Cuts
New dawn for S-Reits as Fed rate cuts get underway
Investors should not lose sight of the underlying fundamentals of various S-Reits, and the risk of more fundraising and acquisitionsJEROME Powell left almost no doubt on Friday (Aug 23)...
New dawn for S-Reits as Fed cuts get underway
Investors should not lose sight of the underlying fundamentals of various S-Reits, and the risk of more fundraising and acquisitionsJEROME Powell left almost no doubt on Friday (Aug 23)...
Oil climbs over 2% after Fed’s Powell indicates US rate cuts
US light crude oil gained more than 2 per cent a barrel on Friday (Aug 23) after comments by US Federal Reserve chair Jerome Powell indicated the central bank...
Europe: Shares end higher as Fed chair Powell backs September rate cuts
EUROPE’S Stoxx 600 ended near session-highs amidst broad-based gains on Friday (Aug 23), as global markets advanced after Federal Reserve chair Jerome Powell stated that “the time has come”...
Morgan Stanley cuts 2024 oil demand growth outlook on China factors
MORGAN Stanley has lowered its global oil demand growth forecast for 2024, mainly due to China’s slower economic growth, increased electric vehicle usage there, and a rise in the...
Australia’s CBA cuts interest rates on some home loans for new borrowers
It will cut the variable mortgage rate to new borrowers by 25 basis points to 6.89% if such borrowers have a 20% depositCommonwealth Bank of Australia, the country’s biggest...
US Federal Reserve chair expected to signal support for rate cuts
US FEDERAL Reserve chair Jerome Powell is widely expected to use a keynote speech at a major central banking conference on Friday to signal support for cutting interest rates...
Bank of Korea signals rate cuts as inflation, growth slow
SOUTH Korea’s central bank kept interest rates unchanged on Thursday but signalled it was ready to start easing policy as price pressures and growth eased, raising expectations for a...
