Page 30 - Us Fed News Today

At the interbank foreign exchange, the domestic unit opened at 83.26 against the dollar and then touched an early high of 83.25, registering a gain of 3 paise over its previous close.

A daily rundown of the economic reports and corporate earnings that will be grabbing the market’s attention in the week ahead.

A $5 billion RBI swap deal is set to mature on October 23, causing a dollar shortage in the market because RBI plans to buy these dollars for its reserves rather than extending the dea

When nominal interest rates, such as those on government bonds, exceed the nominal growth rate of a countrys economy, it triggers a cascade of economic consequences. Here are some of the key repercussions:

"The global macro is the predominant moving factor and that stays till December 13th at the least; till we get some clarity on the Feds next move. For some time, you will see rangebound markets. Optimistically, hopefully, by Diwali, we cross a lifetime high on Nifty, but then it comes back down. There are no very strong fundamentals to hold it there and sentiment is quite bearish."

Foreign portfolio investors were net sellers at Rs 1,862 crore on Thursday. DIIs bought shares worth Rs 1,532 crore.

A one percentage point rise in near-term expectations is associated with about a 0.4 percentage point rise in current inflation. Lagged inflation and other factors together have a bigger impact

Asian currencies weakened due to the latest US inflation data increasing expectations of Federal Reserve rate hikes

A daily rundown of the economic reports and corporate earnings that will be grabbing the market’s attention in the week ahead

The opportunity cost to move out of the US or Europe is high for investors and unless domestic earnings growth keeps surprising, India will have heterogeneous capital flows, says Bhandwaldar