Wisemoney 789.Cdr
A Weekly Update from SMC 2021: Issue 789, Week: 24th - 28th May (For private circulation only) Brand smc 572 From The Desk Of Editor Contents n the week gone by, global stock market witnessed volatile trade as investors Equity 4-7 reacted to inflation overseas and the Federal Reserve hinting it may consider Derivatives 8-9 altering monetary policy sooner rather than later. Moreover, Fed minutes signalled Commodity 10-13 I a plausible slowdown in bond buying “at some point”, a shift in policy in the future, Currency 14 which will have an implication on EMs. Meanwhile, U.S. Treasury yields fell after a IPO 15 weaker-than-expected U.S. business activity reading. The number of Americans filing FD Monitor 16 new claims for unemployment benefits dropped further below 500,000 last week, but Mutual Fund 17-18 jobless rolls swelled in early May, which could temper expectations for acceleration in employment growth this month. U.K. data showed consumer prices rose 1.5% on the SMC GLOBAL SECURITIES LTD. year in April, twice the rate of inflation reported in March. China, the world's biggest REGISTERED OFFICES: metal user, said that it would strengthen its management of commodity supply and 11 / 6B, Shanti Chamber, Pusa Road, New Delhi 110005. demand to curb "unreasonable" increases in prices. Japan's government reported that Tel: 91-11-30111000, Fax: 91-11-25754365 exports rose 38 percent in April from a year earlier while imports climbed nearly 13 MUMBAI OFFICE: Lotus Corporate Park, A Wing 401 / 402 , 4th Floor , percent, indicating a recovery in overseas demand even as the country weathers its Graham Firth Steel Compound, Off Western Express Highway, worst bout of coronavirus outbreaks so far.
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