There’s no way to sugarcoat it. Retail traders online are in full-blown panic mode over the trade war. Everyday investors took to social media on Thursday to commiserate over the impact of the president’s latest tariffs, which tanked stocks on Thursday. By 11:00 a.m. ET, the rout had deepened, with the S&P 500 down more…
READ MOREAfter a brief return of optimism in March, foreign institutional investors (FIIs) reversed course and turned net sellers in early April, rattled by a sudden escalation in global trade tensions. The trigger came on April 2, when U.S. President Donald Trump announced steep reciprocal tariffs, prompting a sharp correction in global equity markets and reigniting…
READ MOREThe US administration unveiled a minimum tariff rate of 10% on countries across the globe, big and small. From the imposed reciprocal tariff rates, Asia and Europe on the higher end of the tariff scale. In Asia, the highest rate of reciprocal tariff is on Cambodia and Vietnam. India faces reciprocal tariffs of 27% while…
READ MOREFPIs remained net sellers of Indian equities in March for the third consecutive month but there was a sharp deceleration in the outflow due to strong buying in the second fortnight of the month. They invested net Rs 26,042 crore ($3,037 million) in the second half of March, a sharp contrast to the outflow of…
READ MOREJapan’s Nikkei share average declined for a third straight session on Monday as uncertainty ahead of a looming deadline for implementing additional U.S. tariffs sapped investor appetite for riskier assets. The Nikkei closed down 0.2% at 37,608.49, while the broader Topix shed 0.5% to sit at 2,790.88 after hitting an eight-month peak on Friday. The…
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