This Fed rate-increase cycle, which has already delivered a total of 3 percentage points in just over six months, is the most front-loaded one in a long time
Profit-booking comes to play, investors dump FMCG, pvt banking stocks
The bond market is enduring its worst selloff in a generation, triggered by high inflation and the aggressive interest-rate hikes that central banks are implementing
Gold competes with the dollar a safe store of value and gains in the currency also make bullion unattractive for overseas buyers
US and European shares rose on Monday as signs of a cooling U.S. economy raised hopes that the Federal Reserve will slow its pace of rate hikes
Spot gold fell 0.6% to $1,647.17 per ounce by 0922 GMT. U.S. gold futures eased 0.3% to $1,651.40
The dollar roared to 149.70 yen in early trade before hastily retreating to 145.28 in a matter of minutes in what traders and analysts said appeared to be at the hands of the Bank of Japan
Musk agreed to pay $44 billion for Twitter in April before the Federal Reserve started raising interest rates to fight inflation
RBI not yet seen intervening heavily for the rupee, expected to step in around 83.40/$1 mark
A sustained recovery in Asian markets, Nomura said, will largely depend on how the Covid situation and the ensuing curbs put in place to combat the pandemic in China plays out going ahead
The dollar has climbed roughly 15% this year as the Federal Reserve embarked on an aggressive campaign to raise interest rates to tamp US price increases.
The flows from FPIs have been inconsistent over the last few months as they kept on changing their stance frequently tracking the fast-changing investment scenario
He says that the market valuation premium over emerging market (EM) peers is around 70% versus the long-term average of nearly 40%
High inflation will keep the markets on edge as they were hoping that the global central banks, especially the US Fed and the RBI will go soft on rate hikes over the next few months
Growing anticipation of another oversized US Federal Reserve interest rate hike kept the bullion on track for a weekly decline
Inflation in the United States accelerated in September, with the cost of housing and other necessities intensifying pressure on households, wiping out pay gains and ensuring that the Federal Reserve will keep raising interest rates aggressively. Consumer prices, excluding volatile food and energy costs, jumped 6.6 per cent in September from a year ago the fastest such pace in four decades. And on a month-to-month basis, such core prices soared 0.6 per cent for a second straight time, defying expectations for a slowdown and signalling that the Fed's multiple rate hikes have yet to ease inflation pressures. Core prices typically provide a clearer picture of underlying price trends. Overall prices rose 8.2 per cent in September compared with a year earlier, down slightly from August, the government said on Thursday in its monthly inflation report. But from August to September, prices increased 0.4 per cent, faster than the July-to-August increase. Though cheaper gas helped slow the
Jamie Dimon said the Federal Reserve probably can't cool the red-hot economy without bringing on a recession.
Here is the best of Business Standard's opinion pieces for today
Gold's outperformance over equity has been even better in the international market, thanks largely to a big sell-off in equities in advanced economies such as the US and Western Europe
To stay safe, keep bulk of portfolio in shorter-duration or target maturity funds