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, Aug 23, 2016
Fed fund futures imply around a 24% chance of an easing in September, rising to around 50% by December.
Sat, Aug 20, 2016
Gold fell more than 1% on Friday, snapping a four-day streak of gains following conflicting signals from US Federal Reserve officials on the timing of a possible rate hike, but was still on track for its second straight week higher.
Fri, Aug 19, 2016
Gold fell for the first time in five sessions early on Friday as hawkish comments from US Federal Reserve officials renewed bets on a US rate hike this year.
* Spot gold was down 0.3% at $1,348.26 an ounce at 0103 GMT.
Wed, Aug 17, 2016
Asian shares stepped back from a one-year high on Wednesday after the influential New York Federal Reserve Bank president said the Fed could raise interest rates as soon as September, prompting investors to pause after rallies in recent weeks.
Tue, Aug 16, 2016
Gold rose for a second day on Tuesday on lower expectations that the US Federal Reserve will raise interest rates this year due to mixed macro economic signals from the world's largest economy.
Mon, Aug 15, 2016
Asian shares inched back from one-year peaks on Monday after Japanese data showed the world's third largest economy hit an air pocket last quarter, while oil prices held onto their recent gains as markets globally made a slow start to the week.
Mon, Aug 08, 2016
Gold hovered near one-week lows on Monday, after falling about 2% in the previous session, as a stronger-than-expected US jobs report likely increased the possibility of a rate hike this year by the US Federal Reserve.
Mon, Jul 11, 2016
Watch this special segment and get to know the outlook of experts on market trade and the factors that needed to keep in mind for trade in monsoon, Also catch the expert Vivek Gupta advice for investment in the stocks market here.
Sat, Jun 25, 2016
The Indian rupee is predicted to range between 67.20 to 68.20 in the very near-term.
Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments.
Top five stories of the day:
1. PM Modi to launch 82 smart city projects in Pune
Stocks on Wall Street traded down around 3%, with the Dow Jones Industrial Average dropping as much as 544 points.
Fri, Jun 17, 2016
"Japan's consumer prices are rising at a slower pace," the Cabinet Office said in its monthly economic report on Friday, while maintaining that the economy remains in a "moderate" recovery.
Thu, Jun 16, 2016
The Japanese currency's surge took a bite out of Tokyo's benchmark Nikkei stock index, which dived more than 3%, as the strong yen threatened the profit outlook for Japan's exporters.
The rupee opened higher by 67.12 against Wednesday's closing level of 67.15 at the Interbank Foreign Exchange (Forex) market in Mumbai on Thursday.
In Wednesday's statement, Fed officials gave a mixed assessment about the US economy, saying that the labour market has slowed its improvement pace, while growth in economic activity appeared to have picked up since April.
Tue, Jun 14, 2016
MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.4% in early trade, after Wall Street lost ground for the third straight session.
Mon, Jun 13, 2016
The 30-scrip index of the BSE was trading down over 300 points in the afternoon trade while NSE Nifty declined below the 8,200-mark.
MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.6%, its biggest daily fall since April 5.
Thu, Jun 09, 2016
Moreover, weakness in dollar against other currencies overseas on expectations that the US Federal Reserve will keep benchmark interest rates low for longer also supported the rupee at the Interbank Foreign Exchange market, dealers said.
Asian stocks edged up on Thursday after Wall Street gained overnight, while a weaker dollar buoyed commodities such as gold and crude oil.
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