Page 60 - Us Federal Reserve
Markets snap 6-day winning streak over Fed anxiety; Sensex falls 306 pts
More than the Fed's hike, it is the commentary that would impact market sentiment
 "Markets snap 6-day winning streak over Fed anxiety; Sensex falls 306 pts")
Dow Jones rises at start of big earnings week, Microsoft drags Nasdaq
The S&P 500 was up 5.49 points, or 0.14%, at 3,967.12, while the Nasdaq Composite was down 26.93 points, or 0.23%, at 11,807.19
 "Dow Jones rises at start of big earnings week, Microsoft drags Nasdaq")
US Fed expected to raise rates by 0.75 percentage points in July: Report
The report also showed a sharp rise in so-called core inflation - which strips out the volatile food and energy sectors - led by higher rent and shelter costs.
 "US Fed expected to raise rates by 0.75 percentage points in July: Report")
TMS Ep222: Bull run returns, gender pay gap in sports, US Fed meeting, I2U2
What drove the bull run in the markets? Why women sports persons get paid less than men? What to expect from the upcoming US Fed meeting? What's the geopolitical implication of I2U2? Answers here
 "TMS Ep222: Bull run returns, gender pay gap in sports, US Fed meeting, I2U2")
What drove the bull run in the markets last week?
Benchmark indices soared over 4% last week. Return of foreign investors and easing in commodity prices breathed a new life into the Indian equities. Know more about this bull run
 "What drove the bull run in the markets last week?")
Street Signs: Stocks in overbought territory, PVR shares flat, and more
Markets are expected to remain volatile on opening as they absorb the results of Reliance Industries and Infosys
 "Street Signs: Stocks in overbought territory, PVR shares flat, and more")
Federal Reserve may go easy after 75 basis-point rate hike next week
Powell has said either 50 or 75 basis points would be on the table at the Fed's July 26-27 meeting
 "Federal Reserve may go easy after 75 basis-point rate hike next week")
Sensex at 85,000; Nifty at 25,000 by 2024? It's very much possible
However, for the markets to achieve this ambitious target, a number of variables at the fundamental level first need to fall into place to complete the jigsaw puzzle
 "Sensex at 85,000; Nifty at 25,000 by 2024? It's very much possible")
US existing homes sales fall to a two-year low as prices hit record high
Contract closings fell 5.4% from May to an annualized 5.12 million, figures from the National Association of Realtors showed Wednesday.
 "US existing homes sales fall to a two-year low as prices hit record high")
Investor sentiment in doldrums, growth optimism hits record low: BofA study
Survey shows while inflation is seen falling, mood is stagflationary; recession expectations highest since May 2020; global growth and profits at all-time lows, cash levels highest since 9/11 attacks
 "Investor sentiment in doldrums, growth optimism hits record low: BofA study")
Investment via P-notes drops to Rs 80,092 cr in Jun; volatility to continue
Investment in the Indian capital markets through participatory notes (P-notes) declined to Rs 80,092 crore till June-end, making it the lowest level in 20 months
 "Investment via P-notes drops to Rs 80,092 cr in Jun; volatility to continue")
US is exporting inflation, and Federal Reserve hikes will make it worse
With rates in the US rising much faster than in the eurozone and Japan, the dollar is soaring
 "US is exporting inflation, and Federal Reserve hikes will make it worse")
Euro at one-week high, rowback in Fed rate hike bets knocks dollar
The comments late last week knocked the dollar off two-decade highs and boosted global stocks and non-dollar currencies, especially the euro.
 "Euro at one-week high, rowback in Fed rate hike bets knocks dollar")
Goldman Q2 profit halves but beats estimates as fixed-income trading shines
Investment banking revenue fell 41% to $2.14 billion in the quarter
 "Goldman Q2 profit halves but beats estimates as fixed-income trading shines")
IMF to slash global economic growth outlook 'substantially' at next review
The IMF already downgraded its outlook for the global expansion this year to 3.6 per cent, from 4.4 per cent before the war in Ukraine, in its April report
 "IMF to slash global economic growth outlook 'substantially' at next review")
Muted impact of Fed's Taper 2 on India due to strong external position: RBI
The impact of US Federal Reserve's announcement in November last year to taper its asset purchases was "moderate" on Indian financial markets largely due to the country's strong external position
 "Muted impact of Fed's Taper 2 on India due to strong external position: RBI")
Surprise tightening in Asia increases pressure on dovish central banks
Singapore and the Philippines both tightened their monetary policies in emergency moves after data showed inflation in the US was running hot and the Federal Reserve was considering another large hike
 "Surprise tightening in Asia increases pressure on dovish central banks")
As Fed heads toward 75-basis pt rate hike, officials wary of bigger move
Interest-rate futures contracts currently imply a roughly one-in-six chance that the Fed will hike rates by a full point this month, with a 75 basis-point hike regarded as certain
 "As Fed heads toward 75-basis pt rate hike, officials wary of bigger move")
Unsafe haven: Gold set for fifth weekly loss as US dollar strengthens
Spot gold was down 0.3% at $1,704.99 per ounce, as of 0916 GMT, and lost 2.2% so far this week. U.S. gold futures eased 0.2% to $1,701.90.
 "Unsafe haven: Gold set for fifth weekly loss as US dollar strengthens")
No relief for markets as Fed gets aggressive to tame inflation: Chris Wood
The latest consumer inflation (CPI) print in the US for June came in at 9.1 per cent - the highest reading since 1981, and surpassed most analysts' expectations, who had pegged this at 8.8 per cent
 "No relief for markets as Fed gets aggressive to tame inflation: Chris Wood")