Tag Archives: FED

Gold prices fell on Monday to a four-week low, as bets on the Federal Reserve’s inclination to tighten monetary policy boosted the dollar’s strength and dampened demand for bullion. And the price of gold in spot transactions fell 0.7 percent to $ 1916.41 an ounce by 0545 GMT, after touching …

Hot inflation, recession-related concerns and quantitative tightening continued to be the major key words dominating financial markets throughout the week as central bankers ponder coming changes of policy based upon the available data particularly the labour market developments. New U.S. jobless claims fell slightly to 184,000 in mid-April and stayed …

US equities finished the week with substantial losses, reflecting a gloomy market mood amid concerns that the Fed would hike rates aggressively and high US Treasury yields. The S&P 500, the Dow Jones Industrial, and the tech-heavy Nasdaq Composite nose-dived recording losses between 2.6% and 2.8%, each sitting at 4,271.78, …

Total assets on the Fed’s weekly balance sheet as of April 20, released this afternoon, declined to $8.955 trillion, roughly the same as on March 16 and below the levels of March 23 and April 13. Beyond the week-to-week ups and downs, caused by the peculiarities of Mortgage Backed Securities …

Cleveland Fed President and FOMC member Lorreta Mester, speaking in an interview on CNBC, said on Friday that the Fed wants to see tighter financial conditions, though not all at once. “We are in a recalibration phase for monetary policy,” she said, adding that the Fed’s goal is to bring …

Risk-off trading conditions, triggered by soaring US yields amid hawkish Fed language, led US equities to retreat on Thursday and the safe-haven US dollar has the chance to outperform, against its more risk-sensitive G10 peers mainly the other non-US dollars. The Dollar Index reversed an earlier dip below the 100.00 …

The odds of a 50 bps interest rate hike have elevated after Fed Powell’s comments at the IMF meeting. Higher inflation pressures in a very tight labor market are compelling for squeezing the liquidity. A double bottom formation has raised expectations of a reversal in the gold prices.Gold price has …

Risk-off trading conditions, triggered in part by a rise in US yields amid hawkish Fed rhetoric, saw US equities dip on Thursday and the safe-haven US dollar outperform, especially against its more risk-sensitive G10 peers like the Australian, New Zealand and Canadian dollars. The US Dollar Index (DXY) reversed an …

Fed Chairman Jerome Powell on Thursday said the central bank is committed to raising rates “expeditiously” to bring down inflation. When asked about the topic of inflation at an IMF panel, Powell noted that the Fed is no longer counting on inflation coming back down, as these expectations of supply-side …

Fed Chair Jerome Powell’s remarks on Thursday will be closely monitored and are being flagged as having the potential to reignite the buck’s recent bull run. ECB President Christine Lagarde and BoE Governor Andrew Bailey will both also be speaking, so central bank policy divergence will be an important FX …