President Trump, at the UNGA, deemed a Gaza meeting "successful" despite disagreements over Palestinian state recognition, opposing unilateral moves as rewards for Hamas. He urged a Gaza ceasefire and hostage release.
Indian REITs offer attractive yields, surpassing those in mature markets, making them appealing to investors. The real estate market is projected to grow significantly, driven by urbanization and infrastructure investment. While Gen Z favors rentals for flexibility, Millennials aspire to homeownership, carefully timing their purchases amidst rising costs.
The dollar weakened, nearing its lowest point in a week. Traders anticipate two more US interest rate cuts this year. This is despite Federal Reserve Chair Jerome Powell's cautious stance on further easing. The dollar index saw a drop this week. Market bets are on quarter-point rate cuts at the remaining Fed policy meetings.
Gold prices remained stable near record highs. Investors are carefully analyzing Jerome Powell's remarks on potential interest rate cuts. They are also awaiting a key inflation report. The dollar's weakness made gold more affordable. NATO cautioned Russia regarding airspace violations. Other precious metals like silver saw little change. Markets anticipate possible rate cuts later this year.
With rising education costs, parents are increasingly investing in mutual funds for their children. Investments can be made in a minor's name across various fund types, with a parent acting as guardian. Upon turning 18, the child gains control of the account after completing KYC procedures.
