Page 9 - Us Federal Agency
Gold near 8-month high as dovish Fed minutes weigh on dollar, yields
Spot gold was flat at $1,868.09 per ounce, as of 0331 GMT, hovering near its June high of $1,879.48 hit on Tuesday
 "Gold near 8-month high as dovish Fed minutes weigh on dollar, yields")
Regulators probe block trading at Goldman, Morgan Stanley, others
Federal investigators have launched a probe into block trading at Wall Street hedge funds and banks including Morgan Stanley and Goldman Sachs Group
 "Regulators probe block trading at Goldman, Morgan Stanley, others")
Stock rally loses steam in Asia as US inflation test looms
The performance in Asian stocks was sharply divided between Chinese equities and the rest of the region
 "Stock rally loses steam in Asia as US inflation test looms")
US Fed's reverse-repo facility usage up to record $1.08 trillion
The amount of cash investors are parking at a major Federal Reserve facility surged above $1 trillion once again amid an overabundance of US dollars
 "US Fed's reverse-repo facility usage up to record $1.08 trillion")
US Treasury yields extend rising run on Federal Reserve's taper talk
The dollar also scaled a four-month high versus the euro
 "US Treasury yields extend rising run on Federal Reserve's taper talk")
Biden directs US federal agencies to mitigate financial risk from climate
President Joe Biden is directing federal agencies to develop a comprehensive strategy to identify and manage financial risks to government and the private sector posed by climate change
 "Biden directs US federal agencies to mitigate financial risk from climate")
US Fed officials emphasise policy 'patience' as market outlook improves
The Fed will need a "big dose of patience in the summer," she added, as inflation likely picks up sharply but temporarily
 "US Fed officials emphasise policy 'patience' as market outlook improves")
Dollar sinks after US Fed cut interest rates to battle Coronavirus
In a statement, the central bank said it was cutting rates by a half percentage point to a target range of 1.00 per cent to 1.25 per cent
 "Dollar sinks after US Fed cut interest rates to battle Coronavirus")
Trump's deficit economy
Redistribution from the bottom to the top reduces aggregate demand, because those at the top spend a smaller fraction of their income than those below
 "Trump's deficit economy")
Willing to break up major tech companies, says FTC Chairman Joe Simons
Simons said an agreement between the FTC and the Justice Department to divide scrutiny of the tech industry is based on specific conduct, not on the companies themselves
 "Willing to break up major tech companies, says FTC Chairman Joe Simons")
US govt agency to help India build carbon capture storage, utilisation tech
A US federal agency has tied up with an Indian engineering consultancy services firm to advance the adoption, use and research on commercial scale coal gasification and develop carbon capture storage and utilisation technologies in India. Through its partnership with MN Dastur & Co, a premier consulting firm in the metals, mining and energy sector, the US Department of Energy and its National Carbon Capture Center (NCCC) envisions to accelerate the participation of government of India institutions and the Indian private and state enterprises in the development and commercialisation of technologies to reduce greenhouse gas emissions, a media release said yesterday. As part of the agreement, the NCCC will offer knowledge sharing by its world-class neutral test centre to advance carbon capture technologies relevant to the Indian context, which could then be implemented by the private and state enterprises in India, it said. "Economically attractive hyper-scale coal gasification based
