Global market: SGX Nifty, First Republic Bank to FOMC — key triggers for today
Share Price India
March 22, 2023
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Global market update: Amid FOMC meeting, US stock market finished higher on Tuesday though Us stock futures traded in tight range. As market is buzz with 25 bps rate hike in FOMC meeting today, US dollar and US bond yield has depreciated in early morning deals. Crude oil price is still under pressure as WTI crude oil is 0.42 per cent lower in morning session. However, First Republic after brutal sell off c Bank share price rebounded strongly on potential government backing to encourage buyers.