Page 2 - Us Fed Rates
Mphasis, Infosys fall up to 6%, Nifty IT 3% ahead of Fed rate cut decision
The fall in IT stocks may also be attributed to a report which says Accenture Plc is planning to push back the bulk of its staff promotions by six months
 "Mphasis, Infosys fall up to 6%, Nifty IT 3% ahead of Fed rate cut decision")
25 or 50: How much will the Fed cut rates to begin its policy easing cycle?
The FOMC meeting is widely expected to see policy rates reduced by 25 or 50 bps, but investors will also be looking at the Fed's commentary to determine the frequency and quantum of future rate cuts
 "25 or 50: How much will the Fed cut rates to begin its policy easing cycle?")
US Fed rate cut: MCX Gold eyes new high; Silver can zoom to Rs 1,00,000
Technical charts suggest that the bias for Gold is likely to remain positive as long as Rs 73,100 holds; while in case of Silver the bullish pivot stands at Rs 89,000.
 "US Fed rate cut: MCX Gold eyes new high; Silver can zoom to Rs 1,00,000")
Rupee to receive boost as chances of significant Fed rate cut rise
The 1-month non-deliverable forward indicated that the rupee will open flat-to-slightly-higher to the US dollar
 "Rupee to receive boost as chances of significant Fed rate cut rise")
India our APAC priority and primary market focus: Bhaskar Laxminarayan
He says that a 25-bp cut with a strong dovish message could be as effective as a 50-bp cut with minimal commentary
 "India our APAC priority and primary market focus: Bhaskar Laxminarayan")
Nomura cuts target prices for Axis Bank, SBI and BoB ahead of Fed meeting
Analysts at Nomura suggested that larger private banks are likely to experience a greater negative impact on their NIMs from the potential US Fed rate cuts compared to mid-sized & smaller banks.
 "Nomura cuts target prices for Axis Bank, SBI and BoB ahead of Fed meeting")
Dollar recovers some losses as traders scale back bets of big Fed rate cut
Focus turned to Wednesday's US inflation report as the next main indicator that could alter market pricing for the Fed's September meeting
 "Dollar recovers some losses as traders scale back bets of big Fed rate cut")
Why stock prices don't always rise when the US Fed cuts interest rates
Of the many forces shaping stock prices, economic growth, corporate profits, and valuation are paramount. These deserve more attention than interest-rate movements alone
 "Why stock prices don't always rise when the US Fed cuts interest rates")
Outlook: MCX Silver can rally to Rs 88,500; focus on US nonfarm payroll
Silver futures had gained 2 per cent in Thursday's trading session amid rise in the US yield.
 "Outlook: MCX Silver can rally to Rs 88,500; focus on US nonfarm payroll")
Already expensive house prices to get modest boost from rate cuts: Poll
Most central banks were expected to start cutting interest rates sometime this year, or have already done so, with the US Federal Reserve predicted to start at its Sept. 17-18 meeting
 "Already expensive house prices to get modest boost from rate cuts: Poll")
Rupee to decline after US data indicates larger Fed rate cut unlikely
The 1-month non-deliverable forward indicated that the rupee will open at 83.90 to the US dollar
 "Rupee to decline after US data indicates larger Fed rate cut unlikely")
Nifty IT up after Fed signals rate cut; HSBC cautions on midcap IT stocks
Nifty IT up 1.77 per cent intraday after US Fed signals rate cut in September. HSBC believes mid-tier IT is not so strong.
 "Nifty IT up after Fed signals rate cut; HSBC cautions on midcap IT stocks")
With Fed rate cut set, Powell to focus on explaining US economic conditions
Powell instead could provide some background for the public and markets to understand how the Fed will respond as the economy evolves
Rupee to inch up, traders await cues from Powell on interest rate cuts
The rupee has been a laggard in Asia, not benefitting from the increased confidence of the Fed cutting rates at each of the remaining three meetings this year
 "Rupee to inch up, traders await cues from Powell on interest rate cuts")
Asian shares turn cautious with US Fed in focus, yen up as BOJ chief speaks
Traders see very little chance that BOJ could hike rates in Oct after recent sell-off, but Ueda said the central bank stood ready to raise rates if economy and prices move in line with its forecast
 "Asian shares turn cautious with US Fed in focus, yen up as BOJ chief speaks")
Here's why Nuvama thinks Mphasis will benefit most from Fed rate cut
On the bourses, Mphasis has rallied 26.7 per cent in the last three months, driven by expectations of interest rate cuts in the US and early signs of recovery in the US-BFS sector.
 "Here's why Nuvama thinks Mphasis will benefit most from Fed rate cut")
Share market today: Gap-up seen on Fed Sept rate cut hope;Jackson Hole eyed
Share market today: Sensex and Nifty are likely to edge higher amid positive global cues. Check out Nifty levels and key triggers for trade
 "Share market today: Gap-up seen on Fed Sept rate cut hope;Jackson Hole eyed")
Markets have started to price in a higher recession probability: Anurag Mittal, UTI MF
Mittal expects the RBI to cut rates up to 75 bps in the next 6-12 months. Given the sticky domestic inflation, he sees BOJ gradually tighten the monetary policy
 "Markets have started to price in a higher recession probability: Anurag Mittal, UTI MF")
Asian shares reach one-month high amid hopes for Fed rate cuts this week
US stock futures similarly rose, with S&P 500 futures last up 0.02 per cent while Nasdaq futures advanced 0.12 per cent
 "Asian shares reach one-month high amid hopes for Fed rate cuts this week")
Nomura eyes three US Fed rate cuts in 2024; RBI likely to go its own way
The brokerage firm in a recent report said that the US Federal Reserve may begin rate cuts as early as next month with a 25 bp cut in September, with following rate cuts in November and December of 25
 "Nomura eyes three US Fed rate cuts in 2024; RBI likely to go its own way")
