Page 7 - Rate Cuts
Dollar recovers some losses as traders scale back bets of big Fed rate cut
Focus turned to Wednesday's US inflation report as the next main indicator that could alter market pricing for the Fed's September meeting
 "Dollar recovers some losses as traders scale back bets of big Fed rate cut")
Why stock prices don't always rise when the US Fed cuts interest rates
Of the many forces shaping stock prices, economic growth, corporate profits, and valuation are paramount. These deserve more attention than interest-rate movements alone
 "Why stock prices don't always rise when the US Fed cuts interest rates")
Share Market Today: RIL nod for bonus, US jobs data, Bazaar Style IPO eyed
Share Market Today: US payroll data for August will decide the quantum of the upcoming rate cut. That apart, RIL's bonus approval, and Bazaar Style IPO listing will be on investors' radar
 "Share Market Today: RIL nod for bonus, US jobs data, Bazaar Style IPO eyed")
Bank of Canada cuts rates for third time to 4.25%, frets over weak growth
Wednesday marked the third consecutive cut, with the bank citing continued easing in broad inflationary pressures
 "Bank of Canada cuts rates for third time to 4.25%, frets over weak growth")
Nomura expects RBI to pivot to rate cuts from Oct amid weakening growth
Data released on Friday showed India's gross domestic product (GDP) grew at a slower-than-expected pace of 6.7 per cent on an annual basis in the April-June quarter
 "Nomura expects RBI to pivot to rate cuts from Oct amid weakening growth")
Emkay ups Nifty Sept 2025 target to 26,000; 'extended' sideways move likely
Emkay Global has raised the Nifty50 target to 26,000 for September 2025 on the back of rate cuts, revival in rural consumption, and earnings growth
 "Emkay ups Nifty Sept 2025 target to 26,000; 'extended' sideways move likely")
Asian shares set for solid monthly gain, dollar dips on US rate cut bets
Solid growth and resilience in the world's largest economy trumped investors' disappointment on Nvidia's underwhelming results
 "Asian shares set for solid monthly gain, dollar dips on US rate cut bets")
Asian shares slip amid US rate cut hopes, Mideast tensions sap confidence
Gold prices were just shy of a record peak, while the dollar firmed and the yen hovered near its highest
Likely to lose 1% of GDP growth in FY25, FY26 due to rate-cut delay: Varma
The only available yardstick for evaluating the tightness of monetary policy is the real interest rate. The nominal repo rate is useless for this purpose
 "Likely to lose 1% of GDP growth in FY25, FY26 due to rate-cut delay: Varma")
Rupee dips, forward premiums rise as Fed rate cuts appear nearly certain
Foreign outflows from Indian equities are compounding the rupee's woes
 "Rupee dips, forward premiums rise as Fed rate cuts appear nearly certain")
As US Fed hints at rate cut speculation begins among central bankers
Inflation and the labor market have both cooled appreciably since then, and Fed Chair Jerome Powell says policymakers think the time for cutting the policy rate is approaching
 "As US Fed hints at rate cut speculation begins among central bankers")
Welcome to the 'yes, but' cycle of rate cuts
The global economy is on the cusp of a sustained easing, though not necessarily a dramatic sequence of rate cuts
 "Welcome to the 'yes, but' cycle of rate cuts")
RBI expected to hold rates, markets seek hints on possible future cuts
Investors are hopeful the RBI will soften its stance on inflation following the recent souring of global market sentiment
 "RBI expected to hold rates, markets seek hints on possible future cuts")
RBI to hold interest rates steady in August, first cut expected in Q4: Poll
A sharp spike in food prices drove inflation in Asia's third-largest economy to a five-month high of 5.08 per cent in June
 "RBI to hold interest rates steady in August, first cut expected in Q4: Poll")
US will be bigger growth engine than Europe for Persistent System, says CEO
Kalra is confident that North America will continue to be a growth engine for the company going forward
 "US will be bigger growth engine than Europe for Persistent System, says CEO")
China conducts surprise rate cuts in efforts to support weak economy
The cuts come after China last week reported weaker-than-expected second-quarter economic data and its top leaders met for a plenum that occurs roughly every five years
 "China conducts surprise rate cuts in efforts to support weak economy")
Asian shares tread cautiously; Wall St unfazed as Joe Biden bows out
Investors seemed well-prepared for news that US President Joe Biden had dropped out of the election race and endorsed Vice President Kamala Harris for the Democratic ticket
 "Asian shares tread cautiously; Wall St unfazed as Joe Biden bows out")
EU Central Bank rates seen firmly on hold, but door to Sept cut still open
Analysts say the rate-setting council will leave a decision on lower rates for the September meeting, after an initial quarter-percentage point cut at the June 6 meeting
 "EU Central Bank rates seen firmly on hold, but door to Sept cut still open")
Toronto home sales rise in June after four straight months of decline
The Bank of Canada cut rates by 0.25 per cent to 4.75 per cent in early June, saying monetary policy no longer needed to be as restrictive
 "Toronto home sales rise in June after four straight months of decline")
Asian stocks rise on expectations of rate cuts, yen stays near 38-year lows
The US is back on a disinflationary path, Powell said on Tuesday, although he cautioned that policymakers need more data