Page 5 - Fed Rate Hikes
Rate hike rush pushes gold to longest monthly losing streak in 4 years
Gold slipped on Wednesday and was on track for its longest run of monthly losses since 2018, pressured by aggressive rate hikes by major central banks across the world
 "Rate hike rush pushes gold to longest monthly losing streak in 4 years")
Dollar eases, but remains near 2-decade high as traders brace for hikes
The index is on track for a rise of around 2.6% in August, its third-straight monthly gain
 "Dollar eases, but remains near 2-decade high as traders brace for hikes")
Asia continues global stock selloff as Fed tightening fears flare
Japan's Nikkei sagged 0.6%, while Australia's share benchmark slid 0.4% and South Korea's Kospi lost 0.5%
Gold lingers near 1-month low as possibility of more Fed rate hikes weigh
Data also showed a bigger-than-expected rebound in U.S. consumer confidence in August
Wall Street falls as job openings data adds to rate hike jitters
Best Buy sales beat estimates as discounts spur demand; Jobs openings in July rises sharply
 "Wall Street falls as job openings data adds to rate hike jitters")
Gold drops 0.8% as US dollar shines on Powell's rate hike warning
Gold prices took a beating as US Federal Reserve Chair acknowledged that a quick undo of central bank's rate tightening was far from over, which boosted the dollar and sent bullion to a one-month low
 "Gold drops 0.8% as US dollar shines on Powell's rate hike warning")
No need to worry till the Sensex holds 56,886 level, technical charts say
Equity markets declined the most in around a month on Monday following US Fed chief Jerome Powell's comments on Friday, which indicated that it will continue with its restrictive monetary policy
 "No need to worry till the Sensex holds 56,886 level, technical charts say")
Gold hits 1-month low as dollar firms, Powell signals high interest rate
Gold prices hit a more than one-month low on Monday, pressured by a robust dollar after Jerome Powell signalled continuing with an aggressive monetary policy to tame inflation
 "Gold hits 1-month low as dollar firms, Powell signals high interest rate")
Indian markets may feel the pinch of Fed chief's hawkish comments: Experts
Last week, the Sensex and the Nifty shed over 1 per cent but were still up nearly 15 per cent from their June lows
 "Indian markets may feel the pinch of Fed chief's hawkish comments: Experts")
US Fed chief Powell talks tough, warns of 'unusually high' rate hikes
Inflation is now their chief concern, and Powell's remarks at the symposium, hosted by the Kansas City Fed, set a tone likely to register on global markets
 "US Fed chief Powell talks tough, warns of 'unusually high' rate hikes")
Crypto wrap: Expect high volatility as inflation still a worry, say experts
Volatility in the crypto market comes at a time when the share markets too were showing high volatility, globally
 "Crypto wrap: Expect high volatility as inflation still a worry, say experts")
Oil prices edge up on signs of improving fuel demand, await Fed outlook
Oil prices rose as much as $1 on signs of improving fuel demand, although further gains were capped as the market awaited clues from the US Federal Reserve chairman
 "Oil prices edge up on signs of improving fuel demand, await Fed outlook")
Sensex tanks 709 pts from day's high, ends 311 pts down; Nifty holds 17,500
F&O Expiry: 25 of the 30 Sensex constituents and 34 of the 50 Nifty constituents ended in the negative territory including Adani Ports, Bajaj Finance, IndusInd Bank, Infosys, TCS, Axis Bank, and HDFC
 "Sensex tanks 709 pts from day's high, ends 311 pts down; Nifty holds 17,500")
Sensex gyrates 1,027 pts, ends 257 pts up; Nifty holds 17,550; M&M gains 4%
CLOSING BELL: RIL, ICICI Bank, M&M, SBI, Bajaj twins, and Titan were the stocks that supported the indices
 "Sensex gyrates 1,027 pts, ends 257 pts up; Nifty holds 17,550; M&M gains 4%")
Gold hits over 3-week low on strong dollar, Fed rate-hike worries
Gold is highly sensitive to rising U.S. interest rates, as these increase the opportunity cost of holding non-yielding bullion
Gold falls to 3-week low as robust dollar, Fed rate-hike fears rise
Interest rates to go further up; strong dollar is likely to continue weighing on gold prices
Sensex ends 352 pts off day's lows, rises 38 pts; L&T, Airtel top gainers
CLOSING BELL: The recovery was led by Kotak Bank (up 4 per cent), L&T, Bharti Airtel, SBI, HDFC Bank, HDFC, and ITC
 "Sensex ends 352 pts off day's lows, rises 38 pts; L&T, Airtel top gainers")
US Fed indicates further rate hikes as inflation shows no signs of abating
US Federal Reserve officials indicated that further rate hikes could follow as there is "little evidence" that inflation pressures were subsiding, according to the Fed's latest policy meeting.
 "US Fed indicates further rate hikes as inflation shows no signs of abating")
Fed saw smaller hikes ahead to assess prior moves, show July minutes
Pace of future Fed hikes depends on data, no evidence inflation subsiding, July minutes show
 "Fed saw smaller hikes ahead to assess prior moves, show July minutes")
Gold struggles for direction with firmer dollar, Fed minutes on the radar
Gold prices were little changed on Wednesday, with gains curbed by a firmer dollar, while investors braced for any guidance on future US interest rate hikes from the minutes of the Federal Reserve's
