Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
Prevailing geopolitical concerns following the escalating conflict in Ukraine earlier this week led safe-haven assets higher, including gold and government bonds
Stock Market Today: GIFT Nifty futures indicated a slightly positive bias for markets at open today.
Stock Market Today: Indian equity benchmark indices BSE Sensex ,and Nifty50 ended in red on Friday.
Moves in the yen against the dollar and other major currencies stole the spotlight on Friday
Data on Thursday showed US jobless claims dropped while S&P Global's Flash PMI survey showed business activity expanded
New Zealand's central bank offered a sobering assessment of its inflation problems, warning that rates would have to be higher
Traders are pricing in 47 basis points of easing this year from the Fed, with a rate cut in November fully priced in
China stocks also gained, with blue-chip shares 0.14 per cent higher, while Hong Kong's Hang Seng Index rose 1.4 per cent, having touched an eight month high in early trading
Markets remain nervous, however, after U.S. Federal Reserve officials on Monday said their priority remained controlling domestic inflation
Europe's main stock indexes barely budged and government bond yields edged up toward multi-year highs hit earlier in the week as March PMI data came in reassuringly robust
World stocks crept higher on Wednesday, while assets such as government bonds and gold lost ground, despite Western doubt of Russian claims of troops pullback from Ukraine's borders.
With the reports of Russian troops near Ukraine returning to their base, thereby easing the Russia-Ukraine tension, the Gold prices fall by 0.8% after reaching 8-month high prices.
A stronger-than-expected German business sentiment survey added to the upbeat mood in Europe
The S&P 500 futures were down 0.3 percent, while the New Zealand stocks were off 0.3 percent. Australian markets were closed for a holiday
MSCI's global stock index, which tracks shares in 47 countries, declined 0.2%, slipping further from a record level