Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Jul 04, 2016

Monday Morning Briefing: Global Setup

Monday Morning Briefing: Global Setup

Monday Morning Briefing: Global Setup
Australian Currency as Aussie Drops (Brendan Thorne/Bloomberg)

Markets in Asia are off to a mixed start, after posting their biggest weekly gain in more than two months. On Friday, U.S stocks rose a fourth day in a row, shaking off Brexit worries.

It's a mixed picture across commodity markets too. Gold and silver prices are rallying, while crude prices are cooling off.

Political developments continue to dictate terms for markets. In the U.K., Chancellor of Exchequer George Osborne, in an interview to the Financial Times, proposed lowering the corporate tax rate to 15 percent to boost the economy as Britain prepares to leave the EU.

Over in Australia, an unclear election result has raised risks of the country losing its AAA rating.

Meanwhile, SGX Nifty indicates a positive start for Indian equities.

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source
Listen to the latest songs, only on JioSaavn.com