by Jibran Munaf | July 10, 2024 | Finance, News
Central Bank Indicates Next US Interest Rate Move Likely to Be a Cut US Federal Reserve Chair Jay Powell stated that the central bank had made “considerable progress” in its mission to curb inflation but emphasized the need for “more good data” before reducing...
by Jibran Munaf | July 8, 2024 | Finance, Market Commentary, News
World equity markets touched fresh record highs with optimism about a U.S. rate cut underpinning sentiment ahead of key jobs numbers later on Friday, while the euro hit a three-week high ahead of French elections this weekend. Sterling and UK stocks were higher as...
by Jibran Munaf | July 3, 2024 | Editorials, Financial Education & Literacy, News
In India, filing an Income Tax Return (ITR) is a critical financial task that records your annual income, investments, deductions, and taxes paid. It reflects your financial contribution to public services and infrastructure. Here’s a comprehensive guide to ITR...
by Jibran Munaf | June 27, 2024 | Corporate Finance, Industry, News
Amazon.com Inc. surpassed $2 trillion in market value for the first time during afternoon trading on Wednesday. The rise in Amazon’s stock market valuation comes shortly after Nvidia hit $3 trillion, briefly becoming the most valuable company on Wall Street....
by Jibran Munaf | June 25, 2024 | Investment Banking, News, Wealth Management
Hedge funds are increasingly optimistic about the UK, boosting bets for a stronger pound to the highest in nine months on hopes that the upcoming election will cement the country’s shift to more stable, centrist policies. Hedge funds and leveraged investors are...
by Jibran Munaf | June 21, 2024 | Currencies, Finance
The rupee recovers slightly after hitting a lifetime low, influenced by a weaker Chinese yuan and dollar outflows On Friday, the Indian rupee inched higher, recovering from a decline to its record low in the previous session. The drop was spurred by weakness in the...
