Donald Trump presidency win rocks global markets

Donald Trump presidency win rocks global markets

Global financial markets tumbled in the wake of Donald Trump winning the US presidential election as fears of protectionist trade policies increased. The Asian markets were one of the firsts to react all dropping points, and the FTSE 100 Index opened 102.8 points down knocking more than £25bn off the value of blue chip shares. The Republican candidate beat the polls by winning key swing states like Florida, Ohio and North Carolina. Nov 9, 2016
top picks angel broking consumption story india pmi manufacturing services india bse gainers us elections losers share price global cues nse results q2

Top picks of Angel Broking

In the wake of good PMI, inflation, softening interest rates and rising consumption, certain stocks are poised to do well, says the brokerage. Nov 7, 2016
Bank of England predicts rising inflation and real income slow down

Bank of England predicts rising inflation and real income slow down

Mark Carney, Governor of the Bank Of England, announced that it expects inflation to hit 2.75% by the end of 2018, as well as food, energy and clothes prices rising even faster with wages not keeping up. For now interest rates remain the same but post-Brexit growth will be faster this year than the Bank previously predicted. Nov 3, 2016