Wednesday 2 March 2016

What changed for the market while you were sleeping

The past two days have been nothing short of a marathon run for equity markets and given the cues from Wall Street and the Nifty futures on the Singapore Stock Exchange, it seems we are in a for another good day today. Indian stock market astrology prediction

Global equity markets edged higher on Wednesday led by Wall Street as the US Fed exuded confidence on the economy. Meanwhile, the IMF said India is in a 'sweet spot'. These and other headlines dominate today's wrapup of major events that changed the market when you were sleeping.  Share Market Astrology

Wall Street, crude lead markets to 2-month high
A late surge helped the US markets wrap up their second consecutive day of gains and pull global equity markets towards a two-month high. The late surge was triggered by none other than crude oil, which shrugged off early losses and US inventory buildup news to trade 1% higher. The MSCI ACWI, the broadest gauge of equities, rose 0.9% to hit a high last seen on January 7.    Himanshu Tiwari Astrologer Blog

US Fed's conundrum continues
The US Federal Reserve is stuck between a rock and a hard place. The Fed in its latest summary of the economy said the economy has seen steady expansion since January, but conditions on ground varied. Consumer spending saw an uptick, manufacturing remained flat and the energy sector continued to remain in the doldrums. Although wages increased, consumer spend data gave little joy to the Fed. The US Fed meets in a fortnight to decide whether to hike interest rates again or not. Commodity Market Astrology Tips
IMF strengthens belief in India's story
The International Monetary Fund believes India needs to continue with reforms going forward in order to be able to stay in the economic 'sweet spot'. It has credited the government for boosting investor sentiment and improving public finances. Meanwhile, it has warned the country of uneven growth representing downside risk to the economy, especially the issues in the financial and manufacturing sectors. External factors, it said, still posed a threat to the economy. It sees India growing at 7.3% this year and at 7.5% in the next one year.   Stock Market Trading Tips

Telecom ministry knows consumer interest well
The ministry has asked the telecom operators in the country to submit a compliance report by Monday on compensating users for call drops, failing which they will face punishment. It has also asked them not to approach the Supreme Court, as it will sully their image in front of their customers. The Delhi High Court has already rejected their plea. Under the regulations,               Jackpot Stocks Trading Tips

ECB believes banks can take up ultra-low rates
In a further sign of its intentions to cut deposit rates, executive board member Benoit Coeure said banks will be able to handle ultra-low interest rates and will benefit from the ECB's measures to support growth and inflation. Bank earnings have remained weak in Europe in the previous few quarters, but with the economy and inflation showing no signs of life, the ECB has no choice but to go in for further easing. ECB meets on March 10.

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