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Gold bulls became active amid increased volatility in the US dollar. The US dollar index slipped to a 5-week low earlier this week but bounced back sharply and then noted mixed trade support for the US jobs reports.

The bond issuer is bound to exclusively utilise the proceeds to finance eco-friendly ventures or assets such as renewable energy, clean transportation, sustainable waste and water management systems, energy efficient and green buildings, and biodiversity conservation.

Essentially it all boils down to the classic Charles Darwin’s quote “the survival of the fittest”. Irrespective of the environment, the formula for a winning business does not change. It is at times like these where the “moat” of the companies is truly tested.

While the Sensex has managed to hold on well- losing 4 per cent so far in 2022- amid unprecedented overseas outflows, the degree to which headline indexes have swung over the last couple of months has made the investment terrain an uncertain one.However, from its all-time high in October 2021, the Nifty has corrected 10 per cent, while mid-cap and small-cap indices have corrected 14 and 13 per cent, respectively.

The former Treasury chief noted again that history shows when inflation exceeds 4% and unemployment drops below 4% a recession occurs within two years. “My best guess would be that’s what we’ll see this time round,” he said.“I don’t think we have the tools to bring this down smoothly,” after excess demand was created with fiscal stimulus in 2021, Summers said.

Over the last few years, governments and organizations worldwide have focused on using various technological tools to mitigate climate change and biodiversity loss challenges. One of the tools that could be highly effective in tackling the climate crisis is blockchain.

More upside could depend on whether investors believe policymakers are making progress against surging prices. Signs that inflation remains strong may bolster the case for even more aggressive monetary tightening, potentially spooking a market already battered by worries that a hawkish Fed could deal a serious blow to U.S. growth.

While the jobs report was reassuring for the current state of the economy, investors focused primarily on its potential influence on central bank policy.

“Whenever such steep volatility hits the market, the best way is to detach from the market for some time instead of following the trend,” .says Piyush Nagda, Director - Private Wealth & Product Strategy at Monarch Networth Capital Limited

During the reporting week, the rise in forex reserves was due to an increase in the Foreign Currency Assets (FCA) and the gold reserves, according to the Weekly Statistical Supplement released by the Reserve Bank of India (RBI) on Friday. FCA increased by USD 3.61 billion to USD 536.988 billion in the week ended May 27.