Global markets steady as central banks signal a pause
Equity markets closed the week broadly flat after several major central banks indicated they were content to hold rates while inflation data settles.
Economics editor
- प्रकाशित मिति
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- १ मिनेट पढाइ
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- ७६०
अन्तिम अद्यावधिक:
Global equity markets ended the week broadly unchanged, with investors reading recent central bank commentary as a signal that rates will be held rather than cut in the near term.
Bond yields eased slightly, and currency markets were quiet outside a modest move in the yen.
What it means for Nepal
For Nepal, the immediate transmission is through commodity prices and the cost of imported fuel, both of which have been steadier over recent months than in the same period last year.
A stable external rate environment also reduces pressure on the exchange rate peg and, indirectly, on the import bill.
