures rise after inflation data, bonds drift

BLOOMBERG US equity futures edged higher after a key measure of US inflation stepped down in February by more than expected, and consumer spending stabilised, suggesting the Federal Reserve may be close to the end of its rate-hiking campaign. The dollar pared an advance. Excluding food and energy, the Fed’s preferred inflation gauge — the personal consumption expenditures price index ...

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Putin inks new Russia foreign policy against ‘hostile’ west

BLOOMBERG President Vladimir Putin approved a new Russian foreign policy concept that set out to confront the US and its allies, claiming an “era of revolutionary changes” was under way in international relations. The US is “the source of fundamental risks to the security of the Russian Federation” and most European states are pursuing an “aggressive policy” aimed at undermining ...

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