Page 85 - Us Federal Reserve

Gold eases as investors await clues on US central bank's move

Bullion is viewed as a hedge against the inflation and currency debasement likely from widespread stimulus. The Fed's tapering could tackle both those conditions, diminishing gold's appeal.

Gold price bounces over $1,800 on growth risks, but bound for weekly dip

Gold continues to remain a buy on dips because central banks are in no hurry to raise interest rates

ECB trims Covid-19 pandemic support but insists there's 'no tapering'

The ECB did so by slowing the pace of its Pandemic Emergency Purchase Programme (PEPP), which has kept borrowing costs low as governments took on unprecedented amounts of debt

Investors betting on 'stable' choice of renomination of Powell as Fed chair

Wall Street is widely expecting that Powell, who was nominated for the role by President Donald Trump in 2017, will be renominated by President Joe Biden for another four-year stint.

World shares hold steady near record highs on dovish Fed bets

By 1100 GMT, the MSCI world equity index was flat after hitting a new record high in Asian hours and following seven consecutive days of gains to record highs.

Five challenges the US Fed chief may face in the next four years

Progressive Democrats want the Fed to take on a more expansive role in the economy, by beefing up efforts to bolster employment, heading off climate risk and addressing inequality

Gold firms near 2-1/2-month high as early US Fed taper fears ebb

Spot gold rose 0.1% to $1,827.82 per ounce by 0646 GMT. In the previous session, prices hit their highest since June 16 at $1,833.80.

The best of liquidity is behind us, says Nomura's Saion Mukherjee

Saion Mukherjee says the market is already factoring in earnings recovery from the June 2021 quarter

Fed likely to announce taper in November, says former Fed official

Fed policymakers will also release their summary of economic projections at the September meeting, which Lockhart said they may want to get "out of the way" before giving a taper schedule.

Sensex, Nifty hit fresh highs; TCS, HUL and RIL top contributors

Both indices added nearly 9 per cent each in August, their best monthly showing since November

Gold steady as investors await US jobs data to gauge Fed's taper path

Spot gold was little changed at $1,814.58 per ounce by 0646 GMT, while U.S. gold futures traded flat at $1,816.50.

Tantrum fears fade as riskier EM bonds rise to defy taper talk

Fixed-income securities issued by South Africa, Turkey, Indonesia and India posted the biggest gains among 46 sovereign markets, returning at least 1.2% last month, excluding currency fluctuations

Optimistic valuations

Markets continue to run ahead of fundamentals

India not to be impacted by US Fed's likely liquidity taper: Govt official

India will not be impacted by the US Federal Reserve's move to tighten liquidity expected later this year, as India's macro-economic fundamentals are strong, CEA K V Subramanian said

US Fed now risks too-slow taper after too fast in 2013, says Raghuram Rajan

"The Fed thinks it has time" to slow-walk the tightening process, especially given longer-term disinflationary forces like aging, automation and globalization, Raghuram Rajan said in an interview

Sensex, Nifty post record highs after Federal Reserve's dovish stance

Sensex, Nifty jump 1.4%, log new highs

Rupee continues to rise on Fed Chair Powell's take on taper

Experts say RBI won't allow Rs to appreciate out of sync with Asian currencies

India will continue to be a favoured investment destination: Mihir Vora

Keeping the short-term reactions aside, the impact of any taper really depends on the circumstances under which the US Fed starts tapering, he said.

Investors richer by Rs 4 trn as Sensex zooms 765 pts, ends near 56,900

Investor wealth rose by Rs 3.6 trillion on the BSE today, taking m-cap of all listed BSE companies to Rs 247.34 trillion

Gold prices ease as global equities climb on Fed's dovish stance

Spot gold was down 0.2% at $1,813.76 per ounce, as of 0727 GMT. Earlier in the session, bullion scaled to its highest since Aug. 4 at $1,822.92.