Easing
US: Wall St surges at open after Fed kicks off easing cycle
Wall Street’s main indexes jumped at the open on Thursday (Sep 19), with the S&P 500 notching an intraday record high after the Federal Reserve kicked off its easing...
World braces for Fed easing amid 36-hour rate rollercoaster
THE world economy’s tectonic plates will shift this week when a US easing cycle begins, just as officials from Europe to Asia set policy against a backdrop of brittle...
UK pay growth at two-year low keeps BOE on easing path
UK pay growth cooled to a two-year low in the three months through July, another step down in wage pressures that keep the Bank of England on track to...
Indonesia sells longest-ever 40-year bond as easing pivot nears
INDONESIA sold 40-year local-currency bonds for the first time as looming interest-rate cuts boost the allure of longer-tenor debt.The government raised three trillion rupiah (S$252 million) from the sale...
US industry seeks easing of steep Biden-Harris China tariff hikes
THE Biden-Harris administration this week is expected to announce final implementation plans for steep tariff increases on certain Chinese imports, and if US industry gets its way, many of...
Gold edges higher as Fed backs September easing
GOLD prices ticked up on Monday (Aug 26), extending gains from the last session as Federal Reserve chair Jerome Powell’s dovish remarks solidified expectations of an interest rate cut...
US dollar falls after Powell greenlights September easing
THE dollar fell and sterling rose to its highest in more than two years on Friday (Aug 23) after Federal Reserve chair Jerome Powell gave an unambiguous signal that...
Easing inflation bolsters stocks; STI up 0.4%
SINGAPORE shares returned to the black after data released on Friday (Aug 23) showed moderating inflation in July. The Straits Times Index (STI) gained 0.4 per cent or 14.41...
