china rate cut – Charm

$10 billion sale! FII selling breaks all records. Is it just about China?

Cs news8 months ago06 mins

The festive month of October has recorded the worst-ever selling by foreign institutional investors (FIIs) who have decamped with nearly $10 billion worth of investments from the Indian stock market beating the $7.9 billion sale seen during the Covid-led market crash in March 2020. Although it comes on a higher base, October is turning out…

Global news wrap: US yield, China’s stimulus, iPhone 16

Cs news9 months ago08 mins

This month we track how a faster rise in the US 10-year treasury yields is becoming a cause of worry. Meanwhile, China has announced a stimulus package and lowered key policy interest rates to push economic growth. 1. Yield signals The US Federal Reserve delivered a sharp cut of 50 basis points in its benchmark…