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BOE RATE HIKE NEWS
Gold poised for biggest monthly drop since 2008 amid Fed rate hike expectationsGold prices are experiencing a significant monthly drop, nearing their largest decline since 2008. This downturn is driven by expectations ...- Air India upgrades Delhi-Melbourne flights with First Class, Wi-Fi from July 1Air India is enhancing its Delhi-Melbourne route from July 1 by introducing a refurbished Boeing 777-300ER, featuring a new First Class cab...
- Surprisingly quick oil price retreat eases urgency for European Central Bank to act, sources sayEuropean Central Bank policymakers are less pressured to raise interest rates next month due to a swift drop in oil prices. While a hike is...
- Gold set for fourth monthly fall on bets of Fed rate hikesGold prices tumbled over 1% on Tuesday, heading for a fourth consecutive monthly drop. Shifting from Middle East concerns, the market now a...
- Yen hits 40-year low as clock ticks on interventionThe Japanese yen hit a 40-year low against the dollar, sparking speculation of government intervention. Despite past efforts, the yen conti...
- Goldman backs India 30-year bonds as Iran war impact containedGoldman Sachs has recommended buying India's 30-year government bonds, citing easing inflation expectations, lower oil prices and reduced f...
- Wall Street Week Ahead: Jobs data, rate bets in focus as US stocks close solid first halfUpcoming jobs data could signal a strong U.S. economy, potentially leading to interest rate hikes and stock market jitters, especially for ...
- Gold heads for fourth weekly loss amid Fed rate hike expectationsGold prices are facing a significant downturn, nearing a fourth consecutive weekly loss, as a robust US dollar and anticipated aggressive i...
- US Stock Market: Sticky inflation keeps September Fed rate hike on table despite July pause expectationsUS Federal Reserve is expected to hold rates steady at its July meeting despite inflation hitting a three-year high. Markets see a possible...
- Gold poised for fourth weekly loss as hawkish Fed bets buoy dollarGold is poised for its fourth consecutive weekly decline, weighed down by a strengthening dollar amid expectations of U.S. interest rate hi...
- US inflation tops 4% for first time in three years, keeping Fed hike in playUS inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve's interest rate hike plans on the table fo...
- Dollar rides high on Fed rate-hike betsThe US dollar is experiencing a significant surge, reaching multi-month highs against major currencies like the euro and yen. This strength...
- RBI's Malhotra says rate hike talk is premature, stays in wait-and-watch modeReserve Bank Governor Sanjay Malhotra stated that a rate hike is premature, emphasizing the central bank's cautious, data-dependent approac...
- Global Market: BOJ policymakers push for faster rate hikes as inflation risks mountThe Bank of Japan is growing more concerned about persistent inflation, with some policymakers advocating faster interest rate hikes after ...
- Rupee falls 6 paise to close at 94.73The Indian rupee weakened by six paise against the US dollar on Tuesday, closing at 94.73. This dip was primarily driven by a surge in the ...
- Dollar hits one-year high on Fed hike bets; yen nears 40-year lowThe US dollar surged to a year-high on Tuesday, driven by expectations of a more aggressive Federal Reserve and ongoing Middle East uncerta...
- Bank of England votes 7-2 to hold rates at 3.75%The Bank of England has chosen to maintain interest rates at 3.75 percent, a decision that aligns with prevailing predictions among economi...
- UK Pound hits two-month low as dollar surges and BoE holds ratesThe British pound has fallen to its lowest point in two months. This happened as the US dollar strengthened due to expectations of interest...
- Gold recoups losses as oil prices fall on Iran dealGold prices saw a significant jump on Thursday, recovering from earlier declines. This surge followed a drop in oil prices. The United Stat...
- Dollar jumps as Fed holds rates but projects one hike later this yearThe dollar strengthened as the Federal Reserve held interest rates steady but signaled a potential hike later this year, with policymakers ...
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