फेड नीति निर्माताओं ने यह अनुमान लगाना जारी रखा कि फेड फंड की दर में चल रही बढ़ोतरी उचित होगी, और जुलाई में 50 या 75 आधार अंकों की बढ़ोतरी का समर्थन किया
RBI Takes Steps To Liberalise Forex Flows Amid Weakening Rupee
The RBI (Reserve Bank of India) has announced measures to boost forex inflows, amid a weakening rupee. The steps range from liberalising limits and interest rate caps for external borrowings to encouraging debt flows and foreign currency deposits.
Copper Spirals To 19-Month Low As Recession Fears Dominate
Copper fell to its lowest price in 19 months, with metals extending losses as global recession fears continue to damp the demand outlook for commodities.
Bajaj Finance Q1 Update: Core Assets Rise To More Than Rs 2 Lakh Crore
Bajaj Finance Ltd.’s assets under management rose 3.55% sequentially to Rs 2.04 lakh crore in the quarter ended June.
FOMC June Minutes Outlook: FOMC will release the minutes of the June policy meeting on Wednesday, July 6.
FOMC Outlook: The US Dollar Index (DXY), which tracks the greenback’s performance against a basket of six major currencies, surged above 106.00 and reached its highest level in nearly two decades on Tuesday. The widening policy divergence between the US Federal Reserve and other major central banks, especially the European Central Bank, continues to boost the dollar. Additionally, the currency capitalizes on safe-haven flows with investors growing increasingly worried about a global recession.
Aggressive Monetary Policy Continues to Hamper Gold
Gold Forecast, Gold Outlook, Gold price Today: The current macroeconomic landscape is way different now as global central banks reverse prior stimulatory policies in an attempt to calm surging inflation. Higher interest rates reduce gold’s allure as interest bearing investments and other alternatives start to become attractive once more.
Gold Drops On Treasury Yields Rise, Potential U.S. Tariff To Ease Inflation
Gold Outlook: Gold dropped as Treasury yields rose and investors weighed the possible scrapping of some US tariffs on Chinese consumer goods that could help ease inflation.