Ahead of the upcoming CPI numbers on 13 May 2024, investors are closely monitoring India’s retail inflation trends. Projections suggest that retail inflation is likely to remain steady at around 4.8% in April 2024, following a slight decline in March. There is a possibility that it could touch 5.0% year-on-year again, although estimates vary between
Investment
In a recent interview, Australian Treasurer Jim Chalmers expressed his expectations that the upcoming federal budget would play a significant role in alleviating the country’s persistently high inflation and the challenges faced by many Australians in dealing with cost-of-living pressures. Chalmers highlighted the importance of the budget in putting downward pressure on inflation rather than
The Inflation Beneficiaries ETF, created by Horizon Kinetics in January 2021, has been designed to thrive in an environment of rising inflation. Despite the possibility of the Federal Reserve cutting rates this year, James Davolos, the firm’s portfolio manager, remains confident in the ETF’s positioning. He believes that the fund is well-prepared for the “mature
Recently elected President of Panama, Jose Raul Mulino, has unveiled ambitious plans for the country, signaling a shift towards pro-investment and pro-business policies. His proposals include addressing the impact of climate change on the Panama Canal, boosting tourism through a national railway project, and tackling the country’s debt and fiscal challenges. However, a critical analysis
The forecast for the USD/JPY exchange rate heavily relies on economic indicators such as the Michigan Inflation Expectations Index and the Michigan Consumer Expectations Index. While these figures provide some insights, they fail to capture the full complexity of the currency market. Investors should be cautious when making decisions based solely on these indicators as
European companies operating in China are encountering increasing difficulties in maintaining profitability due to a combination of slowing economic growth and overcapacity pressures. According to a recent survey conducted by the EU Chamber of Commerce in China, businesses in the country are facing challenges such as delays in payment, particularly from state-owned enterprises. These delays
When it comes to investing in open markets, it is crucial to understand the risks involved. The information provided on various platforms may contain forward-looking statements that come with uncertainties and risks. While it may be tempting to rely solely on this information for investment decisions, it is important to remember that these profiles are
The financial world was taken aback when Spanish bank BBVA made a surprising hostile takeover bid for its domestic rival Banco Sabadell. This unexpected move came after BBVA’s initial 12 billion euro takeover offer to Sabadell’s board was rejected due to undervaluation of the bank’s growth prospects. The board of Sabadell had emphasized the superiority
When it comes to assessing the direction of Asian stocks, it is clear that there is a lack of definite direction. Despite this, the dollar has remained firm, even in the face of lower U.S. Treasury yields. This can be attributed to the mixed signals being sent by U.S. policymakers, as well as the economic
The USD/JPY exchange rate is currently hovering around 154.784, but intervention risks are looming large. Masato Kanda recently issued a warning, stating that the government would step in if there are any speculative or disorderly movements in the foreign exchange markets. This has sparked concerns among investors, especially after the currency pair experienced a sharp
Billionaire investor Stanley Druckenmiller recently made headlines for his decision to slash his significant investment in chipmaker Nvidia earlier this year. He cited concerns that the rapid growth in artificial intelligence may be overblown in the short term. Druckenmiller revealed his rationale, stating, “We did cut that and a lot of other positions in late
The U.S. stock futures showed minimal changes on Tuesday, following a positive streak in the Dow. The slight increase in Dow futures, along with higher S&P 500 futures and a dip in Nasdaq 100 futures, reflected the optimism among investors. This positive sentiment came on the heels of April’s weaker-than-expected job growth, which raised hopes