European shares opened more than 1% higher on Thursday, buoyed by strong performances among technology stocks, while investors awaited the European Central Bank’s rate decision due later in the day. The pan-European STOXX 600 index was up 1.2% at 514.17 points, as of 0708 GMT, and set for the best day in nearly one month,…
READ MOREForeign investors infused nearly βΉ11,000 crore in domestic equities in the first week of the month owing to resilience of the Indian market and expectations of rate cut in the US. Foreign Portfolio Investors (FPIs) have been consistently buying equities since June. Before that, they had pulled out funds to the tune of βΉ34,252 crore…
READ MORESynopsis While a number of investors heard the term β Yen carry tradeβ for the first time in early August, the fact is that literally every sharp hit to the equity market or a real economic crisis which different markets have witnessed since 1990, Yen carry trade had played a role. Right from the Asian…
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