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BOFA GLOBAL RESEARCH
US Stock Market: JP Morgan brings forward Fed rate hike call to December after July policy meetingJ.P. Morgan has brought forward its forecast for the next US Federal Reserve rate hike to December 2026 after the Fed held interest rates s...
US Stock Market: Wall Street divided on Fed as rising crude prices boost rate hike expectationsThe US Federal Reserve's policy meeting has become harder to predict as surging oil prices and renewed geopolitical tensions raise the risk...
Rupee ends nearly flat as central bank intervention blunts oil strainOn Thursday, the Indian rupee hovered close to a two-month low, influenced by potential intervention from the central bank to counteract ri...
SBI Funds Management IPO ends with nearly 42 times subscription as QIBs drive demand on Day 3; GMP hints at 16% premiumSBI Funds Management IPO is experiencing robust investor demand on its final bidding day. The grey market premium indicates a potential lis...
Wall Street banks see AI 'super cycle' set to boost deals, financingInvestment banks have reaped strong fees from AI-related deals, including SK Hynix's $26.5 billion ADR offering and SpaceX's record $86 bil...
SK Hynix shares jump in marquee US debut as AI euphoria persistsSK Hynix's Nasdaq debut saw its shares jump significantly after a large share sale. This event signals strong investor enthusiasm for chip ...
SK Hynix shares jump 14% in debut on US stock market riding on AI waveSK Hynix shares surged 14% in their Nasdaq debut after a $26.5 billion offering, highlighting strong investor demand for AI-linked chip sto...
SK Hynix set for marquee US debut in test for AI appetiteSK Hynix's U.S. debut tests investor belief in the AI boom's durability. The South Korean chipmaker's offering is the second-largest share ...
Kalyan Jewellers stock to double from here? Why analysts are bullishKalyan Jewellers reported strong first-quarter revenue growth despite market headwinds. The company's international business and digital pl...
RBI faces $100 billion challenge after record currency defenseRBI faces a challenge unwinding its large bearish dollar bets. The central bank has begun trimming its massive short dollar forward positio...
Asian airlines' Europe windfall fades as Gulf rivals reboundAsian airlines that benefited from higher fares and passenger numbers on European routes due to the Iran conflict are now facing declining ...
Rupee ends a tad higher as oil slide, foreign inflows lift sentimentThe Indian rupee experienced a slight boost this week, driven by declining oil prices and the prospect of increased foreign investment. Alt...
South Korea's Kospi surges 6% as chip stocks rebound. Here are two major triggersSouth Korea’s KOSPI surged as much as 6% to an intraday high of 8,982, extending gains for a second straight session and recovering sharply...
Dollar hits one-year high on Fed hike bets; yen nears 40-year lowThe US dollar surged to a year-high on Tuesday, driven by expectations of a more aggressive Federal Reserve and ongoing Middle East uncerta...
AI crash coming closer? South Korea’s Kospi plunges 10%, triggers trading haltSouth Korean stocks experienced a sharp decline, with the Kospi index plummeting nearly 10% from its record high. Chip giants SK Hynix and ...
Dollar firms on hawkish Fed bets, oil rebound; yen near 40-year lowThe US dollar strengthened Tuesday, driven by expectations of a more aggressive Federal Reserve and a rebound in oil prices. Elevated US Tr...
Global economy remains fragile despite US-Iran truce, but India has buffers to weather shocks: RBIGlobal economic fragility persists despite a US-Iran truce, with risks of renewed inflation and supply disruptions if tensions re-escalate....