Page 33 - Us Federal Reserve
Odds in favour of more near-term correction in Indian stocks: Chris Wood
Chris Wood believes the best way to play Indian markets is the upswing in the Indian property/real estate sector despite the rate hikes by the Reserve Bank of India (RBI)
 "Odds in favour of more near-term correction in Indian stocks: Chris Wood")
Dollar hovers near two-decade high ahead of Fed's inflation gauge
The dollar index, which measures the currency versus six rivals, was around flat at 103.92
 "Dollar hovers near two-decade high ahead of Fed's inflation gauge")
US dollar touches 20-year high as markets shun risk over US Fed rate hike
The dollar has risen for five straight weeks as U.S. Treasury yields have climbed on expectations the Fed will be aggressive in attempting to tamp down inflation
 "US dollar touches 20-year high as markets shun risk over US Fed rate hike")
Dollar hits 20-yr-high amid rising US rates, Ukraine war, China's lockdown
The dollar's gains were set against sliding stockmarkets and sent it ahead against other havens, commodity currencies and emerging market currencies alike
 "Dollar hits 20-yr-high amid rising US rates, Ukraine war, China's lockdown")
RBI could have been more circumspect in timing: Alphaniti Fintech's UR Bhat
In conversation with Sundar Sethuraman, Bhat says policymakers should usher in changes gradually, so that markets get a fair idea of what to expect
 "RBI could have been more circumspect in timing: Alphaniti Fintech's UR Bhat")
US Fed rate hike raises cost of funds for Ambuja Cements bidders
The acquisition is expected to cost around $10 billion (Rs 76,000 crore), including the open offers for the shareholders of both Ambuja Cements and ACC
 "US Fed rate hike raises cost of funds for Ambuja Cements bidders")
Sensex, Nifty plunge 1.6% after US indices see worst drop in 2 years
On Wednesday, the US Federal Reserve announced a 50 basis points rate hike, the highest in 22 years, but ruled out a 75-bps hike in the future
 "Sensex, Nifty plunge 1.6% after US indices see worst drop in 2 years")
Dollar index hits 20-year high, sterling tumbles on dovish Bank of England
Stocks tumbled on Thursday as investors fretted the Fed might need to take more drastic action to bring inflation under control
Oil steadies near $110/bbl; strong US dollar offsets supply worry
Wall Street stocks tumbled as investors shed risky investments, worried the Fed might hike rates more this year to tame inflation
 "Oil steadies near $110/bbl; strong US dollar offsets supply worry")
Asian equities witness large outflows for fourth straight month
The region's combined net foreign selling during January to April stood at $45.76 billion, the most in the first four months since at least 2008.
 "Asian equities witness large outflows for fourth straight month")
Asian stock markets firm as Fed tempers aggressive rate hike bets
China's shares defied the broader rally with rising COVID-19 cases and a strict lockdown in the financial hub of Shanghai weighing on sentiment.
 "Asian stock markets firm as Fed tempers aggressive rate hike bets")
As US Fed raises rates to tackle inflation, gold makes a move upwards
Spot gold XAU= was up 0.9% at $1,898.06 per ounce, as of 0102 GMT, after rising 1% earlier in the session
 "As US Fed raises rates to tackle inflation, gold makes a move upwards")
Dollar falls to one-week low as US fed pushes back against 75 bp hike
U.S. central bank is not actively considering a 75 basis point increase, but that additional 50 basis point jumps should be on the table for the next couple of meetings: Jerome Powell
IBM Chairman Arvind Krishna elected to board of New York Federal Reserve
The Federal Reserve Bank of New York works within the Federal Reserve System to foster the safety, soundness and vitality of US economic and financial systems
 "IBM Chairman Arvind Krishna elected to board of New York Federal Reserve")
The Icarus-like career of a Bond King
While Mr Gross already had an admirable track record, the financial crisis of 2008 catapulted him into the league of legends
 "The Icarus-like career of a Bond King")
US Dollar just off 20-year highs, rally hinges on Fed signals
Money markets are betting the Fed will raise rates as high as 3.6% by end-2023 to tame inflation at 40-year highs.
Stocks up, US yields at 3% as markets ready for Fed Reserve rate hike
On Thursday, the Bank of England is expected to raise rates for the fourth time in a row
 "Stocks up, US yields at 3% as markets ready for Fed Reserve rate hike")
Gold prices pinned near 2-1/2-month low as investors await Fed meeting
Bullion is seen as a safe store of value during times of economic and political crises.
 "Gold prices pinned near 2-1/2-month low as investors await Fed meeting")
Dollar approaches 20-year highs, US Federal Reserve meeting in focus
The Fed has taken an increasingly aggressive approach to monetary policy as it tackles inflation that is soaring at its fastest pace in 40 years
Gold prices decline 2% as yields, dollar gain ahead of Fed meeting
Investors keep a close eye on the U.S. central bank's Federal Open Market Committee's two-day meeting scheduled to begin on May 3.
 "Gold prices decline 2% as yields, dollar gain ahead of Fed meeting")
