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Gold prices drop on revised rate-cut bets after Fed verdict
GOLD prices fell on Thursday (Jun 13) after traders gauged Federal Reserve officials’ updated interest rate projections, which signalled only one US rate cut this year.Spot gold was down...
French bank stocks drop after snap election called
FRENCH stocks fell on Monday (Jun 10) after President Emmanuel Macron dissolved the country’s lower house of parliament and called new legislative elections following a drubbing for his group...
Euro drop on election risk a taste of more to come, analysts say
DEEPENING political angst in Europe is likely to add fresh pressure on the euro after parliamentary votes saw leaders in France and Germany suffer losses, strategists said. The common...
COE premiums fall across the board; mainstream car category posts largest drop in 2024 to date
PREMIUMS for Certificates of Entitlement (COE) fell for all categories in June’s first round of bidding. Passenger car premiums – Category A and B – led the way with...
Rupiah’s drop to four-year low prompts Bank Indonesia support
The Indonesian rupiah declined to a fresh four-year low as investors unwound the emerging-market (EM) carry trade, prompting a verbal support for the currency from the nation’s central bank.The...
US dollar finds a footing after sharp drop but yen keeps rallying
THE US dollar bounced on Tuesday (Jun 4) after falling to its lowest against the euro, sterling and Swiss franc since mid-March overnight as signs of a softening US...
US dollar regains footing after sharp drop but yen keeps rallying
THE US dollar bounced on Tuesday (Jun 4) after falling to its lowest against the euro, sterling and Swiss franc since mid-March overnight as signs of a softening US...
Indian stocks, rupee drop as early count signals narrow Modi win
Indian stocks slid on Tuesday (Jun 4), erasing gains that had pushed key indexes to record highs, as initial tallies of the national election signalled only a narrow victory...
