Issuers hold back, eyeing lower borrowing costs after Fed cut
Japan's Nikkei last traded 0.4 per cent higher, helped by gains in financial and consumer names
The price of 22-carat gold also fell Rs 10, with ten grams of the yellow metal selling at Rs 66,790
Focus turned to Wednesday's US inflation report as the next main indicator that could alter market pricing for the Fed's September meeting
Markets have fully priced in a rate cut of at least 25 bps at the Fed's policy decision due on Sept. 18, with expectations for a 50 bps remaining around 30%
The price of 22-carat gold also rose Rs 10, with ten grams of the yellow metal selling at Rs 67,210
The price of 22-carat gold fell Rs 10, with ten grams of the yellow metal selling at Rs 66,690
The price of 22-carat gold fell Rs 10, with ten grams of the yellow metal selling at Rs 67,040
History shows that stocks tend to perform far better when rate cuts come against a background of resilient growth instead of during a sharp economic slowdown
The remarks came hours after BOJ Governor Kazuo Ueda told parliament that while the BOJ will keep an eye out on the fallout from unstable markets
The yield on the benchmark 10-year government bond is expected to open around 4 basis points lower on Monday. It had settled at 6.86 per cent on Friday
The price of 22-carat gold fell Rs 10, with ten grams of the yellow metal selling at Rs 66,790
The price of 22-carat gold fell Rs 10, with ten grams of the yellow metal selling at Rs 66,590
Financial markets had a turbulent start to August after a slew of softer-than-expected US economic data
The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 65,660
The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 64,710
The Fed is an independent entity, and as president, I would never interfere in the decisions that the Fed makes, said Kamala Harris
The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 64,260
The price of 22-carat gold fell Rs 10, with ten grams of the yellow metal selling at Rs 63,490
The price of 22-carat gold fell Rs 10, with ten grams of the yellow metal selling at Rs 63,890