Thu, Nov 02, 2023
Powell said the better course of action for now, given the uncertainties, was to maintain the Fed's benchmark overnight interest rate in the current 5.25 per cent-5.50 per cent range, and see how job and price data evolve between now and the next policy meeting in December.
Wed, Nov 01, 2023
With financial markets expecting the U.S. central bank to keep interest rates on hold at the end of a two-day policy meeting on Wednesday, policymakers now have to judge whether the economy's stronger-than-anticipated performance is a last gasp of the consumer splurge that began during the COVID-19 pandemic, or evidence that monetary policy still isn't strict enough to fully return inflation to the Fed's 2% target.
Sun, Oct 29, 2023
The trading activity of foreign investors and the movement of global oil benchmark Brent crude will also be tracked.
Tue, Sep 20, 2016
MSCI`s broadest index of Asia-Pacific shares outside Japan was slightly lower in early trading, after major US indexes ended a choppy session nearly flat.
Sat, Sep 17, 2016
The possibility of a $14 billion (nearly Rs 93,138.5 crore) fine for Deutsche Bank and a slide in oil prices hit financials and energy stocks on Friday, leading major global stock indexes lower.
Fri, Sep 16, 2016
The Indian rupee opened higher at 16 paise at 66.86 against dollar as compared to the previous close of 67.02.
The dwindling chances of a rate hike helped boost US stock indexes between 1% and 1.5% on Thursday.
Tue, Sep 13, 2016
On Monday, the NSE Nifty dropped 1.70%, while the BSE Sensex fell 1.54%.
The comments solidified the view the US central bank would leave interest rates unchanged next week.
Mon, Sep 12, 2016
Shanghai followed with a fall of 1.5%, while Australian stocks sank 2%.
Wed, Sep 07, 2016
World stocks hit their highest in more than a year and the dollar fell against the yen on Wednesday as expectations of a rise in US Federal Reserve interest rates receded after weak US economic data.
Wall Street looked set to open flat to slightly lower, according to index futures.
China's foreign exchange reserves fell to the lowest since 2011 in August as the central bank intervened to support the yuan currency as it weakened to near-six year lows.
The euro rose 0.96% against the dollar, the biggest daily gain in three months on Tuesday and last stood at $1.1247.
Mon, Sep 05, 2016
Japan`s Nikkei stock index surged 1% to three-month highs.
Fri, Sep 02, 2016
US employment growth slowed more than expected in August after two straight months of robust gains and wage gains moderated, which could effectively rule out an interest rate increase from the US Federal Reserve this month.
Tue, Aug 30, 2016
Fed Chair Janet Yellen on Friday said the case for a rate increase was strengthening, but provided little detail on when the Fed would next move.
On Wall Street, the Dow ended Monday up 0.58%, while the S&P 500 added 0.52% and the Nasdaq 0.26%.
Mon, Aug 29, 2016
Indian Rupee depreciated by 8 paise at 67.14 per dollar versus 67.06 on Friday.
The odds of a hike in September rose to 30% following the comments from 21% on Thursday, according to CME Group's FedWatch tool.
Thu, Aug 25, 2016
Gold rose slightly on Thursday after hitting a four-week low in the previous session, with the US dollar losing strength ahead of a speech by US Federal Reserve Chair Janet Yellen that will be closely watched for clues on US interest rate policy.
Wed, Aug 24, 2016
Gold was trading in a narrow range on Wednesday as investors waited for clues on whether the US Federal Reserve would hike interest rates this year.
The US dollar edged up on Wednesday, moving off lows touched against the yen overnight, as markets looked to a gathering of global central bankers in Jackson Hole, Wyoming for clues on whether the Federal Reserve is poised to hike interest rates again.
Tue, Aug 23, 2016
Indian shares closed little changed on Tuesday as investors were cautious ahead of US Federal Reserve Chair Janet Yellen's speech later this week at the gathering of central bankers in Jackson Hole, Wyoming, for further cues on US interest rates.
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