Crude oil prices extended gains on Thursday, July 11, keeping the Brent crude benchmark above the $85 per barrel-mark, after Wall Street experts lifted bets on interest rate cuts by the US Federal Reserve. This came after US government data showed an unexpected slowdown in consumer price-based (CPI) inflation. Brent crude futures were up 23 …
Indian stock market opened July on a spectacular note and achieved its longest winning streak since December 2023 amid the relentless bullish rally powered by the return of foreign funds and investor sentiments stabilising over Modi 3.0 coming to power. Bulls seem to have tightened their grip on Indian markets ahead of Union Budget 2024, …
Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open higher on Thursday following positive cues from global peers. Asian markets traded higher, while the US stocks ended mostly in the green after the US Federal Reserve policy decision and inflation data. The US central bank kept interest rates …
13 Jun 2024, 01:55 AM IST US Fed Meeting Outcome LIVE: FOMC to meet next in July 2024 US Fed Chair Powell-led FOMC will now meet on July 30-31 to deliberate for the next set of policy decisions. 13 Jun 2024, 01:49 AM IST US Fed Meeting Outcome LIVE: Key highlights of Powell-led FOMC decision …
The US Federal Reserve is poised to announce its key policy decision later today, with significant anticipation surrounding the central bank’s timing for potential interest rate cuts for the remainder of the year. In today’s decision, there is a near consensus that the Jerome Powell-led FOMC will maintain the interest rates at the target range …
Indian stock markets witnessed a roller coaster ride with the onset of June 2024 as frontline indices swung sharply in both directions due to the exit polls predictions and the surprise outcome of the Lok Sabha election results 2024. Domestic equity benchmarks recorded the biggest weekly gain of 2024 after a volatile week. The indices …
Indian stock market: The Indian equity benchmark indices, Sensex and Nifty 50, are expected to open sharply higher on Monday as the exit polls suggested the Prime Minister Narendra Modi coming back to power for the third term as the BJP-led alliance is likely to win the Lok Sabha elections with a thumping majority. Positive …
As the high-stakes’ Lok Sabha election results approaches closer, the volatility in the stock market is weighing on investor’s sentiments, both domestically and across borders. Foreign outflow from Indian equities continues unabated amid the rising India VIX index and uncertainty of the election outcome. In the fourth week of May, investors will keenly eye the …
Recently, Powell stated that considering the recent macroeconomic indicators, it would take longer than expected for inflation to return to the Fed’s 2 per cent target. Considering the recent macroeconomic trends in the US and current geopolitical scenarios, it is safe to say that the Fed’s fight against inflation will continue in the near future. …
US Fed Meeting Outcome LIVE Updates: The US Federal Reserve announced its interest rate decision today after a two-day Federal Open Market Committee (FOMC) meeting, leaving the benchmark interest rates unchanged at 5.25 per cent – 5.50 per cent for for the sixth straight meeting, in line with Wall Street estimates. The rate-setting panel ended …