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Rupee falls 27ps to 82.05/USD
The local unit depreciated and is at its lowest level for last 17 days on the positive US Dollar index
Asian stocks mixed ahead of US job market update
Shanghai and Seoul rose while Tokyo declined. Mkts in Hong Kong, India and Australia were closed for a holiday
Jobless claims hit record high in US
New waves of layoffs expected as the Federal Reserve’s interest rate hikes push companies to cut costs
Global stocks mixed after Fed supports higher rates
The Fed expects no cuts this year and key lending rate stands at 4.50 to 4.75%, up from close to zero a year ago
Pre-Budget rally more likely
Bullish trends were dominant during the month ahead of the budget presentation. In the last 6 of 10 previous budgets
Wall St drifts further lower
Federal Reserve said US industrial production, which covers manufacturing, mining and utilities, fell in Dec much more than economists expected
Global stocks mixed ahead of US inflation update
London, Frankfurt and Hong Kong fell, while Shanghai and Tokyo rose
Global shares rise as sentiments get a boost from Fed
Encouraging data on US jobs also helped global stock markets; But layoffs have been mounting in the technology sector
