Posts in category Economic Times
Asian stocks muted, gold at new peak as markets weigh Fed cut timing (12-04-2024)
Gold rose to a fresh all-time peak after a mild reading for producer price inflation kept alive hopes for Fed easing this year, though U.S. Treasury yields stuck close to five-month highs in the wake of hotter-than-expected consumer price data mid-week that forced a paring back of rate cut bets.
FX derivatives fiasco puts spotlight on regulatory risk in India (12-04-2024)
Until recently, traders were betting freely on the rupee’s rise and fall without holding underlying assets. A rule that allowed transactions of up to $100 million without providing proof of an actual foreign-currency exposure had been interpreted by them as tacit acceptance of speculative trade by the authorities.
US quarterly earnings to feature big growth in tech-related companies (12-04-2024)
Big technology-related company earnings are expected to again lead S&P 500 profit growth in the upcoming U.S. reporting period, which could refuel optimism for stocks after a weak start to April.
Hot inflation may put Fed rate cut in thick of election season (12-04-2024)
Rate futures markets now show investors see a first rate cut as most likely occurring at the Fed's Sept. 17-18 meeting after data showed inflation through the entire first quarter of 2024 was stiffer than expected and had demonstrably slowed progress on bringing it back to the Fed's 2% target.