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.
Thu, Feb 22, 2018
Most Asian share markets followed S&P 500 futures lower on Thursday as speculation of faster hikes in U.S interest rates soured risk appetite globally.
Wed, Feb 21, 2018
Gold prices hit their lowest in a week on Wednesday as the dollar steadied after a recovery from last week`s three-year low, while investors awaited the minutes of the U.S. Federal Reserve`s last policy meeting for clues on the pace of interest rate hikes this year.
Tue, Feb 20, 2018
Gold prices in India are given for 24 karat and 22 karat gold in rupees per 10 grams.
Fri, Feb 16, 2018
Thu, Feb 15, 2018
In India, 24 karat gold of 10 gram was priced at Rs 32,421, up by Rs 174, compared to previous day price of Rs 32,247, as per data given by good returns.
Wed, Feb 14, 2018
Gold in India has over the years been a perfect hedge against inflation. Investors are increasingly looking at gold as an important investment.
Tue, Feb 13, 2018
Sat, Feb 03, 2018
US Federal Reserve chair Janet Yellen will join the Brookings Institution, a Washington-based think tank, after the expiry of her term as Fed chair.
Wells is not allowed to grow beyond the $1.95 trillion in assets it had at the end of last year "until it sufficiently improves its governance and controls," the Fed said in a statement.
Tue, Jan 16, 2018
Gold prices hit a four-month peak on Monday as the U.S. dollar index slumped to its lowest in three years but analysts said the greenback`s slide could be short-lived as it was not driven by fundamentals.
Fri, Dec 15, 2017
The planned tax overhaul will slash the U.S. corporate tax rate to 21 percent, helping to fuel a burst of growth in 2018 according to the U.S. Federal Reserve. It also cheered up investors who have been betting on expansionary U.S. policies all year.
Thu, Dec 14, 2017
At the National Stock Exchange (NSE), the broader 51-scrip Nifty, which had closed at 10,192.95 points, was quoting at 10,223.90 points, up by 30.95 points or 0.30 per cent.
Tue, Nov 28, 2017
As a nominee to lead the Fed, veteran governor Jerome Powell sides with the outgoing chair Janet Yellen in arguing that the Fed`s easy money policy has paid off by bringing millions back to work without any clear sign it has thrown markets off kilter.
Fri, Nov 03, 2017
Investors also took keen interest in the unveiling of tax reforms by House Republicans in Washington.
A holiday in Japan kept volumes light, while investors observed the usual caution ahead of the US payrolls report which is expected to show a big bounce back from September`s hurricane-hit result.
Thu, Nov 02, 2017
Sensex firm up 45.53 points, or 0.13%, to 33,645.80. It rallied 387.14 points to close at a record high of 33,600.27 in the previous session.
Wed, Oct 25, 2017
Japan's Nikkei stock index was up 0.5% in early trading, on track for an unprecedented 17th straight session of gains after the victory of Prime Minister Shinzo Abe's coalition in Sunday's election raised investors' hopes
Thu, Sep 28, 2017
The dollar also drew support from strong U.S. durable goods orders data that cemented expectations the Federal Reserve is on course to raise interest rates for the third time this year in December.
Wed, Sep 27, 2017
Asian stocks hovered near multi-week lows as tensions in the Korean peninsula remain elevated. The dollar climbed to a one-month high and bond yields rose on Wednesday as risks grew for a US interest rate hike in December
Fri, Sep 22, 2017
The dollar was steady at 112.445 yen and on track to end 1.4 percent higher on the week, during which it brushed a two-month high of 112.725 as U.S. yields spiked on the back of the Fed`s hawkish stance.
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