Jerome Powell may use Jackson Hole speech to hint at how fast and how far the Fed could cut ratesFederal Reserve officials believed they were close to achieving their inflation target. With interest rates scheduled for a potential cut n...
20 Aug, 2024, 01.25 PM IST
Fed seen raising rates to 5.1%, then may stopTraders are now betting heavily that the Fed will continue to raise rates, by a quarter of a percent at each of its next two meetings in Ma...
14 Feb, 2023, 09.38 PM IST
Dollar firms ahead of US inflation data; PBOC clips yuan's wingsThe dollar was firm on Friday ahead of U.S. inflation figures, which could settle the course of interest rates, while the Chinese yuan was ...
10 Dec, 2021, 07.18 AM IST
Tech shares lead tentative Asian market rally as Powell soothes investorsTech stocks were bid in Asia - notably in Taiwan where chipmakers helped the benchmark index rise 1%. MSCI's broadest index of Asia-Pacific...
23 Jun, 2021, 08.54 AM IST
Dollar pauses ahead of Fed testimony, cryptocurrencies attempt recoveryThe greenback had gained sharply since the Fed last week flagged sooner-than-expected interest rate hikes, although it dipped on Monday to ...
22 Jun, 2021, 04.05 PM IST
Investors turn skeptical of US Democrat ‘Blue Wave’ victoryWhen Democrat Joe Biden’s poll numbers increased, numerous strategists started talking about the idea of a “Blue Wave,” where his party wou...
14 Oct, 2020, 08.37 PM IST
Dollar dips as market risk sentiment soursThe US currency gained more than 0.2 per cent against a basket of currencies, as risk sentiment soured in early trading in Europe.
24 Jun, 2020, 02.14 PM IST
Global stocks slip as markets await Trump's HK responseMSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3%. The Nikkei retreated from a three-month high and, though moves were s...
29 May, 2020, 08.54 AM IST
Asia shares follow Wall Street higher, but coronavirus risk lurksMSCI's broadest index of Asia-Pacific shares outside Japan added 0.2 per cent, in its fourth day of gains.
05 Mar, 2020, 07.52 AM IST
Current US expansion could become longest on recordEven with a recent uptick, interest payments still remain incredibly low.
15 Mar, 2018, 10.54 AM IST
No bubble in stocks but look out when bonds pop, Greenspan saysRight now, the model shows US stocks at one of the most compelling levels ever relative to bonds.
01 Aug, 2017, 03.49 PM IST
Is Fed readying a shock therapy for markets? Two of Fed’s own dealers say soEconomists say traders have too steeply discounted officials’ intent to hike after the Fed has remained on hold for longer than expected.
20 Sep, 2016, 12.07 PM IST
What do the Fed minutes really sayThe headline explanation was that there are global economic and financial headwinds that continue to pose risks to the US economy.
07 Apr, 2016, 07.33 AM IST
Janet Yellen to stress gradual rate hikesJanet Yellen will leave expectations for a December interest-rate rise in place when she speaks publicly twice this week.
02 Dec, 2015, 08.31 AM IST
Indian-origin man in US pleads guilty to $9 million Facebook stock fraudAn Indian-origin investment advisor, Gignesh Movalia, pleaded guilty to perpetrating a $9 mn investment fraud scheme involving Facebook sto...
14 Aug, 2015, 11.07 AM IST
- US trade gap probably shrank in November to $41.2 billion: Economists
Trade deficit in the US probably narrowed in Nov as fuel imports dropped and exports rebounded, economists said.
07 Jan, 2013, 06.19 AM IST
- US factory orders falter, housing mood sours
Orders and sales at New York manufacturers decreased in August for the first time in more than a year and US homebuilders turned more pessi...
17 Aug, 2010, 05.12 AM IST