New analysis shows that Paris has overtaken London to become Europe's biggest stock market. As per a Bloomberg report amid recession jitters in Britain, the French market has gained a marginal edge on the London stock market.

Britain is no longer Europe's biggest stock market; Paris takes the crown

Here we bring you a quick round-up of all latest news, top headlines and international breakings from all across the globe, stay tuned with Gravitas for more!

Gravitas Global Headlines: Indian Rupee falls to record low | HSBC Ad faces flak

The Japanese yen continue to lose ground as it went past the 150-mark against the United States dollar on Thursday – the highest since 1990. It has been a tough time for the Japanese economy as the currency has weakened quite a bit and it has prompted an emergency Bank of Japan meeting.

Japanese yen hits 150-mark against US dollar - worst since August 1990

The Indian rupee hit a record low of 82.22 against the dollar on Friday as rising oil costs and a strong dollar index dampened investor confidence. The rupee had previously reached a session low of 81.

Rupee hits record low of 82 against US dollar after OPEC+ production cut plan

Rising oil prices in a strong dollar has resulted in Indian currency touching a record low this morning, crossing the 82 against a dollar mark for the very first time.

India: No peace for rupee, mighty dollar thunders on; currency has fallen over 10% this year

In a boost for China, its currency surpassed the US dollar for the first time this week. It makes Yuan the most traded foreign currency on Moscow Exchange. The western sanctions have pushed Russia closer to China.

Chinese Yuan surpasses dollar, becomes most traded foreign currency on the Moscow Exchange

After tumbling earlier, sterling rallied against the dollar on Wednesday following the Bank of England's (BOE) purchase of UK government bonds, letting some air out of the greenback's progress broadly after it had touched a fresh 20-year high.

Sterling, euro rally against dollar after BoE buys UK bonds

As the pound continues to hit an all-time low against dollar, the Bank of England (BOE) on Wednesday announced that it will be temporarily buying bonds to calm the jangling nerves of the market.

As pound slips, Bank of England steps in to buy bonds and restore parity

The tax cuts announced in the mini budget by British finance minister Kwasi Kwarteng came under a lot of criticism as the pound hit an all-time low against the dollar.

Pound hits all-time low against dollar as Liz Truss' tax cuts come under pressure

Amid fears of a global slowdown compounded by investors' risk aversion to equity markets, Rupee tumbled to a new low on Monday. Reportedly, the Indian currency fell 38 paise to hit an all-time low of 81.

Rupee tumbles to a new record low. Closes at 81.62 per dollar

After the aggressive 75 basis points hike in interest rates by the US federal reserve, central banks across the globe hiked their key lending rates which sent jitters across the market. Rupee also touched all-time low against dollar.

US Fed rate hike sends jitters; dollar gains strength against other currencies

The rupee depreciated 44 paise and slipped below the 81-mark against the US dollar for the first time ever in early trade on Friday, weighed down by the strong American currency and risk-off sentiment among investors.

Indian rupee hits new low, slips below 81-mark against US dollar for the first time ever

After data revealed that UK retail sales plunged significantly in August as the rise in the cost of living continued to affect consumers, the pound dropped to a fresh 37-year low against the US dollar.

Pound hits new 37-year low as consumer spending falls, stokes recession chatter

Just a few months ago the Chinese Yuan was on the top, it was raining supreme despite war and inflation. For emerging markets it was a safe haven but now China's currency is struggling. It has tumbled to a two-year low against the dollar.

China escalates currency defense as Yuan sinks to two-year low

China’s central bank has sent a strong signal it wants to keep the Chinese yuan from weakening too quickly against the U.S. dollar by reducing the amount of foreign currency banks need to hold. Molly Gambhir tells you what this move means for Beijing.

WION Fineprint | Why China’s central bank is shoring up the Yuan

After Russia announced last weekend that Nord Stream 1 gas pipeline will remain shut indefinitely, the Euro on Monday slid below 99 cents for the first time in over 20 years.

Euro slips below 99 cents for the first time in over two decades

The yen plunged to a 24-year low versus the dollar on Thursday as markets battled inflation fears and another significant Chinese city went into lockdown. The world's stock indexes mainly declined during this day.

Japanese Yen tumbles to 24-year low against dollar as market grapples with inflation

The US dollar surged to a 20-year high against a basket of currencies on Monday after Federal Reserve Chair Jerome Powell signaled interest rates would be kept higher for longer to bring down soaring inflation.

US Dollar hits 20-year high as Fed flags higher rates for longer

The US dollar surged to a 20-year high against a basket of currencies on Monday after Federal Reserve Chair Jerome Powell signalled interest rates would be kept higher for longer to bring down soaring inflation.

Dollar hits 20-year high as Fed flags higher rates for longer

India and Argentina have agreed to firm up ties whilst simultaneously agreeing to increase engagement in defence and trade. The Latin American country has shown interest in India's indigenously developed TEJAS fighter aircraft, manufactured under the 'Make in India' campaign for its Air Force.

Argentina shows interest in India's Tejas fighter aircraft; wants to trade in local currencies too

European economies are in bad shape. The Euro has touched a new low against the Dollar. An energy crisis, rising inflation, and political uncertainty in some countries have raised the risk of recession. Will a global recession start in Europe? Palki Sharma tells you more.

Gravitas: World teetering on the edge of a global recession

On Monday, the dollar rose and US and European markets plummeted as concerns grew that efforts by central banks to rein in increasing consumer prices through inflation-busting interest rate hikes would undermine the world economy and trigger a recession.

Shares tumble, dollar advances as inflation-busting interest rate hikes trigger recession

On Thursday, several U.S. Federal Reserve officials pushed back against rumours that they might limit the pace of interest rate increases, which helped the dollar gain ground.

Dollar surges reversing previous two-week trend as Fed officials anticipate further rate hikes

Global stocks rose on Friday, on course for their best month since late 2020, as euro zone growth beat expectations, while the dollar dipped as traders await fresh U.

World stocks eye best month since late 2020, dollar dips

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