-
Markets stay calm amid coronavirus concerns as attention shifts to Fed chief Jerome Powell
- February 13, 2020
- Posted by: Amit Pabari
- Category: Economy
No CommentsThe range of rupee is getting narrower with each passing day with volatility drying up to its lowest in the last couple of months.
-
Coronavirus fears keep US dollar in high demand; rupee to remain unchanged
- February 10, 2020
- Posted by: Amit Pabari
- Category: Economy
The US dollar has skyrocketed through a series of positive economic releases which have returned values in favour of the currency.
-
Indian rupee may remain steady, RBI likely to maintain status quo
- February 6, 2020
- Posted by: Amit Pabari
- Category: Economy
With core CPI inflation still within the RBI’s band and below 4 percent, it is more likely that the central bank will continue to hold status quo in the upcoming meeting.
-
Two sides of Budget 2020: What will drive the market?
- February 4, 2020
- Posted by: Amit Pabari
- Category: Market
Budget may have triggered one of the deepest declines in the Indian stock market but it has not done any damage to the bond market. Indian bond markets could be seen as attractive to foreign investors as the deficit was well managed at 3.5 percent by the government.
-
Market awaits FOMC and Budget 2020, seeks clarity on economic health
- January 29, 2020
- Posted by: Amit Pabari
- Category: Market
When the world is “coronavited” and scrambling to contain the virus, investors are shifting their focus to the Federal Reserve’s monetary policy announcement due early Thursday morning and upcoming Union Budget.
-
Stronger dollar taking a toll on its rivals
- January 28, 2020
- Posted by: Amit Pabari
- Category: Market
The USD is scraping the skies to pop up fresh highs as the rise for safe heaven increases after a viral breakout. Going forward, the US Fed prepares to hold their first policy meeting of the year on January 28 and 29, central bankers are sending clear signals that the monetary policy is in an ideal spot. Meanwhile, employers are still hiring, workers are still spending, unemployment is still low and inflation is still tame.
-
Indian rupee is trying to swim before taking a dive
- January 23, 2020
- Posted by: Amit Pabari
- Category: Economy
The current situation suggests that the impact on the currency shall remain biased towards depreciation with a cap near 72.40 levels until March 2020.
-
Budget, RBI policy to drive the theme for rupee; dollar to stay strong
- January 21, 2020
- Posted by: Amit Pabari
- Category: Economy
Due to an unexpected shortfall in revenue and higher spending, the fiscal deficit for the current financial year is likely to edge higher at 3.7-4 percent. However, the same is likely to slow down the capital flows into the country which could lead to the currency’s weakness towards 71.50 levels.
-
Switching gears: How RBI’s dollar-buying programme affects Indian rupee
- January 17, 2020
- Posted by: Amit Pabari
- Category: Economy
The dollar buying programme by the Reserve Bank of India has become a talk of the town of late. But was it the same case in the preceding years? Let’s have a look at how the RBI intervened in the dollar for the past three years.
-
Gold prices in 2020: What will drive the yellow metal this year
- January 3, 2020
- Posted by: Amit Pabari
- Category: Market
After a bull grip in 2019, gold prices in the first two days of the new year has been steady. In last year, the yellow metal had given more than 18 percent return.