Oil Gives up Early ‘China Rally’ on Fed’s Hawkish Harker 

By Barani Krishnan Investing.com — Betting positively on China is probably one of the riskier plays in oil these days when the Fed remains a bigger factor. Reports that Beijing was “easing” on Covid restrictions — reducing the quarantine period for visitors to seven days from 10 — sent crude rallying almost 3% at one … Read more

Asia FX Muted as Hawkish Fedspeak Curbs Dollar Losses

By Ambar Warrick  Investing.com– Most Asian currencies moved little on Wednesday as hawkish comments from Federal Reserve officials helped stem recent losses in the dollar, while the Japanese yen hovered around 32-year lows as traders looked past threats of government intervention.  The fell as far as 149.29, its weakest level against the dollar since 1990, … Read more

Gold Prices Creep Higher as USD Retreats, Hawkish Fed Caps Gains

By Ambar Warrick  Investing.com– Gold prices rose slightly on Wednesday, extending mild gains into a third session as pressure from the dollar abated, although hawkish signals from Federal Reserve officials prevented further gains.  rose 0.1% to $1,653.49 an ounce, while rose 0.2% to $1,658.90 an ounce by 19:20 ET (23:20 GMT). Both instruments spent a second … Read more

Benchmark bond yield rises 10 bps on hawkish Fed stance

Mumbai, Sep 22 (IANS) The yield on the 10-year benchmark bond rises around 10 basis points on Thursday after the US Federal Reserve raise their policy rate by 75 basis points and hawkish commentary by Fed. The 10-year benchmark 6.54 per cent — 2032 bond yield ended at 7.3878 per cent, as against 7.2525 per … Read more

Indian Rupee Sinks to Record Low as Hawkish Fed, Russia Tensions Weigh

By Ambar Warrick  Investing.com– The Indian rupee hit a record low against the dollar on Thursday after the U.S. Federal Reserve raised interest rates, while concerns over Russia also weighed after Moscow escalated tensions with Ukraine.  The slipped as much as 0.5% to a record low of 80.430 to the dollar, tracking a broader decline in … Read more

D-Street’s Opening Cues Post Fed’s Rate Hike & Hawkish Outlook: SGX Nifty Down

By Malvika Gurung Investing.com — The listed on the Singapore-based Exchange SGX, an early indicator for , traded 0.73% or 129.5 points lower at 8:50 am on Thursday amid weak global cues following the Fed’s rate hike and hawkish outlook, indicating a negative opening on Dalal Street. Further, the slid 0.4% and tanked 0.8%. Major indices … Read more

Dollar Surges to Fresh 20-Year High on Hawkish Fed

By Ambar Warrick  Investing.com– The U.S. dollar jumped to a new 20-year high against a basket of currencies on Thursday, extending gains after the Federal Reserve raised interest rates and struck a more hawkish than expected tone in its latest meeting. The rose as much as 1% to 111.47, its highest level since June 2002, while … Read more

Fed Outcome: 75 Bps Rate Hike, Target Range Forecasts & Hawkish Prospects

By Malvika Gurung Investing.com — The US Federal Reserve hiked its by 75 basis points on Wednesday for the third consecutive time, widely at par with the markets’ expectations. The central bank’s officials forecast the target range for the benchmark policy rate to rise to 4.4% by the end of 2022 and reach 4.6% in 2023, … Read more

Stock Market Today: Dow Slides as Focus Shifts to Hawkish Fed

By Yasin Ebrahim Investing.com — The Dow fell Tuesday, as investors upped their bearish bets on stocks on fears that the Federal Reserve may signal that aggressive rate hikes will likely continue. The slipped 1%, or 312 points, the was down 0.95%, and the fell 1.2%. The Fed kicked off its two-day meeting on Tuesday, … Read more

Dollar Bulls to Remain in Control as Fed to Double Down on Hawkish Stance

By Yasin Ebrahim Investing.com – The dollar bulls are unlikely to get toppled anytime soon as the Federal Reserve will likely follow up its widely expected interest rate hike with hawkish remarks this week that may force traders to rethink how high rates could go before peaking. The , which measures the greenback against a … Read more