US Fed rate cut: Asian equities, however, saw meaningful gains Thursday morning where Indian stock market hit fresh record highs
If the US Federal Reserve (US Fed) rate cut is combined with a weaker dollar then the EMs (ex-China) should do well
Policymakers see the Fed's benchmark rate falling by another half of a percentage point by the end of this year, and another full percentage point in 2025
History suggests that the start of a rate-cut cycle alone is not a reliable trigger for market rallies
Market participants said that the demand for ultra-long government securities will continue given the favourable demand-supply dynamic
Traders now see just a 15 per cent chance of a half-point rate cut at the Fed's Sept. 17-18 policy-setting meeting
Bank executives this week softened investor hopes ahead of a widely expected interest rate cut by the Federal Reserve, as well as persistent worries over the economy
In the 12 months through August, the CPI advanced 2.5 per cent. That was the smallest year-on-year rise since February 2021 and followed a 2.9 per cent increase in July
The draft Basel rule, first unveiled in July 2023, overhauls how banks with more than $100 billion in assets calculate the amount of capital they must put aside to absorb potential losses
The 1-month non-deliverable forward indicated that the rupee will open at 83.90 to the US dollar
The largest digital asset rose as much as 1.2 per cent to $65,030 on Monday before dipping back to $63,780 as of 9:19 a.m. in New York
Powell's signal of coming rate cuts completed a Fed shift that began in January when it acknowledged emerging job market risks
On Friday, Powell will again deliver his most important policy speech of the year from that closely watched stage
The hotly anticipated speech at the Fed's annual gathering in Jackson Hole, Wyoming, comes at a high stakes moment for the US central bank and the $27 trillion Treasury market
The dollar touched a seven-month low on Tuesday with traders bracing for comments from Federal Reserve Chair Jerome Powell on Friday
Bullion climbed to as high as $2,531.75 an ounce, taking this year's gain to more than 22 per cent, before giving up some of the advance
The minutes of the Fed's July meeting, due on Wednesday, and Powell's speech on Friday are likely to be the main currency drivers in a week that will also see inflation data from Canada and Japan
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
At the end of July the Fed kept the policy rate in the same 5.25 per cent-5.50 per cent range it has been for more than a year, but signaled that a rate cut could come as soon as September
Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5 per cent on Thursday, and wait for more macroeconomic data before taking a call on rate cut in line with expectations, experts said. The US Federal Reserve has decided to maintain a status quo on its interest rate for now and indicated there could be monetary policy easing in the coming months. Amid persisting inflationary pressures, RBI will be closely tracking the US monetary policy trajectory before changing its stance on interest rate, which has remained unchanged since February 2023, experts opined. The Monetary Policy Committee (MPC) may also refrain from rate cut as economic growth is picking up, notwithstanding the elevated interest rate of 6.5 per cent (repo rate). The meeting of the Reserve Bank Governor Shaktikanta Das headed MPC is scheduled for August 6 to 8. Das will announce the decision of the rate-setting panel on August 8 (Thursday). The central bank last hiked the repo rate to 6.5 pe