Page 16 - Us Federal Reserve

Dollar towering, Asian stocks cowering as Fed interest rates jump higher

The dollar surged to a fresh two-decade high and Asian stocks hit a two-year low on Thursday as the prospect of U.S. interest rates rising further and faster than expected spooked investors

Top Headlines: Fed's 3rd big hike, liquidity slides into deficit, and more

Federal Reserve officials raised interest rates by 75 basis points for the third consecutive time and forecast they would reach 4.6% in 2023

Gap widens between US, India on interest rate hikes since pandemic low

US has hiked rates by 75 basis points on Wednesday to help keep inflation in check

Benchmarks fall after 2-day gain; US Federal Reserve rate decision eyed

Equity indices snapped their two-day rising streak on Wednesday amid mixed global market trends ahead of the keenly awaited US Fed interest rate decision. The 30-share BSE Sensex fell 262.96 points or 0.44 per cent to settle at 59,456.78. During the day, it tanked 444.34 points or 0.74 per cent to 59,275.40. The NSE Nifty went lower by 97.90 points or 0.55 per cent to end at 17,718.35. IndusInd Bank was the biggest laggard in the Sensex pack, tumbling 3.19 per cent, followed by PowerGrid, UltraTech Cement, L&T, NTPC, HCL Technologies, Dr Reddy's, TCS and Bharti Airtel. In contrast, Hindustan Unilever, ITC, Bajaj Finance, Tech Mahindra, Reliance Industries, Mahindra & Mahindra, Nestle India and HDFC Bank were the gainers, climbing as much as 1.60 per cent. "Markets across the globe were trading with considerable volatility ahead of the Fed policy announcement. A 75 bps hike by Fed was factored in by the markets, while reports of mobilising Russian forces in Ukraine has ...

Rupee sheds 0.3% as US dollar soars ahead of Fed's policy statement

Putin's call for partial mobilisation hits risk appetite in currency market

US bank CEOs grilled by Congress over economy, consumer protections, Russia

JPMorgan Chase's Jamie Dimon said consumers continued to be in 'rather good shape', but there is a chance of a mild recession which could be worse depending on the course of Russia's war in Ukraine

Gold regains some poise on latest Russia jitters; focus on Fed rate hike

Spot gold was up 0.7% at $1,674.79 per ounce by 1205 GMT. U.S. gold futures rose 0.7% to $1,683.

Rupee closes at new low ahead of near-certain big Fed rate-hike

The mobilisation of troops by Russian President Vladimir Putin piled on more pressure on the rupee, already weighed by the surging dollar index

Dollar hits two-decade high as Putin rattles markets before Fed rate hike

Putin ordered Russia's first mobilisation since World War Two, warning the West that if it continued what he called its "nuclear blackmail" that Moscow would respond with might of all its vast arsenal

Sensex down 263 pts, Nifty near 17,700 ahead of US Fed outcome; FMCGs shine

CLOSING BELL: The losses, meanwhile, were led by the Nifty Metal index (down 2 per cent), and the Nifty Pharma index (1.4 per cent)

With MCX Crude Oil below Rs 7,050, bears likely to reign; charts suggest

The MCX Crude Oil October futures may see a directional move on breakout from the Rs 6,550-6,900 trading range so far this week. Short-term trend for Natural Gas futures may soon turn negative.

RBI, bond market players discuss liquidity strategy as surplus dwindles

RBI asked for mkt views on BoP, impact of 75-bps rate hike by US Fed

Indices jump even as crucial Fed meet gets underway; Sensex up 578 points

Financials and pharma stocks led the advance amid positive flows from foreign portfolio investors

Time to diversify to global equities as central banks frontload rate hikes?

Though the recent rally in domestic equities has turned the markets expensive relative to peers, analysts still suggest investors focus on Indian equity markets

Nifty Pharma index sees biggest jump in four months, shows data

The Nifty Pharma index finished at 12,750, up 3.1 per cent - most since May 20 and third biggest single-day gain of the year

Wall Street drops 1% with all eyes on Fed policy decision on Wednesday

The benchmark US 10-year Treasury yield hit 3.58%, its highest level since April 2011; Ford sees additional $1 bn in inflationary costs, shares fall

Gold prices slip on strong dollar as markets await big Fed rate-hike

Spot gold fell 0.5% to $1,667.33 per ounce by 1224 GMT, snapping two consecutive sessions of gains.

World stocks muted, Sweden kicks off salvo of central banks' rate hikes

Sweden's central bank hiked rates by a greater than expected full percentage point on Tuesday and warned of more to come.

Treasury yields highest in over a decade before Fed meeting; dollar gains

The benchmark 10-year Treasury yield hit its highest in over a decade on Monday and the dollar strengthened as investors were on edge before an expected hefty Fed interest rate hike

Strong dollar vs foreign inflows: Rupee in fine balance ahead of Fed meet

Analysts expect rupee to trade in the range of 78-80 per dollar, for now