Global markets extended the sell-off on Wednesday, as crude oil prices and US treasury yields climbed. Across the global markets, investors’ mood was gloomy as they fretted over the possibility of major central banks holding interest rates higher for a prolonged period. US stocks On Wall Street, the US stockRead More →
Global stock markets fell on Tuesday as investors’ fears increased that interest rates will rise again and stay elevated for a prolonged period to tame inflation. Investors across the global markets fear that keeping rates high for too long could drag economies into recession. Bond yields soared to multi-year highsRead More →
The global markets fell marginally on Monday over lingering worries that interest rates will remain higher for longer. Surging bond yields also weighed on global markets, with the MSCI All-World index down 0.05%. Last week, warnings from central banks including the US Federal Reserve and Bank of England of furtherRead More →
On Wall Street in the week ahead, investors’ key focus will be on an inflation trend as the US PCE inflation report is slated to be released on September 29. The Core PCE inflation is also known informally as the Federal Reserve’s preferred inflation gauge. Other economic reports investors wouldRead More →
New Delhi: The inclusion of Indian government securities in the JP Morgan emerging market debt index has the potential of making the rupee stronger and reduce the government’s borrowing costs, chief economic advisor in the finance ministry V Anantha Nageswaran told reporters on Friday. JP Morgan on Friday said itRead More →
MSCI’s gauge of stocks across the globe shed 1.19%. The US Federal Reserve, the Bank of England, and other central banks in Europe have warned that more interest rate hikes could come further as they continue to worry about inflation. Rising bond yields across the world also pushed the globalRead More →
US stocks declined on Wednesday after the Federal Reserve left key interest rates unchanged, but said it could hike rates again this year. The US central bank also revised economic projections higher with a warning that battle against inflation was far from over. The S&P 500 lost 42.02 points, or 0.95%,Read More →
US stocks dipped on Tuesday as investors are bracing for Federal Reserve’s monetary policy decision, to be announced on Wednesday. It is widely anticipated that the US central bank will leave key interest rates unchanged. The S&P 500 lost 9.84 points, or 0.22%, at 4,443.69 points. The Nasdaq Composite fellRead More →
US stocks closed flat on Monday ahead of the Federal Reserve’s decision on key interest rates due on Wednesday. The S&P 500 gained 3.26 points, or 0.07%, at 4,453.58 points. The Nasdaq Composite added 1.99 points, or 0.01%, at 13,710.32. The Dow Jones Industrial Average rose 5.79 points, or 0.02%,Read More →
In the week ahead on Wall Street, the major focus of stock market investors will be on the Federal Reserve’s interest rate policy meeting. The Fed rate decision will be released on September 20 and Chair Jerome Powell will address the press conference on the monetary policy. The US centralRead More →
