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December to see positive start for Indian markets
GDP growth triggers buoyant sentiment; FPIs behaviour to keep market under check
Gold could retest record highs as traders eye, RBI policy: Analysts
On the Multi Commodity Exchange (MCX), gold futures for the February 2026 contract climbed by 3,654, or 2.9 per cent, over the past week to close at 1,29,504 per 10 grams on Friday
See key triggers for Aviation stocks, tobacco shares, Exxaro, Patel Engineering, Advait Energy, Speciality Restaurants
Sterling and Wilson Renewable Energy shares in focus on massive order Adani Green Energy
Sterling and Wilson Renewable Energy secured a significant Rs 1,381 crore order from Adani Green Energy Limited for a solar project in Gujarat, alongside a five-year strategic partnership. This boosts SWREL's fiscal year order inflows past Rs 6,450 crore and reinforces its strong presence in India's booming solar sector.
Lenskart shares in focus after strong September quarter results
Lenskart Solutions reported strong Q2 FY26 results with a 20% YoY rise in consolidated profit to Rs 102.22 crore and a 20.8% YoY increase in revenue to Rs 2,096.14 crore. Despite a standalone profit decline, the eyewear major's overall performance reinforced investor confidence post its recent IPO.
ITC shares in focus as Centre likely to propose new cess to maintain high tobacco taxes
ITC shares are expected to be in focus as the government introduces a new Health Security National Security Cess to maintain high tax burdens on tobacco products. This move follows the expiration of the GST compensation cess, with legislative changes aimed at preventing a decline in tax revenue from the sector.
Speb Adhesives IPO: Check GMP, subscription, price band and other details
Speb Adhesives is launching its Rs 34-crore SME IPO today, aiming to expand its water-based adhesive capacity with a new manufacturing unit. Despite a flat grey market premium, the company's steady financial growth and diversified customer base present potential for long-term investors. The book-build issue is open until December 3.
Invicta Diagnostic IPO opens for subscription. Check GMP and other key details
Invicta Diagnostic's Rs 28 crore SME IPO opens today. The diagnostics chain plans to raise funds for expansion. The issue closes on December 3, with listing on December 8. The company shows strong financial growth. Investors will watch subscription levels closely. The IPO aims to establish new diagnostic centres across Maharashtra.
Astron Multigrain IPO: GMP among key things to know before subscription
Astron Multigrain's SME IPO opens on Monday, seeking Rs 18.40 crore. The issue is priced at Rs 63 per share and closes on December 3. Funds will be used for machinery, working capital, and general corporate needs. The company operates in instant noodles and allied products. Financials show steady revenue and profit growth.
Clear Secured Services IPO opens today: All you need to know about the Rs 86 crore offer
Clear Secured Services is launching its Rs 85.60 crore SME IPO today, offering 64.85 lakh shares. The integrated facility management provider, serving diverse sectors across India, aims to fund equipment, working capital, and debt repayment. With a price band of Rs 125-132, investors are watching subscription levels closely for this significant NSE SME offering.
Why these 3 realty-related stocks will remain focus today
Mindspace REIT, Brigade Group & Apeejay eyed in todays trade (December 1)
Mini Diamonds (India) shares are in focus as the company's stock split record date is December 2. Investors must buy by December 1 to be eligible for the 1:5 share sub-division. The diamond manufacturer has seen significant returns over two years despite recent short-term pressure.
Positive Breakout: These 14 stocks cross above their 200 DMAs
As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend.
Gold edges lower from near three-week peak on profit-taking
Gold prices dipped in early Asian trade after reaching a near three-week high. Investors are booking profits as expectations grow for a U.S. interest rate cut this month. Meanwhile, silver has surged to a record high. Market watchers are awaiting key U.S. economic data to further gauge the Federal Reserve's next move on interest rates.
Oil rises after OPEC+ meeting maintains current output
Oil prices saw a significant increase of over 1.5% on Monday following the OPEC+ decision to maintain current production levels for the first quarter of 2026. The group opted against planned output increases, signaling a slowdown in their efforts to reclaim market share due to concerns about an impending supply surplus.
A godsend for many, digital KYC remains a nightmare for people with disabilities
Many people with disabilities are unable to access financial services because their conditions prevent them from completing electronic know-your-customer procedures. There's plenty that needs to be done to resolve this, experts say.
Pre-market action: Here's the trade setup for today's session
Markets reached new record highs for the third consecutive week, buoyed by positive global risk sentiment and strong domestic economic indicators. Analysts remain optimistic about the medium-term market outlook, citing firming global rate-cut expectations and India's robust growth prospects. The Nifty's ability to hold above the 21-DMA at 25,890 is seen as crucial for sustaining the uptrend.
Stocks in news: ITC, Voltas, IndiGo, Lenskart, Maruti Suzuki
Indian markets saw a quiet Friday, holding steady after reaching new highs. Global liquidity is supporting ongoing gains in domestic stocks. Several companies are in focus today. Voltas received a favorable ruling. IndiGo completed a fleet-wide system upgrade. Maruti Suzuki is set to launch its first electric vehicle. Oil India began offshore drilling. Cipla opened a new lung diagnostics center.
Asian stocks fluctuate, oil rises on OPEC+ move
Asian stocks traded mixed as investors awaited key US economic data, which will influence the Federal Reserve's interest rate decisions. Oil prices surged following OPEC+'s production pause confirmation, while silver reached a new record high. Market sentiment remains cautious amid economic uncertainties and potential shifts in Fed leadership.
FPIs favour IPOs again, pump $1.3 billion into primary market in November
Foreign investors favored India's primary market in November, investing more than in the secondary market. However, they were net sellers of Indian equities overall for the month. This trend continues for the year, with significant outflows. Local mutual funds are offsetting these sales by increasing their equity investments. Key factors for December fund flows include GDP growth and corporate earnings.
SP Group in talks to raise Rs 25,000 crore via unrated NCDs
Shapoorji Pallonji Group is in talks to raise 25,000 crore via unlisted debentures, targeting a 14-15% IRR. This comes as the group explores options to monetize its 18.37% stake in Tata Sons, including a potential listing or buyback, which could lower borrowing costs.
Govt mulling relaxations as made-in-India battery push runs into delays
The Union heavy industries ministry is weighing extensions and easier localization norms for the beneficiaries of the 18,100-crore PLI-ACC scheme that was announced in 2021.
Bigger cheques, fewer deals: Whats driving Indias startup revival?
Deal value is on the mend as well, and that's despite lower volumes. While 2024 saw early-stage startups raise $1.5 billion across 513 deals, this year so far has seen 432 deals with companies raising a total of $1.6 billion.
US options market grapples with 'concentration risk' in clearing
America's options market is seeing record volumes. However, industry leaders are concerned about a few major banks handling most trades. This concentration poses a risk if one of these banks faces trouble. The Options Clearing Corp. oversees these trades. Experts worry about this potential instability in the market.
Wall Street worrywarts lose again as markets defy CME, AI stress
Wall Street saw a powerful cross-asset rally this week, with stocks, bonds, Bitcoin, and commodities advancing strongly. Despite anxieties over AI valuations and a trading outage, investor confidence was restored by Big Tech innovation and hopes for a Fed rate cut. This surge rewarded passive investors, while cautious strategies struggled to keep pace.
Fresh bullish signals emerge for December derivatives trades
Traders are carrying forward bullish bets on select stock futures to the December series, with several stocks showing strong price and open interest buildup. Varun Beverages, Bajaj Auto, Glenmark Pharma, Mahindra & Mahindra, Siemens, and Cummins India are highlighted for their potential upward movement based on technical indicators and recent developments.
Will Nifty extend its rally towards 26,50026,800 this week?
Analysts anticipate the Nifty's upward trend to continue this week, driven by a multi-month consolidation breakout and strong sector performance. Key support levels are expected to hold, with a buy-on-dips strategy recommended as the index targets 26,500-26,800. Several stocks, including Adani Ports and Kotak Mahindra Bank, are highlighted for potential gains.
Sebi to end P-Note secrecy with mandatory NSDL registration for ODI investors
Secrecy surrounding offshore derivative instruments (ODIs), or participatory notes, used by anonymous foreign investors in Indian stocks is set to end. New rules will require ODI subscribers to register with NSDL and provide a Legal Entity Identifier (LEI). This move aims to enhance transparency and reduce hidden risks in financial transactions, making it easier to identify foreign investors.
OPEC+ sticks with plan to pause oil supply increases amid surplus concerns
Key members led by Saudi Arabia confirm three-month supply pause
Indias lab-grown diamond market makes the cut as investor interest surges in 2025
About nine pure-play lab grown diamond startups collectively raised a record $26.4 million in 2025, compared with $4.7 million across eight startups last year, according to data from market intelligence provider Tracxn
Mumbai property registrations mark best Nov since 2013, revenue up 12 pc
During this period, registrations grew 5 per cent year-on-year and revenue increased 11 per cent, showing the city's solid real estate activity throughout the year
Lodha Developers to launch Rs 14K cr worth housing projects in 2nd half of FY26
During the first six months of this fiscal, the company's sales bookings or pre-sales increased by 8 per cent to Rs 9,020 crore from Rs 8,320 crore in the corresponding period of the preceding year
Gold could retest record highs as traders eye Powell's speech, RBI policy: Analysts
Gold prices are poised to remain firm and could edge closer to record highs next week as investors await key US data, Federal Reserve Chair Jerome Powell's speech and the Reserve Bank of India's policy decision, analysts said
Ahead of Market: 10 things that will decide stock market action on Monday
Indian markets ended flat with a mild negative bias as investors booked profits near record highs and weighed prospects of rate cuts in the U.S. and India. Global cues, selective profit booking, resilient large caps and shifting sentiment across U.S. and European markets shaped overall direction, while technical indicators signalled consolidation ahead
Indian refiners export diesel to Sudan after year-long hiatus as EU sanctions loom
Analysts and trade sources say Indian refiners will be forced to redirect diesel cargoes away from Europe, potentially flooding alternative markets such as Africa, Latin America or Southeast Asia
Wakefit to float IPO on December 8; eyes Rs 1,400 crore
Home furnishings company Wakefit Innovations Ltd is set to launch its initial public offering on December 8. The company aims to raise approximately Rs 1,400 crore through a combination of fresh equity issuance and an offer-for-sale. Proceeds will fund new stores, equipment, and marketing. Wakefit, established in 2016, is a fast-growing player in India's home and furnishings market.
Can I pay off a loan with home sale proceeds and get capital gains tax exemption?
Long-term capital gains on the sale of residential property are exempt only if the gains are reinvested in another residential property or on investment in certain bonds, capped at 50 lakh.
Wakefit to float IPO on Dec 8; aims to raise 377 crore via fresh issue
The IPO of the Bengaluru-based company will conclude on December 10, and anchor investors will be allocated shares on December 5, according to the red herring prospectus
FPIs resume selling in Nov; withdraw Rs 3,765 cr from equities
On the global front, uncertainty around the US Federal Reserve's rate-cut trajectory, a firm US dollar, and weak risk appetite across emerging markets kept foreign investors cautious. Persistent geopolitical tensions and volatile crude prices further reinforced the risk-off tone, said Himanshu Srivastava, Principal, Manager Research, Morningstar Investment Research India.
FPIs resume selling in Nov; withdraw 3,765 cr from equities
On the global front, uncertainty around the US Federal Reserve's rate-cut trajectory, a firm US dollar, and weak risk appetite across emerging markets kept foreign investors cautious
Two years later, Sebi has delivered a sharply different story. In a detailed order, the market regulator has barred Droneacharya, its promoters Prateek Srivastava and Nikita Srivastava, and several associated entities from the securities market for two years. The regulator found that the company diverted IPO proceeds, misrepresented financial statements, and used corporate announcements to artificially hold up share prices after listing.
PNGRB panel proposes sweeping reforms to unlock free gas market
The government aims to raise the share of natural gas in the country's energy basket to 15 per cent by 2030.
Energy prices are likely to dip about 10 per cent in 2026, following a 12 per cent drop in 2025. Metals and minerals are expected to remain steady, while agricultural commodities may edge lower due to ample supply
IPO pipeline swells; 2 dozen companies line up 40,000-cr public offers in Dec-Jan
This exceptional pipeline not only reflected the confidence of issuers but also highlighted investors' appetite to seize listing-day gains or back companies with strong long-term growth potential
9 smallcaps crash up to 61% in a week even as Nifty hit record highs
Despite the Nifty hitting fresh lifetime highs, the broader market weakened sharply as smallcaps saw steep declines driven by profit-taking, stretched valuations, and thin liquidity. Several stocks collapsed between 28% and 61% in five sessions, highlighting a widening divergence between headline indices and the vulnerable smallcap universe.
Nifty ended the week slightly lower after a range-bound trade, with financials and IT weighing while autos and FMCG provided support. Analysts expect the index to remain within a tight band, with 26,100 acting as support and 26,30026,350 as resistance. Five stock ideas for Monday highlight strong technical breakouts and bullish momentum.
India's Q2 GDP surprise: How markets may trade on Monday and what investors should do next?
Market momentum continued as indices strengthened within a two-month channel supported by steady sector performance and stable global cues. Short-term consolidation persisted, though sentiment stayed constructive. Technical indicators pointed to resilience despite volatility, with traders watching breakout levels as institutional flows and macro trends guided expectations for the upcoming sessions
IPO pipeline swells; 2 dozen companies line up Rs 40,000-cr public offers in Dec-Jan
According to him, India's robust consumption story, aided by GST and income-tax rationalisation, has encouraged many consumer-facing businesses to consider listing
The market capitalisation (mcap) of Hindustan Unilever edged higher by Rs 7,671.41 crore to Rs 5,79,644.16 crore, and that of State Bank of India went up by Rs 6,415.28 crore to Rs 9,04,185.15 crore
Indian markets ended the week slightly higher despite volatility, with the Nifty reclaiming 26,300 before settling above 26,200. InCred Equities released its latest high-conviction picks, highlighting 10 stocks with notable upside potential. Camlin Fine Sciences leads the list with a projected gain of 187%, followed by strong opportunities across varied sectors
Mcap boost: 7 of top-10 firms gain 96,201 cr; Reliance, Bajaj Finance lead chart
Among the top-10 firms, Reliance led, followed by HDFC Bank, Airtel, TCS, ICICI Bank, SBI, Infosys, Bajaj Finance, HUL and LIC.
11 Midcap stocks with explosive upside potential; up to 40% returns in 1 year
Trendlynes consensus estimates show that several mid-cap stocks are projected to deliver 25%40% returns over the next 12 months. This data-driven analysis highlights 11 midcap names with strong upside potential based on analyst targets and market expectations.
RBI MPC outcome, FII flows among 8 factors to impact stock markets this week
The rally was underpinned largely by growing expectations of a 25 basis point rate cut by the U.S. Federal Reserve in December, which lifted global market sentiment. Hopes of progress in the RussiaUkraine talks also lent support, raising expectations of softer crude oil prices. On the domestic front, robust growth projections and resilience in select sectors bolstered investor confidence, although persistent concerns around weak exports continued to weigh on the upside.
The two-pronged approach: Flex-fuel and EVs for Indias energy future
Ethanol flex-fuel vehicles deliver faster decarbonisation, create rural employment, eliminate critical mineral supply risk, and preserve auto-component industry
Wall Street predicts rebound in Indian markets after tough year
Wall Street giants anticipate a rebound for India's underperforming markets in 2026, citing stabilizing earnings and policy support. Despite recent headwinds from US tariffs and a weaker rupee, early signs of recovery are emerging, with potential shifts in global investment flows favoring India.
Wall Street forecasts Indian markets to rebound after tough year
Morgan Stanley, Citigroup Inc. and Goldman Sachs Group Inc. expect the countrys markets to claw back lost ground next year.
12 Penny stocks surged up to 318% in 3 months; 3 turned multibaggers. Do you own any?
In the past three months, 12 penny stocks gained 20%318%, with three becoming multibaggers. These stocks were selected using filters such as market capitalisation below Rs 1,000 crore, share price under Rs 20, and trading volume above 5 lakh, highlighting actively traded micro-caps showing strong momentum.
Luxury Time IPO to open on December 4. Check price band
The shares for Luxury Time are anticipated to be allotted on Tuesday, December 09, 2025 and on Wednesday, December 10, 2025, the shares will be credited to the demat account of the allottees
Lenskart eyes more growth as Q2 revenue jumps 21%
Lenskart's maiden quarterly results as a public entity reveal a robust 21% revenue surge to 2,096 crore and a 20% net profit jump to 103 crore. The eyewear giant, driven by technology and an omnichannel strategy, is poised for further growth, planning over 450 new stores this fiscal year and launching AI-powered smart glasses.
Bank holidays next week: When are banks closed from 1-7 December? Check here
Bank holidays next week: From December 1 to December 7, banks in certain Indian states will observe two holidays, specifically on December 1 for State Inauguration Day and December 3 for the Feast of St. Francis Xavier, with all banks closed on Sundays.
Starting December 1, 2025, changes in key money rules could affect your daily expenses. These include possible update in bank loan rates, bank working days, monthly fuel rates revision and pension requirements among others.
Mint Explainer: Why are thousands of Airbus jets grounded?
In India, 338 A320 aircraft operated by IndiGo (200) and the Air India group (138) were identified for the urgent software fix.
The Alt View: Can AI replace humans in architecture
Young architects agree that while AI offers utility, it cannot replicate the emotional depth essential for true architectural innovation, emphasising the need for human storytelling and empathy in design.
Nifty ended the week with modest gains and a fresh record high, but broader market participation remained weak as the Nifty 500 continued to trail its peak. With the index testing a key resistance zone near 26,300, traders may adopt a cautious, stock-specific approach amid subdued volatility and mixed sectoral trends.
India Inc lines up mega IPOs to raise 40,000 crore in December
Armed with capital market regulator SEBIs approval, at least 10 companies are set tap the market in December with all round bullish sentiment
Lenskart Q2 Results: Cons PAT jumps 20% YoY to Rs 102 crore, revenue up 21%
Lenskart Q2 Results: Lenskart Solutions reported its first quarterly results post-listing, showcasing a robust 19.6% year-on-year increase in consolidated profit after tax to Rs 102.22 crore. Revenue from operations also surged by 20.8% YoY, reaching Rs 2,096.14 crore for the second quarter ended September 2025.
FIIs net sellers of Rs 3,765 crore till November 29, but flows may shift as sentiment turns
FIIs remain net sellers in November with Rs 3,765 crore outflows till November 29, but improving macros and record-high markets may trigger a shift in their strategy. Analysts say strong GDP data, robust earnings, and revived sentiment could halt sustained selling and potentially draw FIIs back as buyers.
FPIs turn net sellers for fifth straight week, pull out 294 crore on Friday
Week ends with cumulative net outflows of 6,080.81 crore across all asset classes
Silver ready for next leg of rally? This technical pattern indicates upside potential of up to $9
Silver, after consolidating between $46$54, shows signs of a potential breakout. Analysts note a cup-and-handle formation, suggesting upside of $8$9 from current levels. Sustained gains above $54 could trigger the next rally, supported by higher highs, higher lows, and strong buying pressure near $46.
These 7 top banks offer interest up to 7.2% on fixed deposits for senior citizens
Almost all banks offer 50 basis points higher interest to those depositors who are above the age of 60.
Bitcoin rebounds 12% from last weeks $80K low, trades at $90K amid mixed U.S. economic signals
Bitcoin rebounded nearly 12% from its $80K low, stabilizing around $90,688 amid signs of slowing U.S. economic momentum. Mixed macro signals and cooling labor data suggest a cautious market, though expectations of Fed rate cuts in 2025 offer liquidity hopes. Traders are closely watching key technical levels and macro data for trend confirmation.
F&O Talk| Nifty hits record high, but rally remains selective: Sudeep Shah explains what lies ahead
Markets extended their winning streak to a third week, hitting new record highs driven by global risk sentiment and domestic factors. Nifty and Sensex closed higher, with analysts anticipating further upward movement. While large caps lead, broader market participation remains selective, with specific sectors showing strong bullish setups.
Bitcoins drawdown breaks old rule as volatility stays tame
Bitcoin's recent downturn, despite a significant price drop, shows subdued volatility, indicating a fundamental market shift. Wall Street's growing influence, through ETFs and professional hedging, is transforming Bitcoin into a more stable, macro-influenced asset, moving away from its speculative retail roots.
Consumer demand is strengthening ahead of the festive and wedding season, with improving trends across jewellery, liquor, paints, and select FMCG categories. Titan and Hindustan Unilever remain top picks as brand momentum, premiumisation, and recovering rural sentiment drive growth. Analysts expect a stronger second half as consumption normalises and margins stabilise.
Sebi imposes 7-day ban on Prabhudas Lilladher over multiple rule violations
Sebi has barred Prabhudas Lilladher from taking new assignments for seven days from December 15, citing multiple violations involving client funds, margin reporting, account settlements, and improper penalty pass-throughs. The action follows a joint inspection by Sebi and stock exchanges, which flagged lapses across key compliance and operational processes.
Premier Inn owner Whitbread warns on impact of UK property tax
Whitbread warned that UK budget measures will cost the Premier Inn owner 40-50 million next fiscal year due to increased business rates on commercial properties. The company's CEO expressed extreme disappointment, stating the changes are a hammer blow to their business and the wider hospitality industry. Despite this, Whitbread maintained its fiscal 2026 outlook.
Mindspace REIT buys office spaces in Mumbai, Pune for Rs Rs 2,916 cr
Mindspace Business Parks REIT has acquired three prime commercial properties in Mumbai and Pune from its sponsor K Raheja Corp for Rs 2,916 crore. This strategic acquisition, comprising 8 lakh square feet, will increase the REIT's portfolio to 39 million square feet. The deal strengthens Mindspace REIT's presence in sought-after central business districts, adding high-quality assets with strong cash flows.
Concurrent Gainers: 10 smallcap stocks that gain for 5 days in a row
Ten BSE smallcap stocks, including JSW Holdings and Primo Chemicals, gained for five consecutive sessions, showcasing consistent short-term momentum.
No major rupee depreciation expected in short run; fundamentals largely supportive: Report
Given that the rupee has already weakened by roughly 4% this year, we do not expect significant further depreciation in the near term, the report read
Whats needed for India to become a leader in PCB manufacturing
Through Make in India, electronics-focused PLI schemes, SPECS, and the new ECMS, the government has created tailwinds for PCB manufacturing.
The paradox of rate cuts: Why corporate bond yields are hardening instead of falling
Despite RBIs rate cuts, corporate bond yields remain elevated due to slow monetary transmission, high issuance, and global uncertainties. While yields softened slightly in October, supply-demand dynamics and investor caution keep them firm. Strong GDP growth, attractive spreads, and potential future rate cuts make corporate bonds an appealing investment option.
InCred Equities top 10 mid- and small-cap picks, including Globus Spirits, VRL Logistics, and Atul Ltd, offer upside potential up to 74%.
Droneacharyas IPO under scanner: Sebi bars company, promoters from markets, slaps Rs 50 lakh penalty
Sebi has barred Droneacharya Aerial Innovations and its promoters from the markets for two years after finding misuse of IPO proceeds, inflated financials, and diversion of funds. The regulator also penalised the company and related entities with Rs 75 lakh for running a fraudulent scheme that misled public investors.
IPO Calendar: Meesho to anchor a packed Rs 6,900 crore pipeline from 12 issues next week
Indias primary market is set for a busy week, with Rs 6,900 crore expected from 12 IPOs. Meesho leads the lineup with its Rs 5,421-crore issue, alongside Aequs and Vidya Wires on the mainboard. Nine SME IPOs will also open, keeping subscription activity high as December begins.
Meesho IPO: GMP among 10 key thingstoknow before subscription next week
Meeshos 5,421-crore IPO opens next week with a strong GMP and improving fundamentals, but profitability and competition remain key risks.
Wall Street edges higher in thin post-holiday trade
Indian markets saw a surge in stock prices on Friday. Retail and technology sectors led the gains. Investors anticipated a Federal Reserve interest rate cut. Major indexes recorded weekly gains. The Nasdaq experienced a monthly decline due to AI valuation concerns. A CME Group outage briefly disrupted trading. The holiday shopping season commenced with Black Friday and Cyber Monday.
European shares clock monthly gains on Fed rate cut hopes
European shares concluded Friday higher, extending a strong weekly and monthly advance. Optimism surrounding potential U.S. rate cuts fueled gains, with the banking sector notably performing well. Basic Resources also led Friday's rise, driven by record copper prices, while aerospace and defence stocks faced pressure amid Ukraine peace talks.
US yields drift higher in low-volume day after CME outage
U.S. Treasury yields edged higher on Friday amidst thin trading volumes following the Thanksgiving holiday and a significant CME Group trading platform outage. While futures trading resumed after an 11-hour shutdown, markets remained subdued. Investors are anticipating a potential Federal Reserve interest rate cut, leading to a slight steepening of the yield curve as the month concludes.
US dollar set for worst week since July as Fed rate cut looms
The U.S. dollar is poised for its worst weekly drop since late July, driven by increased expectations of Federal Reserve rate cuts following softer labor data. Traders are pricing in a high probability of a cut in December, despite inflation concerns. Meanwhile, anticipation builds for the Bank of Japan's meeting, with potential signals of a rate hike influencing the yen.
