The dividend bonanza is adding pressure on the Chinese yuan already weighed by a resurgent dollar and the prospect of growing US-China tensions. The firms mostly pay dividends in Hong Kong dollars but earn the majority of their revenues in the yuan, which requires conversion.
A fickle Fed and inflation's refusal to go quietly has been a recipe for cross-asset malaise. The biggest exchange-traded fund tracking long-dated Treasuries swung violently in 2024 before finishing deeply in the red.
The expected volatility is due to uncertainties from the incoming Donald Trump administration, along with the union budget and measures taken by the monetary policy committee (MPC) of the Reserve Bank of India in February.
Select stocks gain momentum even in volatile markets.
ITC Ltd shows signs of reversal after a 10% fall from highs. Short-term traders may buy for a target of Rs 530 within 2-4 months. Support above 200-DMA and 50-DMA indicates potential steady rise. Stop loss recommended below Rs 455.
Former US President Jimmy Carter, who celebrated his 100th birthday in October, has passed away, according to to the centre he founded. The once peanut farmer turned Democrat leader has set a new record among US President with his death. Here's what you should know