INR News and Press, Market Vectors Indian Rupee/USD ETN From 11/08/21

In Friday’s US payrolls data, the numbers were great, but it's a bit disappointing that the participation rate didn't pick up. A large chunk of the participation drop during Covid was permanent and isn't coming back. And so, we can't keep blaming participation as a reason for p...

The major central banks have successfully pushed back against the aggressive tightening the market had discounted. Economists may have been split on the outlook for the BOE, and despite some officials noting it was a close decision, only two MPC members (Ramsden and Saunders) voted to...

The sixth decline of the S&P 500 in the past seven sessions set a negative tone for equity trading in the Asia Pacific region, and the poor Chinese data did not help matters. UK August consumer inflation rose more than expected, and this is pushing the market in the direction it w...

The markets are mostly in a holding pattern so far today, ahead of tomorrow's US jobs data and the PMI services and final composite readings. Australia's 2-year continues to flirt with zero, but the Australian dollar, helped by a record trade surplus, is leading the major currencies h...

The upcoming week is all about the Federal Reserve’s symposium in Jackson Hole, Wyoming. Government regulatory risk continues to dominate China equity markets, this time with President Xi pushing an agenda of wealth redistribution from rich to poor. Global macro weakness ha...

Japan's service PMI was revised to 47.4 from the preliminary estimate of 46.4 but remains below the 50 boom/bust level and is weaker than the 48.0 reading in June. The final eurozone service PMI was softer than expected, and this served to drag the composite below the flash estimate. ...

The Reserve Bank of Australia surprised investors by sticking to its plan to reduce its bond purchases next month. The eurozone's June PPI rose 1.4%, in line with expectations, which lifted the year-over-year rate to 10.2% from 9.6% in May. The US reports June factory orders and d...

The Asia-Pacific region experienced a recession in 2020 owing to the COVID-19 pandemic, with Asia-Pacific GDP contracting by an estimated 1.1%. During the second half of 2020, many Asia-Pacific economies had shown a significant recovery in economic momentum. However, recovery mome...

Although global manufacturing output growth ran at one of the fastest rates seen for over a decade in June, capacity constraints continued to develop, reflecting a lack of labour and a record worsening of supplier delivery times. The shortfall of payroll numbers to new orders was espe...

Despite the tragic impact of COVID-19 on India in recent months, the country remains a potential target of global investors with long-term horizons. India also offers diversification through deep bond markets. In April 2021, we launched the FTSE Indian Government Bond Index to tra...