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Crude oil ends the session lower today
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Crude oil down $0.82 or 1.52%
The Crude oil futures contract is settling the day down $0.82% or 1.52% at $53.01. The low reached $52.91. The high extended to $54.13.
That seems to be one takeaway from the surge in stocks and other assets in the global “risk-on” rally that followed Donald Trump’s address to a joint session of Congress Tuesday night. After all, the speech was notably short on details. But the sober tone was hailed as more befitting the office and roundly cited as a factor in a global rally by equities that saw the DJIA, +1.46% top 21,000 for the first time ever as the S&P 500 SPX, +1.37% and other major Wall Street indexes set new records. See: Trump shifts tone but not policies in speech to Congress Some investors and analysts, however, question just how big of a factor policy proposals have been in driving a record-busting U.S. equity rally. Read: Dow tops 21,000—on pace for fastest milestone in history “There weren’t too many surprises regarding the programs Trump wants to implement, but the specific details and timeline are still scarce, adding to the argument that the market maybe isn’t as polic...
बाजार के जाने - माने जानकार अजय बग्गा का कहना है कि लगातार तेजी के बाद अब थोड़ा ठहराव नजर आ रहा है , और इससे चिंतित होने की जरूरत नहीं है। बाजार में कंसोलिडेशन होना भी बेहद जरूरी है। इकोनॉमी बढ़ रही है और घरेलू बाजारों में एफआईआई की ओर से जमकर खरीदारी देखने को मिल रही है , ऐसे में आगे तेजी जरूर आएगी। लिहाजा बाजार में आने वाली कुछ दिनों की गिरावट से घबराने की जरूरत नहीं है। अजय बग्गा के मुताबिक आने वाले दिनों में बाजार के फंडामेंटल और एफआईआई निवेश में कोई तब्दील होती नजर नहीं आ रही है। एशियाई बाजारों में ताइवान और कोरिया के अलावा भारतीय बाजारों में एफआईआई निवेश बढ़ रहा है। अगले 2-3 महीनों तक एफआईआई निवेश के इस रुख में कोई बदलाव की गुंजाइश नजर नहीं आ रही है। अजय बग्गा ने कहा कि एशिया में बढ़ रही राजनीतिक स्थिरता से बाजार को ज्यादा घबराने की जरूरत नहीं है। अभी भले ही घरेलू संस्थागत निवेशकों ने बिकवाली का रुख कि...
Post-demonetisation, the RBI today warned of a possible spike in inflation and stressed the need to make digital payments "safe and secure", even as it felt that the adverse and transient impact on the economy has "by and large" dissipated already. In a preliminary assessment report on 'Macroeconomic Impact of Demonetisation', an RBI paper said Rs 1000/500 notes valued at Rs 15.6 trillion were demonetised, but the precise estimate of currency that returned to the banking system is not yet available as the reconciliation process is still on. "Hence, the adverse wealth effect on account of SBNs (specified bank notes of Rs 1000/500) not returning to the banking system could be assessed only after the reconciliation exercise is complete," it said, while adding that the total net currency in circulation has gone up by about Rs 2.6 lakh crore between December-end and early March. The RBI also said that the surplus liquidity with banks may d...
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