US Federal Reserve

Janet Yellen to step down from Federal Reserve board

Janet Yellen to step down from Federal Reserve board

Yellen's decision gives Trump in his first year in office the chance to fill five positions on the Fed's seven-member board, in addition to picking Powell to be the next Fed chairman.

Nov 21, 2017, 07:14 AM IST
Sensex, Nifty stay the course, hit new peaks on fund inflows, PMI data

Sensex, Nifty stay the course, hit new peaks on fund inflows, PMI data

The 30-share BSE index firmed up to an all-time intra-day high of 33,733.71 on a flurry of buying, breaching its previous record of 33,657.57 hit yesterday.

Nov 03, 2017, 17:22 PM IST
Sensex mirrors Asian gains, goes up after Fed holds rates

Sensex mirrors Asian gains, goes up after Fed holds rates

The National Stock Exchange index Nifty too was up 8.55 points, or 0.08 percent, to trade at 10,449.05.

Nov 02, 2017, 10:15 AM IST
Donald Trump to nominate Jerome Powell as next Fed chairman

Donald Trump to nominate Jerome Powell as next Fed chairman

The appointment of Powell is likely to be well received on Wall Street, as he has never dissented from any monetary policy decision since becoming governor in May 2012.

Nov 02, 2017, 09:34 AM IST
Raghuram Rajan ideal candidate to head US Fed: Barron's magazine

Raghuram Rajan ideal candidate to head US Fed: Barron's magazine

Rajan, who at 40 was the first non-western and the youngest to become the chief economist at the International Monetary Fund, shot to big fame three years after he predicted a financial crisis at an annual gathering of economists and bankers in the US in 2005.

Oct 31, 2017, 16:50 PM IST
Gold prices hover below $1,300-mark amid firm dollar

Gold prices hover below $1,300-mark amid firm dollar

The Fed will probably need to raise interest rates in December and then three of four times "over the course of next year", assuming the US unemployment rate continues to fall and inflation rises, Boston Fed President Eric Rosengren said.

Oct 17, 2017, 07:45 AM IST
Oil prices firm as Iraq tensions escalate, shares extend rally

Oil prices firm as Iraq tensions escalate, shares extend rally

Oil prices held near their highest levels in more than two weeks after Iraqi government forces captured the major Kurdish-held oil city of Kirkuk in a response to a Kurdish independence referendum, raising worries about oil supply.

Oct 17, 2017, 06:57 AM IST
Gold price little changed in quiet trade ahead of US jobs data

Gold price little changed in quiet trade ahead of US jobs data

Markets awaited US non-farm payrolls data on Friday, with investors expecting a slowdown in new jobs due to disruptions from two major hurricanes in September.

Oct 05, 2017, 13:18 PM IST
Gold price falls to 7-week low as dollar firms

Gold price falls to 7-week low as dollar firms

Proposed US tax reforms and growing odds of a December interest rate hike by the Federal Reserve have also helped support the greenback.

Oct 03, 2017, 14:29 PM IST
Market continues downtrend; Sensex plunges 440 points, Nifty dips below 9,800-mark

Market continues downtrend; Sensex plunges 440 points, Nifty dips below 9,800-mark

Extending its falling streak for the seventh straight session -- the longest losing streak since December 22 -- the 30-share index fell by 439.95 points, or 1.39 percent, to settle at 31,159.81 as RIL, HDFC, HDFC Bank, ITC, SBI and L&T dropped.

Sep 27, 2017, 13:32 PM IST
Gold price snaps 4-day losing streak, rises to Rs 30,750 per 10 grams

Gold price snaps 4-day losing streak, rises to Rs 30,750 per 10 grams

In the national capital, gold of 99.9 percent and 99.5 percent purity rose by Rs 150 each to Rs 30,750 and Rs 30,600 per 10 grams, respectively.

Sep 20, 2017, 15:33 PM IST
'Markets to take cues from Fed meet, geo-political developments'

'Markets to take cues from Fed meet, geo-political developments'

Stock market sentiment this week will be largely guided by geo-political developments in the Korean peninsula and the outcome of the US Federal Reserve meeting, say experts.

Sep 17, 2017, 13:14 PM IST
China's debt spectre could haunt Fed's policy meetings

China's debt spectre could haunt Fed's policy meetings

Two years ago, it was a collapse in Chinese stocks, a surprise yuan devaluation and shrinking foreign exchange reserves that roiled financial markets that delayed the Fed, but it did raise rates three months later and has tightened further since.

Jul 24, 2017, 09:23 AM IST
Dow, S&P notch record closes on dimmed rate hike prospects

Dow, S&P notch record closes on dimmed rate hike prospects

The Dow and S&P 500 hit record highs on Friday after weak economic data dulled prospects of more interest rate hikes this year.

Jul 15, 2017, 11:27 AM IST
For first time ever ​Sensex crosses 32,000-mark, Nifty climbs to new high on rate cut hopes

For first time ever ​Sensex crosses 32,000-mark, Nifty climbs to new high on rate cut hopes

The Sensex went past the 32,000-mark for the first time ever soaring over 232 points and the NSE Nifty closed at a new peak 9,892 Thursday as inflation touched a record low, offering the RBI leeway for a policy rate cut.

Jul 13, 2017, 16:28 PM IST
Gold price tops Rs 29,000-mark, up Rs 160 on firm global cues

Gold price tops Rs 29,000-mark, up Rs 160 on firm global cues

Gold regained the Rs 29,000-mark by rising Rs 160 to Rs 29,050 per 10 grams at the bullion market Thursday largely in tandem with a firm global trend and persistent buying by local jewellers.

Jul 13, 2017, 15:41 PM IST
Global growth to boost US exports: Fed chair Yellen

Global growth to boost US exports: Fed chair Yellen

Projecting an upbeat economic prospect for America, federal reserve chair Janet Yellen has told US lawmakers that global growth is expected to boost the country's exports.

Jul 13, 2017, 13:22 PM IST
Gold price surges by Rs 110 to Rs 28,890 per 10 grams

Gold price surges by Rs 110 to Rs 28,890 per 10 grams

Gold prices surged by Rs 110 to Rs 28,890 per 10 grams Tuesday, riding largely on a firm trend overseas, along with increased buying by local jewellers.

 

Jul 12, 2017, 15:36 PM IST
Sensex, Nifty break into new highs ahead of earnings

Sensex, Nifty break into new highs ahead of earnings

Regulator Sebi's new norms on P-notes took markets higher, but stocks could not go the whole hog in view of caution due to US Fed's testimony tomorrow, which is expected to provide timing on balancesheet trimming.

Jul 11, 2017, 16:55 PM IST
Rupee trades up 5 paise at 64.73 against dollar

Rupee trades up 5 paise at 64.73 against dollar

The dollar turned weak overseas after a key US employment report showed that job growth has slowed, which helped the rupee.

Jul 07, 2017, 09:52 AM IST