A gauge of global stocks rallied and U.S. Treasury yields mostly fell on Thursday, as policy announcements from a string of central banks fueled optimism that interest rate hike cycles may be nearing an end.After the U.S. Federal Reserve raised rates by 25 basis points (bps), as was widely expected, on Wednesday, markets rallied following […]
Oil prices were little changed on Friday after a meeting between Saudi Arabia and Russia calmed markets, but crude benchmarks were still headed for a second weekly fall after a banking crisis sparked a sell-off in global financial markets this week. Brent crude futures edged up 2 cents to $74.72 a barrel by 0133 GMT, […]
Indian benchmark indices BSE Sensex and NSE Nifty 50 are among the best performers so far this year compared to major western and EM stock markets, with gains of over 4% year-to-date. Bank, oil & gas, fast-moving consumer goods (FMCG), and public sector enterprises are among the stocks that drove the rally in the index […]
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