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Blog 3 Columns

  • Investor Sentiment on Thin Ice Amid Rate Hikes and Swoon in Stocks

    Investor Sentiment on Thin Ice Amid Rate Hikes and Swoon in Stocks0

    Aggressive rate hikes and posturing by the Federal Reserve in an effort to bring down inflation, and the return of a bear market for U.S. equities have contributed to the most pessimistic sentiment among investors all year, according to our most recent survey of our daily newsletter readers. The survey, fielded from September 20-27, captured

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  • OIL HEADS FOR FOURTH STRAIGHT MONTHLY LOSS AS OPEC MEETING LOOMS

    OIL HEADS FOR FOURTH STRAIGHT MONTHLY LOSS AS OPEC MEETING LOOMS0

    Oil prices rose slightly on Friday, but were set for a fourth straight month of losses amid growing concerns over weakening demand, with focus now turning to a potential supply cut by the OPEC next week. London-traded Brent oil futures, the global benchmark, were flat at $87.50 a barrel by 21:55 ET (01:55 GMT), while

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  • GOVT HIKES DA BY 4% UNDER 7TH PAY COMMISSION; DETAILS HERE

    GOVT HIKES DA BY 4% UNDER 7TH PAY COMMISSION; DETAILS HERE0

    The Union Cabinet has hiked Dearness Allowance (DA) of central government employees and pensioners by 4 percent under the 7th Pay Commission, The hike takes DA to 38 percent from current 34 percent of basic pay/pension. The Finance Ministry said that the central government employees and pensioners will become entitled to higher amount of Dearness

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  • GOVT HIKES DA BY 4% UNDER 7TH PAY COMMISSION; DETAILS HERE

    GOVT HIKES DA BY 4% UNDER 7TH PAY COMMISSION; DETAILS HERE0

    The Union Cabinet has hiked Dearness Allowance (DA) of central government employees and pensioners by 4 percent under the 7th Pay Commission, The hike takes DA to 38 percent from current 34 percent of basic pay/pension. The Finance Ministry said that the central government employees and pensioners will become entitled to higher amount of Dearness

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  • Asia FX Battered by Hawkish Fedspeak, Dollar Back at 20-Year Peak

    Asia FX Battered by Hawkish Fedspeak, Dollar Back at 20-Year Peak0

    Asian currencies plummeted on Wednesday, while the dollar surged to new 20-year highs on hawkish comments from Federal Reserve officials and growing safe haven demand. The dollar index jumped 0.4% to a new 20-year high of 114.68, while dollar index futures rose in a similar range. A broad market rout in risk-driven assets also drove

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  • Oil Prices Hover Near 8-Mth Low as Recession Fears Dent Outlook

    Oil Prices Hover Near 8-Mth Low as Recession Fears Dent Outlook0

    Oil prices held near eight-month lows on Monday after falling sharply last week, as markets feared that slowing global economic activity will dent demand for crude. London-traded Brent oil futures rose 0.3% to $85.29 a barrel, while U.S. West Texas Intermediate futures were unchanged at $78.67 a barrel by 21:30 ET (01:30 GMT). Both contracts

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