Page 51 - Us Federal Reserve
Dollar near one-month high as Evergrande Group risks, Fed loom
The dollar index stood at 93.226 in early Asian trade, staying not far off Monday's one-month high of 93.455.
 "Dollar near one-month high as Evergrande Group risks, Fed loom")
Stocks find some footing after Evergrande Group relief; Fed looms
The news also helped the risk-sensitive Australian dollar, though anticipation that the Federal Reserve may move a step closer to tapering later on Wednesday kept a lid on gains and the mood
 "Stocks find some footing after Evergrande Group relief; Fed looms")
Gold edges lower on Fed meeting jitters; Evergrande woes limit losses
Spot gold fell 0.1% to $1,762.08 per ounce by 0340 GMT.
 "Gold edges lower on Fed meeting jitters; Evergrande woes limit losses")
China, Fed worries and falling commodity prices weigh on market
Sensex posts biggest drop in two months amid global selloff
 "China, Fed worries and falling commodity prices weigh on market")
European shares slide over 1% on global growth, Fed tapering worries
The pan-European STOXX 600 index was down 1.4% by 0706 GMT, with energy and mining stocks leading declines on a slide in commodities prices
 "European shares slide over 1% on global growth, Fed tapering worries")
US futures fall over 1% on growth worries amid Covid, focus turns to Fed
Wall Street's main indexes have been hurt this month by fears of potentially higher corporate tax rates denting earnings and have shrugged off signs inflation might have peaked
 "US futures fall over 1% on growth worries amid Covid, focus turns to Fed")
Profit booking, Fed meet outcome to impact Indian equities' moves next week
"With weak US job data and inflation increasing at a slower pace, Fed is not expected to hint on taper plans in the upcoming meeting, says an analyst
 "Profit booking, Fed meet outcome to impact Indian equities' moves next week")
US Fed expected to announce tapering asset purchases in November
US Federal Reserve will probably hint at its meeting next week that it is moving toward announcing a reduction in monthly asset purchases in November, according to a Bloomberg survey of economists.
 "US Fed expected to announce tapering asset purchases in November")
Federal Reserve seen announcing bond taper in Nov, rate lift-off in 2023
The survey of 52 economists also predicted the US central bank would hold interest rates near zero through 2022 before delivering two quarter-point increases by the end of the following year
 "Federal Reserve seen announcing bond taper in Nov, rate lift-off in 2023")
World shares fall on fears over China, US taxes, central bank policy
World shares fell on Friday, pressured by concerns over China's markets, the potential for a US corporate tax hike and an update on the US Federal Reserve's tapering strategy next week
 "World shares fall on fears over China, US taxes, central bank policy")
Gold eases as investors await clues on US central bank's move
Bullion is viewed as a hedge against the inflation and currency debasement likely from widespread stimulus. The Fed's tapering could tackle both those conditions, diminishing gold's appeal.
 "Gold eases as investors await clues on US central bank's move")
Gold price bounces over $1,800 on growth risks, but bound for weekly dip
Gold continues to remain a buy on dips because central banks are in no hurry to raise interest rates
ECB trims Covid-19 pandemic support but insists there's 'no tapering'
The ECB did so by slowing the pace of its Pandemic Emergency Purchase Programme (PEPP), which has kept borrowing costs low as governments took on unprecedented amounts of debt
 "ECB trims Covid-19 pandemic support but insists there's 'no tapering'")
Investors betting on 'stable' choice of renomination of Powell as Fed chair
Wall Street is widely expecting that Powell, who was nominated for the role by President Donald Trump in 2017, will be renominated by President Joe Biden for another four-year stint.
 "Investors betting on 'stable' choice of renomination of Powell as Fed chair")
World shares hold steady near record highs on dovish Fed bets
By 1100 GMT, the MSCI world equity index was flat after hitting a new record high in Asian hours and following seven consecutive days of gains to record highs.
Five challenges the US Fed chief may face in the next four years
Progressive Democrats want the Fed to take on a more expansive role in the economy, by beefing up efforts to bolster employment, heading off climate risk and addressing inequality
Gold firms near 2-1/2-month high as early US Fed taper fears ebb
Spot gold rose 0.1% to $1,827.82 per ounce by 0646 GMT. In the previous session, prices hit their highest since June 16 at $1,833.80.
The best of liquidity is behind us, says Nomura's Saion Mukherjee
Saion Mukherjee says the market is already factoring in earnings recovery from the June 2021 quarter
 "The best of liquidity is behind us, says Nomura's Saion Mukherjee")
Fed likely to announce taper in November, says former Fed official
Fed policymakers will also release their summary of economic projections at the September meeting, which Lockhart said they may want to get "out of the way" before giving a taper schedule.
Sensex, Nifty hit fresh highs; TCS, HUL and RIL top contributors
Both indices added nearly 9 per cent each in August, their best monthly showing since November
 "Sensex, Nifty hit fresh highs; TCS, HUL and RIL top contributors")
