Page 28 - Us Federal Reserve

Second half of 2022 starts with more declines in global stocks, yields

US Treasury yields tumbled on market expectations that US consumer prices will come down close to the Federal Reserve's inflation target.

Banks, IT account for 93% of the Rs 2 trillion selloff by FPIs the past yr

FMCG, construction materials were among other sectors to see large outflow, while metals, power, discretionary consumption and telecom saw inflows

Wall Street begins second-half with losses on economic growth worries

Dow Jones Industrial Average was down 114.85 points, or 0.37%, at 30,660.58, the S&P 500 was down 9.89 points, or 0.26%, at 3,775.49

Gold bound for worst quarter in over a year on hawkish Fed policy

Gold slipped on Thursday, heading for its worst quarter in five as a hawkish tone from global central banks dimmed appeal for the non-yielding asset

Top 5 factors that may set market direction in the second half of 2022

Investors are now looking toward potential triggers that may set the likely trajectory for equity markets in the second half of 2022.

'No guarantee' Fed can tame inflation, spare jobs, says Jerome Powell

Federal Reserve Chair Jerome Powell said there's no guarantee'' the central bank can tame runaway inflation without hurting the job market. Speaking Wednesday at a European Central Bank forum in Sintra, Portugal, Powell repeated his hope that the Fed can achieve a so-called soft landing raising interest rates just enough to slow the economy and rein in surging consumer prices without causing a recession and sharply raising the unemployment rate. We believe we can do that. That is our aim,'' he said. But the Russian invasion of Ukraine, he said, had made the job more difficult by disrupting commerce and driving up the price of food, energy and chemicals. It's gotten harder,'' Powell said. The pathways have gotten narrower.'' ECB President Christine Lagarde echoed the major impact" of energy shocks, which are rippling worldwide but felt acutely in Europe because of its reliance on Russian oil and natural gas. She also pointed to Europe's proximity to the war in Ukraine and said how

Indian stocks set to post their worst half-year performance in two years

Among sectors, the largest decline was seen in metal & information technology (IT) stocks, while relative outperformance was seen in auto counters

How rupee shrugged off the fragile tag and outperformed despite shocks

The domestic currency has fared better than many of its emerging market peers

Rate hike bets subdue gold prices even as economic slowdown fears mount

Spot gold fell 0.2% to $1,817.00 per ounce by 0920 GMT, holding a tight range between $1,814.30 - $1,822.76. U.S. gold futures were down 0.2% to $1,817.60.

Rupee falls 18 paise to close at new low of 79.03 against US dollar

At the interbank foreign exchange market, the rupee opened lower at 78.86 against the greenback and finally settled at 79.03, down 18 paise over its previous close.

Benchmark indices extend winning streak as commodity prices moderate

Buying in IT stocks - spurred by a global trend - accounted for the bulk of the gains in the benchmark indices

June sell-off: Most EMs see deeper cuts than India after Fed's rate hike

Month-to-date returns for most stock market gauges are flashing red

Banking body BIS urges decisive wave of global rate hikes to stem inflation

Leading economies at risk of falling into high-inflation trap, says Bank for International Settlements

Federal Reserve says US banks can weather severe downturn comfortably

Fed said the 34 lenders it oversees would suffer combined losses of $612 bn under a severe downturn

Oil rises almost $2 a barrel, still set for weekly drop on recession fears

U.S. Federal Reserve Chair Jerome Powell said the central bank's focus on curbing inflation was "unconditional", adding to fears about more interest rate hikes that have weighed on financial markets

US dollar headed for first weekly decline in June as traders dial down bets

Dollar lost some of its shine since investors started betting the Fed could slow the rate-tightening pace following another 75 basis-point increase in July, and may start easing policy after Mar 2023

Trading volume dips amid market turmoil, retail investors take a hit

ADTV for cash segment lowest since Feb 2020; retail participation hit, say analysts

Gold prices dip after US Fed chief pledges to keep up inflation fight

Spot gold fell 0.2% to $1,834.33 per ounce by 0733 GMT. U.S. gold futures eased 0.1% to $1,835.60

Global stocks, oil and copper fall as investors expect Fed rate hike

Fed is expected to deliver another 75-basis-point interest rate hike in July, followed by a half-percentage-point rise in September

Rupee hits fresh all-time low vs dollar as US rate hike worries deepen

Ends at 78.39/$1 as against 78.08 on Tuesday. Wednesday's closing level also marks new record intraday low for the rupee versus greenback