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. Anderson-traded Brent oil futures rose 0.3% to $85.29 a barrel, while U.S. West Texas…
Tag: GDP
The Bank of Japan (BOJ) held its benchmark interest rates at ultra-low levels on Thursday, as expected, citing the need for accommodative monetary policy amid continued headwinds from rising commodity prices and the aftermath of the COVID-19 pandemic. The world’s…
Asian stock markets sank on Wednesday, tracking overnight losses on Wall Street as investors awaited an interest rate hike and more hawkish signals from the Federal Reserve. Hong Kong’s technology-heavy Hang Seng index continued to lag behind its peers, falling 1.5%, while Japan’s…
U.S. stock futures were trading slightly higher during Sunday’s evening deals, after major benchmark indices posted their greatest weekly losses in 3 months, with investors remaining cautious amid persistent inflation fears ahead of Federal Reserve’s two-day meeting and rate decision later this week. By…
India’s retail inflation likely snapped a three-month downward trend in August as food prices surged, a Reuters poll of economists found, which may add pressure on the Reserve Bank of India to hike interest rates more aggressively in coming months. Food inflation, which accounts…
By Administrator_India Capital Sands The pandemic will pull down India’s gross domestic product by 7.7 per cent in 2020-21, the first advance estimate of GDP released by the National Statistical Office (NSO) on Thursday showed. This will be the biggest annual contraction…