Asian Shares Rise on Hopes Fed Will Ease Pace of Rate Hikes
On Monday, Asian shares rose cautiously on hopes the Federal Reserve may be less aggressive in raising interest rates this week, while wheat prices rose...
Tag : Federal Reserve
Indian Rupee Jumps Against US Dollar
Today, the Indian rupee jumped against the US dollar while sovereign bonds rose after the US currency changed. The Federal Reserve may slow increasing interest...
Oil prices Slip as USD Strengthens, China’s Covid-19 Grief Reduces Demand
Oil prices fell on Tuesday to extend 2% losses in the previous session amid a stronger US dollar, and a rise in COVID-19 cases in...
Rupee Falls to Fresh Record Low of 82.64 Per USD
On Monday, the US Federal Reserve perceived sticking to a 75 basis point (bps) rate hike after a stronger-than-expected US jobs data report; the rupee...
Market Fell 1% This Week, Small-Cap Stocks Rose 10-24%
India’s benchmark stock index fell for the second week in a row as of September 23, as global sentiment sank after the Federal Reserve raised...
Sensex Fell 1,021 Points on Friday, Ending the Week Down 700 Points
Domestic benchmarks tumbled on Friday as global investors feared a recession. The BSE Sensex closed 1,021 points at 58,099, down 1.26% or 742 points for...
Indian Rupee Falls Below 81 Mark Against US Dollar for First Time
The Indian rupee fell below the 81 mark against the dollar for the first time on Friday, hitting a record low, while the 10-year bond...
Norges Bank Raises Interest Rates to 2.25% to Tame Inflation
On Wednesday, Norges Bank raised interest rates again as it looks to keep inflation from becoming entrenched at a high level. The central bank increased...
Dollar Surges After Hawkish Fed; Yen Plunges to 24-Year Low
On Thursday, the US dollar surged in early European trading, posting a new 24-year high against the yen. This happened after the Federal Reserve’s hawkish...
Sensex, Nifty Decline Reflects Global Market Rout After Aggressive Fed Stance
The stock market benchmark fell on Thursday, extending losses from the previous session, tracking a slump in global markets after the Federal Reserve raised interest...