STOCKS: The benchmark BSE Sensex fell 79.92 points, or 0.14%, to 60,426.99, while the broader NSE index lost 26.7 points, or 0.15%, to 17,737.9. Tata Steel and Hindalco were the biggest losers while Adani Enterprise and Adani Ports were the top winners.
* Powell due to speak at 1700 GMT. * U.S. dollar index down slightly. By Kavya Guduru. Gold prices rose on Tuesday as the dollar pulled back slightly, with traders awaiting U.S. Federal Reserve Chair Jerome Powell's speech later in the day for hints about future rate hikes after last week's strong economic data.
India's Adani group of companies, which in recent weeks has seen a brutal selloff in its bonds and shares after being targetted by a U.S. short-seller, is still eligible for inclusion in JPMorgan's influential bond indexes, the bank said in a note.
India's Adani group of companies, which in recent weeks has seen a brutal selloff in its bonds and shares after being targetted by a U.S. short-seller, is still eligible for inclusion in JPMorgan's (JPM) influential bond indexes, the bank said in a note.
* KOSPI rises, foreigners net sellers. * Korean won weakens against dollar. * South Korea benchmark bond yield rises. Round-up of South Korean financial markets: ** South Korean shares rose on Tuesday after a sharp drop in the previous session, with traders awaiting U.S. Federal Reserve Chair Jerome Powell's speech later in the day for clues about further interest rate hikes.
The dollar hovered near a one-month peak on Tuesday as traders raised their forecasts of U.S. Federal Reserve interest rate levels needed to tame inflation, as a stubbornly resilient labour market remains largely immune to aggressive rate hikes.
Gold prices edged up on Tuesday, helped by a slight pullback in the dollar, with investors eyeing Federal Reserve Chair Jerome Powell's speech later in the day to gauge the U.S. central bank's monetary policy path. FUNDAMENTALS. * Spot gold was 0.2% higher at $1,870.63 per ounce, as of 0046 GMT, after hitting its lowest since Jan. 6 in the previous session.
* Canadian dollar weakens 0.4% against the greenback. * Touches its weakest since Jan. 20 at 1.3475. * Ivey PMI shows economy growing in January. * 10-year yield touches a near 4-week high. By Fergal Smith.
Global equity markets slid and the dollar firmed on Monday after data showing a resilient U.S. jobs market suggested interest rates will stay higher for longer as central banks fight to slow inflation amid relatively strong economic growth.
Benchmark 10-year U.S. Treasury yields hit four-week highs on Monday after Friday's blowout employment number raised expectations that the Federal Reserve's rate hikes will not end with a hard economic landing, and that the U.S. central bank may have more than one more rate increase left.
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