Page 10 - Us Fed

Banks borrow $164.8 billion from US Fed in rush to backstop liquidity

The data also showed $11.9 billion in borrowing from the Fed's new emergency backstop known as the Bank Term Funding Program, which was launched Sunday

Most APAC fin institutions immune to US bank failure, rising rates: Moody's

Most Asia Pacific financial institutions are not exposed to the failed US banks and are not as susceptible to large losses from debt security holdings as Silicon Valley Bank was, Moody's said on Tuesday. On March 12, US regulators closed Signature Bank, just two days after shutting Silicon Valley Bank, following mass withdrawals of customer deposits from these regional banks. Moody's Investors Service said these events are likely to result in a tightening of liquidity in debt markets globally as investors grow wary. However, the impact will be limited for most rated financial institutions in Asia-Pacific (APAC) because of structural factors. "Also, most APAC institutions are not exposed to the failed US banks, and only a handful of institutions has immaterial exposures. Finally, most institutions are not as susceptible to large losses from debt security holdings as Silicon Valley Bank was," Moody's said. The US-based rating agency said rated banks in APAC structurally have stable .

SVB collapse: Large domestic deposits cushion Indian banks, say analysts

Mark-to-market impact on Indian banks seen limited thanks to HTM provisioning

Here's everything we know about how the Fed is handling the SVB crisis

Fearing contagion would upend the industry, the US Federal Reserve, Treasury Department and Federal Deposit Insurance Corp. moved quickly over the weekend to protect customer deposits

How to approach IT stocks amid tighter monetary policy, recession fears?

According to Jefferies, analysts' consensus revenue growth estimates for CY24 have been lowered for top clients of all IT firms, barring Wipro, with the highest cuts for HCL Tech and Tech Mahindra

Global mkts fully pricing in Fed hike to 5.5%; Indian equities at risk: UBS

India, according to them, is among the more sensitive markets to US rates, and demonstrates the most sensitivity to local rates given higher influence of domestic flows into the market

Blowout jobs: A headache for Federal Reserve, or a back-to-2019 gift?

The dissonance in the data will be a key puzzle for policymakers to resolve as they plot their next interest rate moves

Bulls stage turnaround on Monday; key reasons why Sensex rallied 850 pts

The market sentiment got a boost from jobs and services data in the US, which hinted at a cooling economy prompting bullish bets from investors

Sensex sinks 637pts, gives up 61K, Nifty near 18K; Realty, Metals top drags

CLOSING BELL: TCS, Maruti, Divis's Labs, HDFC Life and Dr Reddy's were among the handful of stocks that held minor gains

Crude oil falls almost 3%, still set for weekly gain on demand hopes

The US Federal Reserve indicated it will raise interest rates further next year, even as the economy slips toward a possible recession. On Thursday, the Bank of England and the European Central Bank r

Fed lifts rates by half percentage point, sees economy nearing stall speed

Only two of 19 Fed officials saw the benchmark overnight interest rate staying below 5% next year

Sensex down 208 pts, Nifty below 18,650 day head of RBI decision; PSBs gain

CLOSING BELL: Among sectors, the Nifty IT index fell 1.5 per cent, while the Nifty PSU Bank index gained 1.2 per cent

Crypto wrap: Positive commentary from Jerome Powell keeps market stable

In the last 7 days, Bitcoin (BTC) rose over 3 per cent and was trading at $16,970 on Friday. Ethereum (ETH) was up nearly 9 per cent and was trading at $1,280

Benchmarks extend record breaking run; Nifty tops 18,800; IT, metals shine

CLOSING BELL: Global cues triggered by Powell's positive remarks boosted sentiment. The Sensex scaled a new high at 63,583, while the Nifty 50 came within striking distance of 18,900 on Thursday.

US Fed needs to cut interest rates immediately as recession looms: Musk

Elon Musk on Wednesday said the US Federal Reserve needs to immediately cut interest rates as a severe recession is looming, ahead of the speech by Fed Chair Jerome Powell at a US event on the outlook

Over Rs 5,000-cr IPOs may hit mkts in Dec as investor sentiment perks up

Primary market momentum seen sustaining in an otherwise 'lacklustre' month

S&P Global Ratings lowers India's FY23 GDP growth forecast to 7%

Says domestic demand recovery will support growth

Nifty, Sensex close at fresh lifetime highs after sharp late surge

US Fed minutes indicate slower pace of rate hikes, investors cheer

Will Sensex and Nifty scale new highs before 2022 ends?

Key benchmark indices are now within a striking distance of touching all-time highs after Friday's rally. Let's delve into the factors that can lead the benchmarks to new summits in the near term

TMS Ep296: Stubble fires, Douglas Diamond, markets, RBI letter to govt

Why can't Punjab put out stubble fires? What does Douglas Diamond think of dominance of PSBs? Is geopolitics a big worry for markets? Why RBI has to write to the govt over inflation? Answers here