INR News and Press, Market Vectors Indian Rupee/USD ETN From 11/30/19

Trade hopes were boosted by comments from the US and China earlier in the week, only to be stamped out after the signing of an American law that supports Hong Kong autonomy was criticized by China vowing retaliation. The prolonged trade war has been a drag on global growth, and with the Decemb...

(Source - Pexels/Burst ) A little over a week ago I discussed the ongoing instability among emerging market currencies in " A Closer Look At Emerging Market Currency Instability ". To summarize, I believe that the bulk of global money creation via QE in the developed world had a little infl...

India's central bank cuts its key interest rate to 5.15% from 5.40% and said it will maintain its accommodative stance "as long as necessary to revive growth, while ensuring inflation remains within the target range." More news on: iShares MSCI India Index ETF, WisdomTree India Earnings ...

Overview: As the quarter ends, the capital markets are mixed. Equities in Asia Pacific were heavier, except in Hong Kong and Australia, while shares were mixed, leaving the Dow Jones Stoxx 600 little changed through the European morning. US shares are trading firmer. Benchmark 10-year bond y...

The limited trade agreement between the US and Japan boosted trade optimism that a similar deal could be struck between the US and China. Both sides continue to send mixed messages, but so far, the balance has been on the more positive side with a tentative meeting date set for October 10 to t...

Overview: Equities remain under pressures. The MSCI Asia Pacific Index lower today, though Chinese and Australian shares were firmer. It is the second consecutive week the benchmark has fallen. European equities are firmer, but not enough to offset the losses earlier this week and are set to...

iShares MSCI India Index ETF (BATS: INDA )  jumps 5.4%  in premarket trading after India cuts its effective corporate tax to 25.17%, bringing its rate in line with Asian peers in an effort to attract investment. More news on: iShares MSCI India Index ETF, WisdomTree India Earni...

By Jeffrey Halley Oil futures leapt this morning by over 15% in a knee-jerk reaction to the attack on the Saudi Arabia Abqaiq oil facility over the weekend that notionally, took 5% of the world's supply offline. Brent futures spiked by 20% and WTI futures by 15% despite U.S. President Trum...

The White House is unlikely to comment on it, even if it is aware that the Chinese yuan was the third strongest currency in the world last week. The British pound was the strongest, rising a little less than 1% against the dollar and snapping a 14-week plummet against the euro. None of the o...

The dollar was mostly weaker against the major currencies last week. The Swiss franc and Japanese yen were joined by the seemingly unlikely candidate, the Swedish krona, to have gained about 1% against the US dollar last week to the lead the majors. The yen and franc's gains extended moves a...