Asian shares decline, tech weighs on US futures
Asian equities fell Thursday after US stocks and government bonds dropped as robust economic data blurred the picture for imminent Federal Reserve rate cuts. Shares in Australia and Japan opened lower, and a gauge of US-listed Chinese companies slipped in New York trading on Wednesday. US futures declined, weighed down by post-market losses for Microsoft…
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The rising impact of retail investors on debt capital markets
Traditionally, the debt market has been the domain of banks, mutual funds, pension funds, and insurance companies, which are the primary institutional heavyweights. However, times are changing. The Rs 2.64 trillion debt market (Source: SEBI and ICCL) is seen as a significant opportunity for retail investors and is on the cusp of a major transformation….
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Higher overseas investments in G-secs may lead to an SLR cut: S&P Global
Elevated foreign inflows into government bonds following India’s inclusion in global bond indices may, over the long term, reduce banks’ role in financing the Centre’s debt and set the stage for a reduction in the statutory liquidity ratio (SLR), S&P Global’s economists said. “India’s inclusion in global indexes has increased foreign participation in local debt….
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Asian stocks slip, while Australian index tracks Wall St rally to hit record
Asian stocks were mostly lower Wednesday even as investors wagered that the Federal Reserve will come ahead with a cut to interest rates, while Australia’s benchmark hit a new record. U.S. futures were mixed and oil prices were little changed. In Tokyo, the Nikkei 225 index gave up early gains to shed 0.4% to 41,095.23….
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