indices
Mexico’s economy demonstrated resilience in the second quarter of 2024, with GDP increasing by 0.2% from the previous quarter. This modest growth mirrors preliminary estimates and follows a downwardly revised 0.1% increase from the prior period. However, annual growth showed a more robust figure, with a 2.1% increase in Q2, slightly below the initial 2.2% forecast but a notable acceleration from the 1.5% rise in the previous quarter. Data from the Instituto Nacional de Estadística y Geografía (INEGI) reveals that this represents the second consecutive quarter of slow growth. While the service ...
Invezz
Indian stocks are doing well this year even as the rupee sits at a record low. The USD/INR exchange rate has moved to 83.93, 32% above its lowest point in 2018. The Nifty 50 and BSE Sensex indices have continued soaring and were nearing their all-time high. The BSE Sensex has risen for three consecutive weeks and was trading at ₹80,905, close to its all-time high of ₹81,998. Similarly, the Nifty 50 index has risen to ₹24,817, near its all-time high of ₹25,105. It has soared by more than 230% from its lowest point in 2020. This article looks at some of the most active stocks in India like Yes B...
Invezz
Asia-Pacific markets opened predominantly higher on Thursday, with investors awaiting key business activity data from Australia, Japan, and India as the trading day progresses. The recent decision by the Bank of Korea to maintain its benchmark interest rate at 3.5% aligned with expectations, though market participants are keenly watching for any indications of potential policy adjustments in future communications. The Bank of Korea decided to keep its benchmark interest rate steady at 3.5%, a move that was anticipated by market observers. Traders are particularly interested in the language of ...
Invezz
Indian stocks continued powering high this month, helped by the rising hopes of Federal Reserve interest rate cuts and a fairly strong rupee. The blue-chip Nifty 50 index rose to ₹24,540 on Monday, up from this month’s low of ₹23,875. Similarly, the closely-watched iShares India 50 ETF (INDY), which has over $950 million in assets, rose to $54.21 from the August 5 low of $52.10. Federal Reserve interest rate cutsThe Nifty 50 index has jumped mostly because of the ongoing resurgence of global stocks. In the United States, the Nasdaq 100, Dow Jones, and S&P 500 index have all bounced back and ar...
Invezz
American stocks continued doing well this week as investors moved on past the Japanese yen carry trade mess that happened two weeks ago. The Dow Jones index has risen by over 5.65% from its lowest point this month. Similarly, the Nasdaq 100 index has moved into a bull market, rising by over 11.7% from its lowest point in August. The S&P 500 index has jumped by more than 8.29% in this period. This recovery happened as investors continued to buy the dip in US equities as recession fears dropped. Data released this week showed that the country’s inflation continued falling in July while retail sa...
Invezz
Stock investors who followed the popular ‘sell in May and go away’ mantra are suffering significant losses as the market has continued surging ahead. The Dow Jones index has rallied by over 6% since May 1st while the Nasdaq 100 and S&P 500 indices have jumped by over 10%. These indices have erased all the losses they made earlier this month when the fear of the unwinding of the Japanese yen carry trade escalated. The Dow Jones is a few points below its all-time high of $41,418 while the S&P 500 needs to rise by 2.32% to get to its all-time high of $5,668. The sell in May and go away mantra has...
Invezz
Colombia’s economy has experienced a robust rebound in the second quarter of 2024, showcasing a significant 2.1% year-on-year increase in gross domestic product (GDP). This upturn marks the strongest growth since the first quarter of 2023, highlighting the country’s resilience and economic dynamism in the face of previous challenges. The latest data from Colombia’s Department of National Statistics Administration (DANE) reveals a dramatic improvement from the 0.7% GDP growth reported in Q1 2024. The recovery was fueled by notable gains in major economic drivers, including gross fixed capital f...
Invezz
Japanese stocks have staged a strong comeback after tumbling hard earlier this month. The Nikkei 225 index rose to a high of ¥36,240 on Wednesday as traders waited for Thursday’s Japan GDP data. It has risen by over 16% from its lowest point last week. Japanese yen has retreatedThe Nikkei 225 index comeback happened as the country’s currency, the yen, retreated against the US dollar, Australian dollar, euro, sterling, and other currencies. The USD/JPY exchange rate rose to 146.88, up by over 3.6% from its lowest point this month. Similarly, the AUD/JPY pair jumped to 98 from last week’s low of...
Invezz
In a notable shift, MSCI (Morgan Stanley Capital International) is set to remove a significant number of Chinese stocks from its indexes, reflecting the increasingly challenging economic prospects for China. Simultaneously, India is making strides in closing the gap with China on the MSCI Global Standard Index with the announcement of seven stocks to its India gauge, and an increase in the weight of HDFC Bank in what signals a shift in the economic landscape of emerging markets. MSCI’s equity indexes are tracked by institutional investors worldwide for asset allocation and investment analysis....
Invezz
Veteran investor David Roche has issued a cautionary forecast for the stock market, predicting a potential bear market in 2025. Roche, a prominent expert at Quantum Strategy, points to the growing bubble in artificial intelligence (AI) as a key factor that could drive a significant market downturn. According to Roche, the exuberance surrounding AI may lead to a sharp correction, potentially causing the S&P 500 to fall by up to 20% from its current highs. David Roche expects the Fed to lower interest ratesDavid Roche also expects the Federal Reserve to lower interest rates at a smaller-than-exp...
Invezz
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら