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2024

Новости за 07.10.2024

Iron-ore pushes higher on hopes more China stimulus is coming

Miningweekly.com 

Iron-ore rose — following two sharply weekly gains — on speculation China’s top economic planner will unveil more stimulus measures at a press briefing on Tuesday morning. The steelmaking staple advanced almost 3% in Singapore, after surging 18% over the previous two weeks. The briefing will include five senior officials from the National Development and Reform Commission, according to a notice from the government on Sunday, and there are expectations it might involve announcements on more public spending.

Geopolitical worries, FII outflows wreck market, Nifty ends below 24,800

Business Standard 

The key equity benchmarks extended their losing streak for the sixth consecutive session on Monday, as concerns over FIIs outflows and global geopolitical tensions weighed on investor sentiment. The broader market took a significant beating, with midcap and smallcap indices underperforming sharply. The Q2 earnings season is also approaching, with IT majors set to report results this week. Meanwhile, the RBI's monetary policy meeting began today, further dampening investor sentiment. The Nifty closed... Читать дальше...