Page 39 - Us Federal Reserve

Gold gains on softer dollar as markets await US inflation data: Report

Gold prices rose on Thursday to near an eight-month peak, helped by a weaker dollar, as investors braced for a U.S. inflation report expected to provide clues to the Federal Reserve's rate-hike path

Federal Reserve has only narrow role to play on climate change: Powell

The Federal Reserve has only a limited role to play in combating climate change, Chair Jerome Powell said Tuesday, a stance that puts him at odds with environmental activists who have pushed central banks worldwide to take steps to restrict lending to energy companies. Without explicit congressional legislation, it would be inappropriate for us to use our monetary policy or supervisory tools to promote a greener economy or to achieve other climate-based goals, Powell said in prepared remarks to be delivered during a panel discussion in Stockholm hosted by Sweden's central bank. We are not, and will not be, a 'climate policymaker.' " In his written remarks, Powell stuck to the topic of central bank independence, the subject of the panel, and did not comment on the Fed's interest rate policies. Climate activists have pushed central banks, including the Fed, to use their supervisory powers over commercial banks to push for greater consideration of environmental risks in lending. Natu

Asian shares subdued, dollar steady as focus remains on US CPI data

US stocks ended higher as investors heaved a sigh of relief after Powell refrained in a speech from commenting on rate policy but said the Fed's independence was essential for it to battle inflation

Markets decline on hawkish Fed signals; Sensex slips 632 points

FPIs sell shares worth Rs 2,109 crore

Oil prices stable as market awaits clarity on US Fed interest rate hike

A weaker dollar can boost demand for oil, as dollar-denominated commodities become cheaper for holders of other currencies

Gold prices steady as investors focus on Powell speech for rate guidance

Powell is scheduled to speak at a central bank conference in Stockholm at 1400 GMT, ahead of key US inflation data on Thursday

Global economy may be entering a difficult era and economists are worried

The warnings of longer-term trouble come as investors are growing somewhat more hopeful of the Federal Reserve's ability to rein in sky-high inflation without causing a recession

World stocks soar, investors pare rate bets after US jobs data

Wall Street sparked a global rally in stocks on Friday after a crucial US jobs report showed wage growth slowed in December, fueling investor bets that inflation is easing

Indian shares drop 1% on earnings as US data indicates rise in Fed rate

US data showed private employers hired more workers than expected in December, suggesting strength in the labour market that could allow the Fed to boost interest rates

Dollar jumps on strong US employment data; yen rebounds dramatically

The dollar was last up 0.65% against the euro at $1.0536, and up 0.91% against the Japanese yen at 133.81

Global shares rise as sentiments get boost from Federal Reserve, US jobs

Global shares mostly rose Thursday following a rally on Wall Street as investors assessed minutes from the Federal Reserve's latest meeting of policymakers and welcomed encouraging data on US jobs. France's CAC 40 lost 0.6 per cent to 6,736.01 in early trading, while Germany's DAX fell 0.4 per cent to 14,438.94. Britain's FTSE 100 edged up 0.1 per cent to 7,595.23. US shares were set to drift higher with Dow futures up 0.3 per cent to 33,389.00. S&P 500 futures rose 0.5 per cent to 33,389.00. Worries over China's economic slowdown were weighing on Asian regional sentiment. Japan's benchmark Nikkei 225 rose 0.4 per cent to finish at 25,820.80. Australia's S&P/ASX 200 edged up nearly 0.1 per cent to 7,063.60. South Korea's Kospi added 0.4 per cent to 2,264.65. Hong Kong's Hang Seng jumped 1.3 per cent to 21,052.17, while the Shanghai Composite gained 1.0 per cent to 3,155.22. India's Sensex declined 1 per cent. Widespread COVID-19 cases in China have added to gloom over a ...

Sensex ends 304 pts lower at 60,353, Nifty below 18K; Bajaj Finance down 7%

CLOSING BELL: Broader markets, meanwhile, outperformed benchmark indices as Nifty MidCap 100 and Nifty SmallCap 100 indices rose up to 0.4 per cent

Dollar roughly flat in choppy trading after Fed minutes offer few surprises

The dollar surged in 2022 as the Fed hiked interest rates aggressively, luring investors towards higher-yielding US assets

Gold prices rise to mid-June highs as markets look to US Fed minutes

The market now awaits the 2 p.m. EST release of the minutes from the Fed's Dec. 13-14 policy meeting

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

Stocks creep higher as inflation data offers hope ahead of US Fed minutes

Investors will parse the minutes to figure out whether more policy tightening is likely

US regulators issue their first-ever joint warning on cryptocurrency risks

Banks were also cautioned over the "contagion risk" from the sector

World markets mostly gain ahead of Federal Reserve report, US jobs data

Global stock markets and Wall Street futures were higher Tuesday ahead of updates on US jobs amid fears of a possible global recession. Frankfurt, Shanghai and Hong Kong advanced. Seoul declined. Oil prices rose. Coming off a year of big declines for major stock markets, traders worry the Federal Reserve and other central banks might be willing to push the world into recession to cool inflation that is at multi-decade highs. Investors also are uneasy about the impact of Russia's war on Ukraine and China's COVID-19 outbreaks. Almost everyone is going into 2023 with a healthy dose of trepidation, Craig Erlam of Oanda said in a report. The DAX in Frankfurt opened up 0.2 per cent at 14,093.38 while the CAC-40 in Paris was unchanged at 6,594.63. On Wall Street, the futures for the benchmark S&P 500 index and the Dow Jones Industrial Average were up 0.5 per cent ahead of 2023's first day of US trading. The S&P 500 ended 2022 down 19.4 per cent, its biggest decline since the 2008 ...

Sensex ends 126 pts higher, Nifty atop 18200; HDFC Life soars 4%, TCS 1%

CLOSING BELL: Broader markets, meanwhile, outperformed benchmark indices as Nifty MidCap 100 and Nifty SmallCap 100 indices surged up to 0.2 per cent

Gold prices jump to six-month peak in thin trade ahead of Fed minutes

Gold prices hit a six-month high on Tuesday in thin trading, with the market's attention turning to minutes from the US Federal Reserve's latest policy meeting due this week