Dollar Hits 10-week High Against Yen as Fed Bets ebb Ahead of CPI: Report
On Thursday, the value of the U.S. dollar compared to the Japanese yen reached its highest point in 10 weeks before decreasing as investors gained...
Tag : Federal Reserve
Nifty 50, Sensex Hit Record Close Before US Rate Decision
Benchmark indices Nifty 50 and Sensex remained steady throughout Tuesday, closing at record highs as traders awaited the US Federal Reserve’s key rate decision, set...
Asian Stocks Remained Steady on Anticipation of Fed Rate Outcome
Asian stocks remained stable early Tuesday following a mixed session on Wall Street, where traders increased their bets on the Federal Reserve delivering a half-point...
European Stocks Sink Ahead of U.S. Payrolls’ Report
European stocks declined for the fifth consecutive session on Friday as investors exercised caution ahead of the crucial U.S. jobs data, the final labour market...
Asian Stocks Surged as Investors Countdown to Interest Rate Cuts
Asian stocks made gains on Monday, August 26, and the yen strengthened at the beginning of the week as investors positioned themselves in anticipation of...
U.S. Fed Policy Decision: Interest Rate Steady for the 8th Consecutive Meeting, Hints Rate Cut in September
The Federal Reserve decided to maintain the target range for the federal funds rate at 5.25% to 5.5% for the eighth consecutive meeting, indicating the...
Gold and Silver Prices Hiked on MCX Today
On July 24, 2024, the Multi Commodity Exchange of India Limited (MCX) saw significant increases in the prices of gold and silver. Gold futures, set...
Oil Prices Dropped On Data Indicating a Slowdown in the US Economy
On Thursday, July 4, 2024, oil prices dropped after the release of weaker-than-expected U.S. employment and business activity data, suggesting a potential slowdown in the...
Amazon Inc Valued At USD 2 Trillion On Investors’ Confidence In AI and Potent Interest Rate Cuts
Amazon Incorporation reached a market value of USD 2 trillion for the first time on Wednesday, placing it alongside tech giants (U.S. companies) Microsoft Corp,...
Fed Hikes Rate by 0.25% to 16-year High, Omission in Statement Signals Hike Pause
In a Policy Meeting on 3rd May, the Federal Reserve hiked its benchmark borrowing rate by 25 basis points to a 16-year high. The 10th...