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PRESIDENT CONSUMER BANKING
Warsh's gamble: A quieter Federal Reserve could mean volatile markets, higher ratesNew Federal Reserve Chair Kevin Warsh is significantly reducing the central bank's communication, particularly "forward guidance" on intere...
5 world market themes for the week aheadGlobal markets are watching closely as a U.S.-Iran deal faces crucial weeks. Key economic data from the U.S. and Australia, along with Colo...
Yen nears 40-year low, dollar gains as peace talks in doubtThe US dollar is flexing its muscles against the Japanese yen, much to the attention of market traders. The potential for a US-Iran peace a...
Investors brace for less predictable Fed as Warsh rewrites playbookKevin Warsh's first Federal Reserve meeting as chair saw interest rates held steady, but a shift away from forward guidance blindsided trad...
Dollar jumps as Fed holds rates but projects one hike later this yearThe dollar strengthened as the Federal Reserve held interest rates steady but signaled a potential hike later this year, with policymakers ...
Sensex rises 347 points, Nifty closes near 24,100 as oil prices drop below $80. What lies ahead?Indian stock markets extended gains for the fourth consecutive session, with Sensex and Nifty rising over 0.4% each. This surge was driven ...
As oil roundtrips, AI booms, and US consumers spend, economists' Fed outlooks hit the extremesEconomists are divided on the U.S. economic outlook, with some predicting rate cuts due to consumer weakness and falling real wages, while ...
How a Rs 5 dispute ended Indian Railways paying Rs 10,000 as compensationIndian Railways must refund five rupees to a passenger. The railways also have to pay ten thousand rupees in costs. This follows a consumer...
Banks asked to track movable assets to aid loan recoveriesThe government is collaborating with banks to create a system for sharing borrower asset information. This aims to speed up the recovery of...
India bonds muted as sparse US-Iran deal details cap oil-led gainsTuesday saw Indian government bonds holding firm amidst a backdrop of market anticipation surrounding a possible U.S.-Iran peace negotiatio...
Rupee closes at 94.56 vs USD; US-Iran peace agreement details, Fed guidance awaitedThe Indian rupee strengthened for the third day in a row. This rise was supported by positive sentiment and anticipation of a U.S.-Iran pea...
Rupee inches up, Iran deal longevity worries and hedging dragThe Indian rupee saw a modest rise against the U.S. dollar, influenced by a U.S.-Iran truce but tempered by importer hedging and skepticism...
China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summitEight years of U.S. tariffs have failed to curb China’s manufacturing strength, with Beijing posting a record $1.2 trillion trade surplus b...
Gold steady as investors await details of US-Iran peace dealGold prices held steady after a significant rise, with investors awaiting details on a preliminary U.S.-Iran peace deal. The agreement aims...
Fed and BoE stay guarded after 100 days of Iran warGlobal central banks are poised to maintain current interest rates this week. The Iran war's impact on inflation and growth remains a key c...
Charting the Global Economy: War pushes up prices, dents growthThe Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly t...
Gold heads for second weekly loss on rate rise expectationsGold prices are heading for a second weekly loss as expectations of higher interest rates, driven by persistent inflation concerns, weigh o...
India bonds rise as oil slumps on Iran peace deal hopeIndian government bonds saw a significant rise on Friday. This surge was driven by a sharp decline in crude oil prices. Hopes of a breakthr...
US producer prices rose 6.5% in May on higher energy prices, largest yearly jump since November 2022American producer prices saw their biggest jump since late 2022. Energy costs soared, impacting inflation significantly. This surge follows...
US inflation hits three-year high at 4.2% in May amid high energy pricesAmerica's consumer prices surged in May, reaching their highest in three years. This jump, fueled by rising gasoline costs due to Middle Ea...