INR News and Press, Market Vectors Indian Rupee/USD ETN From 06/03/20

Overview: Two recent trends continue. Equities are moving higher, and the dollar remains heavy. Equity markets in the Asia Pacific region rose at least one percent, and South Korea, Singapore, and Malaysia rallied 2-3%. Europe's Dow Jones Stoxx 600 is up more than 1% for the third consecutiv...

Overview: Liquidity trumps everything else. US equities shrugged off the national guard being called into action in nearly a third of US states, and the S&P 500 closed yesterday at nearly three-month highs. Asia Pacific markets followed suit. Most markets in the region rose by more than ...

Overview: US stocks extended their gains ahead of the weekend after President Trump shied away from specific actions against China-Hong Kong, and today Hong Kong shares recovered smartly from last week's 3.6% slide. The Hang Seng rose 3.3% today, and the Shanghai Composite gained over 2%. Al...

The dollar had a difficult week, falling against all the major currencies but the Japanese yen appeared to break out of its recent trading ranges against the euro, Canadian and Australian dollars. Only a handful of emerging market currencies fell against the dollar. Among these were the Chin...

Overview: The S&P 500 gapped higher yesterday, above the recent ceiling and above the 200-day moving average for the first time since early March. The momentum faltered, and it finished below the opening level and near session lows. The spill-over into today's activity has been minor. Th...

Overview: The heightened tensions between the US and China sapped risk-appetites before the weekend, but appear to be missing in action today. Equity markets have rebounded strongly. Nearly all the equity markets in the Asia Pacific region rose (India was a laggard) led by an almost 3% rally...

By Prakash Sakpal We think the Reserve Bank of India's latest rate cut will reignite pressure on the Indian rupee and drive the USD/INR exchange rate towards 79 over the next three months. A 40 basis point cut to benchmark rates In an unscheduled policy announcement today, the Re...

India unexpectedly cut interest rates overnight to 4%, the lowest since 2000, after activity was brought to a virtual halt amid the coronavirus pandemic. More news on: iShares MSCI India Index ETF, WisdomTree India Earnings ETF, iShares S&P India Nifty Fifty Index ETF, Global news and ...

Overview: New two and a half month highs in the S&P 500 yesterday failed to have much sway in the Asia Pacific region and Europe today as US-China tensions escalate and profit-taking sets in. Perhaps it is a bit of "buy the rumor sell the fact" type of activity on the back of upticks in ...

Overview: Despite somber warnings that the US economic recovery can stretch to the end of next year, investors have begun the new week by taking on new risks. Most equity markets in the Asia Pacific region rose, with Australia leading the large bourses with a 1% gain. India was an outlier, s...