by Jibran Munaf | July 4, 2024 | Alternative Investments, Cryptocurrencies, News
Strategic Expansion Using Bitstamp Licenses Robinhood Markets (HOOD.O) is reportedly planning to introduce cryptocurrency futures trading in the U.S. and Europe in the coming months, according to Bloomberg News. The commission-free trading app aims to utilize the...
by Jibran Munaf | July 3, 2024 | Commodities, News
Most stock market indices in the Gulf Cooperation Council (GCC) region ended June on a positive note, driven by higher energy prices. The Gulf’s equity markets were also supported by gains in blue-chip stocks, according to Kuwait Financial Centre’s (Markaz) monthly...
by Jibran Munaf | July 3, 2024 | News, Stocks & Bonds
An Indian bond fund manager has raised concerns that the rally in the nation’s 30-year bonds has gone too far, driven by traders’ heightened expectations for policy rate cuts and increased foreign fund purchases. The trade has become crowded as investors eager to...
by Jibran Munaf | July 2, 2024 | Alternative Investments, News
Life Insurance Corporation (International), a joint venture owned by LIC of India, has introduced two new investment products, ‘Invest Plus’ and ‘Flexi Wealth Builder,’ at a special ceremony held at the Hotel Grand Hyatt in Dubai. The event was...
by Jibran Munaf | July 1, 2024 | Markets, News
After two consecutive months of net outflows, foreign portfolio investors (FPIs) have reversed course and infused Rs 26,565 crore into Indian equities in June. This surge is attributed to political stability and a sharp market rebound. Vipul Bhowar, Director of Listed...
by Jibran Munaf | June 28, 2024 | Commodities, Energy, News
Brent crude futures for August settlement, which expire on Friday, rose 41 cents. Oil prices rose in Asian trade on Friday and were poised for a third straight weekly jump, buoyed by growing expectations that the U.S. central bank will soon start to cut interest...