Shanghai aluminium prices hit a 912year high on Tuesday, as supply concerns rose after an aluminium hub in top consumer China ordered power cuts and output curbs. The Chinese city of Baotou in Inner Mongolia, a major aluminium producing region, ordered some shutdowns in a bid to meet its energy consumption targets for the first […]

Japanese government bond JGB yields fell on Tuesday, tracking a slide in U.S. in Treasuries as investors await the outcome of this weeks Federal Reserve meeting. The yields decline also comes amid the Ministry of Finances liquidityenhancing auction that was in line with investors expectations, a market participant said. A bidtocover ratio for the sale […]

BENGALURU, March 16 Reuters Indian shares rose on Tuesday, supported by gains in IT stocks, while global equities advanced ahead of a slew of central bank meetings, starting with the U.S. Federal Reserve. The NSE Nifty 50 index rose 0.51 to 15,005.85 by 0457 GMT, while the SP BSE Sensex climbed 0.61 to 50,703.15. Both […]

SYDNEY, March 16 Reuters The Australian and New Zealand dollars were little changed against the greenback on Tuesday as the market waited to see whether the U.S. Federal Reserve March 17 monetary policy decision addresses the recent spike in bond yields. The Aussie dollar was trading only three basis points lower at 0.7752, in between […]

A new ‘inflationary regime’ – what is this like, how can we tell, and what does the future hold?

Reuters Sprinklr, which counts Microsoft Corp and telecom operator Verizon Communication Inc as customers, has confidentially filed with the U.S. Securities and Exchange Commission for an initial public offering, the software company said on Monday. The New Yorkbased firm provides software that helps its clients with marketing, advertising and customer engagement. Sprinklr was founded in […]

Reuters A blankcheck firm backed by founders of New Yorkbased venture capital firm FirstMark Capital has filed for an initial public offering of up to 400 million. FirstMark Acquisition Corp III is offering 40 million units, consisting of stocks and warrants, at 10 each and will be listed on the New York Stock Exchange, it […]

LONDON, March 15 Reuters Sterling held above 1.39 on Monday after falling more than 1 cent versus the dollar on Friday as hopes for an economic recovery in Britain outweighed the impact of higher U.S. Treasury yields. The pound was down 0.25 at 1.3935 at 0954 GMT, after falling almost 1 during Fridays session to […]

March 15 Reuters Emerging market stocks started what promises to be an actionpacked week on the back foot on Monday, while currencies were helped by narrowing gains in the dollar, with rising oil prices lifting the Russian rouble and Mexicos peso. After posting their best week in a month on Friday, MSCIs index of EM […]

  Global stock markets took a small step up at the opening of markets on Monday. However, overall we can speak of a very mixed sentiment. The complex market picture we have seen in previous weeks is still in place after the start of the US economic aid package. Longerterm US government bond yields continued […]