Page 14 - Us Federal Reserve

Dollar steadies as investors heed hawkish reminder from New Zealand

The dollar steadied on Wednesday after a sharp rate rise in New Zealand poured cold water over hopes for a pause or slowdown in the US Federal Reserve's intentions for aggressive hikes

September's credit wipeout foretells even more pain in for US investors

The pain is just beginning for investors in US credit markets after Federal Reserve tightening and recession angst sent investment-grade bonds, high-yield debt and leveraged loans spiraling in Sept

Q4 off to shaky start as world stocks stumble to lowest since 2020

Sentiment across markets remained frail given worries that aggressive interest rate hikes from the likes of the US Federal Reserve raises global recession risks

FPIs turn net sellers again; withdraw Rs 7,600 cr from equities in Sep

With this, the total outflow by FPIs from the Indian equity markets has reached Rs 1.68 trn so far in 2022, data with depositories showed

Centre to put curbs on imports of some items to arrest rupee's fall: Report

The authorities have already started to track the imports of select products, including electronics. However, a final decision is still to be made

More rate hikes, eye on rupee: How experts interpret RBI's 50-bps rate hike

The reluctance of the RBI to change stance from 'withdrawal of accommodation' indicates that more monetary policy tightening is likely to be in the pipeline, analysts said

Gold heads for biggest quarterly drop since early 2021 on Fed rate hikes

Gold prices were set on Friday for their biggest quarterly fall since early 2021, as aggressive interest rate hikes by the US Federal Reserve and commitment to deliver more

Will rate hikes spell more trouble for crypto markets?

The US Fed's aggressive monetary tightening policy has spelt trouble for the crypto markets. Find out the road ahead for the crypto markets, as global central banks affirm to higher interest rates

Indian bond, equity markets decoupled; see 30% downside in Nifty50: CLSA

The decoupling of Indian equity markets, this year, from the global markets has been remarkable. While the S&P 500 has lost over 20 per cent in CY22 so far, the Nifty50 index is marginally in the red

Rupee at another low of 81.94 per dollar as US Fed talks up rate hikes

RBI may have sold more than $1 bln in FX mkt, prevented rupee from breaching 82/$1

Plunging global markets trigger new intervention warnings in Asia

South Korea joined a growing list of interventions on Wednesday, with the central bank saying it will buy as much as $2.1 billion worth of sovereign debt.

Sensex declines for sixth straight session as global rout continues

Index down 5.2% in 6 sessions; FPIs tally turns negative for Sep

Dow, S&P 500 cling to gains on lower yields, Apple slides 4%

Apple down 4% on move to drop iPhone production boost; US 10-yr Treasury yields ease from 12-year highs; Biogen soars on landmark Alzheimer's data

Gold slides to lowest since April 2020 as US dollar, yields climb

Spot gold fell 0.6% to $1,619.79 per ounce, as of 0854 GMT. U.S. gold futures slipped 0.5% to $1,627.60

Wall Street deep in bear market as S&P 500 hits new two-year low

S&P 500 hits lowest since Nov. 2020; rate-sensitive tech, growth stocks give back gains; energy stocks among rare gainers

Embattled emerging markets face fresh pain from US Fed rate hikes

That's a sharp and swift change from just 12 months ago, when Fed forecasters predicted no rate hikes in 2023

RBI's MPC to start 3-day meet on Wednesday, another rate hike likely

The Reserve Bank's rate-setting panel will start its 3-day deliberations on Wednesday amid expectations of yet another rate hike of 50 basis points to check high inflation, in line with similar actions taken by other major central banks, including the US Fed. Based on the recommendations of the Monetary Policy Committee (MPC), the RBI had effected 50 basis points increase in repo rate each in June and August after raising the short-term lending rate by 40 basis points in an off-cycle decision in May. The MPC, headed by RBI Governor Shaktikanta Das, is scheduled to meet during September 28-30. The decision will be announced on Friday (September 30). The RBI, which has since May raised the repo rate by 140 basis points (bps), may yet again go for a 50-bps increase, which will take the key rate to a three-year high of 5.9 per cent, say experts. The present rate is 5.4 per cent. The consumer price index (CPI) based on retail inflation, which had started showing signs of moderation in M

Is the recent selling in markets overdone?

The US Fed delivered third large rate hike last week with over half of Nifty500 stocks slipping below their key moving averages. Is this fall set to continue or is the recent selling an overreaction?

Market rout extends to 4th day on rising dollar; Sensex drops over 950 pts

India VIX index jumps 6% to June level

Rupee closes at new low against US dollar amid risk-off mood

The dollar index traded above 113-levels for the first time since 2002 as deep tax cuts in the UK sent the sterling to a record low