Fed
US: Dow, S&P 500 end at records as market digests Fed rate cut
WALL Street stocks soared to fresh records on Thursday as markets cheered the Federal Reserve’s move to aggressively cut interest rates to protect the labour market.The Dow Jones Industrial Average gained...
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...
US dollar slips after Fed; Sterling, Aussie, Norwegian krone outperform
THE US dollar dropped on Thursday (Sep 19) after the Federal Reserve cut its interest rate by 50 basis points and revised its monetary policy outlook, with sterling, the...
Fed impact on Singapore banks already priced in; dividend yields remain attractive: analysts
They add, however, that the cuts to come would have a negative effect on net interest margins THE US Federal Reserve’s move to cut interest rates by 50 basis...
BofA now expects Fed to go for 75-bp cut in Q4 after bumper rate reduction
BofA Global Research raised its forecast for the Federal Reserve’s anticipated interest rate cuts for the remainder of this year to 75 basis points, after the US central bank...
Tech, real estate sectors in Asian markets to see immediate gains on first Fed rate cut in four years
But the longer-term impact of rate cuts on markets might be minimal given uncertainties around the health of the US economySECTORS in the Asian equity markets which are sensitive...
Asia tech, real estate sectors to see immediate gains on first Fed rate cut in four years
But longer-term impact on markets might be minimal given uncertainties around the US economySECTORS in the Asian equity markets which are sensitive to interest rates, such as technology and...
Gold flat after bumper Fed rate cut
GOLD struggled for momentum on Thursday (Sep 19) as market participants digested Federal Reserve chair Jerome Powell’s comments after the US central bank delivered a super-sized rate cut.Spot gold...
