Economy in Charts: Asian Markets Slide as China’s Economic Support Falls Short; Indian Rupee Hits Record Low, Tesla Shorts Lose $5.2B, S&P 500 Hits Best Election Year in 88 Years

Welcome to the 2nd Edition of “Economy in Charts”! This week, we’re diving into key economic trends and updates for the week ended November 11-17. […]

IMF 2024 Growth Projections Revealed: U.S. at 2.8%, Brazil 3.0%, Germany 0%, China 4.8%, India 7.0% – What It Means

The International Monetary Fund (IMF) has updated its economic growth forecasts for 2024, raising expectations for the U.S., Brazil, and Britain, while lowering them for […]

Foreign Investors Boost IT, Pharma, and Consumer Stocks in August Amid Fed Rate Cut Hopes

In August, foreign investors increased their stakes in India’s information technology (IT) and pharmaceutical sectors, expecting a potential rate cut by the U.S. Federal Reserve, […]

India’s Weight in MSCI EM IMI Index Surpasses China: Morgan Stanley Report

Morgan Stanley has revealed in a recent report that India has overtaken China in the MSCI Emerging Markets (EM) IMI Index. This week, India achieved […]

Hedge Funds Increase Bets Against Financial Stocks Amidst Global Economic Uncertainty

Hedge funds ramp up their bets against bank and financial stocks during the week leading up to Friday, according to a note from Goldman Sachs. […]

China May Sell Up to $1 Trillion of U.S. Dollar-Denominated Assets, Potentially Strengthening the Yuan by Up to 10%

China is reportedly considering selling up to $1 trillion worth of U.S. dollar-denominated assets, which could have a significant impact on global markets. This move […]

RBI Maintains Status Quo: No Change in Key Rates Amid Global Economic Challenges

Reserve Bank of India’s monetary policy committee, led by Governor Shaktikanta Das, has decided to keep key interest rates unchanged at 6.50%. This announcement aligns […]