Powered by: Motilal Oswal

News

Gold slips as dollar gains, investors assess Fed stance By Arundhati Sarkar Gold retreated on Monday as the dollar climbed, while investors looked for hints on a shift in Federal Reserve monetary policy which has so far kept a leash on bullion prices. Spot gold fell 0.4% to $1,649.51 per ounce by 1247 GMT. U.S. gold futures eased 0.1% to $1,653.90. Expectations that some Fed officials were debating a pause in the rapid pace of interest rate hikes helped gold rally on Friday as the U.S. dollar eased. "Gold remains pretty much at th...
Gold slips as dollar gains, investors assess Fed stance
Gold slips as dollar gains, investors assess Fed stance
Source: (Reuters)
24/10/2022 6:40:06 PM
After 12 years, TINA mindset for global equities is shaken Tighter policy rates are now scrambling the mindset that 'There Is No Alternative' (TINA) to equities, Morgan Stanley said in a report. Meanwhile, for much of the last 12 years, it was common to hear some variation of 'TINA', the idea that one needed to be long stocks and bonds because cash offered so little. Low yields were not the primary reason why stocks rallied over that time; global equities and global equity earnings simply rose by the same amount (100 per cent), ...
After 12 years, TINA mindset for global equities is shaken
After 12 years, TINA mindset for global equities is shaken
Source: IANS
19/09/2022 2:16:38 PM
Euro fragile as Fed hike looms, gas risks weigh  The euro nursed losses on Wednesday after its sharpest drop in two weeks, as a cut in Russian gas supply sent energy prices soaring, while the dollar held ground ahead of an expected U.S. interest rate hike later in the day. The euro fell about 1% to $1.0108 overnight, the largest fall since July 11 and was steady in early Asia trade at $1.0139. Europe's growth remains vulnerable to Russian gas supplies, which have become a major risk since the start of the Ukraine war. Flows ...
Euro fragile as Fed hike looms, gas risks weigh
Euro fragile as Fed hike looms, gas risks weigh
Source: Reuters
27/07/2022 8:31:23 AM
Fed meeting hogs spotlight, yen keeps sliding HONG KONG- The yen remained under pressure on Tuesday and the euro edged higher as talks between Russian and Ukrainian negotiators continued, but moves were more muted than in recent days as the market's attention turned to this week's Fed meeting. The U.S. Federal Reserve is set to raise rates for the first time since the pandemic at its meeting which concludes Wednesday, with traders looking for indications about the pace of future rate hikes. Markets anticipate a 25 basis poi...
Fed meeting hogs spotlight, yen keeps sliding
Fed meeting hogs spotlight, yen keeps sliding
Source: Reuters
15/03/2022 12:21:12 PM
Gold eases as yields gain on Fed rate hike bets Gold prices eased on Monday, as U.S. Treasury yields gained on hawkish signals from the Federal Reserve and markets began to price in a sooner-than-anticipated reduction in balance sheet. FUNDAMENTALS * Spot gold was down 0.2% to $1,814.08 per ounce by 0024 GMT. U.S. gold futures edged down 0.1% at $1,815.00. * U.S. 10-year Treasury yields hovered near two-year highs hit in the previous week. [US/] * Fed Chair Jerome Powell said last week that the U.S. economy is ready for the sta...
Gold eases as yields gain on Fed rate hike bets
Gold eases as yields gain on Fed rate hike bets
Source: Accord Fintech
17/01/2022 10:40:36 AM
Dollar stagnates as traders wait on Powell for policy hints By Kevin Buckland TOKYO  - The U.S. dollar hovered near the middle of its recent range against major peers on Tuesday as traders looked to incumbent Fed Chair Jerome Powell's nomination hearing later in the day for new clues on the timing and pace of policy normalisation. In his prepared opening remarks, released Monday, Powell will pledge to prevent high inflation from becoming "entrenched," but will make no mention of plans for the path of monetary policy. Howeve...
Dollar stagnates as traders wait on Powell for policy hints
Dollar stagnates as traders wait on Powell for policy hints
Source: Reuters
11/01/2022 9:13:36 AM
Stocks fall further as U.S. yield climb unnerves investors By Koh Gui Qing NEW YORK  - U.S. stocks fell on Monday despite staging a comeback late in the day, as bets that the U.S. Federal Reserve could raise interest rates as soon as March led investors to pare risky assets and lifted the 10-year Treasury yield to a two-year high. Monday's drop follows a bruising first week of the year when a strong signal from the Fed that it would tighten policy faster to tackle inflation and then data showing a strong U.S. labor market, unnerved inv...
Stocks fall further as U.S. yield climb unnerves investors
Stocks fall further as U.S. yield climb unnerves investors
Source: Reuters
11/01/2022 8:39:27 AM
Dollar near five-year high to yen as U.S. yields surge on hawkish Fed By Kevin Buckland TOKYO - The dollar hovered near a five-year high to the yen on Thursday, supported by a surge in U.S. Treasury yields on rising bets for a Federal Reserve rate hike by March. The greenback stood at 116.115 yen, little changed from Wednesday, when it rallied back toward Tuesday's high of 116.355, lifted by more hawkish rhetoric from Fed official and a strong U.S. jobs report. Anticipation of faster policy tightening dented riskier assets, with the British pound r...
Dollar near five-year high to yen as U.S. yields surge on hawkish Fed
Dollar near five-year high to yen as U.S. yields surge on hawkish Fed
Source: Reuters
6/01/2022 10:13:42 AM
Stocks slump, Treasury yields rise on fear of a faster Fed pullback By Lawrence Delevingne BOSTON  -U.S. stocks slid and Treasury yields jumped on Wednesday after meeting minutes released by the Federal Reserve indicated that it might not only raise interest rates sooner than expected but could also reduce its overall asset holdings to tame high inflation. The Dow Jones Industrial Average fell 392.54 points, or 1.07%, to 36,407.11; the S&P 500 lost 92.96 points, or 1.94%, to 4,700.58; and the Nasdaq Composite dropped 522.54 points, or 3.34%, to...
Stocks slump, Treasury yields rise on fear of a faster Fed pullback
Stocks slump, Treasury yields rise on fear of a faster Fed pullback
Source: Reuters
6/01/2022 9:15:50 AM
Dollar on back foot after hawkish tilts by BoE, ECB By Kevin Buckland TOKYO  - The U.S. dollar remained under pressure on Friday, a day after the Bank of England and European Central Bank adopted more hawkish stances than markets had expected, giving a boost to sterling and the euro. The dollar index, which measures the currency against six major peers including the euro and British pound, started the Asian session at 95.933 following a 0.61% two-day slide that took it as low as 95.850 on Thursday for the first time since Dec. 8. ...
Dollar on back foot after hawkish tilts by BoE, ECB
Dollar on back foot after hawkish tilts by BoE, ECB
Source: Reuters
17/12/2021 10:36:30 AM
Quote on US FED pivots, RBI to follow - Q India Insights By Arvind Chari, Quantum Advisors Below is quote on US FED pivots, RBI to follow - Q India Insights By Arvind Chari, CIO- Quantum Advisors US FED pivots, RBI to follow - Q India Insights The year end parties in the financial circles will be abuzz discussing this hawkish tilt by the US Federal Reserve (FED). We believe this announcement by the FED will have a significant impact on financial markets and asset prices in 2022. The FED has signalled a shift towards prioritising inflation over its other g...
Quote on US FED pivots, RBI to follow - Q India Insights By Arvind Chari, Quantum Advisors
Quote on US FED pivots, RBI to follow - Q India Insights By Arvind Chari, Quantum Advisors
Source: Quantum Advisors Pvt Ltd
16/12/2021 12:46:51 PM
Wall Street reaps weekly gains amid Fed announcement, economic data US equities advanced for the week as Wall Street parsed the Federal Reserve's tapering announcement and a slew of economic data. For the week ending Friday, the Dow rose 1.4 per cent, the S&P 500 increased 2 per cent, and the tech-heavy Nasdaq rallied nearly 3.1 per cent, Xinhua news agency reported. The S&P US Listed China 50 index, which is designed to track the performance of the 50 largest Chinese companies listed on US exchanges by total market cap, logged a weekly decl...
Wall Street reaps weekly gains amid Fed announcement, economic data
Wall Street reaps weekly gains amid Fed announcement, economic data
Source: IANS
7/11/2021 9:08:55 AM
Investors buy post-Fed dollar dip, BoE sinks sterling By Julien Ponthus and Alun John LONDON - The dollar rebounded on Thursday, recovering after the Federal Reserve repeated it saw high inflation as transitory, while sterling dropped after the Bank of England unexpectedly kept interest rates on hold. The Fed announced on Wednesday a $15 billion monthly cut to its $120 billion in monthly purchases of Treasuries and mortgage-backed securities, but Chairman Jerome Powell said he was in no rush to hike borrowing costs. The move was initial...
Investors buy post-Fed dollar dip, BoE sinks sterling
Investors buy post-Fed dollar dip, BoE sinks sterling
Source: Reuters
4/11/2021 7:09:58 PM
Gold jumps 1% as Fed signals patience on rate hikes, BoE holds fire By Amy Caren Daniel Gold prices jumped 1% on Thursday after the Federal Reserve indicated it would be patient on raising interest rates and as the Bank of England defied expectations of more hawkish policy. Spot gold was up 1% to $1,787.26 per ounce at 1241 GMT, after touching a three-week low on Wednesday. U.S. gold futures for December delivery jumped 1.3% to $1,787.00 per ounce. "Gold is trying to recover some of yesterday's losses and the market is taking some comfort fr...
Gold jumps 1% as Fed signals patience on rate hikes, BoE holds fire
Gold jumps 1% as Fed signals patience on rate hikes, BoE holds fire
Source: Reuters
4/11/2021 6:56:48 PM
Gold climbs as slower U.S. jobs growth clouds Fed taper timeline Gold advanced more than 1% to its highest in 2-1/2 months on Friday, as a slower-than-expected U.S. jobs growth in August drove the dollar lower, casting doubts on the Federal Reserve's tapering timeline. Spot gold was up 1.2% at $1,830.71 per ounce by 1:33 p.m. EDT (1733 GMT), after hitting its highest since mid-June at $1,833.80, on track to a fourth straight weekly gain. U.S. gold futures settled 1.2% higher at $1,833.7. U.S. job growth came in well below expectations in Augus...
Gold climbs as slower U.S. jobs growth clouds Fed taper timeline
Gold climbs as slower U.S. jobs growth clouds Fed taper timeline
Source: Reuters
4/09/2021 9:12:52 AM
Global Markets: US Stocks slide, yields jump as Fed projects earlier rate hikes By Pete Schroeder WASHINGTON - Stocks fell after the U.S. Federal Reserve brought forward its projections for interest rate hikes, driving up U.S. Treasury yields and the dollar. The Fed revealed it now expected its first post-pandemic interest rate hike to come in 2023, citing an improved health situation amid the vaccine rollout. Projections showed a majority of Fed officials anticipating at least two quarter-point rate increases in 2023, although the Fed said it would keep policy sup...
Global Markets: US Stocks slide, yields jump as Fed projects earlier rate hikes
Global Markets: US Stocks slide, yields jump as Fed projects earlier rate hikes
Source: (Reuters)
17/06/2021 12:36:22 AM
Dollar jumps after Fed pulls interest rate hikes into 2023 NEW YORK - The dollar jumped against a basket of currencies on Wednesday after the Federal Reserve brought forward its projections for the first post-pandemic interest rate hikes into 2023, citing an improved health situation and dropping a longstanding reference that the crisis was weighing on the economy. The dollar index, which tracks the greenback against six major currencies, was up 0.41% at 90.901, its highest since May 7.   (Reporting by Saqib Iqbal Ahmed)
Dollar jumps after Fed pulls interest rate hikes into 2023
Dollar jumps after Fed pulls interest rate hikes into 2023
Source: (Reuters)
17/06/2021 12:16:11 AM
Fed pulls interest rate hikes into 2023 By Howard Schneider and Ann Saphir WASHINGTON (Reuters) - The Federal Reserve on Wednesday brought forward its projections for the first post-pandemic interest rate hikes into 2023, citing an improved health situation and dropping a longstanding reference that the crisis was weighing on the economy. New projections saw a majority of 11 Fed officials pencil in at least two quarter-point interest rate increases for 2023, even as officials in their statement pledged to keep policy supporti...
Fed pulls interest rate hikes into 2023
Fed pulls interest rate hikes into 2023
Source: (Reuters)
16/06/2021 11:52:24 PM
Gold falls on swift economic recovery hopes; Fed minutes eyed Gold prices fell on Wednesday as robust economic data from the United States lifted expectations of a rapid recovery and dampened bullion's appeal, while investors were waiting for minutes from the Federal Reserve's last policy meeting. Spot gold was down 0.4% to $1,737.09 per ounce by 0946 GMT. U.S. gold futures slipped 0.3% to $1,737.70 per ounce. Strong U.S. economic data is raising fears that central bank tapering can arrive sooner than expected, said ActivTrades chief analy...
Gold falls on swift economic recovery hopes; Fed minutes eyed
Gold falls on swift economic recovery hopes; Fed minutes eyed
Source: Reuters
7/04/2021 8:54:39 AM
U.S. stocks cut losses after Fed statement By Noel Randewich The S&P 500 and the Nasdaq trimmed earlier losses on Wednesday after the Fed kept interest rates steady, as expected, and said it would continue to keep its rate close to zero. In its statement following its two-day policy meeting, the Federal Reserve projected a rapid jump in U.S. economic growth and inflation this year as the COVID-19 crisis winds down, and repeated its pledge to keep its target interest rate near zero for years to come. A $1.9 trillion spendi...
U.S. stocks cut losses after Fed statement
U.S. stocks cut losses after Fed statement
Source: (Reuters)
17/03/2021 11:56:22 PM
Fed sees higher growth, above target inflation this year, rates remain steady By Howard Schneider and Ann Saphir WASHINGTON - The Federal Reserve on Wednesday projected a rapid jump in U.S. economic growth and inflation this year as the COVID-19 crisis winds down, and repeated its pledge to keep its target interest rate near zero for years to come. The U.S. central bank now sees the economy growing 6.5% this year, and the unemployment rate falling to 4.5% by year's end, compared to growth of 4.5% and unemployment of 5% projected at its December policy meeting...
Fed sees higher growth, above target inflation this year, rates remain steady
Fed sees higher growth, above target inflation this year, rates remain steady
Source: (Reuters)
17/03/2021 11:46:27 PM
Gold eases on firm dollar, yields as Fed verdict looms By Nakul Iyer Gold prices fell on Wednesday, hurt by elevated U.S. bond yields and a firmer dollar, as markets turned their attention to the outcome of the Federal Reserve's monetary policy meeting later in the day. Spot gold was down 0.2% at $1,727.49 per ounce by 1301 EDT. U.S. gold futures also eased 0.2% to $1,726.60. Benchmark U.S. Treasury yields scaled a new 13-month high, sapping non-yielding gold's appeal. The dollar index also advanced and raised the cost of holding...
Gold eases on firm dollar, yields as Fed verdict looms
Gold eases on firm dollar, yields as Fed verdict looms
Source: (Reuters) 
17/03/2021 11:33:08 PM
Fed likely to forecast biggest economic boom in a generation By Howard Schneider WASHINGTON - Federal Reserve officials are due to issue new economic projections on Wednesday, with GDP growth likely to be a blow-out number that sets the stage for an historic experiment by U.S. central bank policymakers. Fed Chair Jerome Powell and his colleagues are betting the economy can take off from the COVID-19 pandemic without generating excessive inflation, and have vowed to keep interest rates at rock-bottom levels and a spigot of money flowing for an ext...
Fed likely to forecast biggest economic boom in a generation
Fed likely to forecast biggest economic boom in a generation
Source: (Reuters)
17/03/2021 10:55:12 PM