The unexpected decline in Australian employment in February caused speculators to increase their bets on more interest-rate cuts this year, which in turn caused the currency and government bond rates to decline. Compared to a predicted 30,000 gain, employment fell 52,800, primarily from full-time positions, according to official figures released Thursday. Due to a decline…
For the second consecutive meeting, the Federal Reserve kept interest rates unchanged on Wednesday and upheld its earlier forecast of two rate cuts this year. However, in the face of uncertainty surrounding President Trump’s plans to apply a sweeping array of additional tariffs on top of those already levied on China, Canada, and Mexico, the…
US stock futures increased as investors processed Fed Chair Jerome Powell’s soothing remarks following the central bank’s Wednesday interest rate hold. Futures linked to the Dow Jones Average (YM=F) increased by 0.08% on Thursday. Nasdaq futures (NQ=F) increased by 0.14%, while futures associated with the benchmark S&P 500 (ES=F) increased by 0.12%. A relief that…
During a much-awaited news conference on Wednesday, Jerome Powell did not mince words when discussing the effects of President Trump’s tariffs. The chairman of the Federal Reserve stated unequivocally that Trump’s trade policy would undoubtedly raise prices, even if it were unclear how much and whether the price increases would be “transitory.” When asked about…
Nvidia (NVDA) has grown to be one of the world’s most significant semiconductor firms in a very short period. The company’s revenues have soared from $27 billion in fiscal 2023 to $130.5 billion in fiscal 2025. Since January 2023, share prices have increased by around 680%. Despite not being as well known as other Big…
On March 19, a rate-setting panel led by US Fed Chair Jerome Powell will announce the US central bank’s second policy decision for 2025, despite widespread anticipation of an interest rate suspension due to economic uncertainties around tariffs. US Fed Policy: Despite the threat of “stagflation” to the most excellent economy in the world, the…
Following the board’s decision to prolong Rajivnayan Rahulkumar Bajaj’s term as Managing Director & Chief Executive Officer for another five years, beginning on April 1, shares of Bajaj Auto will be the subject of attention on Wednesday. Additionally, they have approved a maximum investment of Rs 1,500 crore into Bajaj Auto Credit, a firm subsidiary….
To give policymakers more time to assess the potential impact of increased U.S. tariffs on the export-dependent economy, Japan maintained interest rates at their current level on Wednesday. The decision was widely anticipated because of concerns about a global slowdown brought on by U.S. President Donald Trump’s tariff policies, which overshadowed wage and price statistics…
On Tuesday, March 18, pharmaceutical manufacturer Zydus Lifesciences Ltd. said that the (FDA) had permitted it to produce and purchase 60 mg of apalutamide, the generic version of 60 mg Erleada tablets. Patients with metastatic castration-sensitive prostate cancer may benefit from therapy with the androgen receptor inhibitor palutamide. At Zydus Lifesciences Ltd (SEZ), Ahmedabad, apalutamide…
On March 17, the Super Iron Foundry IPO allocation will be finalized. Investors can use Link Intime’s site to see their allocation status. With a subscription rate of 1.56 times by Day 3, the initial public offering (IPO) occurred between March 11 and 13. Super Iron Foundry IPO Allotment Date: Today (Monday, March 17), the…