Us Fed Reserve

Three-month aluminium on the London Metal Exchange CMAL3 was down 1.7% at $2,507.50 per metric ton by 1043 GMT. It reached a eight-week high of $2,554 on Tuesday, up 12% since the start of August

Fed to deliver three 25 quarter-point rate cuts this year; recession unlikely: Poll

The change in Fed rate cut calls follows a weaker-than-expected July U.S. jobs report, which encouraged interest rate futures traders to price in as much as 120 basis points of reductions in 2024 earlier this month. That pricing has reduced to roughly 100 now.

Gold regains some ground as spotlight shifts on Fed verdict

Spot gold was up 1% at $2,307.88 per ounce as of 10:06 a.m. ET (1406 GMT), after hitting its lowest level since April 5 earlier in the session

Dollar bounces before inflation data

Traders are focused on data to give further clues on when the US Federal Reserve is likely to begin cutting rates.

Dollar hits one-month high as Fed rate-cut outlook eases

Markets are pricing in a 71.4% chance of a 25 basis point (bps) cut in March from the Fed, compared with an 81% view in the prior session according to CME's FedWatch Tool.

Wall St dips, dollar, US yields rise on rate outlook jitters

The three major US stock market indexes were lower after paring initial losses, while the greenback strength against a basket of world currencies waned a bit after the first hour of trading.

Dollar on pace for first yearly loss since 2020

Questions for 2024 will be when the Fed begins cuts, and whether the first rate reduction is made to avoid over-tightening as inflation drops, or due to rapidly slowing US economic growth.

Gold sits above $2,000 on track for best year in three

Spot gold steadied at $2,061.89 per ounce by 10:25 a.m. ET (1525 GMT). US gold futures, however, eased 0.6% to $2,071.10.

Live: US Fed Hikes Rates By 25 Bps | Jerome Powell On Outcome Of FOMC Meeting

Fed Reserve Chief Jerome Powell announces key decision on rate hikes after a 2-day meeting of the US Federal Reserve. Watch!

Bank of England hikes rates by 25 bps, following US Fed

BoE's nine rate-setters voted 7-2 in favour of a 25 basis-point increase in Bank Rate to 4.25%.

Gold hits near 2-week high on bets for easing rate hikes

While the Fed is still widely expected to deliver a 75-basis-point rate hike in November, it's also likely to debate how much higher it can safely push borrowing costs.

What we keep getting wrong about inflation

There are two distinct worlds that are sources of inflation and each merits a separate response, argues Tim Harford

US interest rates are becoming weapons of mass economic destruction

The US Fed may do whatever it takes to save the US from inflation. But the cure may be worse than the ailment for the rest of us

Nasdaq, S&P 500 muted ahead of Federal Reserve Chair Jerome Powell's speech

"Powell is going to reiterate to keep raising rates, but he's going to be very careful to promise how far they'll go or what the future might hold," said Drew Matus, chief market strategist at MetLife Investment Management.

Rupee steadier compared to previous crises, will avoid sharp depreciation: CRISIL

With the RBI expected to continue intervening in the forex markets to manage volatility, a sharp depreciation in the rupee may be avoided. However, it could face volatility in the near term as geopolitical tensions persist.

What Jerome Powell’s second term means for US and India

As long as the Federal Reserve pares its policy in a planned manner, it might not be much of a problem for India. If done suddenly in an ad-hoc manner, it could lead to volatility in the Indian markets 

US inflation, rising crude weigh on rupee

No volatility is expected, thanks to strong external fundamentals of the Indian economy

Commodities@Moneycontrol | Roundup of key happenings in the market

Here's a roundup of the key happenings in the commodities market, with a deep dive into some of the most active counters

Commodities@Moneycontrol: Strong USD keeps up pressure on metal prices

Gold saw its highest fall in over a year on Tuesday, while copper prices are currently at a one-week low.

Jerome “Jay” Powell: New US Fed Reserve Chairman

Jerome Powell has been nominated by President Donald Trump as the new US Fed Reserve Chairman

Trump's protectionist moves to hurt Americans more

Donald Trump‘s plans to ‘Make America Great Again‘ might not come to pass if he continues his swashbuckling style of tearing up trade pacts and erecting walls between countries.

Market to remain choppy; book profits whenever possible: Experts

Ashwani Gujral of ashwanigujral.com says the trend remains weak and it will be safe to avoid long call for now. With funds unlikely to return the market would remain choppy and the 50-share Nifty might stay within the 8150-8250 range.

Markets may surprise with a counter-intuitive rally: Prime Sec

Investors might be caught off-guard as spill-over of liquidity from a rampant bull market overseas could lead to big market move here, feels N Jayakumar of Prime Securities. Patient investors will certainly get good returns, he says.

Market lacks triggers; no mayhem seen when Fed ups rates:Udayan

CNBC-TV18‘s Consulting Editor Udayan Mukherjee feels that if the Fed does hike rates, there is unlikely to be a mayhem in equities as markets will price it in advance

Positive on India; see 2 Fed rate hikes in 2016: HSBC Bank

Global Head Of Asset Allocation, HSBC Bank, Fredrik Nerbrand expects only two rate hikes in 2016, compared to the four hikes expected as per the latest dot plot.