Page 33 - Us Fed News Today

The latest US Job Openings report surprised with a rise of approximately 9.6 million openings, raising concerns of another rate hike by the Fed that sent treasury yields to a 16-year high

August job openings reached 9.6 million, surpassing the expected 8.8 million, reigniting concerns about a tight labour market. Investors’ attention will be on the September ADP and ISM services data

The positive news from inclusion in the JP Morgan Bond Index and stable demand from PSBs and Mutual funds is said to have arrested its increase, , us fed, bond yields, Indian bond yields, US Bond Yields, reserve bank of india

Asian currencies were trading weaker amid a stronger dollar after several Federal Reserve officials signaled that US borrowing costs are likely to remain higher for longer.

The U.S. Federal Reserve will likely need to keep interest rates higher for longer in order to firmly bring down inflation, a senior Fed official said Monday.

Of the 22 analysts that participated in the ETMarkets Survey, more than 77% of the respondents see the benchmark Nifty 50 above the 20000-mark, and 81% of them expect the Sensex to top 67000 points by the end of December.

According to Sandip Sabharwal, the growth outlook for Indian IT companies is not promising, and their valuations are not cheap. He believes that the US economy coming back would be positive for Indian IT due to increased outsourcing, but doubts a sharp revival. The impact of high interest rates on economic growth prospects has yet to be fully reflected. Sabharwal suggests that investors should be cautious and re-evaluate IT stocks when they come back to their earlier lows.

India Business News: MUMBAI: Across-the-board selling, on the back of weak global cues that affected investor sentiment on Dalal Street on Thursday, pulled down the sensex.

The dollar retreated from a 10-month high amid expectations that the US economy will withstand higher interest rates better than other economies

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