Page 29 - Us Federal Reserve

Analysts turn cautious on Asian markets; India remains an outlier

Indian markets, analysts believe, are an outlier and can still justify expensive valuations amid a likely recovery in corporate earnings going ahead

Global equities rise as traders await US Fed meeting, eye earnings

Wall Street opened higher. The S&P 500 gained 4.92 points, or 0.11%, to 4,374.63 and the gained 85.91 points, or 0.65%, to 13,376.69 by 10:56 a.m. ET (1456 GMT)

American workers want almost $79,000 salary to start new job: US Fed survey

For men the average reservation wage was about $91,000 - and for women it was $25,000 lower than that

'Bond yields could stay under pressure over the next 6 months'

The rupee could continue to see near-term volatility

IT, HDFC Bank, M&M send Sensex 202 pts down; Adani Ent gains 4%, RIL 1%

Stock Market LIVE: IT pocket led losses on the Sensex with HCL Tech, TCS, Wipro, Tech M and Infosys falling up to 1.2 per cent

Sensex falls 388 pts, Nifty holds 19,350 amid weak global cues; PSBs outrun

Closing Bell on August 17, 2023: On the upside, only the Nifty PSU Bank index (up 1.5 per cent) outperformed the markets

Global shares sink after US Fed notes dent hopes of rate hikes ending

Global stocks followed Wall Street lower Thursday after notes from a US Federal Reserve meeting dented hopes interest rate hikes are finished. London, Hong Kong, Paris and Seoul declined. Shanghai and Wall Street futures advanced. Oil prices rose. Wall Street's benchmark S&P 500 lost 0.8% on Wednesday after minutes from the Fed's latest meeting suggested board members are unsure what to do after raising their key lending rate to a two-decade high. Traders had hoped the board would decide inflation was under control and last month's rate hike was the last. Fed officials face a tough balancing act between the risk of an inadvertent over-tightening of policy against the cost of an insufficient one, said Tan Boon Heng of Mizuho Bank in a report. In early trading, the FTSE 100 in London fell 0.3% to 7,332.01. The CAC 40 in Paris lost 0.4% to 7,233.00 and the DAX in Frankfurt retreated 0.3% to 15,738.25. On Wall Street, futures for the S&P 500 and the Dow Jones Industrial Average ...

Fed officials divided in July over need for more rate hikes, minutes show

In general, the minutes said, Fed policymakers agreed that the level of uncertainty remained high, and that future interest rate decisions would depend on the "totality" of data arriving

Use price dips for 10% allocation as gold continues to lose lustre

Use price dips to build a 10% allocation to gold

Sensex rebounds 507 pts from lows, ends 138 pts up; auto, IT stocks gain

Closing Bell on August 16, 2023: The shares of SBFC Finance, which debuted on Wednesday at a premium of 44 per cent, settled at Rs 92.2 per share, up nearly 62 per cent over issue price

China's economic slowdown a 'risk factor' for US Economy: Janet Yellen

"That said, I feel very good about US prospects overall. Let's call that a risk," she said, referring to China

Near-term inflation outlook at lowest since 2021 in US Fed survey

The findings are in line with other reports showing that price pressures and consumers' inflation expectations are cooling

Expect status quo, both for rate and policy stance

RBI has committed to remain nimble in its liquidity management, ensuring adequate resources are available for growth and orderly completion of govt's record Rs 15.43 tn market borrowing programme

Top headlines: Mkts to focus on Q1 earnings, insurgent held in Manipur

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US inflation data may offer some comfort to the Fed, CPI may rise 0.2%

Compared with a year earlier, the Labor Department's underlying gauge is forecast to rise 4.8 per cent, according to the median projection in a Bloomberg survey of economists

BoE set to join Fed in raising interest rates again amid high UK inflation

The Bank of England is set to raise interest rates Thursday for the 14th time in a row to a fresh 15-year high and keep the door open for further increases in the months to come as it tries to tamp down persistently high inflation. Most economists think the UK central bank will increase its benchmark rate by a quarter of a percentage point, to 5.25 per cent. There had been fears, certainly among hard-pressed households and businesses, that the bank would repeat its outsized half-point increase from June. But figures last month showing that inflation fell more than anticipated to 7.9 per cent eased the pressure to act as aggressively again. With inflation still four times the 2 per cent target, the Bank of England has little choice but to raise the bank rate again and leave the door open to further hikes in upcoming meetings, said Kallum Pickering, senior economist at Berenberg Bank. Though the US Federal Reserve and the European Central Bank raised rates last week, they are thought

European Central Bank hikes interest rates for 9th time to combat inflation

The European Central Bank raised interest rates for the ninth straight time in its yearlong campaign to stamp out painfully high inflation, even as worries about recession fuel speculation that Thursday's hike could be its last. ECB President Christine Lagarde had all but promised the quarter-percentage point increase. That puts the focus at her post-meeting news conference on whether the bank will raise rates again at its September meeting or hold off after a record series of rate hikes. Central banks around the world have been raising borrowing costs to combat inflation unleashed by higher energy prices after Russia invaded Ukraine and supply chain backups as the global economy recovered from the coronavirus pandemic. Now, the question is whether the rapid rate hikes are reaching their end. The ECB move followed a decision by the US Federal Reserve on Wednesday to raise its key rate for the 11th time in 17 months.

Day after Fed decision: Govt bonds slip from highs, rupee strengthens

The yield on the benchmark 10-year bond settled at 7.12 per cent, compared to 7.10 per cent on Wednesday

Sensex drops 440 pts on Thursday; Nifty ends July F&O series 3.6% higher

CLOSING BELL ON JULY 27, 2023: Sectorally, auto and energy shares bore brunt of the selling, while pharma and realty stocks ended with smart gains on Thursday.

Top headlines: Foxconn in talks for $200 mn plant in TN, Fed hikes rates

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