The White House is cognisant of pressure from both moderates and progressives within the Democratic Party about the choice
The Treasury market has seen unusually large price swings as liquidity dried up
How will RBI's tough stance shape the fate of cryptocurrencies? How did Falguni Nayar become India's most successful entrepreneur? What is F&O, and how does it differ from equity trading? Answers here
Sensex falls 433 points to close at 59,920; Nifty50 settles with a loss of 143 points at 17,874
Gold prices eased on Thursday after rallying to a five-month high in the previous session, as investors reassessed how the US Federal Reserve would respond to a surge in consumer prices last month
The pandemic recession fell hardest on lower-income workers and widened racial gaps: Powell
While the Fed is sounding alarms about high asset prices, some economists have said the central bank's own policies are behind much of the surge.
The euro held steady against the dollar on Tuesday and most currency pairs were stuck as traders waited for U.S. inflation data later in the week and more speeches from central bank governors
With earnings season drawing to a close and the US Fed clarifying on taper, focus will shift to domestic triggers this week. How will the stock markets behave now? Should you start booking profit?
Investors say this time is different as they lay bets on sparkling returns
Last time the Federal Reserve moved toward reducing bond buying, it triggered a rush of funds out of emerging markets. This time is different, investors say.
Global shares rose Thursday, boosted by the U.S. Federal Reserve's announcement that it will begin winding down the extraordinary aid for the economy it has been providing since the early days of the pandemic. France's CAC 40 added 0.5% in early trading to 6,984.21, while Germany's DAX rose 0.5% to 16,035.43. Britain's FTSE 100 edged up 0.3% to 7,270.02. U.S. shares were set to drift higher, with Dow futures inching up nearly 0.1% to 36,054.00. S&P 500 futures were also higher at 4,661.25, up 0.2%. Japan's benchmark Nikkei 225 gained 0.9% to finish at 29,794.37. South Korea's Kospi added 0.3% to 2,983.22. Australia's S&P/ASX 200 edged up 0.5% to 7,428.00. Hong Kong's Hang Seng added 0.8% to 25,225.19, while the Shanghai Composite rose 0.8% to 3,526.87. Analysts said the signs from the Fed continued to be dovish, as well as hawkish, reassuring global markets that interest rates weren't going to be raised for some time. We got a dowkish' Fed move, was the way RaboResearch ...
Powell is doubling down on the US central bank's new policy framework
Rate futures and bond markets on both sides of the Atlantic had been repricing for an earlier rate-hike lift-off by the Fed and ECB over the last month
Even in announcing a $15 bn monthly cut to its $120 bn in monthly purchases of Treasuries and mortgage-backed securities, the Fed did not signal when it may begin next phase of policy 'normalisation'
Biden blames higher oil and gas prices on OPEC; EIA shows bigger than expected jump in crude inventories
Fed holds to view high inflation to be transitory; Dow down 0.14%, S&P up 0.15%, Nasdaq up 0.41%
The Sensex ended 257.14 points or 0.43 per cent lower at 59,771.92
Macro headwinds, such as high global crude oil prices, supply-chain disruptions escalating tensions between US and China, are likely to keep global and local markets volatile
The Dow Jones Industrial Average was down 114.93 points, or 0.32%, at 35,937.70