News & Analytic Centre

Oil Prices Jump as U.S. House Passes Huge Stimulus Bill

Oil prices rebounded more than 1 on Monday after the U.S. House of Representatives passed a huge stimulus package, although a slowdown in Chinas February factory activity growth capped gains. Brent crude futures for May rose 1.24, or 1.9, to 65.66 per barrel by 0718 GMT. The April contract expired on Friday. U.S. West Texas […]
Read More

Australia, NZ dlrs Recover from Bond Market Tumult

SYDNEY, March 1 Reuters The Australian and New Zealand dollars recovered against the greenback on Monday after riskier currencies plunged late last week amid a global bond market selloff. The Aussie dollar was 0.69 higher at 0.7759, but still well bellow a threeyear high of 0.8007 hit on Feb. 25. The Kiwi dollar was 0.66 […]
Read More

JGBs Rebound as Global Bond Selloff Eases

TOKYO, March 1 Reuters Japanese government bond prices rebounded on Monday, bringing down the benchmark 10year yield off a fiveyear high, as a global bond selloff stemming from fears of tighter monetary policies eased. The 10year JGB yield fell 1 basis point to 0.150, slipping off Fridays high of 0.175, its highest since the Bank […]
Read More

Japans Topix Gains most in 7 Months on Nasdaq Rebound

TOKYO, March 1 Reuters Japans Topix Index on Monday jumped the most in seven months, as a pause in selloffs in U.S. treasuries boosted the techheavy Nasdaq index and lifted domestic shares of chipmakers. The Topix Index jumped 2.04 to 1,894.94, the largest gain since Aug. 11, 2020, while the the Nikkei share average advanced […]
Read More

Indias Zerodha Faces Investor Fury after Recent Glitch

MUMBAI, Feb 25 Reuters Indias largest brokerage Zerodha is facing a backlash from traders who saw their equity positions abruptly closed during an exchange glitch, amidst criticism that a lack of communication from the countrys top bourse caused losses. The National Stock Exchange NSE suddenly shut down for nearly four hours on Wednesday, blindsiding traders. […]
Read More