EUROPEAN STOCKS INCREASED AS THE OPTISM RETURENED TO THE FINANCIAL MARKETS

Highlights:

• The European stocks have been increased as the optimism gas returned to the financial markets
• The Stoxx Europe 600 has been increased by 0.5 percent, along with the other gainers in Europe

On Thursday, the European stocks...

PEOPLE’S BANK OF CHINA ANNOUNCES TO PUMP 550 BILLION YUAN INTO ITS BANKING SYSTEM

Highlights

•    It is to spur additional lending to factories and households

•    It is in response to deal with the impacts of the coronavirus outbreak

On Friday, China’s central bank joined its US and E...

U.S. MARKETS CLOSE ON PRESIDENT’S DAY

Highlights:

• February 17th is celebrated as President's day in the US.
• US financial and bond markets will be closed on Monday.
• The next market holiday will be on April 10th on account of Good Friday.

17th February is ce...

Beginning of 2020 Treasury Yields fell

The yield on the standard 10-year Treasury note, which moves inversely to price, fell about four basis points to around 1.878%, while the yield on the 30-year Treasury bond was also lower at around 2.35%.

According to Labor Department Data, yields traded lower on Thursday...

Fossil-fuel powered vehicle sales to be banned from 2030: Sweden

Swedish government is serious in regards to banning the sales of combustible engine vehicles from 2030. It commissioned an inquiry to analyze how the country can replace fossil fuels and place a ban on fossil-fuel powered vehicles in an efficient manner.

The Scandinavian country’s...

There is considerable optimism of improving access to India's financial markets

Mumbai: Investors see opportunities in India's bond market as key barriers, but mention capital controls, low market liquidity, and lack of electronic access. According to a Bloomberg survey shared exclusively with Mint, there is considerable optimism that improving access to India's fina...