Page 34 - Us Fed News Today

FTSE Russells will announce today its decision on Indias inclusion in the emerging markets government bond index. The inclusion can drive the rupee towards 82.90 to 83, analysts have said

Most Asian currencies struggled for direction on Monday, with the Indonesian rupiah leading losses, after hawkish comments from the US Federal Reserve last week set the stage for further rate hikes and bolstered strength in the US dollar.

Shares of Affirm, Block and PayPal fell the day after the Fed announcement.

Long-Term Capital Management’s collapse 25 years ago started a habit hard to break—the ‘Fed put.’

Going ahead, as the traditional demand drivers of industrial metals have stalled, the short-term price outlook remains under pressure. Though the new demand areas like the clean energy sector are on the cards, they are unlikely to boost prices in the immediate run.

Though inflation is not expected to pick up materially, rate cuts may still take time. So this could be a good time to invest in debt funds

The US Federal Reserve's hawkish stance on interest rates caused a sharp decline in the Indian stock market. The Sensex dropped by 571 points, losing

The net long position of foreign portfolio investors decreased from Rs 33,913 crore on Wednesday to Rs 22,565 crore on Thursday.

Kotak identified new challenges for the Indian market in its latest note, including the prolonged global interest rate increase, the risk of rising global oil prices affecting profitability gains, and government limitations

“Global growth is likely to be just about 2% or sub-2%, not just this year but probably next year despite the fact that the Fed has raised its outlook from about 1% to 1.5% for US GDP growth for next year. Even there, we should not take the Fed outlook at face value.”