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U.S. BUDGET DEFICIT RISING
Yen hits 40-year low as clock ticks on interventionThe Japanese yen hit a 40-year low against the dollar, sparking speculation of government intervention. Despite past efforts, the yen conti...- Oil risks rise, but Moody's sees India holding firmMoody's Ratings believes India can manage a wider fiscal deficit this year without jeopardising its investment-grade credit rating. Despite...
- India bonds rise as US-Iran halt strikes; monsoon risk limits gainsIndian bonds have surged for the fifth straight session, fueled by easing U.S.-Iran tensions and robust foreign investment. The 10-year yie...
- Rupee slips as tepid stocks dull boost from firmer Asian peersThe Indian rupee edged lower against the dollar on Monday, despite positive sentiment from a US-Iran de-escalation and gains in Asian curre...
- India bonds edge up, supported by steady oil prices, halt to US-Iran strikesIndian government bonds saw an early rise on Monday, buoyed by strong foreign investment and stable oil prices, which helped offset geopoli...
- US Stock Market: Warsh faces crucial week with court ruling, global debut in focusFederal Reserve Chair Kevin Warsh faces a crucial week. The Supreme Court's decision on Governor Lisa Cook's removal will test the central ...
- Mark Zuckerberg asks Meta to explore working with Polymarket and Kalshi: ReportThe social media company's executives have said Arena, Meta's new prediction market app under development, will differ from Polymarket and ...
- Iran war latest ground report: Interim deal imperilled further as both sides go ballistic againIran war: Escalating tensions saw the U.S. launch airstrikes against Iran following attacks on Bahrain and Kuwait. President Trump warned o...
- Iran-U.S. war erupts again: Donald Trump threatens to wipe out Iran, America strikes at missile, drone storage facilities, coastal posts, claim IRGCIran-U.S. confrontation over Stratit of Hormuz and other issues continue to escalate as President Donald threatened to wipe out Iran.
- India's higher nominal GDP growth may help contain fiscal pressures despite global risks: EYIndia's fiscal deficit is expected to remain under control in FY27, thanks to robust nominal GDP growth driven by higher inflation, accordi...
- Wall Street Week Ahead: Jobs data, rate bets in focus as US stocks close solid first halfUpcoming jobs data could signal a strong U.S. economy, potentially leading to interest rate hikes and stock market jitters, especially for ...
- Gold gains as dollar weakens; still on track for fourth straight weekly lossGold prices saw a modest uptick on Friday, buoyed by a weaker dollar and slightly eased expectations of U.S. interest rate hikes following ...
- US goods trade deficit widens sharply in May on importsThe goods trade gap increased 27.4% to $105.8 billion last month, the Commerce Department's Census Bureau said on Friday. Economists polle...
- 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...
- Rubio in Middle East tour says any Iran deal will ensure security of Gulf alliesU.S. Secretary of State Marco Rubio assured Gulf Arab allies that any deal with Iran would prioritize their security interests. Concluding ...
- Gold extends losses on Fed tightening outlook, dollar strengthGold prices tumbled to a seven-month low on Thursday, nearing $3,985 per ounce, as a robust dollar and anticipation of Federal Reserve inte...
- Gold slips as Fed rate-hike expectations buoy dollarGold prices dipped on Wednesday, reaching their lowest point since June 11, as a stronger dollar, fueled by anticipated U.S. interest rate ...
- European shares muted as investors weigh U.S.-Iran talksEuropean markets showed little movement as investors weighed U.S.-Iran talks for progress on Strait of Hormuz shipping. Brent crude dipped ...
- Yen teeters on cusp of 40-year low as BOJ hike fails to stem routThe dollar continues to exhibit resilience against key global currencies, largely fueled by the ongoing unpredictability of a potential U.S...
- Pentagon tells US lawmakers it needs $80 billion for Iran war and other bills, WSJ reportsThe US Defense Department requires eighty billion dollars to cover expenses from the Iran war and other non-war related bills. A larger fun...
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