What is bps in finance rate futures pricing indicates a 60%

Rate futures pricing indicates a 60% probability of a 50 BPS Fed cut in September, which could push Dow Jones Industrial Average near 36,000 points if earnings beats continue. with your contact info and the gist of your problem and we’ll find some experts to help you out while writing a Family Finance story about it (we’ll keep your name out of it, of course). Tata Capital’s IPO to raise Rs 15,511.87 crore, the fourth largest in 2 decades. Price band at Rs 310 – 326 per share, GMP at 2.8%. Allotment on Oct 9, listing on Oct 13. Funds to be used for capital base, future requirements, and coverage. Equity analysts report that in Q2, emerging market ETFs rallied 3.6% after multiple central banks cut rates by 75 BPS. This basis point movement shifted currency valuations and risk premiums.