2025-01-21 08:57:17 am | Source: Geojit Financial Services Ltd.
Morning Market Quote : Trump 2.0 has kicked off without much clarity on Trump`s likely economic decisions Says Dr. V K Vijayakumar, Geojit Financial Services
Below the Morning Market Views from Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services
"Trump 2.0 has kicked off without much clarity on Trump’s likely economic decisions. In his inaugural address he was clear on immigration but sounded vague on tariffs. The indication of a likely 25% tariffs on Canada and Mexico suggests that the tariff hike policy will be implemented gradually. The currency market has reacted with a cut in the dollar index to 108.43 and the 10-year bond yield has declined to 4.54%. This is the classic case of ‘buy on rumours and sell on news.’ It is likely that further delays in tariff hikes will weaken the dollar and bring down the bond yields. If this happens, it will be good for emerging markets like India. But if the FII flows to India are to turn positive consistently, we will have to see a pick -up in India’s GDP growth and corporate earnings. That’s the crucial macro data to watch."
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
REIT penetration in India to nearly double from curr...
Buy ACC Ltd for the Target Rs. 2,260 by Axis Securit...
Gufic Biosciences gains on making investment in Gufi...
IPO mainboard funding in India touches Rs 15,200 cro...
Suzuki to invest Rs 70,000 crore in India over next ...
India`s advertising market projected to reach 0.5 pc...
Centre releases over Rs 284 crore to strengthen rura...
PM Narendra Modi flags off first `Made in India` e-V...
Buy Bank of Baroda Ltd For Target Rs.275 by Axis Sec...
Orient Technologies rises on bagging purchase order ...
