Tokyo stocks retreat amid geopolitical, economic uncertainties
Tokyo stocks retreated on Wednesday as investors grappled with heightened uncertainties surrounding US monetary policy and geopolitical tensions between Ukraine and Russia.
Tokyo stocks retreated on Wednesday as investors grappled with heightened uncertainties surrounding US monetary policy and geopolitical tensions between Ukraine and Russia.
India’s central bank faces a critical decision as it navigates the delicate balance between supporting economic growth and maintaining inflation control.
The US Federal Reserve’s recent stance on interest rates has sent ripples of uncertainty through both domestic and international markets.
India's strong growth trend, driven by capex and productivity, implies interest rates could be higher for longer, Morgan Stanley said.
The latest US jobs report has set the stage for a recalibration of expectations at a time each economic indicator carries weighty expectations. The resounding message: uncertainty looms, and the Federal Reserve finds itself at a pivotal crossroads.
The US Federal Reserve may have to hold back interest rate hike for some time now as its 19 months of historic hikes to tamp down on inflation is driving consumer prices high on car loans, housing mortgages are the highest, realty rates unattainable and fuel prices are soaring
The US Federal Reserve has announced another interest hike of three-fourths of a percentage point, the fourth such hike in its continuing efforts to cool the economy and curb inflation.
The central bank Governor cleared the air that another interest rate hike is imminent. The two-day monetary policy meeting in the US will start on September 20.
According to trade analysts, the domestic markets continue to suffer as the Coronavirus pandemic is effecting the global economy deeply.
The US dollar index on Tuesday increased against other major currencies in late trading as investors expect the Federal Reserve…