Where are interest rates headed?
However, the near consensus in the market is that India’s superior growth and earnings potential for many years to come justifies higher valuations.
Tag: interest
Europe's bank earnings to offer interest rate reality check
By Tommy Wilkes, Tom Sims and Jesús Aguado
KeyCorp, Comerica join major lenders in flagging hit to interest income
(Reuters) -KeyCorp and Comerica (NYSE:CMA) are expecting a fall in interest income in 2024 as higher borrowing costs temper loan demand, they said on Thursday, echoing fears flagged by bigger U.S. lenders this earnings season.
Fed could keep monetary policy tight for longer if needed, says Jefferson
Federal Reserve Vice Chair Philip Jefferson, in remarks devoid of any mention of interest rate cuts, said on Tuesday \”it will be appropriate to hold in place the current restrictive stance of policy for longer\” if inflation fails to slow as expected.
PNC profit falls 21% amid weaker interest income
(Reuters) – PNC Financial (NYSE:PNC) Services reported a 21% fall in first-quarter profit on Tuesday, hurt by lower interest income as the lender paid more to hold customer deposits in a high interest rate environment.
US stock futures subdued amid Middle East, interest rate fears
Investing.com– U.S. stock index futures tread water in evening deals on Monday, extending a decline on Wall Street as risk appetite remained fragile in the face of geopolitical tensions in the Middle East and higher-for-longer interest rates.
GIFT Nifty down 160 points; here\’s the trading setup for today\’s session
\”We expect domestic markets to witness near-term headwinds amid rising volatility. With the start of result season and poll promises by several political parties, we may continue to see sector & stock-specific action,\” said Siddhartha Khemka, Head – Retail Research, Motilal Oswal.
Asian shares slide on Fed rate cut rethink; China GDP in focus
Rising geopolitical tensions kept risk sentiment in check, lifting prices of gold and oil, while investor focus in Asia turns to China with GDP data due at 0200 GMT.
GIFT Nifty down 160 points; here\’s the trading setup for today\’s session
\”We expect domestic markets to witness near-term headwinds amid rising volatility. With the start of result season and poll promises by several political parties, we may continue to see sector & stock-specific action,\” said Siddhartha Khemka, Head – Retail Research, Motilal Oswal.
European stocks kick off week on cautious note amid geopolitical tensions
European shares inched up on Monday, with defence stocks among top gainers, as investors assessed the wider implications of escalating tensions in the Middle East, while optimism around imminent interest rate cuts also aided sentiment.
Vedanta Group asks JPMorgan to arrange Rs 2,500 crore bond
JPMorgan’s financing-solutions department in India, headed by Nitin Rungta, is reaching out to potential investors on behalf of the metals and mining company, according to people who asked not to be identified as the information is private. Those investors include global private credit funds, they said.
Brazil judge suspends Petrobras chair over conflict of interest
BRASILIA (Reuters) – A Brazilian judge has suspended the chair of state oil firm Petrobras\’ board, Pietro Sampaio Mendes, over a conflict of interest regarding his role in the Ministry of Energy, according to a court decision seen by Reuters on Thursday.