By Administrator_ India Capital Sands The dollar rose in early European trade Thursday, climbing to levels not seen for around two months after the Federal Reserve surprised markets with a hawkish turn, bringing forward its timetable for raising interest rates to 2023. USD/JPY was up 0.1% at 110.75, just off its recent high of 110.83, a […]
By Administrator_ India Capital Sands European stock markets are seen opening sharply lower Wednesday, following the late selloff on Wall Street overnight amid uncertainties over inflation and future Federal Reserve policy. At 2:05 AM ET (0705 GMT), the DAX futures contract in Germany traded 0.2% lower, CAC 40 futures in France dropped 1.2% and the FTSE 100 futures contract in the […]
By Administrator_India Capital Sands Federal Reserve policymakers are looking at reviving a Great Recession-era promise to keep interest rates low until certain conditions are met, in a bid to deliver a more rapid recovery from the recession triggered by the coronavirus pandemic. The policymakers “generally indicated support” for tying rate-setting policy to specific economic outcomes, […]
