Market Matrix – Effort at cutting interest rates across globe

Friends, There is a concerted effort at cutting interest rates across globe. China’s central bank has cut rate by 277 bpa and also has reduced the reserves requirement by 50 bps. US Fed cut rates by 50 bps to just 1.5 pc. BoE and ECB have also cut rates by 50 bps. FED has also

World Matrix – Markets have demonstrated as if they have an umbilical cord

Friends, The world markets have demonstrated as if they have an umbilical cord attaching them with USA. As if the nutrition used to come through this and now the infection is coming through it. The markets round the world since morning have tumbled because DOW was lighter by 500 points yesterday. All the Asian markets

World Matrix – Markets have demonstrated as if they have an umbilical cord

Friends, The world markets have demonstrated as if they have an umbilical cord attaching them with USA. As if the nutrition used to come through this and now the infection is coming through it. The markets round the world since morning have tumbled because DOW was lighter by 500 points yesterday. All the Asian markets