INR News and Press, Market Vectors Indian Rupee/USD ETN From 04/02/21

The US is in an enviable position, an accelerating economy, a vaccine rollout that is gaining momentum, averaging more than 2 mln jabs a day, at the end of Q1, and interest rates that remain low by any standard except when during the heart of last year's shutdown. The euro fell for th...

The dollar is stronger against most currencies today. China's trade punishment of Australia is set to continue. The US employment report that will be released on Good Friday is the highlight of the economic reports. For further details see: Markets Look For Direction Aft...

India's economy has been the worst-affected by Covid-19 but has also been the fastest to recover from the slump. However, the second wave of the pandemic paves the way for a bumpy ride again this year. Indian financial markets have not escaped the global risk-off sentiment recently. ...

Asia Pacific equities mostly advanced after the US benchmarks recovered following the dovish FOMC. Australia, New Zealand, and India did not participate in today's gains. European bourses edged higher, but US shares are struggling, and the NASDAQ futures are off nearly 1%, threate...

Global manufacturing PMI buoyed by further strong gains in production. Robust growth seen in the US, Eurozone, India and Brazil despite supply chain delays close to record high. Expansion limited by further slowdown in China, in turn linked to shipping and logistics problems. ...

Many investors took comments from Federal Reserve officials, especially the leadership, as evidence of complacency over inflation. As monetary support for the recovery/expansion was removed, the economy would weaken. A dramatic swing in Fed expectations helped spark a recovery, an...

The manufacturing sector in many Asia-Pacific (APAC) economies has shown a significant rebound since September 2020, as lockdown measures have been significantly eased in many nations as domestic pandemics have been stabilized. The IHS Markit Global Electronics Purchasing Managers' In...

Sometimes the dollar is the key mover, and other times, it is sort of serves as a fulcrum among the major currencies. The powerful reflation theme spurred by optimism over the vaccine, US fiscal stimulus, and broadening of Asia Pacific's recovery is being expressed in the foreign exch...

Emerging market bonds rallied spectacularly in the last two months of 2020. Despite talks of tapering, the Federal Reserve remains committed to its new policy regime shift of average inflation targeting, and liquidity remains ample. The medium-term story for India is even more imp...

The pullback in the dollar that began with the January job report looks to have been completed last week. We expect the stimulus bill to allow the dollar to continue to recover. However, that will be followed by the impact of the fiscal stimulus in Europe and concerns that can be ...