Trends - U.S. Federal Reserve - Business Recorder

Markets

Australian shares plunge

SYDNEY: Australian shares posted their biggest drop since September 2020 on Thursday, after the minutes of a U.S....

Published 07 Jan, 2022 06:22am

Markets

Nikkei marks biggest fall in six months after hawkish Fed minutes

TOKYO: Japan’s Nikkei fell the most in six months on Thursday, as investors sold expensive growth stocks after...

Published 07 Jan, 2022 06:22am

Markets

China stocks end lower as hawkish Fed, Covid-19 cases weigh

SHANGHAI: China stocks closed lower on Thursday, tracking a global slump after minutes from the U.S. Federal...

Published 07 Jan, 2022 06:22am

Print

BoE hikes, ECB rolls slow as pandemic exits diverge

LONDON: Britain became the first G7 economy to hike interest rates since the onset of the pandemic on Thursday, with...

Updated 17 Dec, 2021 10:28am

Markets

Most Gulf markets fall

DUBAI: Most stock markets in the Gulf ended lower on Wednesday over Omicron worries and as investors worldwide await...

Published 16 Dec, 2021 04:00am

Markets

Gold anchors near two-week low

LONDON: Gold prices stabilised near a two-week low on Wednesday, as investors await the U.S. Federal Reserve’s...

Published 16 Dec, 2021 04:00am

Business & Finance

Australia, NZ dollars feel the pressure from Fed, viral spread

SYDNEY: The Australian and New Zealand dollars were on the defensive on Wednesday as market waited to see if the ...

Published 16 Dec, 2021 04:00am

Markets

Sterling edges higher versus euro as investors weigh up Omicron risk

LONDON: Sterling strengthened against the euro on Tuesday but stayed within recent ranges as uncertainty around the...

Published 14 Dec, 2021 10:38pm

Business & Finance

US dollar struggles on Omicron concerns; traders eye non-farm payrolls

NEW YORK: The dollar was on the defensive against some major currencies on Thursday, as investors fretted about the...

Published 03 Dec, 2021 04:31am

Markets

Nikkei drops as hawkish Fed bets unsettle investors

TOKYO: Japan’s Nikkei ended lower on Wednesday, as growth-oriented stocks took a beating amid investor concerns...

Published 25 Nov, 2021 03:53am

Markets

Gold rises as inflation unease boosts appeal

NEW YORK: Gold prices bounced on Wednesday as inflation worries pushed investors to the safe-haven metal, unfazed by...

Published 18 Nov, 2021 03:58am

Business & Finance

Dollar hovers near 16-month high with rate expectations in focus

NEW YORK: The U.S. dollar eased off of a fresh 16-month high on Wednesday, while the euro remained on its back foot...

Published 18 Nov, 2021 03:58am

Markets

Oil prices drop as US inventories rise

• U.S. crude stocks rose by 1 mln bbls last week: EIA • Inflation data boosts expectations for Fed action NEW...

Published 11 Nov, 2021 05:20am

World

Russia signals not ready to let Taliban into UN

UNITED NATIONS: No-one is in a hurry to recognize the Taliban as Afghanistan’s government, Russian UN Ambassador...

Published 30 Oct, 2021 04:37am

Print

‘Just give us our money’: Taliban push to unlock Afghan billions abroad

FRANKFURT: Afghanistan’s Taliban government is pressing for the release of billions of dollars of central bank...

Updated 30 Oct, 2021 09:45am

Markets

Tech, healthcare firms drag Hong Kong shares lower

HONGKONG: Hong Kong shares closed lower on Wednesday, dragged down by technology and healthcare firms, while ...

Published 28 Oct, 2021 04:06am

Markets

US MIDDAY: Gold edges down

NEW YORK: Gold prices edged lower in choppy trading on Thursday, pressured by rising U.S. bond yields that countered...

Published 22 Oct, 2021 04:13am

Markets

Dollar attracts safe-haven flows, soars versus yen

NEW YORK: The dollar rose on Monday as surging energy prices prompted investors to seek safe havens, with the...

Updated 12 Oct, 2021 12:49am

Markets

Wall Street ends sharply higher as Big Tech roars back

Wall Street ended sharply higher on Tuesday, as Microsoft and Apple spearheaded a strong rebound in growth stocks ...

Updated 06 Oct, 2021 01:16am

Markets

South Africa's rand stronger as central bank highlights inflation risks

JOHANNESBURG: South Africa's rand gained on Tuesday afternoon as the central bank highlighted inflation risks in a...

Updated 05 Oct, 2021 11:16pm

Business & Finance

Pound hits end-2020 lows as UK fuel fears persist

LONDON: Sterling hit its lowest since end-2020 against the dollar on Wednesday, erasing all its gains for the year ...

Published 30 Sep, 2021 04:15am

Markets

Canadian dollar hits 4-week low as election jitters mount

TORONTO: The Canadian dollar weakened against its U.S. counterpart on Friday as commodity prices fell and investors...

Updated 18 Sep, 2021 01:07am

Markets

Gold resumes retreat on dollar strength with all eyes on Fed

Gold's slight rebound on Friday from a sharp selloff in the previous session lost steam as the dollar gained, ...

Published 17 Sep, 2021 11:23pm

Business & Finance

UAE central bank working to replace interbank rates

DUBAI: The United Arab Emirates central bank is studying ways to replace the local interbank rate, three sources...

Published 17 Sep, 2021 03:52am

Markets

Copper drifts lower as focus turns to US Fed meeting

LONDON: Copper prices eased on Thursday as the market’s focus turned to next week’s U.S. Federal Reserve meeting...

Published 17 Sep, 2021 03:52am

Markets

Gold slips off $1,800 pivot, investors seek direction from Fed

Gold retreated below the key $1,800 level on Wednesday, hit by a bout of technical selling after it failed to hold...

Published 15 Sep, 2021 11:58pm

Markets

U.S. yields dip with eyes on inflation data

NEW YORK: U.S. government bond yields dipped on Monday as traders look ahead to data on Tuesday that is expected to...

Published 14 Sep, 2021 12:54am

Markets

Gold gains as dollar slips, brighter U.S. jobs data checks gains

Gold firmed on Thursday, lifted by a slight retreat in the dollar, but renewed bets that the U.S. Federal Reserve ...

Published 09 Sep, 2021 11:37pm

Markets

Gold hastens retreat as dollar gains upper hand

Gold retreated over 1.5pc on Tuesday and is on course for its biggest intraday drop in a month, as a buoyant dollar...

Published 08 Sep, 2021 12:59am

Business & Finance

Dubai's Meraas plans refinancing of $600m Islamic bonds

DUBAI: Dubai's Meraas Holding, a state-linked property developer, plans to tender its existing US dollar-denominated...

Published 01 Sep, 2021 03:59am