by OverviewFX | Oct 15, 2024 | Politics
The October RBI policy might have surprised the market with its dovish tone and stance change to neutral, but the change in RBI policy was already visible in its liquidity management. Indeed, since July 2024, interbank liquidity surplus has averaged ~INR1.2tn (0.5% of...
by OverviewFX | Oct 15, 2024 | Politics
Shares of Trump Media closed up more than 18% on Monday, extending the Truth Social owner’s dramatic recovery from recent stock price lows and adding hundreds of millions of dollars to Donald Trump’s on-paper net worth.The recent DJT surge came as multiple...
by OverviewFX | Oct 15, 2024 | Politics
Citing recent data showing an uptick in inflation and a U.S. economy and labor market that are stronger than previously thought, Federal Reserve Governor Christopher Waller on Monday called for “more caution” on interest-rate cuts ahead.”Whatever...
by OverviewFX | Oct 15, 2024 | Politics
Canada and India each expelled six diplomats Monday in tit-for-tat moves as part of an escalating dispute over the June 2023 assassination of a Sikh activist in Canada.Foreign Minister Mélanie Joly said that Canada was expelling six Indian diplomats, including the...
by OverviewFX | Oct 15, 2024 | Politics
Finance minister Nirmala Sitharaman on Monday said the government is simultaneously “pushing all levers” to sustain the current high growth rate, and the country’s economic prospects for this fiscal have been recognised by multilateral bodies like the International...
by OverviewFX | Oct 15, 2024 | Politics
By Swati BhatMUMBAI, – A sharp jump in India’s retail inflation for September has prompted several economists to push back domestic rate cut bets to the first-half of 2025 from early December, with some citing growth as a bigger factor that could determine...
