Social News XYZ     

Market

Asian central banks likely to cut rates from late June onwards: Morgan Stanley

New Delhi, April 10 (SocialNews.XYZ) Asian central banks are likely to begin cutting rates from late June onwards, global brokerage Morgan Stanley said. “Across the region, real rates are rising given lower inflation. As long…


Fitch cuts China’s sovereign credit rating

New Delhi April 10 (SocialNews.XYZ) Global rating agency Fitch has downgraded China’s sovereign credit rating from stable to negative, citing concerns over the country’s rising fiscal deficit. Fitch’s projections anticipate a rise in the general…













Indian markets hit a fresh intraday peak

Mumbai, April 9 (SocialNews.XYZ) Indian markets reached a fresh intraday peak before seeing profit-booking at higher levels in anticipation of Wednesday’s key US inflation data, which carries weight in determining future rate cuts by the…