Page 59 - Us Federal Reserve

US stocks mixed, treasuries drop after Fed keeps rates pinned near zero

The Federal Reserve has maintained the pace of bond purchases as was widely expected

Global shares mostly higher before Fed meeting, Joe Biden speech

Global shares were moderately higher in listless trading Wednesday, as investors watched for news out of a Federal Reserve meeting. France's CAC 40 gained 0.3% in early trading to 6,291.87, while Germany's DAX edged up 0.2% to 15,279.81. Britain's FTSE 100 rose 0.2% to 6,961.41. The future for the Dow industrials slipped 0.1% to 33,834, and S&P 500 futures rose 0.1% to 4,182.12. Japan's Nikkei 225 added 0.2% to finish at 29,053.97, while South Korea's Kospi slipped 1.1% to 3,181.47. Australia's S&P/ASX 200 added 0.4% to 7,064.70. Hong Kong's Hang Seng climbed 0.5% to 29,071.34, while the Shanghai Composite rose 0.4% to 3,457.07. Analysts said Asian investors have adopted a wait-and-see stance ahead of the Fed meeting. But the wider point and the bigger driver of markets, as equities shuffled nervously ahead of the FOMC meeting today, is arguably just how much restraint the Fed will exercise, said Venkateswaran Lavanya at Mizuho Bank. Also on tap is President Joe Biden's speech

Covid 2nd wave severity will determine pace of growth: FT's Radhakrishnan

Faster-than-expected recovery in the US economy and the resultant tapering of stimulus by the US Federal Reserve could potentially affect risk sentiment and impact flows to emerging markets like India

RIL, pvt banks take Sensex 558 pts up; Nifty tops 14,650; Nifty Metal up 3%

Hindalco, L&T, Tata Steel, Divis Labs, Reliance Industries, Bajaj Finance, and SBI were the top gainers on the 50-share pack

US Fed's 'maximum employment' push may fall short in post-pandemic economy

The Fed is not expected to change its policy guidance after its two-day meeting this week

Unfair charge

India is not using currency to gain unfair advantage

Central banks to pour money into major economies despite sharp rebound

The outlook suggests officials still want to guarantee the recovery from last year's coronavirus recession by maintaining ultra-low borrowing costs and asset-buying programs

US employment growth picks up, hiring remains a widespread challenge: Fed

US employment growth has recently picked up, but hiring remains a "widespread" challenge, the Federal Reserve said

Global Markets: US stock futures buoyant on easing inflation fears

LONDON (Reuters) - U.S. stock futures were buoyant before the open on Friday after the S&P 500 rose to a record on Thursday on easing inflation fears, and world stocks also scored a record high.

Gold hits three-week peak as Fed's dovish tone pressures dollar, yields

(Reuters) - Gold scaled a three-week peak on Thursday after minutes from the Federal Reserve's latest policy meeting reassured investors that interest rates will remain low for some time, pushing the dollar and U.S. yields lower.

S&P 500 hits new high by gains in tech stocks after Fed keeps rates low

(Reuters) - The benchmark S&P 500 hit a record high on Thursday, helped by gains in tech-related stocks, a day after the Federal Reserve reiterated its pledge to keep interest rates low until the economic recovery is more secure.

Gold gains as dollar, yields fall after US Federal Reserve maintains stance

Spot gold gained 0.3 per cent at $1,741.85 per ounce by 0927 GMT. US gold futures rose 0.1 per cent to $1,742.90 per ounce

Global shares lifted to record highs by lockdown easing, benign Fed

Stocks in Europe reached record highs, buoyed by optimism in Britain over easing lockdown restrictions, while a benign outlook for US interest rates was set to push Wall Street to new heights

Fed expects to keep supporting economy 'for some time,' minutes show

The median Fed policymaker projection for economic growth in 2021 was increased from 4.2% as of December to 6.5%, which would if achieved be the fastest rate of expansion since 1984

S&P closes slightly higher after Fed minutes feed stable rate view

The gains were minor and short-lived. Many market participants question whether the Fed will hold off so long on a rate hike

Gold eases on swift recovery bets as focus turns to Fed Reserve minutes

Non-yielding bullion is highly sensitive to higher rates, as they increase the opportunity cost of holding gold and boost dollar and bond yields.

Gold price falls on swift economic recovery hopes; US Fed minutes eyed

Spot gold was down 0.4% to $1,737.09 per ounce by 0946 GMT. US gold futures slipped 0.3% to $1,737.70 per ounce

World economy risks 'dangerously diverging' even as growth booms

While America's booming economy will undoubtedly act as a driver for the rest of the world by sucking in imports, there could also be some grumbling about the higher market borrowing costs

'Optimistic' Federal Reserve policymakers see US economy about to boom

Federal Reserve policymakers are optimistic about the US economic outlook as more Americans are vaccinated and government aid gets to households and businesses, and they are not going to stand in way

Use any market correction to stock up on cyclicals, says Chris Wood

Besides Wood, analysts at Credit Suisse Wealth Management also recommend hiking exposure to cyclical stocks as they do not see a repeat of the stringent lockdown seen in 2020