Dow Futures Tick Higher After Indices Post Their Worst Week Since June

US. stock futures were trading slightly higher during Sunday’s evening deals, after major benchmark indices posted their greatest weekly losses in 3 months, with investors remaining cautious amid persistent inflation fears ahead of Federal Reserve’s two-day meeting and rate decision later this week. By 19:10 ET (23:10 GMT) Dow Jones Futures and S&P 500 Futures were up 0.2% apiece, while Nasdaq 100 Futures were flat at 11,862.7. financial news Ahead in the week, market participants…

"Dow Futures Tick Higher After Indices Post Their Worst Week Since June"

Will Mining Die With Ethereum 2.0?

The crypto community is celebrating the coming of Ethereum 2.0, however, there are also concerns for miners. Since Ethereum has switched to a proof-of-stake model, mining Ether will no longer be necessary. Due to this, mining machinery will become obsolete, leaving miners with fewer options. KEY TAKEAWAYS Ethereum merge is the transition from proof-of-work consensus mechanisms to a proof-of-stake model. Transitioning to proof-of-work would affect the Ethereum mining industry, which is worth $19 billion. There…

"Will Mining Die With Ethereum 2.0?"

Oil Prices And Financial Markets Brace For Recession

The apparent contradiction between the real economy and financial markets has puzzled some commentators but is normal around a peak in the business cycle. U.S. economic data remains strong but a range of financial indicators point to a sharp slowdown over the next year that would dampen oil consumption and lead to lower prices. financial The apparent contradiction between the real economy and financial markets has puzzled some commentators but is normal around a peak…

"Oil Prices And Financial Markets Brace For Recession"

Japan Set To Waive Some Visa Requirements In October To Boost Tourism

Following the change, Japan will not require visas for short-term travelers from the United States and certain other countries, and will scrap the daily entry cap of 50,000 people, the media outlet said. to waive visa requirements for certain tourists and remove a limit on daily arrivals in October as it aims to benefit from a rebound in global tourism, Nikkei reported on Thursday. stock market Following the change, Japan will not require visas for short-term travelers…

"Japan Set To Waive Some Visa Requirements In October To Boost Tourism"

Foreign land4discouse snap up Indian bonds set for inclusion in global indexes This company pays its employees to leave. Those on notice period get 10% hike

MUMBAI (Reuters) -Foreign investors have stepped up purchases in a clutch of Indian government bonds that have no limits on foreign investments ahead of an anticipated inclusion of Indian debt in global bond indexes, analysts said. The central bank removed foreign investment caps for a number of securities under the ‘fully accessible route’ (FAR) in April 2020 to help meet a key requirement of index providers. “As far as the inclusion goes, the bonds under FAR will…

"Foreign land4discouse snap up Indian bonds set for inclusion in global indexes This company pays its employees to leave. Those on notice period get 10% hike"

Asian Stocks Cautiously Optimistic Ahead of U.S. CPI Data

Most Asian stock markets rose slightly on Tuesday, with investors turning cautiously optimistic over upcoming data that is expected to show a sustained decline in U.S. inflation. Taiwan’s weighted index added 0.7%, the most among its regional peers, while China’s Shanghai Shenzhen CSI 300 and Hong Kong’s Hang Seng rose 0.5% and 0.3%, respectively, in catch-up trade. Gains in major automobile stocks also supported Chinese and Hong Kong markets, after recent data showed local automobile sales surged in…

"Asian Stocks Cautiously Optimistic Ahead of U.S. CPI Data"

California to Tax Biden’s Student Loan Forgiveness

What makes California’s decision somewhat surprising is that even though its existing statutes indicate taxability for student loan forgiveness, state consensus previously ran in the opposite direction. Nevertheless, according to the Tax Foundation, it has confirmed that discharged student loan debt will be taxed under current California law. Additionally, existing state provisions exempting student loans that were canceled as part of income-based repayment programs won’t apply. Fortunately, the White House later issued a press relief…

"California to Tax Biden’s Student Loan Forgiveness"

Asia FX Sees Little Relief as Dollar Rally Pauses; ECB in Focus

Most Asian currencies moved in a flat-to-low range on Thursday as the dollar came off 20-year highs, with focus turning to an upcoming European Central Bank meeting for more cues on global monetary policy tightening. for more cues on global monetary policy tightening. China’s yuan and the Hong Kong dollar traded sideways, while the South Korean won sank 0.6%. Japan’s yen was an outlier, falling 0.4% and hovering around 24-year lows despite the country’s second-quarter…

"Asia FX Sees Little Relief as Dollar Rally Pauses; ECB in Focus"

Rupee likely to depreciate on strong dollar, risk aversion in global markets

Created economies are enduring a shot from the dollar’s appreciation to multi-decade highs in manners that were again recognizable to their developing business sector peers. The Fed’s exchange weighted dollar list versus progressed economies has taken off 10% this year to the most grounded starting around 2002, while the developing business sectors measure is up a more unassuming 3.7% and stays well underneath its top from the 2020 pandemic. Anindya Banerjee, VP, Currency Derivatives and…

"Rupee likely to depreciate on strong dollar, risk aversion in global markets"

DREAMFOLKS SERVICES, DELHIVERY, HINDUSTAN ZINC, V-MART, SEMBCORP INDUSTRIES STOCKS IN FOCUS ON SEPTEMBER 6

Indian equity markets are likely to open higher today as ahead of the trading session, SGX Nifty was in the green, hinting at a positive start for NSE Nifty 50 and BSE Sensex. Here are the stocks in focus today Indian equity markets are likely to open higher today as ahead of the trading session, SGX Nifty was in the green, hinting at a positive start for NSE Nifty 50 and BSE Sensex. “Going forward,…

"DREAMFOLKS SERVICES, DELHIVERY, HINDUSTAN ZINC, V-MART, SEMBCORP INDUSTRIES STOCKS IN FOCUS ON SEPTEMBER 6"