Shares of the electric car maker Tesla are going to see sharp falls as interest rates increase after the coronavirus crisis, Lansdowne Partners fund manager Per Lekander told CNBC. Lekander told CNBCs Squawk Box Europe Tuesday that he thinks Tesla is in a bubble and that hes short on Elon Musks firm, meaning he will […]

Rates as of 0500 GMT Market Recap A relatively calm day ahead of todays Federal Open Market Committee FOMC meeting. Stocks in the US were little changed and the VIX index of future volatility hit its lowest level in over a year. The focus seems to be on the problems with the vaccine rollout in […]

March 17 Reuters European stocks were flat on Wednesday as most investors stayed on the sidelines ahead of the U.S. Federal Reserves policy decision, while German carmaker BMW jumped after forecasting significant profit growth in 2021. The panEuropean STOXX 600 index edged 0.02 lower in early trading, tracking a cautious mood in Asian markets. The […]

Caution descended on markets on Wednesday with world stocks holding below recent record highs as investors waited to see whether the U.S. Federal Reserve would signal a faster path toward policy normalisation than previously expected. The U.S. central bank ends a closely anticipated twoday meeting later in the day, after a sharp rise in U.S. […]

India’s industrial output contracted year on year in January, against expectations for mild growth, reversing an expansion in the month prior.

China’s value factor could take the baton in the broadening global equity rotation, with rising yields adding to the downward slide in technology and growth stocks.

March 16 Reuters The SP 500 ended lower on Tuesday as investors awaited the result of the Federal Reserves twoday policy meeting. The U.S. stock market lacked direction for much of the day after the SP 500 and Dow Jones Industrial Average closed at record highs in the prior session as optimism about a 1.9 […]