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The pan-European STOXX 600 index fell 0.2% by 0719 GMT. The index hit more than a one-month high in the previous session on hopes that the U.S. Federal Reserve could slow its pace of interest rate hikes.

The Bloomberg Dollar Spot Index fell as much as 0.7%, sliding along with benchmark Treasury yields for a second day. Traders are pricing the upper bound of the Fed’s target range will peak at about 5% compared with almost 5.20% last week.

Financial planning is pivotal for wealth creation and demand continuous and planned investments with right allocation of assets. It works as an investment strategy that balances the risks by spreading assets across various categories like real estate, stocks, gold, fixed deposits and many more.

VDAs—such as cryptocurrencies, non-fungible or governance tokens, gaming coins, etc.—are still not recognised as either Indian currency or foreign currency. And, seeing the crypto market explosion from 17 to 90 million users over March 2021-2022 (Comscore.com, 2022), the government had to take a regulatory step.

While any material change in the demand environment needs to be monitored, given the challenging macro environment, we expect systemic credit to grow ~13%/14% YoY in FY23/FY24, respectively

The Nifty Bank index has gained nearly 16% year-to-date, and hit a lifetime high of 41840.15 points in September. However, Nifty50 and Sensex have gained a little over 1% in the same period.Shares of most banks have outperformed the market, with many of the frontline as well as midcap stocks giving double-digit returns.

The largest cryptocurrency by market value, rose as much as 5.3% to $20,412 Tuesday, posting its biggest one-day gain since Sept. 27. The token has traded below $20,000 for nearly three weeks, breaking from the coin’s trademark volatility.

"We have seen demand from FAB & storage space and infrastructure. The diversification in Asian supply chains and shift to China-plus is another big opportunity," said Niraj Mittal, head - Institutional Banking Group, DBS Bank India.

The market for online advertising has been strained globally on fears that consumers may curb their spending as they grapple with a spike in interest rates and runaway inflation, prompting companies such as Snap Inc to issue a revenue growth warning.

A diverse portfolio of products including Outlook and Teams has made Microsoft essential to businesses adopting flexible work models, helping it retain and attract customers at a time when a broader economic slowdown has sapped corporate spending.