Fed’s Bostic says can do ‘maybe two, maybe three’ half point hikes, then assess WASHINGTON: The U.S. Federal Reserve can stick to half point interest rate hikes for the next two to three meetings... Published 09 May, 2022 06:22pm
Opinion Battered bulls hope Fed pain in rearview mirror after Powell maps out hikes Federal Reserve Chair Jerome Powell gave investors a glimmer of hope that the central bank is unlikely to become ... Published 06 May, 2022 05:03am
Markets Gold rises 1pc as less hawkish Fed calms nerves LONDON: Gold prices rose more than 1% on Thursday, a day after Federal Reserve Chair Jerome Powell allayed investor... Published 06 May, 2022 05:03am
Business & Finance Asian currencies firm ahead of Fed decision; firmer oil saps appetite Most Asian currencies rose in thin trading on Wednesday, amid caution ahead of the outcome of a U.S. central bank... Published 04 May, 2022 01:43pm
Business & Finance Fraying central bank consensus spurs dollar and market stress: McGeever ORLANDO: The highest inflation in decades is unraveling whatever policy consensus there was between the world's ... Published 04 May, 2022 11:18am
Business & Finance Fed convenes to launch new salvo against record US inflation WASHINGTON: The US central bank opened its policy meeting Tuesday, which is expected to produce a big rate hike as... Updated 04 May, 2022 10:24am
Markets US stocks open flat as market eyes Fed, Ukraine NEW YORK: Wall Street stocks were little changed early Tuesday amid elevated volatility as markets awaited a key... Published 03 May, 2022 08:16pm
Markets Wall Street inches higher as growth stocks rebound NEW YORK: US stocks edged higher on Monday as growth stocks rebounded after April’s rout, with investor focus... Published 03 May, 2022 03:47am
Business & Finance US yields post steep gains NEW YORK: US Treasury yields rose sharply on Monday, with those on long-dated debt hitting multi-year highs, as... Published 03 May, 2022 03:47am
Business & Finance US yields rise as 10-year on pace for largest monthly gain since ‘09 NEW YORK: Yields of Treasuries rose slightly on Friday following data that showed monthly inflation surged by the... Published 02 May, 2022 05:46am
Business & Finance Robust economic growth helps Canadian dollar trim April decline TORONTO: The Canadian dollar strengthened against its US counterpart on Friday as domestic data showing strong... Published 01 May, 2022 05:11am
Markets Dollar scales fresh two-decade peak to yen, BOJ targets yields TOKYO: The dollar climbed to a fresh two-decade peak to the yen on Wednesday, buoyed by more Federal Reserve... Published 20 Apr, 2022 10:03am
Markets Hawkish Fedspeak keeps dollar king, yen slumps to 20-year low TOKYO: The dollar rose to a two-decade peak against the yen and kept close to a two-year high to the euro on Friday,... Published 15 Apr, 2022 10:05am
Business & Finance US dollar climbs to near 20-year peak vs yen as more Fed hikes loom WASHINGTON: The US dollar soared to a nearly 20-year high against a sluggish yen on Wednesday, as aggressive... Published 14 Apr, 2022 04:55am
Markets Tokyo stocks end lower TOKYO: Tokyo stocks ended lower Tuesday, with investors disheartened by aggressive tightening by the Federal Reserve... Published 13 Apr, 2022 06:03am
Markets US stocks retreat ahead of key inflation report NEW YORK: Major Wall Street indices opened lower on Monday, with tech shares hit particularly hard as investors... Published 11 Apr, 2022 07:31pm
Markets Dollar index edges nearer to 100, set for best week in four HONG KONG: The dollar extended a relentless upward move on Friday, reaching a new near two-year peak against a ... Published 08 Apr, 2022 10:50am
Markets JGB yields rise after Fed's hawkish comments TOKYO: Japanese government bond yields rose on Wednesday as their US peers hit multi-year highs after comments from... Published 06 Apr, 2022 02:31pm
Markets LME copper dips as dollar firms; volumes thin on China holiday London copper fell on Monday as the dollar strengthened and US jobs data boosted expectations of aggressive interest... Published 04 Apr, 2022 11:15am
Business & Finance Yields rise, curve inverts after strong jobs report NEW YORK: US Treasury yields rose on Friday and a closely watched part of the yield curve reinverted as a strong ... Published 04 Apr, 2022 05:38am
Markets S&P 500 flat as Tesla offsets losses in banks, energy stocks NEW YORK: The S&P 500 was trading largely flat on Monday as gains in Tesla were offset by declines in bank and... Published 29 Mar, 2022 05:49am
Business & Finance US Treasury yields jump on tighter Fed policy expectations NEW YORK: US Treasury yields rose on Friday, with the benchmark 10-year note surging to nearly three-year highs, as... Published 28 Mar, 2022 05:29am
Markets Wall Street rises as technology, bank shares rally NEW YORK: The Nasdaq led Wall Street’s main indexes higher on Tuesday as investors bought the dip in technology... Published 23 Mar, 2022 04:58am
Markets Wall Street slides after Powell’s hawkish comments NEW YORK: Wall Street’s main indexes fell on Monday as Federal Reserve Chair Jerome Powell’s comments sparked... Published 22 Mar, 2022 05:21am
Markets Wall Street rises in choppy trade after Fed boost NEW YORK: US stocks extended their gains on Thursday following a rally in the previous session as investors assessed... Published 18 Mar, 2022 05:20am
Business & Finance US dollar hits lowest in week as investors gauge Fed policy, euro firmer NEW YORK: The US dollar fell on Thursday and hit its lowest in a week as investors digested the Federal Reserve’s... Published 18 Mar, 2022 05:20am
World US Senate panel advances Biden’s picks for Fed WASHINGTON: The Senate Banking Committee on Wednesday approved President Joe Biden’s renomination of Jerome Powell... Published 17 Mar, 2022 11:19am
Opinion With Raskin out, Biden may pick a moderate for Fed regulatory job With Sarah Bloom Raskin withdrawing her nomination to become the Federal Reserve’s regulation chief on Tuesday, ... Published 17 Mar, 2022 04:53am
Markets Wall Street surges on Ukraine peace talks as Fed decision eyed NEW YORK: Wall Street’s main indexes jumped on Wednesday, propelled by technology and financial stocks, as signs ... Published 17 Mar, 2022 04:53am
Markets Stocks rally, oil steadies on China action, Ukraine hopes LONDON: Stocks rallied Wednesday, helped by Ukraine peace hopes and China’s pledge to help stabilise markets after... Updated 16 Mar, 2022 05:45pm