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Economy News

QE on the QT? Fed says no, economists say maybe so

The U.S. Federal Reserve's quick pivot from shrinking its balance sheet by around $50 billion (39.5 billion pounds) per month to now expanding by $60 billion monthly, has shown both the difficulty the Fed has faced under a shifting political environment, as well as the risks of experimenting with market-sensitive systems in real time.

Oil rises 2% after reports of Iranian tanker attack

Oil prices rose more than 2% on Friday after Iranian media said a state-owned oil tanker was attacked in the Red Sea near Saudi Arabia, while optimism surrounding the U.S.-China trade war lifted sentiment.

Markets

SENSEX » 38,330.31 +0.53%
NIFTY50 » 11,367.00 +0.55%
S&P » 2,970.27 +1.09%
Nikkei 225 » 21,798.87 +1.15%
IN 10 YR
+6.697
-0.030
US 10YR
+1.734
+0.000
JP 10YR
-0.180
-0.001
INR / USD » 0.0141 -0.09%
INR / EUR » 0.0128 -0.02%
INR / GBP » 0.0112 +0.49%

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