Page 51 - Us Federal Reserve

Gold hits more than one-week high as dollar slips boosting its demand

Spot gold was up 0.7% at $1,719.89 per ounce by 1230 GMT after rising to its highest since Aug. 30 at $1,729.29 earlier in the session

Rate rise fears prompt third week of global equity funds outflows

Global equity funds remained out of favour in the seven days to Sept 7 as a strong US services industry report fuelled concerns that the Fed would keep hiking interest rates to tame inflation

Dollar stabilises after steep climb, euro up by 0.52% on ECB rate hike

The dollar took a breather from its surging rally on Friday as markets digested yet more hawkish Fed speak, while the euro hung on to parity by an outsized rate hike from the European Central Bank

Gold, silver prices rise; silver jumps Rs 1,400, selling at Rs 54,200/kg

Ten grams of 22-carat gold is trading at Rs 46,650 today after rising Rs 250

Stocks, bond yields rise after record ECB rate hike of 75 basis points

Global stocks and government bond yields rose on Thursday after the European Central Bank raised interest rates by a record 75 basis points

Federal Reserve likely to go for another 75-bps rate hike this month

The US labor market has remained strong this year, with employers adding 315,000 jobs in August, a robust gain

European Central Bank to join US Fed in rate hikes amid record inflation

The European Central Bank is set to join the U.S. Federal Reserve in making a jumbo interest rate hike Thursday as it tries to stamp out record inflation although it risks worsening a recession that economists say is bearing down on Europe. The meeting of the bank's governing council is not about whether to raise rates for the 19 countries that use the euro currency, but by how much: between half a percentage point or three-quarters of a point, analysts say. The bank made its first increase in 11 years at its last meeting in July, raising rates by a half-point when it usually changes by only a quarter-point. The ECB, which once predicted no rate increases at all this year, has torn up its road map in the face of record inflation of 9.1% last month, which has been driven by skyrocketing prices for natural gas and lasted much longer than expected. Inflation is far above the bank's goal of 2% considered healthiest for the economy. The central bank's rationale for an increase of ...

US dollar gains as Fed doubles down on tightening stance; euro falls

Fed officials are soon due to enter a blackout period prior to the central bank's Sept. 20-21 meeting

ICICI, Axis, HDFC Bank lift Sensex 659 pts, Nifty near 17,800; metals dip

CLOSING BELL: Shree Cement, BPCL, Tech M, Axis Bank, M&M, ICICI Bank, Ultratech Cement, Bharti Airtel, Bajaj Finserv, and SBI gained in the range of 2 per cent to 5 per cent

Gold, silver prices decline in early trade, silver selling at Rs 52,800/kg

The price of silver dipped Rs 1,100 per kg with the metal trading at Rs 52,800

Chris Wood ups India stake; hikes allocation by 2% amid resilient stock mkt

In his Asia Pacific ex-Japan asset portfolio, allocation to Indian equities at 16 per cent is the second highest after his exposure to China, which stands at 31 per cent.

Wall Street rebounds as yields slip, focus on Fed path; Nasdaq up 1%

Data signaling strength in the US economy has prompted traders to bet on a 75-basis-point interest rate hike by the Fed later this month

Global stocks fall on Fed rate hike bets, yen drops to 24-year low

European stock markets opened in the red on Wednesday after US economic data prompted traders to ramp up Federal Reserve rate hikes bets, pushing the dollar to a 24-year high against the Japanese yen

Dollar hits 24-year peak against yen on bets for aggressive Fed tightening

The dollar hit a 24-year peak against the yen and reached new highs versus the Australian and New Zealand dollars on Wednesday after U.S. economic data reinforced the view on Fed policy tightening

Wall St extends losses as Fed worries remain; Bed Bath & Beyond shares sink

Bed Bath & Beyond shares sink after CFO's death; Wall Street coming off three straight week of declines

Rupee held its own despite sharp depreciation in other currencies: RBI Guv

Das said that the Indian rupee has "held its own" and moved in an "orderly manner at a time of sharp depreciation in other currencies"

RBI is anchoring expectations on rupee weakness, says Shaktikanta Das

He expects inflation to fall within tolerance band by January-March

India, US correlation weakens as equity markets take divergent path

The BSE Sensex has declined merely 2.5 per cent, even as the Dow Jones declined close to 8 per cent.

Wall Street Week Ahead: Defensives, energy, dividend plays gain favour

The S&P 500 is down 9% since mid-August, partially reversing a summer rebound after Federal Reserve Chair warned the central bank's single-minded fight against inflation could lead to economic pain

Rupee closes at 79.8 versus dollar amid rise in crude oil, hawkish Fed view

Rupee logs first weekly gain in four, outperforms all EM currencies