Category: Your Money

Gold Fixing Price 3:00 P.M. (London time) in London Bullion Market, based in British Pounds

Term Repurchase Agreements: Total Securities Purchased by the Federal Reserve in the Temporary Open Market Operations

10-Year Treasury Constant Maturity Rate

Treasury Inflation-Indexed Long-Term Average Yield

Your world at 9am

Equities

Out of 43 world ETFs listed in NYSE that we track, 41 are trading above their 10-day SMA and 40 are trading above their 50-day SMA.

Must Reads

India moves closer to regulating internet services as it fears ‘unimaginable disruption to democracy’
India said on Monday that it is moving ahead with its plan to revise existing rules to regulate intermediaries — social media apps and others that rely on users to create their content — as they are causing “unimaginable disruption” to democracy.

Infosys management accused of taking unethical steps to boost financials
1 min read .

Opinion | Lessons we could learn from Kremer’s O-Ring theory
Even as India debates the achievement of a $5 trillion economy, the work of the third Nobel prize winner for economics this year, Michael Kremer, especially his O-Ring Theory of Economic Development, becomes significant.

If you’re so smart, why aren’t you rich? Turns out it’s just chance.
The distribution of wealth follows a well-known pattern sometimes called an 80:20 rule: 80 percent of the wealth is owned by 20 percent of the people. Indeed, a report last year concluded that just eight men had a total wealth equivalent to that of the world’s poorest 3.8 billion people.

Why small, mid-cap stocks don’t rally like Sensex, Nifty
Even though there may be nothing fundamentally wrong with a number of small and mid-cap stocks, they continue to be victims of a SEBI norm with regard to restructuring of equity schemes of mutual fund that has killed buying interest in them.

With shrinking trade deficit, India’s slowdown battle has got prolonged
India’s latest trade data reading is yet another reminder of anaemic economic growth. Recently, the International Monetary Fund’s chief, Kristalina Georgieva, said the impact of global slowdown was more pronounced in India. Indeed, the country’s subdued export growth mirrors that pain.

Down with looters
Prime Minister Narendra Modi speaks during an election campaign rally in Kharghar, in Maharashtra. (AP Photo) There are only two kinds of really rich Indians. Wealth creators and looters.

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Gold Fixing Price 3:00 P.M. (London time) in London Bullion Market, based in British Pounds

10-Year Treasury Constant Maturity Rate

U.S. / U.K. Foreign Exchange Rate

10-Year 0.375% Treasury Inflation-Indexed Note, Due 07/15/2025

Your world at 9am

Equities

Out of 43 world ETFs listed in NYSE that we track, 42 are trading above their 10-day SMA and 38 are trading above their 50-day SMA.

Must Reads

Here’s how the Singh brothers stripped Religare bare of ₹3,000 crore
NEW DELHI : Asset stripping is something that Indian promoters have perfected into an art form. For years, the Singh Bros – Malvinder Mohan Singh (MMS) and Shivinder Mohan Singh (SMS) have got away with the proverbial blue murder and finally their luck ran out with their recent arrest.

This economist has a plan to fix capitalism. It’s time we all listened
The idea that made Mariana Mazzucato one of the most influential economists in the world came to her in early 2011.

I’m an American doctor. Here’s the truth about Juul, vaping and legalizing marijuana
As a physician, I believe the medical community has a solemn responsibility to adhere to facts and evidence over hype and sensationalism. This is especially true when it comes to public health, for it is an integral part of our Hippocratic oath to “first, do no harm.

Check out our Global Macro Dashboard for currency, commodity, bonds and credit charts.

Good luck!