The primary catalyst for the market's decline was the release of the much-anticipated Consumer Price Index (CPI) data.

During the past fortnight, major indices of the U.S. equity markets showed positive momentum, closing a quarter marked by strong gains.

The Bank of Japan maintained its supportive monetary policy stance. Governor Kazuo Ueda indicated it was premature to declare the 2 per cent inflation target sustainably achieved, emphasising the importance of wage growth alongside price increases before considering policy changes. 

In the past fortnight, the focus was on the Federal Reserve, as the market closely monitored the prospects of future monetary policy decisions

The first trading week of 2024 witnessed a decline in stocks, accompanied by an increase in interest rates, putting an end to the nine-week winning streak of the S&P 500. Given the significant upward surge over the past few months, it is understandable that the markets are now pausing for a breath.

For the second consecutive week, the primary US stock indices concluded with losses, with market confidence dazed by a combination of inconsistent corporate earnings releases and worries surrounding elevated interest rates

As cricket fever grips India, several undefeated teams have yet to face any significant challenges.

The eagerly awaited August consumer price index (CPI) data indicated progress in the Federal Reserve's battle against inflation.

In the past fortnight, the S&P 500 retraced approximately 2 per cent, contributing to a nearly 5 per cent reduction in the stock market's performance for the month of August.

In the past fortnight, global equities continued their upward trajectory, contributing to the impressive gains seen in the first half of 2023.

For the first time in two years, the annual rise in consumer prices dropped to below 5 per cent in April, which can allow the Fed to take a break from rate hikes. While the bulk of the bear market may still be ahead of us, the economic downturn has already begun. 

The stock market saw mixed results as attention turned towards the busiest week of quarterly earnings reports for the season