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Currency Article : Euro and Pound face a sudden blow; causes panic selling By Heena Naik, Angel One Ltd Below the quote on "Currency Article" by Heena Naik- Research Analyst - Currency, Angel One Ltd                               Euro and Pound face a sudden blow; causes panic selling On 23rd Aug’23, both the Euro currency and the Sterling Pound started off the day on a mute note however the currencies made a sudden dive down south in the middle of t...
Currency Article : Euro and Pound face a sudden blow; causes panic selling By Heena Naik, Angel One Ltd
Currency Article : Euro and Pound face a sudden blow; causes panic selling By Heena Naik, Angel One Ltd
Source: Angel One Ltd
24/08/2023 11:52:03 AM
Quote on Currency : USDINR Spot remains bullish in August`23; to hit 83.50 soon Say`s Heena Naik, Angel One Ltd Below the quote on "Currency" by Heena Naik- Research Analyst - Currency, Angel One Ltd                                USDINR Spot remains bullish in Aug’23; to hit 83.50 soon The month of Aug’23 has already seen the Indian Rupee weaken by almost 1.04 percent touching the lower levels of 83.16. The remaining few days of this month shall witness fu...
Quote on Currency : USDINR Spot remains bullish in August`23; to hit 83.50 soon Say`s Heena Naik, Angel One Ltd
Quote on Currency : USDINR Spot remains bullish in August`23; to hit 83.50 soon Say`s Heena Naik, Angel One Ltd
Source: Angel One Ltd
22/08/2023 11:53:35 AM
Quote on Currency : BoJ`s bolt-out-of-the-blue statement on yield curve shocks markets By Heena Naik, Angel One Ltd Below the quote on "Currency" by Heena Naik- Research Analyst - Currency, Angel One Ltd The recent Bank of Japan Monetary Policy Statement dated 28th July 2023 was a major shock to investors and markets. The policy-setting committee kept the interest rates unchanged however raised the upper limit for the fixed-rate operations. It will offer to buy 10-year Japanese government bonds at 1.0 percent in fixed-rate operations from the previous rate of 0.5 ...
Quote on Currency : BoJ`s bolt-out-of-the-blue statement on yield curve shocks markets By Heena Naik, Angel One Ltd
Quote on Currency : BoJ`s bolt-out-of-the-blue statement on yield curve shocks markets By Heena Naik, Angel One Ltd
Source: Angel One Ltd
28/07/2023 6:03:41 PM
Currency Article : Britain`s growing inflation gives Sterling a boost By Heena Naik Angel One Ltd Below The Quote On "Currency Article" By Ms. Heena Naik, Research Analyst, Currency, Angel One Ltd.                                        Britain’s growing inflation gives Sterling a boost   As per OECD’s recent research report, the year-on-year inflation rate in the G7 and other advanced countries had faced a major downtrend. H...
Currency Article : Britain`s growing inflation gives Sterling a boost By Heena Naik Angel One Ltd
Currency Article : Britain`s growing inflation gives Sterling a boost By Heena Naik Angel One Ltd
Source: Angel One Ltd
7/07/2023 10:49:48 AM
Sterling Pound plays with the bulls; GBPINR Spot to hit 104-mark soon Says Heena Naik, Angel One Below is views on Currency Update by Heena Naik, Research Analyst - Currency, Angel One Ltd Overall trend of the Sterling Pound, in the first half of 2023, has been mostly bullish with two major obstructions in Mar’23 and May’23 that gave a bearish jolt to the currency. Fall in Mar’23 was mostly due to fears around rising US interest rates that smashed global risk sentiment while May’23 was governed by US banking and debt crisis. Having s...
Sterling Pound plays with the bulls; GBPINR Spot to hit 104-mark soon Says Heena Naik, Angel One
Sterling Pound plays with the bulls; GBPINR Spot to hit 104-mark soon Says Heena Naik, Angel One
Source: Angel One Ltd
1/06/2023 11:50:49 AM
Sterling Pound Write Up : GBPINR Spot to cross 104 mark, fundamentals at play Says Ms. Heena Naik, Angel One Below is on Sterling Pound Write Up By Ms. Heena Naik, Research Analyst, Currency, Angel One Ltd. Sterling Pound has been on the rise since the past two months. GBPUSD has surged by more than 5 percent since Mar’23. This has influenced GBPINR trend as well however the influence is not as strong as GBPUSD, thanks to the Indian Rupee. So, what is causing the Pound to rise beyond and farther? Starting with US Dollar Index, the American currency has plunged by...
Sterling Pound Write Up : GBPINR Spot to cross 104 mark, fundamentals at play Says Ms. Heena Naik, Angel One
Sterling Pound Write Up : GBPINR Spot to cross 104 mark, fundamentals at play Says Ms. Heena Naik, Angel One
Source: Angel One Ltd
8/05/2023 12:54:10 PM
View on Currency Update by Heena Naik, Angel One Ltd Below are Views On Currency Update by Heena Naik, Research Analyst - Currency, Angel One Ltd USDINR has been trading in a range bound to bearish manner for quite some time. It is likely to continue with its bearish trend in today’s trading session as well primarily due to fall in US Dollar Index post the US CPI data and FOMC Meeting Minutes. Consumer prices in the US rose less than expected in Mar’23; raising expectations that the US Fed is likely to stop hi...
View on Currency Update by Heena Naik, Angel One Ltd
View on Currency Update by Heena Naik, Angel One Ltd
Source: Angel One Ltd
13/04/2023 3:59:23 PM
FOMC Monetary Policy Update By Heena Naik, Angel One Ltd Below is Quote on FOMC Monetary Policy Update By Ms. Heena Naik, Research Analyst - Currency, Angel One Ltd   In the recent FOMC Monetary Policy, the US Feds raised its key rate by 25 bps as widely expected. The committee projected at least one additional interest rate increase of 25 basis points by the end of 2023.  The Fed's dropped the forward guidance, mentioning that “some additional policy firming may be appropriate”, instead ...
FOMC Monetary Policy Update By Heena Naik, Angel One Ltd
FOMC Monetary Policy Update By Heena Naik, Angel One Ltd
Source: Angel One Ltd
23/03/2023 10:46:06 AM
Adani crisis to push USDINR in the bullish territory, 83.80 seen next Says Heena Naik, Angel One Below is views on Currency Update by Heena Naik, Research Analyst - Currency, Angel One Ltd Speculators have had the most amazing time of the year. With so many dramatic events doing the rounds these days, rupee traders are in for a treat. After trading in a strict range, the Indian rupee is all set to fall in the coming days. Reason being – the Adani effect! The Indian rupee behaved well during India’s Union Budget 2023, the US Fed's monetary policy,...
Adani crisis to push USDINR in the bullish territory, 83.80 seen next Says Heena Naik, Angel One
Adani crisis to push USDINR in the bullish territory, 83.80 seen next Says Heena Naik, Angel One
Source: Angel One Ltd
10/02/2023 11:18:33 AM
FOMC Monetary Policy Update By Heena Naik, Angel One Ltd Below is Quote on FOMC Monetary Policy Update By Ms. Heena Naik, Research Analyst - Currency, Angel One Ltd In the recent FOMC Monetary Policy, the US Feds committee hiked the benchmark rates by 25 bps as widely anticipated by markets. In his statement, Fed Chair Jerome Powell said that the central bank has made progress in its battle against inflation, even as he warned that additional rate hikes are likely warranted. On the recent easing of financial cond...
FOMC Monetary Policy Update By Heena Naik, Angel One Ltd
FOMC Monetary Policy Update By Heena Naik, Angel One Ltd
Source: Angel One Ltd
2/02/2023 2:23:45 PM
Bank of England hikes rates for the 8th time in 2022; Pound reacts negatively Says Heena Naik, Angel One Below Quote On Currency by Heena Naik- Research Analyst - Currency, Angel One Ltd   On 15th Dec’22, the BoE policy setting committee hiked the interest rates by 50 basis points as widely anticipated, lifting it from 3.00 percent to 3.50 percent. The move was mainly done to tackle inflation, which currently is at a 41 year high. Apparently, inflation in the UK has become a serious concern – from Brexit to covid after-effects and Ukraine-Russia&rs...
Bank of England hikes rates for the 8th time in 2022; Pound reacts negatively Says Heena Naik, Angel One
Bank of England hikes rates for the 8th time in 2022; Pound reacts negatively Says Heena Naik, Angel One
Source: Angel One Ltd
16/12/2022 4:49:18 PM
Global growth is set to lose momentum as monetary policy actions tighten financial conditions Says Heena Naik, Angel One Below Quote On RBI Monetary Policy  by Heena Naik- Research Analyst - Currency, Angel One Ltd On 7th Dec’22, the Reserve Bank of India hiked the policy repo rate by 35 basis points to 6.25% after inflation continued to stay above its tolerance band. The stance remained focused on the withdrawal of accommodation Global growth is set to lose momentum as monetary policy actions tighten financial conditions and as consumer confidence weakens with the rising co...
Global growth is set to lose momentum as monetary policy actions tighten financial conditions Says Heena Naik, Angel One
Global growth is set to lose momentum as monetary policy actions tighten financial conditions Says Heena Naik, Angel One
Source: Angel One Ltd
7/12/2022 2:36:53 PM
Quote on Currency: USDINR treads on a straight path; next move towards 82.40 levels Says Heena Naik, Angel One Below Quote On "Currency" by Heena Naik- Research Analyst - Currency, Angel One Ltd Since the past few days, the Indian Rupee has been trading with a strong bias; giving a ray of calmness to all the distressed importers. The prime reason for the strong trend is attributed to US Dollar Index’s fall along with bunched up dollar inflows into the system. Not only this, the huge pullback in crude prices has also worked in favour of the local unit.  Mo...
Quote on Currency: USDINR treads on a straight path; next move towards 82.40 levels Says Heena Naik, Angel One
Quote on Currency: USDINR treads on a straight path; next move towards 82.40 levels Says Heena Naik, Angel One
Source: Angel One Ltd
18/11/2022 4:40:45 PM
ECB Policy Update : The European Central Bank hiked rates by 75 basis points By Heena Naik, Angel One Ltd Below are Views On Global Market by Heena Naik, Research Analyst - Currency, Angel One Ltd - The European Central Bank hiked rates by 75 basis points,  leaving its three main rates sitting in a range of between 1.5 and 2.25 percent. - This hike was widely expected and was made to combat soaring inflation, despite growing concern that the eurozone is hurtling towards a painful recession.  - Post the policy, the Euro currency plunged by around 1 perce...
ECB Policy Update : The European Central Bank hiked rates by 75 basis points By Heena Naik, Angel One Ltd
ECB Policy Update : The European Central Bank hiked rates by 75 basis points By Heena Naik, Angel One Ltd
Source: Angel One Ltd
28/10/2022 11:01:16 AM
Currency Article : India faces two major challenges - The rupee and economy Says Ms. Heena Naik, Angel One Ltd  Currency Article 22 July 2022 By Ms. Heena Naik, Research Analyst - Currency, Angel One Ltd  2022 is definitely one of the worst years that India could face. The rupee has crossed the 80-mark while the inflation rate is sitting above 7 percent; something that both local and global investors are worried about. It all started with the US Fed rate hike where a lot was speculated and a lot had actualized, in terms of the rate hike. The world got more than they ...
Currency Article : India faces two major challenges - The rupee and economy Says Ms. Heena Naik, Angel One Ltd 
Currency Article : India faces two major challenges - The rupee and economy Says Ms. Heena Naik, Angel One Ltd 
Source: Angel One Ltd
22/07/2022 9:08:46 AM
Japanese Yen gets the spotlight amidst all the global humdrum By Heena Naik, Angel One Ltd Below are View On Currency 23 June 2022 by Heena Naik, Research Analyst - Currency, Angel One Ltd There is a lot of talking happening about the Japanese Yen lately. The currency has weakened by more than 15 percent in 2022, which is huge! So, what led the Yen to weaken so much? And what is the Bank of Japan doing for arresting the fall in the Yen? Before diving into the much-asked questions, it is important to understand the econo...
Japanese Yen gets the spotlight amidst all the global humdrum By Heena Naik, Angel One Ltd
Japanese Yen gets the spotlight amidst all the global humdrum By Heena Naik, Angel One Ltd
Source: Angel One Ltd
23/06/2022 1:29:47 PM
View on Currency Update by Heena Naik, Angel One Ltd Below are Views On Currency Update by Heena Naik, Research Analyst - Currency, Angel One Ltd On 19th Apr’22, USDINR made a gap up opening at 76.31 levels from its previous closing of 76.25 levels. Thereafter, it surged towards 76.52 levels due to fall in local equities which got influenced by weaker US and European equities after Russia demanded the surrender of Ukraine's remaining holdouts in the devastated southern port city of Mariupol. Also, sluggish globa...
View on Currency Update by Heena Naik, Angel One Ltd
View on Currency Update by Heena Naik, Angel One Ltd
Source: Angel One Ltd
20/04/2022 3:56:49 PM
View on Currency Update by Heena Naik, Angel One Ltd Below are Views On Currency Update by Heena Naik, Research Analyst - Currency, Angel One Ltd Since the past few days, the Indian Rupee has been trading in a positive manner. However, this trend has finally been obstructed pulling the Rupee in the negative territory. Today, the local unit has weakened by almost 0.45 percent touching the lower levels of 74.60. Reason behind the same could be attributed to the opportunistic dollar buying by importing companies and banks.&n...
View on Currency Update by Heena Naik, Angel One Ltd
View on Currency Update by Heena Naik, Angel One Ltd
Source: Angel One Ltd
18/01/2022 5:06:34 PM
View on Global Market Update By Heena Naik, Angel One Ltd Below are Views On Global Market Update by Heena Naik, Research Analyst - Currency, Angel One Ltd Global Update* * The Indian government is likely to set a capital expenditure target of more than Rs 6.5 trillion for 2022-23 in the upcoming budget to be presented in Parliament on February 1. The finance minister had raised capital expenditure to Rs 5.54 trillion in the last budget. This year, another hike of more than 20 percent is expected.  *&...
View on Global Market Update By Heena Naik, Angel One Ltd
View on Global Market Update By Heena Naik, Angel One Ltd
Source: Angel One Ltd
15/01/2022 11:09:12 AM
View on Global Market By Heena Naik, Angel One Ltd Below are Views On Global Market by Heena Naik, Research Analyst - Currency, Angel One Ltd Global Update* - The Indian government is likely to set a capital expenditure target of more than Rs 6.5 trillion for 2022-23 in the upcoming budget to be presented in Parliament on February 1. The finance minister had raised capital expenditure to Rs 5.54 trillion in the last budget. This year, another hike of more than 20 percent is expected.  - The number of Ame...
View on Global Market By Heena Naik, Angel One Ltd
View on Global Market By Heena Naik, Angel One Ltd
Source: Angel One Ltd
14/01/2022 2:45:10 PM
View on Global Market By Heena Naik, Angel One Ltd Below are Views On Global Market by Heena Naik, Research Analyst - Currency, Angel One Ltd Global Update* - The US Fed Chair's testimony signaled that while the Fed will be normalizing policy it has not made a decision on reducing its nearly $9 trillion balance sheet. Powell noted that policymakers were still debating approaches to reducing the Fed's balance sheet, and said it could sometimes take two, three or four meetings for them to make such decis...
View on Global Market By Heena Naik, Angel One Ltd
View on Global Market By Heena Naik, Angel One Ltd
Source: Angel One Ltd
12/01/2022 12:42:29 PM
View on Currency Update by Heena Naik, Angel One Ltd Below are Views On Currency Update by Heena Naik, Research Analyst - Currency, Angel One Ltd Since the month of Dec’21 uptil now, the Japanese Yen has weakened by more than 3 percent touching the lower levels of 116.34. Reason behind this weak trend could be attributed to the energy crisis which has disrupted Japan’s economy considering it’s the world’s third-largest country that imports energy. The rising costs have hampered Japan’s imp...
View on Currency Update by Heena Naik, Angel One Ltd
View on Currency Update by Heena Naik, Angel One Ltd
Source: Angel One Ltd
5/01/2022 1:46:16 PM
View on Currency Update by Heena Naik, Angel One Ltd Below are Views On Currency Update by Heena Naik, Research Analyst - Currency, Angel One Ltd The year-end is definitely on the Rupee's side as it has been trading with a positive bias since the last few days. Since mid-month of December (i.e. from 15th Dec’21 until now), Rupee has appreciated by more than 2 percent touching the higher levels of 74.39.  Reason behind the same could be attributed to suspected dollar selling by RBI and exporter companies....
View on Currency Update by Heena Naik, Angel One Ltd
View on Currency Update by Heena Naik, Angel One Ltd
Source: Angel One Ltd
30/12/2021 3:12:01 PM
Quote on FOMC Policy Outcome By Heena Naik, Angel One Ltd Below is quote on FOMC Policy Outcome by Heena Naik, Research Analyst - Currency, Angel One Ltd - US Fed doubles the pace of taper to $30 billion a month.  - Signals three hikes in 2022 & another three hikes in 2023 - Fed median forecast shows three hikes in 2022, three in 2023 - Interest rates were kept unchanged at 0-0.25 percent - They expect to keep rates at 0 until the US reaches full employment - Faster taper allows the Fed to add...
Quote on FOMC Policy Outcome By Heena Naik, Angel One Ltd
Quote on FOMC Policy Outcome By Heena Naik, Angel One Ltd
Source: Angel One Ltd
16/12/2021 11:48:05 AM
View on Global Market By Heena Naik, Angel One Ltd Below are Views On Global Market by Heena Naik, Research Analyst - Currency, Angel One Ltd - Asian bonds received their smallest foreign inflows this year in November amid rising prospects of quicker unwinding of stimulus measures by the U.S. Federal Reserve and caution about economic uncertainties from the Omicron coronavirus variant. - NSE Indices Ltd, the index services subsidiary of the National Stock Exchange of India (NSE) announced the launch of Nifty Ind...
View on Global Market By Heena Naik, Angel One Ltd
View on Global Market By Heena Naik, Angel One Ltd
Source: Angel One Ltd
15/12/2021 12:35:56 PM
View on Global Market By Heena Naik, Angel One Ltd Below are Views On Global Market by Heena Naik, Research Analyst - Currency, Angel One Ltd - India's foreign exchange reserves declined for the second consecutive week, ending $1.783 billion down at $635.905 billion for the week ended 3rd Dec’21. The dip in the forex kitty was mainly on account of a decline in foreign currency assets (FCA), a major component of the overall reserves. - According to the BRICS Economic Bulletin 2021, India's recovery ...
View on Global Market By Heena Naik, Angel One Ltd
View on Global Market By Heena Naik, Angel One Ltd
Source: Angel One Ltd
13/12/2021 12:32:32 PM
View On Global Market 09 December 2021 By Heena Naik, Angel One Ltd Below are Views On Global Market 09 December 2021 by Heena Naik, Research Analyst - Currency, Angel One Ltd - RBI maintains growth target for FY 22 at 9.5 while Fitch reduced its projection to 8.4% from 8.7% earlier. - China’s CPI rises in November at the fastest pace since August 2020, while factory inflation eases off from the recent 26-year high. - US JOLTS data showed that job openings surged in October while hiring decreased, suggesting a worsening...
View On Global Market 09 December 2021 By Heena Naik, Angel One Ltd
View On Global Market 09 December 2021 By Heena Naik, Angel One Ltd
Source: Angel One Ltd
9/12/2021 12:21:53 PM
View on Global Market By Heena Naik, Angel One Ltd Below are Views On Global Market by Heena Naik, Research Analyst - Currency, Angel One Ltd - The number of Americans filing new claims for unemployment benefits rose less than expected last week while layoffs tumbled to a 28-1/2 year low in November, both signs of tightening U.S. labor market conditions amid an accelerating economy. - Chinese tech stocks in Hong Kong plunged after ride-hailing giant Didi announced on social media platform Weibo that it will begi...
View on Global Market By Heena Naik, Angel One Ltd
View on Global Market By Heena Naik, Angel One Ltd
Source: Angel One Ltd
3/12/2021 12:18:58 PM
View on Global Market By Heena Naik, Angel One Ltd Below are Views On Global Market by Heena Naik, Research Analyst - Currency, Angel One Ltd - India’s GDP grew 8.4% in the last quarter, core sector growth touched 7.5% and fiscal deficit for the 7 months period came in at 36.3% (BE) - all three exceeding expectations. The CEA expects double-digit growth for full fiscal. However, S&P maintains GDP forecast for this fiscal at 9.5%. - China Caixin Manufacturing PMI contracts to 49.9 in November, in a nega...
View on Global Market By Heena Naik, Angel One Ltd
View on Global Market By Heena Naik, Angel One Ltd
Source: Angel One Ltd
1/12/2021 12:16:37 PM
View on Global Market By Heena Naik, Angel One Ltd Below are Views On Global Market by Heena Naik, Research Analyst - Currency, Angel One Ltd - Japan's service prices rose 1.0% in October from a year earlier, their eighth straight month of gains and a sign inflationary pressure was building due to higher global commodity costs. - The new variant of Covid, detected by scientists in South Africa, may be able to evade immune responses and has prompted Britain to hurriedly introduce travel restrictions on South ...
View on Global Market By Heena Naik, Angel One Ltd
View on Global Market By Heena Naik, Angel One Ltd
Source: Angel One Ltd
26/11/2021 12:22:27 PM
New Covid-19 wave in Europe to thrash both: Economy & Currency By Heena Naik, Angel One Ltd Below is quote On New Covid-19 wave in Europe to thrash both: Economy & Currency by Heena Naik, Research Analyst - Currency, Angel One Ltd After suffering almost for two years by the Covid-19 hit, the European Union heaved a sigh of relief. Most of the shut businesses that were once shut, were reopened again lighting the livelihood of the common man. Economic activities were on the rolling once again. Equities and the Euro currency were seen reversing their los...
New Covid-19 wave in Europe to thrash both: Economy & Currency By Heena Naik, Angel One Ltd
New Covid-19 wave in Europe to thrash both: Economy & Currency By Heena Naik, Angel One Ltd
Source: Angel One Ltd
25/11/2021 2:37:41 PM
View on Global Market By Heena Naik, Angel One Ltd Below are Views On Global Market by Heena Naik, Research Analyst - Currency, Angel One Ltd Global Update - UK PMI data revealed robust expansion in the private sector's economic activity. - Bank of England Governor Andrew Bailey said that he might further scale back guidance on central bank policy and the central bank could return to stating that decisions would be made on a meeting-by-meeting basis. - Euro-zone business growth unexpectedly accelerated...
View on Global Market By Heena Naik, Angel One Ltd
View on Global Market By Heena Naik, Angel One Ltd
Source: Angel One Ltd
24/11/2021 12:06:03 PM
View on Global Market By Heena Naik, Angel One Ltd Below are Views On Global Market by Heena Naik, Research Analyst - Currency, Angel One Ltd - Brent crude prices slumped after the OPEC and the IEA warned of impending oversupply and that rising COVID-19 cases in Europe increased the downside risks to demand recovery. - Charles L. Evans, CEO of the Federal Reserve Bank of Chicago, sounds cautiously optimistic while saying, “It will take until the middle of next year to complete the Fed’s wind-down of ...
View on Global Market By Heena Naik, Angel One Ltd
View on Global Market By Heena Naik, Angel One Ltd
Source: Angel One Ltd
18/11/2021 11:43:30 AM
View on Global Market By Heena Naik, Angel One Ltd Below are Views On Global Market by Heena Naik, Research Analyst - Currency, Angel One Ltd - According to Chinese State Media, a virtual meeting between Chinese President Xi Jinping and U.S. President Joe Biden has started. The US President Job Biden has explained that the responsibilities as leaders of China and the US are to ensure ties do not veer into open conflict. - Euro currency was huddled at a 16-month low today while the dollar was firm as traders awai...
View on Global Market By Heena Naik, Angel One Ltd
View on Global Market By Heena Naik, Angel One Ltd
Source: Angel One Ltd
16/11/2021 12:01:25 PM
View on Currency Update By Heena Naik, Angel One Ltd Below are Views On Currency Update by Heena Naik, Research Analyst - Currency, Angel One Ltd Currency Update Both EURUSD and EURINR plunged by 1% and 0.67% respectively touching the lower levels of 1.1463 and 85.27. Reason for the same could be attributed to the sharp surge in the US Dollar Index that reached a year-to-date high while the 10-year Treasury yields rose around 12 basis points after consumer prices in the U.S. quickened at the fastest clip in three decad...
View on Currency Update By Heena Naik, Angel One Ltd
View on Currency Update By Heena Naik, Angel One Ltd
Source: Angel One Ltd
11/11/2021 11:36:38 AM
View on Global Market By Heena Naik, Angel One Ltd Below are Views On Global Market by Heena Naik, Research Analyst - Currency, Angel One Ltd Global Update - India may see foreign fund inflows of more than $1 billion into equities after the semi-annual index review by MSCI. The MSCI index review will be announced on 12th Nov and it takes effect on December 1. - US Fed funds futures have pushed back rates lift-off from around July next year to September or October. - US Fed Vice Chair Richard Clarida said c...
View on Global Market By Heena Naik, Angel One Ltd
View on Global Market By Heena Naik, Angel One Ltd
Source: Angel One Ltd
9/11/2021 11:42:36 AM
View on Currency Update By Heena Naik, Angel One Ltd Below are Views On Currency Update by Heena Naik, Research Analyst - Currency, Angel One Ltd Currency Update - Sterling Pound The Sterling Pound plunged by around 2.50 percent; touching the lower levels of 1.3422 in the last week. This negative trend impacted GBPINR as well which saw a fall of around 1.50 percent touching the lower levels of 99.73 in the holiday shortened week last week. Reason for the same could be attributed to the release of the BoE Monetary Polic...
View on Currency Update By Heena Naik, Angel One Ltd
View on Currency Update By Heena Naik, Angel One Ltd
Source: Angel One Ltd
8/11/2021 11:31:12 AM
FOMC monetary policy expectations By Heena Naik, Angel One Ltd Below are Views On FOMC monetary policy expectations by Heena Naik, Research Analyst - Currency, Angel One Ltd FOMC Monetary Policy Expectations The FOMC Monetary Policy is set to be released on 3rd Nov 11:30 pm where the central bank is widely expected to announce that it will begin to unwind its $120 billion in monthly bond purchases and end the program entirely by the middle of next year. The quantum of monthly bond purchases is expected to be at a rate of $1...
FOMC monetary policy expectations By Heena Naik, Angel One Ltd
FOMC monetary policy expectations By Heena Naik, Angel One Ltd
Source: Angel One Ltd
2/11/2021 2:01:54 PM
View on Currency Update By Heena Naik, Angel One Ltd Below are Views On Currency Update by Heena Naik, Research Analyst - Currency, Angel One Ltd Currency Update GBPINR (CMP 102.79) has plunged by almost 0.35 percent in today’s session and has touched the lower levels of 102.75. There is a possibility that GBPINR may continue with its downtrend for some time. Reason behind this fall could be attributed to the bearish trend seen in USDINR (CMP 74.82) owing to suspected IPO related inflows into the system. In ad...
View on Currency Update By Heena Naik, Angel One Ltd
View on Currency Update By Heena Naik, Angel One Ltd
Source: Angel One Ltd
28/10/2021 2:07:00 PM
View on Global Market By Heena Naik, Angel One Ltd Below are Views On Global Market by Heena Naik, Research Analyst - Currency, Angel One Ltd Global Update The Bank of Canada ended its $2 billion per week quantitative easing (QE) program while holding its key interest rate steady at 0.25%. * The US 10-year Treasury yields recover the heaviest daily fall since mid-August, recently picking up bids to 1.55%, up 2.2 basis points (bps), as market players expect further tightening of the monetary policies by the ke...
View on Global Market By Heena Naik, Angel One Ltd
View on Global Market By Heena Naik, Angel One Ltd
Source: Angel One Ltd
28/10/2021 10:55:28 AM
View on Global Market By Heena Naik, Angel One Ltd Below are Views On Global Market by Heena Naik, Research Analyst - Currency, Angel One Ltd Global Update * Indian finance minister Nirmala Sitharaman has asked infrastructure related ministries to pool in all efforts to ensure higher capital spending in coming months to boost growth prospects for the economy.  * The upcoming ECB policy meeting on Thursday is not expected to make big news but comments from the bank could shift views on how much infla...
View on Global Market By Heena Naik, Angel One Ltd
View on Global Market By Heena Naik, Angel One Ltd
Source: Angel One Ltd
26/10/2021 11:56:37 AM
View on Global Market By Heena Naik, Angel One Ltd Below are Views On Global Market by Heena Naik, Research Analyst - Currency, Angel One Ltd Global Update - India’s PM Narendra Modi to address the nation today at 10am. - U.S. home sales surged to an eight-month high in September, but higher prices as supply remains tight are squeezing first-time buyers out of the housing market. - US Fed Governor Christopher Waller said that the U.S. central bank should let its $8 trillion balance sheet shrink over ...
View on Global Market By Heena Naik, Angel One Ltd
View on Global Market By Heena Naik, Angel One Ltd
Source: Angel One Ltd
22/10/2021 11:20:46 AM
Crude oil in New York climbed in a volatile session By Heena Naik, Angel One Ltd Below are Views On Crude oil in New York climbed in a volatile session By Heena Naik, Research Analyst - Currency, Angel One Ltd * Japan's export growth weakened to its slowest in seven months in September while a surge in imports added to worries that pandemic-led global supply chain snags could derail a fragile economic recovery.  * Oil futures traded higher as an energy supply crunch continued across the globe while falling temperatures in China revived concerns over whether...
Crude oil in New York climbed in a volatile session By Heena Naik, Angel One Ltd
Crude oil in New York climbed in a volatile session By Heena Naik, Angel One Ltd
Source: Angel One Ltd
20/10/2021 1:47:45 PM
View on Global Market By Heena Naik, Angel One Ltd Below are Views On Global Market by Heena Naik, Research Analyst - Currency, Angel One Ltd Global Update - IMF has reiterated its GDP outlook for India at 9.5% in FY2021-22 and 8.5% in FY2022-23, on the back of steady recovery post the second wave of the Covid-19 pandemic.  - India’s CPI inflation for September’21 came in at 4.35%, compared with 5.30% in August’ making it the lowest retail inflation print since April’21. - US T...
View on Global Market By Heena Naik, Angel One Ltd
View on Global Market By Heena Naik, Angel One Ltd
Source: Angel One Ltd
13/10/2021 1:59:37 PM
USDINR likely to cross 76-mark; Sensex Nifty to continue its bull run by Heena Naik, Angel One Ltd Below are Views On USDINR likely to cross 76-mark; Sensex Nifty to continue its bull run by Heena Naik, Research Analyst - Currency, Angel One Ltd September was definitely a month to remember! Global markets had to face a lot of uncertainties that stressed out markets across the globe. Uncertainties like the Chinese liquidity crisis, global energy crunch, healthcare disruptions caused by Delta variant and prospects of monetary stimulus withdrawal by a number of cen...
USDINR likely to cross 76-mark; Sensex Nifty to continue its bull run by Heena Naik, Angel One Ltd
USDINR likely to cross 76-mark; Sensex Nifty to continue its bull run by Heena Naik, Angel One Ltd
Source: Angel One Ltd
12/10/2021 11:49:55 AM
View on Global Market By Heena Naik, Angel One Ltd Below are Views On Global Market by Heena Naik, Research Analyst - Currency, Angel One Ltd Global Update - US banks will be closed in observance of Columbus Day. - India’s forex reserves plunged by $1.169 billion to stand at $637.477 billion in the week ended 1st Oct’21. The dip in the forex was on account of a fall in the foreign currency assets (FCAs), a major component of the overall reserves.  - Foreign institutional investors sold sha...
View on Global Market By Heena Naik, Angel One Ltd
View on Global Market By Heena Naik, Angel One Ltd
Source: Angel One Ltd
11/10/2021 2:51:57 PM
Quote on RBI Monetary Policy outcome by Heena Naik, Angel One Ltd Below is quote on RBI Monetary Policy outcome by Heena Naik, Research Analyst - Currency, Angel One Ltd *Key Policy Rates* - The MPC has decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 4.0 percent. - Reverse repo rate and marginal standing facility also remains unchanged at 3.35 percent and 4.25 percent respectively. - The MPC also decided to continue with the accommodative stance as long as necessary to...
Quote on RBI Monetary Policy outcome by Heena Naik, Angel One Ltd
Quote on RBI Monetary Policy outcome by Heena Naik, Angel One Ltd
Source: Angel One Ltd
8/10/2021 2:28:56 PM
Quote on RBI policy expectations By Heena Naik, Angel One Ltd Below is quote on RBI policy expectations by Heena Naik, Research Analyst - Currency, Angel One Ltd *What to expect in the upcoming RBI Monetary Policy?* In the upcoming RBI Monetary Policy Meeting which is said to be released on 8th Oct’21 at 10:00 am, there are high chances that the MPC could keep a status quo on key policy interest rates and accommodative stance. This time the committee has a lot on its platter to deal with and make necessary amend...
Quote on RBI policy expectations By Heena Naik, Angel One Ltd
Quote on RBI policy expectations By Heena Naik, Angel One Ltd
Source: Angel One Ltd
7/10/2021 4:21:40 PM