Fed

Ringgit rebound set to ride on recovering exports, Fed rate cuts
Ringgit rebound set to ride on recovering exports, Fed rate cuts
Bank Negara Malaysia says the ringgit has “significant potential to appreciate and be among the top beneficiaries of US rate cuts”The Malaysian ringgit is set to extend gains into...
Ringgit rebound set to ride on recovering exports, Fed rate cuts
Ringgit rebound set to ride on recovering exports, Fed rate cuts
Bank Negara says the Malaysian currency has ‘significant potential to appreciate and be among the top beneficiaries of US rate cuts’The Malaysian ringgit is set to extend gains into...
Fed rate cuts, ‘reverse globalisation’ may spur relatively undervalued Singapore, Asian stocks
Fed rate cuts, ‘reverse globalisation’ may spur relatively undervalued Singapore, Asian stocks
FOMC meeting participants are now projecting only one rate cut this year, while both Biden and Trump want tariffs on imports from ChinaABOUT a year before the pandemic struck,...
Gold edges higher as weak US data lifts Fed rate-cut bets
Gold edges higher as weak US data lifts Fed rate-cut bets
GOLD prices edged higher on Thursday (Jun 20) as lacklustre US economic activity fuelled expectations that the Federal Reserve would cut interest rates this year.Spot gold was up 0.2...
Gold holds ground as traders gauge Fed rate-cut bets
Gold holds ground as traders gauge Fed rate-cut bets
GOLD prices were steady on Wednesday (Jun 19) after softer-than-expected US retail sales data reinforced bets of imminent Federal Reserve rate cuts.Spot gold held its ground at US$2,327.76 per...
US: Stocks slip as markets eye cautious Fed
US: Stocks slip as markets eye cautious Fed
WALL Street’s main indexes opened lower on Friday (Jun 14), with investors pausing after strong rallies on the S&P 500 and the Nasdaq, as they weighed hawkish Federal Reserve...
Hong Kong central bank keeps key rate steady, tracking Fed move
Hong Kong central bank keeps key rate steady, tracking Fed move
THE Hong Kong Monetary Authority (HKMA) left its base rate through the overnight discount window unchanged at 5.75 per cent on Thursday (Jun 13), tracking a move by the...
Philippines rate cut likely after fed, finance chief says
Philippines rate cut likely after fed, finance chief says
THE Philippine central bank will “most probably” lower its key interest rate after the Federal Reserve’s own policy easing, according to Finance Secretary Ralph Recto who sees more than...
Gold prices drop on revised rate-cut bets after Fed verdict
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...
Europe: Shares gain as cool US data bolsters Fed rate cut hopes
Europe: Shares gain as cool US data bolsters Fed rate cut hopes
EUROPEAN shares advanced on Wednesday, with rate-sensitive sectors like real-estate jumping after a cool US inflation reading propped up hopes that the Federal Reserve could kick-off its policy easing cycle...