Us Interest Rates
India's foreign exchange reserves post biggest weekly fall in 10 months
RBI likely sold dollars to shield rupee amid Fed hike concerns
 "India's foreign exchange reserves post biggest weekly fall in 10 months")
Rupee, bonds take a sharp knock as Fed maintains aggressive stance
The domestic currency has depreciated over 10% against the greenback so far this year
 "Rupee, bonds take a sharp knock as Fed maintains aggressive stance")
F&O expiry: Sensex ends at record closing peak, up 762pts; Nifty near 18500
CLOSING BELL: A surprise dovish tone by the US Federal Reserve, where it said that the central bank is looking to slow the pace of rate hike, cheered market bulls
 "F&O expiry: Sensex ends at record closing peak, up 762pts; Nifty near 18500")
Gold prices bounce back above key level as Fed signals slower rate hikes
Lower rates tend to lift the appeal for bullion in comparison with other interest-bearing assets
 "Gold prices bounce back above key level as Fed signals slower rate hikes")
Rupee sheds 0.2% to dollar as Covid worries trigger slump in yuan
Talk of persistent rate hikes by US Fed officials also drags rupee lower
 "Rupee sheds 0.2% to dollar as Covid worries trigger slump in yuan")
Bond yields track US peers on Federal Reserve interest rate hike
Total trade volumes in the regular secondary bond market were at Rs 21,150 crore on Thursday
 "Bond yields track US peers on Federal Reserve interest rate hike")
Sensex snaps 4-day winning run, slips 215 pts ahead of US Fed rate decision
Market Wrap: Bharti Airtel, Maruti, HCL Technologies and Hindustan Unilever were the prominent losers, while ITC and Sun Pharma finished with steady gains.
 "Sensex snaps 4-day winning run, slips 215 pts ahead of US Fed rate decision")
Mark Mobius warns Fed interest rates will hit 9% if inflation persists
If inflation is 8%, the playbook says you've got to raise rates higher than inflation, which means 9%, says the co-founder of Mobius Capital Partners
 "Mark Mobius warns Fed interest rates will hit 9% if inflation persists")
Asian govts spent $50 bn in Sept to defend currencies from strong US dollar
Dollar sales in the region over the first nine months of the year have reached approximately $89 billion including Japan, marking the most active period for foreign-exchange expenditures
 "Asian govts spent $50 bn in Sept to defend currencies from strong US dollar")
Even Indian bonds are not spicy enough for global investors to bite
What will break the impasse and when? Apart from some simplification of processes and taxation, a lot will depend on the Reserve Bank of India's policies, especially on exchange rates.
 "Even Indian bonds are not spicy enough for global investors to bite")
Hong Kong homes on the verge of becoming least affordable in 24 years
Hong Kong housing is at risk of becoming the least affordable in 24 years, as rate hikes by the US Federal Reserve drive up borrowing costs in the Asian financial hub
 "Hong Kong homes on the verge of becoming least affordable in 24 years")
Top Headlines: Fed's 3rd big hike, liquidity slides into deficit, and more
Federal Reserve officials raised interest rates by 75 basis points for the third consecutive time and forecast they would reach 4.6% in 2023
 "Top Headlines: Fed's 3rd big hike, liquidity slides into deficit, and more")
Foreign fund flows remain weak for banks despite RBI's liberal steps
The measures have brought in $1.5-2 billion so far; response to relaxed FX norms tepid as US rates higher, RBI not acting as counterparty
 "Foreign fund flows remain weak for banks despite RBI's liberal steps")
RBI is anchoring expectations on rupee weakness, says Shaktikanta Das
He expects inflation to fall within tolerance band by January-March
 "RBI is anchoring expectations on rupee weakness, says Shaktikanta Das")
FOMO or attractive valuation? What drew FIIs back to Indian equities?
The change in their stance, analysts said, stems from the hope that the global central banks, especially US Fed may go soft on rate hikes as inflation cools off over the next few months.
 "FOMO or attractive valuation? What drew FIIs back to Indian equities?")
At 13.8% gains, India best-performing stock market since June lows
The benchmark Nifty50 Index has gained the most among major global markets, soaring 13.8 per cent since June 17, when it had dropped to its lowest levels in 13 months
 "At 13.8% gains, India best-performing stock market since June lows")
Indian diaspora, global bankers may profit from New Delhi's dollar crunch
India isn't in the same boat as its South Asian neighbors, even though it's in the same choppy waters
 "Indian diaspora, global bankers may profit from New Delhi's dollar crunch")
Rupee, bonds gain on 'less hawkish' policy despite US Fed rate hike
Fed Chair Powell's comments suggest slower pace of hikes going ahead, say markets
 "Rupee, bonds gain on 'less hawkish' policy despite US Fed rate hike")
Rupee at 80: Neutral impact for India's pharma industry, say experts
India's pharma sector exported drugs worth Rs 1.8 trillion in 2021-22, while APIs worth Rs 30,000 crore were imported
 "Rupee at 80: Neutral impact for India's pharma industry, say experts")
With rupee at new low, Indian bonds may be worst hit if recession grips US
Indian bonds have declined in tandem with a slide in the rupee. The currency is now hovering close to a record low against the dollar as elevated commodity prices stoke inflation and boost the subsidy
 "With rupee at new low, Indian bonds may be worst hit if recession grips US")
