Sep 17, 2014 at 17:12 | Source: Moneycontrol.com
Eighty six percent respondents see the US dollar strengthening further against the euro and yen. The green back is expected to be the best performing currency over 12 months, it adds.
Sep 17, 2014 at 16:47 | Source: Moneycontrol.com
Asian markets (except Nikkei) closed 0.5-1 percent higher following gains in US stocks as report suggested that Federal Reserve may not raise rates till June 2015 (as against expectations of rate hike sooner than anticipated earlier) and Peoples Bank of China may inject USD 500 billion into top five banks.
Sep 17, 2014 at 14:25 | Source: Reuters
Asian and European equities tracked the overnight gains on Wall Street, which saw the Dow hit a fresh record high after the Wall Street Journal's Fed watcher Jon Hilsenrath said the central bank would keep the words "considerable time" in its policy statement, though it might qualify them.
Sep 17, 2014 at 13:47 | Source: CNBC-TV18
The US Federal Reserve began its two-day policy meeting on Tuesday.
Sep 17, 2014 at 13:26 | Source: Moneycontrol.com
From the intra-day perspective, Indian Rupee is expected to trade on a positive note as a result of favorable wholesale and consumer inflation data from the country, narrowing of trade deficit data along with inflow of foreign funds in equities and debt markets, says Angel Broking.
Sep 17, 2014 at 13:03 | Source: Reuters
Gold inched up for a third straight session on Wednesday as speculation mounted that the Federal Reserve would vow to maintain interest rates at low levels when the U.S. central bank concludes its policy meet later in the day.
Sep 17, 2014 at 12:52 | Source: Reuters
Although a tightening of monetary policy is not expected until mid-2015, the central bank could use a policy statement on Wednesday to lay important groundwork.
Sep 17, 2014 at 12:31 | Source: Moneycontrol.com
"RBI can cut rates from February even if the Fed hikes from September, with Governor Rajan recouping FX reserves," Bank of America Merill Lynch said in a report.
Sep 17, 2014 at 08:40 | Source: CNBC-TV18
Steve Brice of Standard Chartered Bank says the US economy is doing well and inflation expectation has moderated. He believes Fed will guide people in the right direction focus on growth and any movement in interest rates is going to be gradual.
Sep 17, 2014 at 08:00 | Source: Reuters
After a sluggish start to trading, major indexes rallied with participants citing a report in the Wall Street Journal as indicating the Fed could be less hawkish than markets have been expecting, as investors try to divine when the central bank will hike interest rates.