Wall Street rises as Fed gears up for inflation fight Wall Street's main indexes climbed on Thursday after the Federal Reserve announced a faster wind-down of its... Updated 16 Dec, 2021 08:08pm
Markets Wall Street falls ahead of Fed announcement • Big tech stocks fall, defensive sectors rise • Indexes down: Dow 0.16pc, S&P 0.37pc, Nasdaq 0.95pc NEW... Published 16 Dec, 2021 04:00am
Markets Wall Street dips ahead of Fed announcement US stock indexes dipped on Wednesday ahead of a policy announcement by the Federal Reserve later in the day, as the... Published 15 Dec, 2021 07:58pm
Markets Most Gulf bourses rise ahead of cenbank meetings DUBAI: Most stock markets in the Gulf reversed early losses to close higher on Tuesday despite Omicron coronovirus... Published 15 Dec, 2021 06:34am
Markets In year-end meetings, top central banks may diverge over inflation, Omicron Major central banks meet this week to assess risks from the new Omicron variant of the coronavirus even as they... Published 14 Dec, 2021 12:44pm
Business & Finance US dollar gains as Fed seen wrapping up asset purchases earlier than expected NEW YORK: The dollar firmed on Monday ahead of a slew of central bank meetings this week led by the Federal Reserve... Published 14 Dec, 2021 06:40am
Markets Wall Street Week Ahead: Hawkish Fed boosts value stocks’ appeal for some investors NEW YORK: Some investors are preparing for a hawkish turn from the Federal Reserve by buying the cyclical,... Published 06 Dec, 2021 06:19am
Markets Wall St drops over 1pc on Powell’s faster taper comments, Omicron worries NEW YORK: Wall Street’s main indexes tumbled more than 1% on Tuesday after Federal Reserve Chair Jerome Powell ... Published 01 Dec, 2021 03:52am
Markets Gold dips below $1,800 in Europe LONDON: Gold eased below $1,800 on Tuesday as the dollar hit 16-month highs and Treasury yields firmed, with... Published 24 Nov, 2021 05:18am
Markets European shares at record high LONDON: European shares rose for a fifth straight session on Thursday, hitting record levels, as the US Federal... Published 05 Nov, 2021 04:39am
Markets Wall Street posts gains after Fed unveils anticipated bond-buying ‘taper’ NEW YORK: US stocks gained on Wednesday, with major indexes hitting record highs, as the Federal Reserve said it ... Published 05 Nov, 2021 04:39am
Markets Sterling, euro gain on dollar after Fed announces taper HONG KONG: The dollar lost ground on the euro and sterling on Thursday after the US Federal Reserve said it would ... Published 04 Nov, 2021 09:56am
Markets Wall St edges higher after Fed unveils anticipated bond-buying 'taper' US stocks moved modestly higher on Wednesday after the Federal Reserve said it will begin trimming its monthly bond... Published 03 Nov, 2021 11:51pm
Markets Gold prices ease on dollar uptick as Fed policy verdict looms Gold prices eased on Tuesday, hurt by an uptick in the dollar as investors await a policy meeting of the US central... Published 02 Nov, 2021 10:00am
Markets US long-dated yields fall to one-week lows; 2-year note auction well-received NEW YORK: US Treasury yields were mixed on Tuesday in thin volume, with those on the long end of the curve falling... Published 27 Oct, 2021 12:58am
Markets Dollar pares losses as Powell signals bond taper NEW YORK: The dollar pared losses on Friday after Federal Reserve Chairman Jerome Powell said the US central bank... Published 23 Oct, 2021 12:58am
Markets Dollar edges lower after weak US factory production data NEW YORK: The dollar dipped on Monday after data showed production at US factories fell by the most in seven months... Published 19 Oct, 2021 01:53am
World Fed asks watchdog to review officials’ trading WASHINGTON: The Federal Reserve has asked its watchdog to investigate the trading activities of senior officials, ... Published 06 Oct, 2021 04:17am
Opinion Fed’s bond-buying programme may be on the way out, but it’s not going far The Federal Reserve will start to shutter its pandemic-era bond-buying program later this year, leaving the US... Published 25 Sep, 2021 04:59am
Markets Global money market funds see biggest inflow in seven weeks: Lipper Global equity funds faces a marginal outflow of $5 million in the week Published 24 Sep, 2021 05:49pm
Print Bond-buying taper: Powell holds fast to ‘this year’ timeline WASHINGTON: Federal Reserve Chair Jerome Powell, in a speech that affirmed an ongoing US economic recovery and... Published 28 Aug, 2021 04:48am
Markets Gold jumps NEW YORK: Gold bounced nearly 1% on Friday after Federal Reserve Chair Jerome Powell stopped short of signaling when... Published 28 Aug, 2021 03:54am
Business & Finance Dollar slips after Powell beckons tapering NEW YORK: The dollar slid on Friday after the market perceived a highly anticipated speech by Federal Reserve Chair... Published 28 Aug, 2021 03:54am
Markets Euro zone bond yields steady; all focus on US data, Powell Analysts attributed this partly to caution ahead of Powell's speech. Euro area bond yields are closely correlated to moves in US Treasuries Published 27 Aug, 2021 01:49pm
Business & Finance Dollar jumps after Fed official's taper talk stirs markets NEW YORK: The dollar jumped from one-week lows on Thursday after a regional Federal Reserve president suggested a... Published 27 Aug, 2021 04:52am
Markets Gold steadies in Europe AMSTERDAM/ LONDON: Gold prices steadied near recent highs on Wednesday, underpinned by concerns over the spread of... Published 19 Aug, 2021 04:15am
Markets Gold set for strongest week in 2 months NEW YORK: Gold prices held firm near a two-week high on Friday, heading for their biggest weekly gains in more than... Published 31 Jul, 2021 04:05am
Markets S&P, Nasdaq post record highs NEW YORK: US stocks ended higher on Wednesday and the S&P 500 and Nasdaq notched record closing highs after... Published 09 Jul, 2021 04:25am
Markets Asian markets down over Fed signal, China tech crackdown Wellington and Singapore were also down Updated 08 Jul, 2021 10:17am
Markets Gold reclaims $1,800 level in Europe AMSTERDAM/LONDON: Gold prices bounced past the key $1,800 level on Tuesday as US bond yields held near a two-week... Published 07 Jul, 2021 04:28am