Wednesday, February 1, 2023
Market-Reporter
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate
No Result
View All Result
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate
No Result
View All Result
Market-Reporter
No Result
View All Result
Home U.S. Markets

Inflation data, US monetary policy to influence stock markets, say analysts

MtR by MtR
June 13, 2021
in U.S. Markets
0
Inflation data, US monetary policy to influence stock markets, say analysts


India’s inflation data, the Covid-19 vaccination drive and resumption of economic activities after prolonged lockdown and curbs would guide the trend of domestic equity markets this week, say analysts.

Further, the US central bank’s monetary policy meeting for its stance on continuing stimulus measures is another factor that market participants are observing.

“This week, India’s inflation data for May will be the key economic driver in the domestic market. On the global front, the Fed’s monetary policy meeting will be in focus as the market awaits its stance on continuing stimulus measures,” news agency PTI quoted Vinod Nair, the head of research at Geojit Financial Services.

Nirali Shah, the head of equity research at Samco Securities said the US FOMC meeting would keep markets volatile.

During the last week, the 30-share BSE benchmark jumped 374.71 points or 0.71%. The 30-share benchmark touched a lifetime high of 52,641.53 points on Friday.

“Investors will continue to monitor economic data and Covid-19 related updates,” said Sumeet Bagadia, executive director of Choice Broking.

“The key factors to watch out for remains the pace of vaccination and the re-opening of the economy. We would also be watchful of trends in global liquidity and the policy stance of central bankers,” said Shibani Sircar Kurian, senior EVP and head of equity research, Kotak Mahindra Asset Management Company.

Besides, the movement of brent crude, rupee and foreign institutional investors (FIIs) would also be watched by investors.

Shrikant Chouhan, executive vice-president, equity technical research at Kotak Securities said: “Markets are expected to monitor the spread of monsoon in the coming weeks, daily new case count and easing of lockdown restriction.”

Inflation expectations

Retail inflation in India was 4.29% in April but is expected to rise in the coming months.

The seasonal price pressures for vegetables are around the corner. Fuel price inflation is unlikely to ease unless the government begins to prune taxes as they form a large part of the rise in fuel prices of late. Commodity prices are on the rise globally.

Logically, this would lead to a tightening of monetary policy or a withdrawal of accommodation at the very least by the Reserve Bank of India (RBI). But that is unlikely to happen this time around.

Economists at QuantEco believe that monetary policy will look through the rise in inflation this time. The key reason is that there isn’t enough demand pull for the RBI to respond.

With inputs from agencies.

Subscribe to Mint Newsletters

* Enter a valid email

* Thank you for subscribing to our newsletter.

Never miss a story! Stay connected and informed with Mint.
Download
our App Now!!



Source link

Related articles

U.S. inflation CPI report, Wall Street, currencies

August 10, 2022

U.S. Stocks Holding On To Strong Gains After Early Rally

August 10, 2022

Related Posts

U.S. inflation CPI report, Wall Street, currencies

by MtR
August 10, 2022
0

SINGAPORE — Futures in Australia pointed to a lower open Thursday after a better-than-expected inflation report in the U.S. sent...

U.S. Stocks Holding On To Strong Gains After Early Rally

by MtR
August 10, 2022
0

(RTTNews) - After moving sharply higher early in the session, stocks continue to see significant strength in afternoon trading on...

Cooling Inflation Sends Stocks Soaring

by MtR
August 10, 2022
0

US stocks rallied Wednesday after data showed headline US inflation cooled in July.  The headline reading of 8.5% was below...

Analysis: China investors hedge U.S. delisting risk with Hong Kong play

by MtR
August 10, 2022
0

A floor trader walks during afternoon trading at the Hong Kong Stock Exchange in Hong Kong, China September 26, 2016....

Share Market Today LIVE | Sensex, Nifty, BSE, NSE, Share Prices, Stock Market News Updates 10 August

by MtR
August 10, 2022
0

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Indian equity markets are likely to open lower amid weak...

Load More
  • Trending
  • Comments
  • Latest

Bank of England tells ministers to intervene on digital currency ‘programming’

June 21, 2021

Tips for checking smoke alarms during daylight saving time

March 12, 2022

GLOBAL MARKETS-U.S. stocks follow Europe up; Treasury yields rise, dollar firm

July 9, 2021

What will Durham County education bonds pay for? A full list

July 8, 2022
African currencies week ahead: Zambia's kwacha seen on back foot, Kenyan shilling up – Business Recorder

African currencies week ahead: Zambia's kwacha seen on back foot, Kenyan shilling up – Business Recorder

0
Maxum Foods releases Global Dairy Commodity Update for June

Maxum Foods releases Global Dairy Commodity Update for June

0
Letter: Perpetual bonds can help states fight hunger

Letter: Perpetual bonds can help states fight hunger

0
United Kingdom ETFs Are Riding the Re-Opening Momentum

United Kingdom ETFs Are Riding the Re-Opening Momentum

0

Investment in overseas real estate surges : The DONG-A ILBO

August 11, 2022

U.S. inflation CPI report, Wall Street, currencies

August 10, 2022

Alberta oil production set new record in first half of 2022

August 10, 2022

Industrial Lubricants Market to Reach $71 Billion by 2027.

August 10, 2022

Recent News

Investment in overseas real estate surges : The DONG-A ILBO

August 11, 2022

U.S. inflation CPI report, Wall Street, currencies

August 10, 2022

Alberta oil production set new record in first half of 2022

August 10, 2022

Categories

  • Asia
  • Bonds
  • Canada
  • Commodities
  • Cryptocurrencies
  • Currencies
  • Emerging Markets
  • ETFs
  • Europe & Middle East
  • IPOs
  • Latin America
  • Mutual Funds
  • Personal Finance
  • Real Estate
  • Retirement
  • Spending & Saving
  • Stocks
  • U.S. Markets
  • Privacy & Policy
  • About Us
  • Contact Us
  • Advertise with us

© 2021 Copyright Market-Reporter

No Result
View All Result
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate

© 2021 Copyright Market-Reporter