Page 11 - Us Federal Reserve

Oil prices rise before expected Fed rate hike as US crude stocks drop

Oil prices rose on Wednesday before an expected rate hike by the Federal Reserve, supported by another decline in US oil inventories as refineries picked up activity ahead of the winter heating seas

Fed hikes rate again by 75 basis points, hints at entering end phase

On Wednesday, US Fedral Bank increased repo rate by 75 basis points, taking the key repo rate to 4 per cent

Fintechs shadow banks of current time, are fragile: Douglas W Diamond

Professor at the University of Chicago's Booth School of Business, Diamond received the prize along with Philip Dybvig and former Fed chair Ben Bernanke

Dollar falls as investors await US Fed policy decision, yen and real gain

Against the weakening dollar, the euro and sterling edged up to $0.9890 and $1.1502, respectively

Caution creeps into world stocks as US Fed gets ready to hike big again

US stock futures, which provide an indication of how Wall Street will open, also lost some of their strength and were mixed

Oil prices slip ahead of US Fed meeting, crude stockpiles seen falling

At the same time, gasoline inventories fell 2.6 million barrels, more than expected. Official data is due at 1430 GMT.

Gold firms as dollar softens with market focus on Fed Reserve's decision

Spot silver rose 0.1% to $19.68 per ounce, having hit a three-week peak on Tuesday

US job openings hit 10.7 mn despite Fed Reserve's attempt to cool economy

US job openings rose unexpectedly in September, suggesting that the American labour market is not cooling as fast as the inflation fighters at the Federal Reserve hoped. Employers posted 10.7 million job vacancies in September, up from 10.3 million in August, the Labour Department said on Tuesday. Economists had expected the number of job openings to drop below 10 million for the first time since June 2021. For the past two years, as the economy rebounded from 2020's COVID-19 recession, employers have complained they can't find enough workers. With so many jobs available, workers can afford to resign and seek employment that pays more or offers better perks or flexibility. So companies have been forced to raise wages to attract and keep staff. Higher pay has contributed to inflation that has hit 40-year highs in 2022. In another sign the labor market remains tight and employers unwilling to let workers go, layoffs dropped in September to 1.3 million, fewest since April. But the num

FPIs regain risk appetite, pump in nearly Rs 8,430 crore in October

US and European markets gained in October after a sharp sell-off in September

Bond yields fall on 10-year US yield's drop below 4%, subdued oil

The benchmark 10-year Indian government bond yield ended at 7.3957%, after rising five basis points (bps) to 7.4454% on Monday

Foreign investors sell $500 mn of India govt bonds in two days: Analysts

These investors have net sold bonds worth 41.1 billion Indian rupees over Friday and Monday, CCIL data showed

Dollar drops as optimism spreads before Fed and BoE decisions

The Fed is widely expected to raise its benchmark rate by 75 basis points (bps) on Wednesday, its fourth such increase in a row

RBI has been prudent in its exchange rate management: Deepak Parekh

Currency's depreciation not a reflection of the economy, says HDFC Ltd chairman

Rupee marks biggest monthly losing streak since 1985, braces for Fed move

Oil importers' dollar purchases, breach of technical levels drag rupee lower

A roller-coaster ride: FPIs propel Nifty to reclaim 18K; Sensex tops 60K

The Sensex ended above 60,000 and the Nifty above 18,000 for the first time since September 14

US markets set for a year-end rally despite recession concerns: Chris Wood

A rally in the US markets amid hope of a softer central bank (US Fed) action going ahead, analysts believe, has the potential to fuel a rally in other global equity markets, including India

World markets mixed ahead of US Federal Reserve's interest rates decision

World stock markets were mixed on Monday ahead of what is expected to be a Federal Reserve decision this week to raise interest rates again amid investor hopes the US central bank will scale back plans for more increases. Germany's DAX gained 0.2 per cent to 13,269.55 and Britain's FTSE 100 was flat at 7,049.25. In Paris, the CAC 40 lost 0.2 per cent to 6,262.91. The future for the S and P 500 shed 0.6 per cent while that for the Dow industrials was 0.5 per cent lower. Wall Street ended last week higher after Apple and other big companies reported strong profits and a closely watched measure of inflation accelerated in September. The Fed is widely expected at this week's meeting to announce another rate hike of 0.75 percentage points, three times its usual margin. Investors are looking for signs officials are satisfied that earlier increases imposed to cool inflation that is near a four-decade high are working and future increases can be smaller. Investors worry rate hikes by the

Dollar up as data suggests Fed hawks will stay in control; yen fragile

The pound and the euro each declined about 0.1% against the dollar, which has recouped some of last week's losses, after having slid on hopes of a potential Fed change of tack.

Dollar strengthens as US Fed expected to stay hawkish; yen fragile

The dollar moved broadly higher in early Asia trade, and was up more than 0.2% against the New Zealand dollar and the pound

The case for structural financial deglobalisation

Attempting to minimise the costs of their Faustian bargain, emerging-economy policymakers have pinned their hopes on international coordination of monetary policy