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Source: Live Mint US Fed rate cut: Gold prices are hovering near all-time highs as excitement builds over a possible US Federal Reserve rate cut on Wednesday, September 18. The prospect of a weaker dollar, driven by anticipated rate reductions, has sparked renewed interest in gold, which thrives as a safe-haven asset during times of…
Source: Live Mint The S&P 500 and the Nasdaq edged lower while Dow Jones rose on Monday, ahead of the Federal Reserve’s monetary policy decision later this week. Investors cautiously awaited the Federal Reserve’s first interest rate cut since 2020 on Wednesday. At 09:50 a.m. the Dow Jones Industrial Average rose 260.54 points, or 0.63…
Source: Business Standard 4 min read Last Updated : Sep 16 2024 | 8:24 PM IST The benchmark interest rate in the country will hinge on the future trajectory of inflation, Reserve Bank of India Governor Shaktikanta Das has said, emphasising that month-on-month inflation momentum — whether it’s building up or moderating — will…
Source: Live Mint What ‘world peace’ is to Miss India contestants, ‘geopolitical risk’ is to fund managers – a cliched answer that they spout when faced with the inevitable ‘What is the risk?’ question. Bertie, too, has often used this platitude and when his client recently asked him the oft-repeated risk question, he unfurled the…
Source: Live Mint On Wall Street in the week ahead, market participants’ focus will be on the US Federal Reserve’s two day monetary policy meeting starting September 17. The US central bank is widely expected to slash interest rates for the first time since 2020. Following the Fed monetary policy committee’s decision on interest rates,…
Source: Live Mint US stocks were mixed on Thursday after hot Producer Prices Index (PPI) data. US wholesale prices rose by 0.2 per cent in August, putting the index on an annual basis at 1.7 per cent, down from a revised 2.1 per cent. The PPI, excluding food and energy components, rose by 0.3 per…
Source: Live Mint US stock indices were mixed on Wednesday after the latest inflation data. At the opening bell, the Dow Jones Industrial Average fell 98.2 points, or 0.24%, to 40638.76. The S&P 500 fell 0.9 point, or 0.02%, to 5496.42, while the Nasdaq Composite rose 35.5 points, or 0.21%, to 17061.406. Oil prices climbed…
Source: Live Mint US stocks were mixed on Tuesday ahead of key inflation data later this week. The latest data could provide clues on the size of the expected interest rate cut by the Federal Reserve on September 18. As of 9:40 a.m. Eastern time, the Dow Jones Industrial Average was down less than 0.1…
Source: Live Mint The Dow Jones rose 0.52%, the S&P 500 added 0.62%, the Nasdaq rose 0.87% Read Full Article
Source: Live Mint After Friday’s rout on Wall Street due to disappointing jobs data, in the week ahead investors will have three major economic reports to watch closely. A jobs report released by the US Labor Department on Friday showed a continued slowdown in the labor market. Next week, the economic calendar will feature reports…
