Page 67 - Us Federal Reserve

Biggest treasury buyer outside US quietly offloads nearly $60 bn

The latest data from BMO Capital Markets show the largest overseas holder of Treasuries has offloaded almost $60 billion over the past three months

US Fed's closely watched inflation measure continues to surge 6.6% in March

Excluding the volatile food and energy, the core PCE price index increased 5.2 per cent in March from a year ago, compared with 5.3 per cent in February, Xinhua news agency reported

US stocks are likely to be hit by a wave of redemptions, warns Chris Wood

This process, according to Wood, is already well underway with Netflix now down 69 per cent year-to-date (YTD)

Asian shares logged moderate gains after wobbly day on Wall Street

The US Federal Reserve has begun raising interest rates to counter surging inflation and investors have been selling yen to seek higher returns in dollar-denominated assets

Global economic growth risks jolt inflation-obsessed financial markets

The International Monetary Fund and World Bank fanned growth fears further last week when they cut 2022 global forecasts by nearly a full percentage point

RBI to hike repo rate in June, earlier than previously thought: Poll

RBI Repo rate hike: Retail inflation will likely soar further as a spike in global energy prices since Russia's invasion of Ukraine seeps into consumer prices

Will markets absorb Fed's half-point whiplash?

At 8.5%, the US is feeling the inflation heat. After the US Fed Chief hinted at a 50-bps rate hike in May, the Indian markets crashed last Friday. Does this mean a bearish market for investors ahead?

Fed chief Jerome Powell pivots toward 50 bps interest rate hikes

Jerome Powell is taking direct aim at strong demand that the central bank wants to cool

Nomura sees 75bps Fed hike in June, July; markets will absorb it: Analysts

Following the two 75 bps hikes in June and July, Nomura expects the US Fed to hike rates by 25 bps at every meeting scheduled in 2022 and 2023

Factors that could slow down the spawning of Indian unicorns in 2022

Apart from Fed rate hike, inflation and Russia-Ukraine war, it is the challenges within the soonicorn ecosystem that could spoil the billion-dollar party for many enterprises.

European stocks decline, yen falls to 20-year low as US hikes loom

Investors were also preparing for the next barrage of earnings that will help them assess the impact of the Ukraine war and a spike in inflation on company financials

FPIs turn net sellers again, withdraw Rs 4,500-cr from stocks last week

Adopting a cautious stance, foreign investors have pulled over Rs 4,500 crore from the Indian equity market last week on fears of an aggressive rate hike by US Federal Reserve.

China cuts reserve requirements for banks as economy slows

China's exports, the last major growth driver, are also showing signs of fatigue, and some economists say the risks of a recession are rising

Hawkish Fedspeak keeps dollar king, yen slumps to 20-year low

The euro slipped 0.14% to $1.0812, heading back toward the overnight low of $1.0785, a level unseen since April 2020.

Global shares pause on inflation view; oil steady on Ukraine talks

In currency markets, Putin's remarks were a major driver with the euro up 0.1% against the dollar but just above a five-week low

Investors snap up dollar on hawkish Fed views; yen slumps past 126

The yen led losers against the dollar with the Japanese unit weakening 0.8% to cross the 126 yen to the dollar level for the first time since May 2002.

Wall Street gains as growth stocks rebound after inflation data

The Labor Department's report showed consumer prices shot up to 8.5% in 12 months through March, slightly higher than estimated 8.4%, although the so-called core CPI fell short of estimates at 6.5%

US dollar posts largest weekly gain in one month on hawkish Fed messages

NEW YORK (Reuters) - The U.S. dollar index on Friday posted its largest weekly percentage gain in a month, supported by the prospect of a more aggressive pace of Federal Reserve tightening to curb soaring inflation.

Dollar riding high after index hits 100 for first time in nearly two years

The dollar index rose as high as 100 in early European trading hours, its best level since May 2020. It later lost some momentum and was last broadly flat at 99.844.

Rupee declines 11 paise to settle at 75.95 against US dollar

The rupee declined 11 paise to close at 75.95 (provisional) against USD on Thursday as the hawkish stance of US Fed affected investor sentiments in global markets and bolstered the American currency