Page 12 - Us Federal Reserve

Indian markets straggle behind US and Europe in October, shows data

However, on a YTD basis, the S&P BSE Sensex declined 7%. The Dow fell 9.6%; the Euro Stoxx 50 down 26%

Market outlook: Earnings, Fed rate decision major factors to watch out for

The ongoing quarterly earnings season, the Reserve Bank's special meeting of its rate-setting committee and the US Fed interest rate decision are the major events that would dictate trends in the equity market this week, analysts said. Besides, auto sales numbers and macroeconomic data to be announced during the week would also influence trading in the equity market. Purchasing Managers' Index (PMI) data for the manufacturing sector would be announced on Tuesday, while the services sector numbers are scheduled to come on Thursday. "FOMC (Federal Open Market Committee) meeting, RBI MPC meeting, auto sales numbers and Q2 earnings will drive the market this week. The market will have an eye on the unscheduled RBI MPC meeting. We are heading toward the last batch of Q2 earnings, which will lead to stock-specific movement. October auto sales numbers will be important because they will tell us about festival demand," said Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd. T

How will US Fed and BoE rate action affect markets this week?

Indian markets stayed in green on the first week of Samvat 2079. This week, interest rate decisions by the US Fed and the Bank of England, along with global macro numbers will affect market trends

RBI release suggests Nov MPC meet only to discuss inflation target failure

MPC may decide RBI's response to govt on the matter; Unlike earlier off-cycle meetings in which interest rate action was taken outside schedule without prior notice, this one was announced in advance

Gold prices retreat 1% on stronger dollar as US Fed meeting looms

Gold could see some correction due to an upside move in the dollar heading into the Fed meeting, expected to deliver a 75 basis point increase

Rupee, bonds gain on hopes of Federal Reserve slowing rate hikes

At 3:30 pm IST on Thursday, the US dollar index was at 110.09 as against 112.02 at the same time on Tuesday

US economic growth rebounds in Q3 on trade, but demand is slowing

Gross domestic product increased at a 2.6 per cent annualised rate last quarter, the Commerce Department

Gold holds ground on bets that US Fed may slow pace of rate hikes

Spot gold was little changed at $1,663.30 per ounce, as of 0811 GMT, while U.S. gold futures fell 0.2% to $1,666.20

Dollar slides on expectations of less hawkish Fed; euro at 1-month high

The euro climbed back above parity against the dollar for the first time in a month on Wednesday after poor U.S. economic data reinforced speculation that the Federal Reserve will slow rate hikes

Gold prices subdued as dollar ticks higher; investors eye Fed outlook

Gold prices were flat on a firmer dollar, although the bullion was anchored in a narrow range with investors awaiting further guidance on US Federal Reserve's policy tightening

Inflation woes: How front-loading rate hikes risks financial instability

This Fed rate-increase cycle, which has already delivered a total of 3 percentage points in just over six months, is the most front-loaded one in a long time

Sensex snaps seven-day winning run, falls 288 pts; Nifty50 ends at 17,656

Profit-booking comes to play, investors dump FMCG, pvt banking stocks

US Fed is losing billions, wiping out profits that funded spending

The bond market is enduring its worst selloff in a generation, triggered by high inflation and the aggressive interest-rate hikes that central banks are implementing

Gold prices listless as traders navigate steady dollar, Fed reserve cues

Gold competes with the dollar a safe store of value and gains in the currency also make bullion unattractive for overseas buyers

US, European shares rise on hopes Fed will slow interest rate hike pace

US and European shares rose on Monday as signs of a cooling U.S. economy raised hopes that the Federal Reserve will slow its pace of rate hikes

Gold prices slip as dollar gains, investors assess US Fed's stance

Spot gold fell 0.6% to $1,647.17 per ounce by 0922 GMT. U.S. gold futures eased 0.3% to $1,651.40

Dollar shrugs off suspected yen intervention, Europe clings to US Fed hopes

The dollar roared to 149.70 yen in early trade before hastily retreating to 145.28 in a matter of minutes in what traders and analysts said appeared to be at the hands of the Bank of Japan

Banks to hold all $13-billion debt backing Twitter deal, says report

Musk agreed to pay $44 billion for Twitter in April before the Federal Reserve started raising interest rates to fight inflation

Rupee at fresh low as Fed rate hike fears intensify, dollar strengthens

RBI not yet seen intervening heavily for the rupee, expected to step in around 83.40/$1 mark

Markets may bottom out soon, but a sustained recovery is unlikely: Nomura

A sustained recovery in Asian markets, Nomura said, will largely depend on how the Covid situation and the ensuing curbs put in place to combat the pandemic in China plays out going ahead