The dollar gained as investors took profits on bets it would weaken further and shrugged off economic data suggesting the Fed could be done hiking rates
Spot gold rose 0.2% to $2,044.69 per ounce by 0632 GMT, after hitting its highest since May 5. U.S. gold futures for December delivery rose 0.3% to $2,045.30 per ounce
US bond yields retreat on signs the Federal Reserve may be done with tightening
Superior earnings growth macro-stability make India a standout major global market, say market mavens.
Foreign exchange reserves have declined by around $25 billion from the highest point in 2023
The strong inflows from listed funds into the domestic markets come on the back of an increase in India's weightage
An immediate fallout of the developments has been on crude oil prices, which are now nearing $94 a barrel (Brent crude), rising nearly 12 per cent from $84 a barrel a fortnight ago
The Indian unit moved in a range of Rs. 83.25 a dollar to Rs. 83.28 per US Dollar for the entire day
The outstanding for this bond stands at $520 million, according to data from LSEG
Unlike in the past, when India and other developing markets caught a cold when the US sneezed, the situation is somewhat different now
The US economy, on the other hand, has remained resilient amid strong consumer spending and a resilient labour market
The dollar index eased from a six-month peak against its rivals, making gold less expensive for other currency holders
Over the past one month, the yields on 10-year government bonds have risen 14.7 basis points to 7.218 per cent in India, while they have touched a 17-year high of 4.35 per cent in the US
Rising US bond yields spoil equity market party; Sensex hits one-month low
The development caused a flutter across equity markets, with most leading frontline global equity indices trading weak on Wednesday.
This gives little incentive to FPIs to invest in Indian equities
Shares of drone maker ideaForge Technology are commanding a premium of nearly 70 per cent in the grey market ahead of its initial public offering
Implied volatility tends to rise when asset prices suffer a downtrend, as investors snap up put options to hedge against further losses. It typically falls in bullish markets
Recent rally in bonds despite US bond selloff signals optimism on global index inclusion
LONDON (Reuters) - One day you're out and the next day you're in: the world's battered sovereign bond markets are back in favour as global recession fears mount.