Page 35 - Us Federal Reserve

Investors snap up dollar on hawkish Fed views; yen slumps past 126

The yen led losers against the dollar with the Japanese unit weakening 0.8% to cross the 126 yen to the dollar level for the first time since May 2002.

Wall Street gains as growth stocks rebound after inflation data

The Labor Department's report showed consumer prices shot up to 8.5% in 12 months through March, slightly higher than estimated 8.4%, although the so-called core CPI fell short of estimates at 6.5%

US dollar posts largest weekly gain in one month on hawkish Fed messages

NEW YORK (Reuters) - The U.S. dollar index on Friday posted its largest weekly percentage gain in a month, supported by the prospect of a more aggressive pace of Federal Reserve tightening to curb soaring inflation.

Dollar riding high after index hits 100 for first time in nearly two years

The dollar index rose as high as 100 in early European trading hours, its best level since May 2020. It later lost some momentum and was last broadly flat at 99.844.

Rupee declines 11 paise to settle at 75.95 against US dollar

The rupee declined 11 paise to close at 75.95 (provisional) against USD on Thursday as the hawkish stance of US Fed affected investor sentiments in global markets and bolstered the American currency

Aggressive Fed tightening could throw a spanner in D-Street party

Minutes of meeting showed Fed plans to shrink its $9-trn balance sheet by over $1 trn a year, pare bond holdings by $95 bn a month to cool off inflation which has hit four-decade high

Bond yields break 4-day rising streak, offer some respite to stocks

Bond yields slipped from multi-year highs on Thursday, offering some respite to equities after US Fed minutes released previous day reinforced the rate-hike momentum already priced into markets

World shares track Wall Street retreat on interest rate worries

World shares were mixed Thursday after a retreat on Wall Street spurred by comments indicating the Federal Reserve intends to more aggressively tackle inflation. Benchmarks rose in Paris and Frankfurt after declines in most Asian markets. US futures fell while oil prices were higher. The Fed comments have added to investor unease over the war in Ukraine, coronavirus outbreaks in China and persistent high inflation. Minutes from the Fed's meeting last month showed policymaker's agreed to begin cutting the Fed's stockpile of Treasury's and mortgage-backed securities by about $95 billion a month, starting in May. That's more than some investors expected and nearly double the pace the last time the Fed shrank its balance sheet. European shares wobbled after the open, with the CAC 40 in Paris up 0.2% at 6,508.50 and Germany's DAX edging 0.1% lower to 14,141.12. The FTSE 100 in London shed 0.3% to 7,554.73. On Wall Street, the future for the S&P 500 was nearly unchanged. The future for

Dollar buoyant as Federal Reserve readies to step up inflation fight

SINGAPORE (Reuters) - The dollar hovered near a two-year high against a basket of currencies on Thursday, after meeting minutes showed the Federal Reserve preparing to move aggressively to head off inflation.

Block, stock, and trades: Block trades gather steam and what this suggests

Investment bankers say successful execution of large block trades is a healthy sign and could pave the way for large initial public offerings (IPOs) and additional fund-raising by listed companies

Prospect of US Fed firing on all cylinders spooks Indian markets

Overseas investors sold shares worth Rs 2,280 crore, while domestic institutions provided buying support of Rs 623 crore

FOMC minutes: Fed officials weigh shrinking balance sheet by $95 bn a month

Federal Reserve officials 'generally agreed' last month to trim $60 bn per month from the US central bank's Treasury holdings and $35 bn from its holdings of mortgage-backed securities

Gold steadies as inflation jitters offset US interest rate hike bets

Gold prices steadied on Wednesday with concerns over high inflation offsetting expectations of an aggressive interest rate hike by the US Federal Reserve

Nasdaq slides 2% as tech rout deepens ahead of Fed minutes

High-growth stocks, whose valuations stand to be pressured by higher bond yields, bore the brunt as the benchmark 10-year yield hit a three-year high

Gold subdued as robust dollar dims appeal; focus on Fed minutes

Gold prices were subdued on Wednesday in choppy trade as a robust dollar and the prospect the Federal Reserve could raise interest rates aggressively kept non-yielding bullion near a one-week low

Markets slip by up to 0.9% as yields rise on hawkish Fed comments

Reports of fresh sanctions against Russia further impact sentiment. Investors worry that the growing isolation of Russia will further disrupt commodity flows

World stocks slip, bonds hit multi-year highs as bets on US Fed action rise

Global share prices eased and US Treasury yields hit multi-year highs on Wednesday as investors bet that US Fed will couple shrinking of its balance sheet next month with a big interest hike

Asian stocks skid, bond yields rise after hawkish Fed comments

By Daniel Leussink

Dollar rises towards 2-year high after Fed policy maker's comments

By Alun John

Fed's Brainard sees rapid balance sheet runoff, rise to neutral

"I think we can all absolutely agree inflation is too high and bringing inflation down is of paramount importance," Federal Reserve Governor said at a conference at the Minneapolis Fed