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Fed's Daly says US economic fundamentals in a 'good place'Mary Daly, the head of the San Francisco Federal Reserve, is optimistic about the vitality of the US economy. With consumers maintaining th...- Dow crashes 600 pts, Nasdaq 400 pts as fresh data ignites inflation concernsWall Street's major indexes fell sharply due to increased inflation fears and consumer sentiment deterioration. The Commerce Department dat...
- US stocks open mixed as investors digest earningsWall Street's main indexes were mixed on Tuesday as investors parsed quarterly results from companies such as UnitedHealth and Bank of Amer...
- Asian stocks fluctuate as Nvidia earnings awaited: Markets wrapAsian markets moved in narrow ranges following declines in tech giants dragging Wall Street down. Japanese and South Korean stocks turned s...
- US stocks gain ahead of Fed officials' remarks; Dow nears 40,000 markIndexes were inching closer to record highs following a selloff last month, as a slew of economic data pointed to a cooling US labour marke...
- No justifications for gold's recent rally, investors riding on Fed rate cut hopeGold closed at a record high of $2330 amidst escalating Middle East tensions, positive US economic data, and hints of potential rate cuts b...
- Wall St kicks off week higher ahead of inflation numbersIcahn Enterprises jumped 19.0% after the investment firm said Carl Icahn and banks have finalized amended loan agreements that untie the ac...
- Mary Daly says more Fed rate hikes likely"It's clear there is more work to do," Daly said in a speech Saturday at Princeton University in New Jersey. "In order to put this episode ...
- Bank, IT stocks drag key indices down 1%; Nifty slips below 18kThe Sensex closed at 60,115.48, down 631.83 or 1.04%, after breaching 60,000 earlier in the session. The Nifty fell 187.05 points, or 1.03%...
- Dollar stabilises near seven-month lows"Markets are realizing we've reduced exposure to the dollar ahead of CPI, and there is still a sizable risk that US inflation conditions re...
- Dollar steadies as China COVID fears lingerSpeeches delivered by Fed speakers overnight delivered few surprises, with Cleveland Fed President Loretta Mester saying the central bank c...
- Fed policymakers press ahead with inflation fight, even with markets in turmoilWhile "no one knows for sure" if there is a big problem lurking in the financial sector right now, "so far, we haven't seen the kind of mar...
- Fed united on need for higher rates, divided over how highInvestors may get a better read on the Fed's likely actions in coming months next Friday, Aug. 26, when Fed Chair Jerome Powell gives a hig...
- Japan's yen bears brunt of market rethink on Fed"The market will come to a realization that the FOMC has a lot more work to do and they will have to increase the funds rate to as high as ...
- Waller backs March Fed liftoff, Daly sees two or three 2022 hikesFederal Reserve Governor Christopher Waller said a faster wind-down of the U.S. central bank’s bond-buying program positions it to start ra...
- Dollar reigns as hawkish Fed stands out among central banksThe U.S. dollar traded at its highest in over a year to the euro and near a five-year high against the yen as a hawkish tilt by Federal Res...
- India Inc earnings, taper talks among key factors that may drive market this weekBSE Sensex and its broader peer Nifty50 added more than 2 per cent each during the week. Broader indices marched along with the benchmarks ...
- Taper talks, macro data among key factors that will drive market this weekThis week, the market momentum is likely to be decided by industrial output data. Concerns over production in the domestic auto sector due ...
- Dollar at 4-week low on retreating Treasury yieldsThe benchmark 10-year US Treasury yield dipped to a one-month low of 1.528% overnight, moving further away from March's 1.776%, its highest...
- Dollar clings on, yen creeps higher as Fed speakers in focusAgainst a basket of currencies the dollar was steady at 92.943, roughly in the middle of a range it has kept for about two months.
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