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From auto to banks to IT: Analysts pick top sectors after US Fed rate cut

Analysts say banks, auto, real estate, IT, pharma, and metal sectors look attractive after the US Federal Reserve's rate cut

US Fed cuts 50 bps rate: Here're key takeaways from Jerome Powell statement

US Fed rate cuts: The last time the Federal Open Market Committee (FOMC) cut by half percentage was in 2008 during the global financial crisis

Market today: All eyes on Federal Reserve's policy decision

Share market today: The US Fed's policy decision later today will be a major trigger for markets globally. Apart from that, release of economic data in some Asian markets will also be investors' radar

25 or 50: How much will the Fed cut rates to begin its policy easing cycle?

The FOMC meeting is widely expected to see policy rates reduced by 25 or 50 bps, but investors will also be looking at the Fed's commentary to determine the frequency and quantum of future rate cuts

Asian shares rise on Wall St tech boost, dollar extends gains on yen

Earlier in Asian trade, the yen had eased further to a low of 142.95, but was last flat at 142.40 per dollar, perhaps helped a little by hawkish comments from a senior Bank of Japan official

Bitcoin touches $65,000 mark on Powell pivot, streak of ETF flows

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

Share market today: US Fed rate, Israel war, Interarch IPO listing in focus

Latest readings of the US Federal Reserve's inflation data, RIL AGM, Q1 GDP data in focus during the week

Fed chief Powell confronts policy crossroads with all eyes on Jackson Hole

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

Chicago Fed prez Goolsbee warns against US Fed being overly restrictive

Goolsbee also cautioned against taking too much signal from a global stock market sell-off that accelerated on Monday, amid fears the US central bank has waited too long to begin cutting interest rate

US inflation data lifts global stock markets, lowers Treasury yields

The data likely sets the stage for the Fed to begin cutting rates in September, as the market widely expects

Rupee appreciates 4 paise to 83.57 against US dollar in early trade

The rupee appreciated 4 paise to 83.57 against the US dollar in early trade on Tuesday, supported by positive trend in domestic equities and foreign fund inflows. Forex traders said dollar demand from local importers limited the rupee's upward momentum. At the interbank foreign exchange market, the rupee opened at 83.59 and gained ground to trade at 83.57 against the greenback in initial deals, registering a rise of 4 paise from its previous closing level. On Monday, the rupee depreciated 10 paise to 83.61 against the US dollar. "The Indian rupee is currently caught in a tug-of-war between negative and positive forces, trading within a tight range," CR Forex Advisors MD Amit Pabari said, adding that continuous intervention by the Reserve Bank of India has helped prevent significant depreciation. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was at 104.33, higher by 0.14 per cent, driven by stronger-than-expected US Producer

Asia shares inch higher as investors confident about US Fed's Sept rate cut

Oil prices gained on strong summer fuel demand and potential supply disruptions from Gulf of Mexico hurricanes

US weekly unemployment claims rise, pointing to labour market slowdown

Initial claims for state unemployment benefits rose 4,000 to a seasonally adjusted 238,000 for the week ended June 29, the Labor Department said on Wednesday

Asia stocks stutter as investors ponder US rates outlook, euro gains

US stocks on Friday ended lower after an early rally fizzled

Boeing mishandled, lost track of up to 400 bad 737 parts: Whistleblower

The claims were detailed in a June 11 complaint by Boeing inspector Sam Mohawk with the Occupational Safety and Health Administration and were made public by a US Senate subcommittee on Tuesday

Some progress on inflation but just one rate cut this year likely: Fed

Federal Reserve officials said on Wednesday that inflation has fallen further toward their target level in recent months but signalled that they expect to cut their benchmark interest rate just once this year. The policymakers' forecast for one rate cut was down from a previous forecast of three, likely because inflation, despite having cooled in the past two months, remains persistently elevated. In a statement issued after its two-day meeting, the Fed said the economy is growing at a solid pace, while hiring has remained strong. The officials also noted that in recent months there has been modest further progress toward its 2 per cent inflation target. That is a more positive assessment than after the Fed's previous meeting May 1, when the officials said there had been a lack of further progress" on inflation. The policymakers, as expected, kept their key rate unchanged at roughly 5.3 per cent. The benchmark rate has remained at that level since July of last year, after the Fed .

Govt bond yields flattish with eyes on inflation data, US Fed guidance

The central bank will auction treasury bills worth Rs 12,000 crore ($1.44 billion) later in the day

Global central banks considering different interest-rate cut policies

ECB policymakers led by President Christine Lagarde have insisted they're comfortable plowing a separate furrow from the Federal Reserve

'Soft landing' hopes at stake as investors await key US inflation data

Fed Chairman Jerome Powell has downplayed the potential for rate hikes this year and recent data showed cooling in the labor market

Investors 'most bullish' since Nov 2021 on rate cut expectations: Survey

The survey of global fund managers with $562 billion in asset under management found 82% expect the first rate cut by the Federal Reserve in the second half