US consumer prices showed the biggest annual increase in 40 years, data released late on Thursday showed
The benchmark oil prices are also in line for their first weekly decline after seven consecutive weekly gains
Spot gold fell 0.1% to $1,825.29 per ounce by 0141 GMT, while U.S. gold futures dropped 0.7% to $1,824.50.
The consumer price index rose 0.6% from December, the Labor Department said, while in the 12 months through January, CPI jumped 7.5%, the biggest year-on-year gain since February 1982
CPI rose 0.6% last month from December, the Labor Department said, while in the 12 months through January, the CPI jumped 7.5%, the biggest year-on-year increase since February 1982
A robust inflation reading is expected to burnish gold's appeal as an inflation hedge, but interest rate hikes would raise the opportunity cost of holding non-yielding bullion
The performance in Asian stocks was sharply divided between Chinese equities and the rest of the region
The Australian dollar got a bit of a lift as continued gains in global stocks boosted the mood for risk taking
Traders have been piling into ETFs mostly focused on ultra-short instruments like treasury bills, while offloading ETFs tracking longer-dated debt
Swaps markets by late Friday gave roughly 50 percent odds to such a move, though they have since eased back to around 32 per cent
If the oil prices rise up to $105 - $110 per barrel, a 10 per cent fall in the Sensex and Nifty is possible, say analysts
Stick to shorter tenure fixed deposits now to benefit from higher rates later
Assets under management (AUM) of key equity scheme categories rose even as the US Federal Reserve's hawkish turn sent volatility soaring
More hot jobs data on Friday drove the benchmark for world borrowing costs, the 10-year US Treasury yield, to its highest level in two years
The US Federal Reserve Board has named Jerome Powell as "chair pro tempore", pending his confirmation by the Senate for a second term as Chair of the central bank
A similar view was shared by Raamdeo Agrawal, co-founder and joint managing director, Motilal Oswal Financial Services, who suggested that Indian equity markets were on the cusp of a major bull-run
After the ECB extended support measures only in December, policy change was not expected to be on the agenda
Consumer prices rose 7% last near--more than twice the central bank's 2% goal--cheapening American wages and eating into household budgets.
The dollar fell for a second straight session on Tuesday, after hitting a 19-month peak at the end of last week
The dollar index slid 0.7% on the day, its highest daily percentage rise in two months. For January, the greenback was up nearly 1%.