Recent headlines from the sources AlphaScala monitors. AlphaScala analysis is published in the main market section.
US stock futures ticked sideways Thursday evening as the market prepared for the June nonfarm payrolls report, the week's biggest catalyst for rate expectations.
Adar Poonawalla Family Office invests ₹700 crore in Inox Clean Energy at a ₹70,000 crore valuation, joining CalPERS and other marquee investors as the company expands across renewables and solar manufacturing.
Corporate borrowing from banks accelerates past retail loans as companies switch from bonds to cheaper bank credit after RBI rate cuts. Small businesses lead the surge.
16M new women workers in UP, nearly all in dairy and crop farming. Young women still lack salaried jobs and hostels. Next leap: non-farm infrastructure.
Nike fell 2.8% pre-market ahead of Fed Chair Kevin Warsh remarks, while Constellation Brands held flat. AlphaScala's Alpha Scores show the divergence in macro vulnerability.
TVK, which won 108 seats but fell short of a majority, hosts alliance partners Wednesday to cement a stable five-year government. Political stability reduces risk for Tamil Nadu projects and bonds.
Japan's June PMI hit 54.8, the sixth straight expansion. The reading strengthens the BOJ's case for a rate hike, with implications for the yen, JGB yields, and equities.
India's HSBC manufacturing PMI declined to 54.2 in June, the second-weakest since mid-2022. Cooling demand and weak exports may push the RBI toward rate cuts. Services PMI due next week.
Starting Aug. 15, drivers carrying children under 10 and shorter than 1.35 meters without proper child seats will receive a warning. The rule exempts commercial passenger vehicles.
The RBI's forward dollar short hit a record $38 billion as the central bank uses sell-buy swaps instead of spot sales to slow the rupee's depreciation, traders said. The approach preserves reserves but carries forward risks.
Vanguard's active short-duration ETF VSDB targets curve steepening via flexible allocation. Catalysts: August jobs report and Fed rate meeting.
ECB's Dolenc sees no urgency to hike in July if energy costs stay subdued and Middle East tensions do not escalate. A wait-and-see approach until September could be appropriate.
India's household debt rose to 45.5% of GDP by September, driven by consumption loans. The RBI noted an improvement in borrower quality, with prime+ share rising.
Aggregate bank capital stays above 9% minimum under all scenarios, but 15 NBFCs breach thresholds. The RBI's stress test shows the divergence between banks and shadow lenders persists.
ECB's Rehn calls energy shock stagflationary. No second-round effects seen. June euro-zone CPI due Wednesday expected at 3%, could undershoot. Ceasefire key for July rate decision.
ADC and O carry net-lease REIT yields above 5% with low leverage and long-duration fixed-rate debt that limit the damage from prolonged higher rates.
AI infrastructure spending is lifting GDP forecasts, but productivity gains remain narrow. The gap between capital deployed and measurable efficiency gains is the key risk for markets pricing a sure thing.
Bundesbank President Joachim Nagel warns inflation will stay 'significantly above target' even after the Middle East ceasefire, pushing back against ECB rate-cut bets.
The Dallas Fed's manufacturing index fell to zero in June, the neutral line between expansion and contraction. Texas factory activity has stalled after a brief uptick in May.
The June jobs report lands July 2, three weeks before the Fed's rate decision. Small caps are sensitive to the outcome. IWM traders are watching payrolls and wage growth for the next catalyst.
The FDA picked seven drugmakers for a pre-approval factory review pilot. Eli Lilly and Regeneron are the only named participants. faster approvals are the goal.
Seven companies including Eli Lilly and Regeneron were picked for an FDA pilot that could cut up to 14 months off new drug-plant approvals. The PreCheck program lets regulators review facilities while they're still under construction.
Parents can contribute $5,000/year to a Trump Account without filing a gift tax return. The IRS decision removes a key hurdle for the 6 million children already signed up.
Tomato and onion prices surge in northern India after extreme heat damages crops and disrupts transport. The June CPI print will show whether food inflation is broadening.
Dario Perkins warns that Kevin Warsh's market-driven Fed, opaque task forces, and alt-data push inject uncertainty into bond yields, the dollar, and gold.
Father's Day on June 21 drove online sales up £40m in the UK, the latest micro peak in a retail calendar shifting from seasonal spikes to frequent short bursts.
The BIS warns Big Tech's $1 trillion AI spending binge risks ending in a bust that could rattle markets and damage the global economy. Margin debt and circular financing amplify the danger.
The government and RBI last week addressed two big bottlenecks for India's small businesses: delayed payments and invoice discounting. The transmission path runs from faster cash to higher capacity utilisation.
U.S. banks face compliance risks as the White House moves to unwind Iran sanctions. 60-day waivers and a June 17 MoU create uncertainty. Gradual oil supply increase could cap crude prices and shift Fed rate expectations.
EPFO 3.0 will let subscribers withdraw PF via UPI and ATMs. Current rules – up to 75% withdrawal, 25% locked – remain. Rollout expected by June-end, no official date yet.