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China’s yuan jumps to 16-month high, state banks step in to curb gains
Close up of Chinese Yuan notes, with Mao Tse-tung Peter Dazeley | The Image Bank | Getty Images China’s yuan rose to its strongest level in nearly 16 months on Friday on bets that Beijing will unveil fresh economic stimulus following a jumbo U.S. rate cut, though gains were capped by dollar buying from Chinese […]
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What a Fed rate cut could mean for the world
The U.S. Federal Reserve is on Wednesday heading for its first interest rate cut since the onset of the Covid-19 pandemic — and despite the move being widely forecast, global investors are braced for impact. The Fed is behind a swathe of its central bank peers, including those in the euro zone, the U.K., Canada, […]
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CNBC’s Inside India newsletter: What happens when the Fed cuts rates?
This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. The big story The Federal Reserve is almost certain to start its rate-cutting cycle next week. Historically, a […]
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CNBC’s Inside India newsletter: Stocks had a record-breaking rally. What’s next?
This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. The big story Indian stocks reached dizzying heights this week with a record-breaking 14-day rally. Equities also […]
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CNBC’s Inside India newsletter: The search for a stock market alternative
A bronze bull statue outside the Bombay Stock Exchange (BSE) building in Mumbai, India, on Monday, June 3, 2024. India’s stock futures jumped after exit polls indicated a resounding victory for Prime Minister Narendra Modi’s ruling party in general elections that concluded Saturday. Photographer: Dhiraj Singh/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images […]
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CNBC’s Inside India newsletter: Could Hindenburg’s latest allegations have wider implications for India?
This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. The big story No one is questioning India’s sovereignty, as the world’s largest democracy marks 77 years […]
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CNBC’s Inside India newsletter: Could India be a hedge for a U.S. recession?
This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. The big story A surprise interest rate hike from the Bank of Japan and the Federal Reserve’s […]
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A global stock rout is deepening with investors fleeing to safe havens
A man looks at an electronic boarddisplaying stock prices of the Nikkei 225 listed on the Tokyo Stock Exchange in Tokyo on April 30, 2024. Kazuhiro Nogi | Afp | Getty Images Investors on Monday turned to safe-haven assets as a global stock sell-off deepened, following weaker-than-expected U.S. jobs data at the end of last […]
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CNBC’s Inside India newsletter: Can India’s hot deal-making season extend to a free trade agreement?
Customers browse the S1 Pro electric scooter of Ola Electric Mobility Pvt. at the launch event of Ola Experience Center in Bengaluru, India, on Sunday, Nov. 27, 2022. Ola opened three showrooms called Ola Experience Centres in Bengaluru on Sunday. Photographer: Samyukta Lakshmi/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images This report is […]
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Banks get bullish on the British pound despite the possibility of an imminent snapback
LONDON — With sterling as one of the best performing major currencies so far this year, analysts at various investment banks believe that the British pound still has more room to run, despite the Bank of England likely cutting interest rates in the near term. In a recent research note, experts at Goldman Sachs were […]
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