Dollar edges to two-week high vs euro as US payroll data looms
The dollar climbed to a two-week top against the euro on Monday as traders pared bets for aggressive policy easing by the Federal Reserve with the focus now moving to …
fed rate cut
FII money: Fed rate cut in Sept may not bring in FII money immediately; RBI may not lower rates before CY25: Harsha Upadhyaya
Harsha Upadhyaya, CIO-Equity, Kotak AMC, says a Fed rate cut in the US may or may not have any impact on Indian markets as some of this is already discounted. …
Is Fed behind the curve? As unemployment rises in US, worries mount
Federal Reserve officials held off on cutting interest rates this week because they wanted to see slightly more data to feel confident that inflation is truly coming under control. While …
Fed rate cut: Fed rate cut not likely next week, but possible in September: Peter Cardillo
Peter Cardillo of Spartan Capital Securities LLC, says there is a very good possibility that with the weakness coming out of the Chinese economy, which will eventually hurt the global …
Fed faces wave of data before deciding on end-of-summer rate cut
WASHINGTON: Investors have locked onto the U.S. central bank’s Sept. 17-18 meeting for the start of interest rate cuts that Federal Reserve Chair Jerome Powell has said will represent a …
US inflation cools in May, boosting hopes of Fed rate cut
U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months, drawing the …
Gold tumbles on solid US nonfarm payroll report, China slowing down gold buying
Buoyed by rate cut expectations after the Bank of Canada and the European Central Bank (ECB) cut rates earlier this week, spot gold rose to $2,387 on Friday, the highest …
Asian shares: Asian shares slide on Fed rate cut rethink; China GDP in focus
SINGAPORE – Asian stocks fell and the dollar climbed to more than five-month highs on Tuesday as stronger-than-expected U.S. retail sales for March further reinforced expectations that the Federal Reserve …
Jefferies says US stocks can rally even if Fed doesn’t cut rates
Traders spooked by Wednesday’s hotter-than-expected inflation print need not to worry, according to Jefferies’ David Zervos, who says risk assets can thrive with or without interest rate cuts by the …
Fed rate cut: Hot US inflation report burns hopes for June rate cut
New York: US stocks fell Wednesday on worries that what seemed like a blip in the battle to bring down inflation is turning into a trend. The S&P 500 was …