कोशिश गोल्ड - मुक्त
MARKETS WRESTLE METHOD & MADNESS OF TRUMPONOMICS
The New Indian Express Coimbatore
|June 29, 2025
Optimism held sway till headlines spooked the bulls.
Global indices flirted with or shot past 52-week highs as the news flow propped bullish sentiments. The US benchmark S&P500 touched a new high of 6,187, tech tracker Nasdaq shot past 20,311, Japanese Nikkei 225 hovered at 40,267, Korean Kospi touched 3,093, and India's Nifty50 surged past 25,650 towards its all-time high, while in London the FTSE100 nudged 8,798.
Donald J Trump was talking up trade deals. A deal with China signaled business as usual for markets even though little is known beyond access to rare earth minerals and magnets discussed at the London détente. A deal with India—"a big one which would open up India," in Trump's words—was on the anvil, Vietnam was moving ahead and the European Union was edging closer to a deal, prompting the US to scrap the "revenge tax".
The whiplash of headlines followed soon enough. Just as punters settled for siesta, DJT declared, "We are hereby terminating ALL discussions on trade with Canada, effective immediately." The reason: Canada's move to implement a digital services tax of 3 percent. Predictably, the Canadian S&P TSX slid, as did S&P500 and Nasdaq before recovering at close. Tremors and shocks are a constant cause of volatility since Trump took office. Traders who coined the term TACO (Trump always chickens out) believe Trump's love for a buoyant stock market will save the day.
यह कहानी The New Indian Express Coimbatore के June 29, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
The New Indian Express Coimbatore से और कहानियाँ
The New Indian Express Coimbatore
Unsteady income bane for gig workers
EVEN as the debate around gig workers' earnings refuses to die down, HR and staffing solution companies point to wide disparities in monthly average incomes and tough work conditions, leading to high attrition rate.
2 mins
January 06, 2026
The New Indian Express Coimbatore
J&K should be integral part of India: UK MP
MAKING a strong and unequivocal statement on Jammu and Kashmir, senior British MP Bob Blackman asserted that the entire region should be an integral part of India.
1 min
January 06, 2026
The New Indian Express Coimbatore
THE DEVIL IN CRYPTO DETAILS
With cryptocurrency exchanges failing in various jurisdictions, owners of digital assets like bitcoin and ethereum must know what happens next. The Madras High Court's recent judgement in Rhutikumari highlighted a divergence in the emerging jurisprudence on such cases. Users must read the fine print
3 mins
January 06, 2026
The New Indian Express Coimbatore
India urges nationals in Tehran to exercise caution as protests spread
INDIA on Monday advised its nationals in Iran to exercise due caution and avoid nonessential travel amid a widening wave of protests triggered by the country's worsening economic situation.
1 mins
January 06, 2026
The New Indian Express Coimbatore
CRICKET STANDOFF BAD AUGURY FOR BIG EVENTS
I HE week past was one of the most volatile in subcontinental cricket.
1 mins
January 06, 2026
The New Indian Express Coimbatore
'Fake' IAS officer, who tried to clear exam 4 times, held in Palamu
A man, who had been posing as a senior IAS officer for the last seven years, has been arrested in Jharkhand’s Palamu.
1 min
January 06, 2026
The New Indian Express Coimbatore
Services exports to Russia may hit US roadblock
AS India is aiming to scale up exports to Russia to address the enormous trade deficit of $58.9 billion, it will be challenging for Indian service companies with exposure to the US and European Union to tap the Russian markets.
1 mins
January 06, 2026
The New Indian Express Coimbatore
HC cites privacy, quashes govt order to collect sensitive info of school students
THE Madurai Bench of the Madras High Court on Monday quashed an order issued by the member-secretary of TN Model Schools (TNMS) on September 4, 2025, which instructed all government high and higher secondary schools to upload sensitive information about students belonging to 25 categories on EMIS portal under 'Special Focus Students' scheme.
1 min
January 06, 2026
The New Indian Express Coimbatore
Shatabdi trains may get VB rakes as rlys shelves plan to stop chair car production
THE Indian Railways has rolled back its earlier decision to stop the production of Vande Bharat chair cars after completing 120 train sets.
1 min
January 06, 2026
The New Indian Express Coimbatore
ADDRESS 'EMBEDDED TAXES' THAT INFLATE HEALTHCARE COSTS
NDIA'S Union Budget 2026-27 holds significant promise, given the slew of reforms in 2025 such as the New Labour Code and Goods and Services Tax (GST) rationalisation.
2 mins
January 06, 2026
Listen
Translate
Change font size
