News stories about "cuts" in India.

Posted on:

Dollar sitting pretty, yen bears wary of BOJ hawks

By Wayne Cole SYDNEY (Reuters) - The dollar was looking to extend its bull run on Monday as lofty Treasury yields and a more restrained outlook for U.S. rate cuts burnished its attractiveness, though Key Points

ThePrint

Asian stocks slide as geopolitical worries sap confidence

By Ankur Banerjee SINGAPORE (Reuters) - Asian stocks fell on Tuesday as investors pondered looming U.S. interest rate cuts and awaited earnings from AI darling Nvidia, while rising tensions in the Key Points

ThePrint

Asian stocks slip as geopolitical fears sap confidence

By Ankur Banerjee SINGAPORE (Reuters) -Asian stocks fell on Tuesday as investors pondered looming U.S. interest rate cuts and awaited earnings from AI darling Nvidia, while rising tensions in the Key Points

ThePrint

Oil eases as Fed caution outweighs talk of OPEC+ cut extensions

BEIJING (Reuters) - Oil prices slipped in early Asian trade on Wednesday as the prospect of a delayed U.S. rate cutting cycle offset the boost provided by talk of extensions to production cuts from Key Points

ThePrint

France unveils 10 billion euro budget cuts as growth slows

France unveils 10 billion euro budget cuts as growth slows. The French government has announced budget cuts of 10 billion euros as it seeks to rein in its budget deficit after growth failed to meet expectations. Key Points

Times Of India

Oil steady as investors weigh US rate cut outlook with Middle East tensions

By Robert Harvey LONDON (Reuters) -Oil prices steadied on Wednesday, stabilising from losses in the previous session, as growing expectations that cuts to U.S. interest rates will take longer than Key Points

ThePrint

Oil falls as US jobs data dents hope for near-term rate cuts

By Laila Kearney NEW YORK (Reuters) -Oil prices fell by about 2% on Friday and were headed for weekly losses after U.S. jobs data shrank the odds of imminent interest rate cuts in the world's largest Key Points

ThePrint

Oil falls as US data spells later not sooner rate cuts

By Natalie Grover LONDON (Reuters) -Oil prices dipped about 2% on Friday after strong U.S. jobs data diminished the odds of interest rate cuts in the short term, setting up both benchmarks for a Key Points

ThePrint

Dollar headed for weekly loss; US job data in focus

By Rae Wee SINGAPORE (Reuters) -The dollar fell broadly on Friday as upbeat big tech earnings on Wall Street boosted investors' appetite for riskier assets, while traders awaited U.S. job data later Key Points

ThePrint

Gold slips as strong US data dampens Fed rate cut bets

By Harshit Verma (Reuters) - Gold prices inched lower on Wednesday as strong U.S. economic data doused hopes for early interest rate cuts by the Federal Reserve, while investors awaited a slew of Key Points

ThePrint

Gold slips as hopes for early Fed rate cuts fade

By Harshit Verma (Reuters) -Gold prices inched lower on Wednesday, as hawkish comments from Federal Reserve officials and strong U.S. data doused hopes for early interest rate cuts, while investors Key Points

ThePrint

Dollar struggles to retain gains, option expiries bump yen up

By Vidya Ranganathan SINGAPORE (Reuters) -The U.S. dollar struggled to keep gains on Monday as looming central bank decisions in Japan and Europe and vacillating market expectations for Fed rate cuts Key Points

ThePrint

Dollar advances as traders weigh rate-cut bets, Red Sea tensions

By Ankur Banerjee SINGAPORE (Reuters) -The dollar rose on Tuesday as investors pared back bets on near-term rate-cuts by the U.S. Federal Reserve following hawkish comments from European Central Bank Key Points

ThePrint

Asia stocks rally ahead of US CPI, Nikkei breaches 35,000

By Ankur Banerjee SINGAPORE (Reuters) - Asian stocks rose on Thursday ahead of U.S. inflation data that could influence the Federal Reserve's thinking on rate cuts, while the crypto world got a boost Key Points

ThePrint

Dollar on pace for first yearly loss since 2020

By Karen Brettell and Samuel Indyk NEW YORK/LONDON (Reuters) - The dollar is set to end 2023 with its first loss since 2020 against the euro and a basket of currencies on expectations the U.S. Federal Key Points

ThePrint

Asia shares at 5-month highs as rate cut bets pile up

By Wayne Cole SYDNEY (Reuters) -Asian shares scaled five-month peaks on Thursday as market wagers on ever-more aggressive rate cuts extended a huge rally in U.S. stocks and bonds, while also leaving Key Points

ThePrint

Asia shares at five-month highs as rate bets pile up

By Wayne Cole SYDNEY (Reuters) - Asian shares touched five-month highs on Thursday as market wagers on ever-more aggressive rate cuts extended a huge rally in U.S. stocks and bonds, but also left Key Points

ThePrint

Dollar holds steady on rate cut expectations

By Brigid Riley TOKYO (Reuters) -The U.S. dollar held steady on Wednesday against a basket of peers as traders weighed the chances that the U.S. Federal Reserve would soon begin cutting interest rates Key Points

ThePrint

Global shares up with Treasury yields; oil rallies on supply worries

By Sinéad Carew NEW YORK (Reuters) -MSCI's global equity index was advancing slightly while oil prices rallied on supply concerns and U.S. Treasury yields rose as investors digested mixed messages Key Points

ThePrint

Asia shares subdued for BOJ meeting, US inflation test

By Wayne Cole SYDNEY (Reuters) -Asia stocks slipped on Monday in a subdued start to a week where Japan's central bank might edge further away from its uber-easy policies, while a key reading on U.S. Key Points

ThePrint

Asia shares slip into BOJ meeting, US inflation test

By Wayne Cole SYDNEY (Reuters) -Asia stocks slipped on Monday in a subdued start to a week where Japan's central bank might edge further away from its uber-easy policies, while a key reading on U.S. Key Points

ThePrint

Asia shares brace for BOJ meeting, US inflation test

By Wayne Cole SYDNEY (Reuters) - Asia stocks got off to a cautious start on Monday in a week where Japan's central bank might edge further away from its uber-easy policies, while a key reading on U.S. Key Points

ThePrint

Dollar feels the heat as Fed's dovish pivot weighs; euro, pound firm

By Ankur Banerjee SINGAPORE (Reuters) - The dollar was set for its steepest weekly drop against major currencies since July, weighed by growing prospects of U.S. rate cuts next year, while the euro Key Points

ThePrint

Asian shares hit three-month peak as Fed pivot rally rolls on

By Stella Qiu SYDNEY (Reuters) - Asian shares hit a three-month peak on Friday as sharp declines in the dollar and U.S. yields extended the Fed-fuelled rally, but pushback on rate cuts from central Key Points

ThePrint

Dollar feels the heat as Fed's dovish pivot weighs

By Ankur Banerjee SINGAPORE (Reuters) - The dollar languished near four-month lows on Friday, weighed by growing prospects of U.S. interest rate cuts next year, while the euro and pound found support Key Points

ThePrint

Oil prices little changed amid OPEC+ cut doubts, Mid-East tension

Beijing (Reuters) -Oil prices were little changed on Tuesday amid uncertainty over voluntary output cuts by OPEC+, continued tension in the Middle East and weak economic data from the U.S. Brent crude Key Points

ThePrint

Asian stocks slide as focus turns to US jobs

By Tom Westbrook SINGAPORE (Reuters) - Asian stocks slipped to three-week lows on Tuesday while bonds and the dollar steadied as investors tempered expectations for cuts to U.S. interest rates and Key Points

ThePrint

Bonds enjoy Fed rate cuts talk

By Tom Wilson and Tom Westbrook LONDON/SINGAPORE (Reuters) - Treasury yields and the dollar hit multi-month lows on Wednesday after a U.S. Federal Reserve official made fresh hints of interest rate Key Points

ThePrint

Oil prices steady in pre-Thanksgiving trade ahead of OPEC+ cuts

By Laura Sanicola and Colleen Howe (Reuters) -Oil prices stayed within a narrow range on Wednesday in quiet pre-U.S. Thanksgiving holiday trading, as the market awaited news on output cuts from the Key Points

ThePrint

Oil climbs over 2% as OPEC seen deepening cuts

International Business News: Oil prices rose over 2% on Monday in anticipation of further supply cuts by OPEC+ following their upcoming meeting. Brent crude settled at $82.32 a ba Key Points

Times Of India

Meta plans new layoffs, likely to match 13% job cut tally from last year: Report

The cuts are expected to be announced next week and non-engineering roles are likely to be hard hit. Some projects and teams are also expected to be shot down. Key Points

mint

WTO DG hails Indian public policy think tank for its four-decade long role in civil society

India's top public policy think tank cuts International has been praised by the Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, for its substantial work in shaping the country's civil society discourse. During a fireside chat that marked the launch of events being organised by cuts to commemorate its 40th anniversary, Okonjo-Iweala discussed various aspects concerning institutional reform, modernisation of the WTO rulebook, and the role of civil society organisations. Key Points

Economic Times

Oil prices steady as demand concerns offset threatened supply cuts

By Scott DiSavino NEW YORK (Reuters) -Oil prices were little changed in volatile trade on Tuesday as a stronger U.S. dollar and demand concerns offset supply worries after Russia said OPEC+ was ready Key Points

ThePrint

Indian economic policy always centred on producer interests: cuts International

CUTS International, a global NGO, celebrated its 40th anniversary with a panel discussion on India's economic progress. The discussion highlighted the transformation of the Indian economy over the past four decades and its future prospects and challenges. The successful G20 Summit, India's commitment to the Global South, and the re-emergence of industrial policy were also discussed. Key Points

Economic Times

Shares hold gains as rate cuts eyed for New Year

By Lawrence Delevingne and Tom Wilson (Reuters) -World shares gained on Thursday as expectations of interest rate cuts stretched a rally in U.S. stocks, while benchmark Treasuries and the dollar held Key Points

ThePrint

India's overnight swap market pricing in rate cuts before 2023 end

Swap rates plummeted after the RBI on Thursday surprised market participants by keeping the repo rate unchanged at 6.50%. Before that, the RBI had delivered six consecutive hikes of an aggregate of 250 bps in fiscal 2023 Key Points

mint

Asia weathers Fed fallout, bonds still banking on rate cuts

By Wayne Cole SYDNEY (Reuters) -Asian shares steadied on Thursday as Chinese stocks eked out rare gains, while investors stuck to bets for sizable cuts in U.S. interest rates this year even if the Key Points

ThePrint

Global shares slip again as rate cut euphoria fades

By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) -Global stock markets extended a New Year slide on Wednesday, while the dollar held firm, as market optimism about early U.S. interest rate cuts Key Points

ThePrint

Dollar up vs yen; stocks gain on rate cut optimism

By Sinéad Carew New York (Reuters) -The U.S. dollar rose against the yen on Tuesday after the Bank of Japan kept rates steady while MSCI's global stock index was gaining ground as investors focused on Key Points

ThePrint

Dollar rises vs yen while stocks gain on rate optimism

By Sinéad Carew New York (Reuters) -The U.S. dollar rose against the yen on Tuesday after the Bank of Japan kept rates steady while MSCI's global stock index was gaining ground as investors focused on Key Points

ThePrint

Bonds bask in talk of Fed interest rate cuts

By Tom Wilson LONDON (Reuters) - Treasury yields and the dollar hit multi-month lows on Wednesday after a U.S. Federal Reserve official made fresh hints of interest rate cuts, while stocks gained Key Points

ThePrint

Amazon announces fresh round of layoffs, to cut 9,000 jobs in coming weeks

Amazon plans to eliminate 9,000 more jobs in the next few weeks, CEO Andy Jassy said in a memo to staff on Monday. The job cuts would mark the second largest round of layoffs in the company's history, adding to the 18,000 employees the company said it would lay off in January. Key Points

mint

Rishi Sunak eyes tax cuts, an autumn election

Having the chance to put it into action may be easier said than done. That is the central scenario among political advisers working for Sunak, who this week finally ruled out holding a snap election on May 2, quelling weeks of speculation that he might call an early vote. While the election date is not decided, the prime minister's aides believe he can leverage falling inflation, expected interest rate cuts and the fiscal headroom likely to accrue by rolling into a new forecast period to announce more pre-ballot giveaways. Key Points

Economic Times

US dollar gains as strong economic data could reduce rate cuts this year

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar advanced on Thursday, boosted by data showing hotter-than-expected producer prices last month and fewer people seeking unemployment Key Points

ThePrint

Oil rises as investors weigh Red Sea attacks, US rate cut outlook

By Mohi Narayan NEW DELHI (Reuters) -Oil prices regained some ground in Asian trade on Wednesday amid concerns over attacks on shipping in the Red Sea and growing expectations that cuts to U.S. Key Points

ThePrint

Gold steadies as traders brace for US economic data

(Reuters) - Gold prices were steady on Wednesday as investors awaited U.S. economic data that could offer more clues on the Federal Reserve's depth and scale of interest rate cuts. FUNDAMENTALS * Spot Key Points

ThePrint

Dollar struggles to retain gains even as March rate cut odds recede

By Vidya Ranganathan SINGAPORE (Reuters) - The U.S. dollar struggled to keep gains in early Asian trade on Monday as looming central bank decisions in Japan and Europe forced a pause in its Key Points

ThePrint

RBI may shift policy stance to neutral by June: Nomura

The core inflation for December came at 3.8 per cent, the note said, adding that the annualized growth of super-core inflation has dipped below 3 per cent by its estimates which is a positive surprise . For January, the headline inflation is likely to cool-off to about 5 per cent, while the core is pegged at 3.5 per cent. Key Points

Economic Times

Wall St loses steam, Treasury yields touch multi-month lows as Fed frenzy wanes

By Stephen Culp and Marc Jones NEW YORK (Reuters) -U.S. stocks lost momentum in afternoon trading on Thursday, backing away from session highs while benchmark Treasury yields dropped to multi-month Key Points

ThePrint

Rupee to see dollar selloff undermined by 'customary' sell orders

By Nimesh Vora MUMBAI (Reuters) - The Indian rupee is expected to be little changed on Friday amid more losses for the U.S. dollar and likely orders to sell the local currency. Non-deliverable Key Points

ThePrint

Wall St ends higher, Treasury yields hit multi-month lows in Fed's wake

By Stephen Culp NEW YORK (Reuters) -U.S. stocks pared earlier gains to close modestly higher on Thursday, while benchmark Treasury yields dropped to multi-month lows after investors rotated out of Key Points

ThePrint

Russia's crude oil flows stay high even as Moscow insists cuts made

Flows are now up by 15% since the first week of April and hit a new high for the period since Bloomberg began tracking them in detail at the start of 2022. With almost all Russia's crude going to China and India, volumes to Asia also climbed to a new peak. More volatile weekly flows edged lower. Key Points

Economic Times