Fed

STI up 0.5% on optimism around lower Fed rates
STI up 0.5% on optimism around lower Fed rates
May 16, 2024
SINGAPORE’S Straits Times Index (STI) rebounded on Thursday (May 16) in tandem with most regional gauges and Wall Street’s overnight rise. The rally was fuelled by a higher possibility...
Gold prices edge lower as traders eye US data for Fed clues
Gold prices edge lower as traders eye US data for Fed clues
May 15, 2024
GOLD prices inched down on Wednesday (May 15) ahead of a key US inflation data that could offer insight into the Federal Reserve’s interest rate trajectory.Spot gold was down...
Gold edges higher as markets count on Fed rate-cut hopes
Gold edges higher as markets count on Fed rate-cut hopes
May 13, 2024
GOLD prices edged higher on Monday (May 13), as weak US employment figures boosted bets of an interest rate cut from the Federal Reserve.Spot gold was up 0.1 per...
US: Wall St opens higher, focus on comments from Fed officials
US: Wall St opens higher, focus on comments from Fed officials
May 10, 2024
Wall Street’s main indexes opened higher on Friday (May 10) as investors awaited comments from Federal Reserve officials to get more clarity on the US monetary policy path, after...
US banks face climate risk data challenges, Fed analysis shows
US banks face climate risk data challenges, Fed analysis shows
May 9, 2024
US BANKS face significant data and modeling challenges in predicting the impact of climate change on their loan books, the Federal Reserve said on Thursday after its first analysis on the...
Gold prices hold ground as traders eye US Fed cues
Gold prices hold ground as traders eye US Fed cues
May 8, 2024
GOLD prices were steady on Wednesday (May 8), while market participants awaited fresh cues from US Federal Reserve officials for further clarity on the timeline for potential interest rate...
US dollar soft on renewed Fed rate cut bets; yen on back foot
US dollar soft on renewed Fed rate cut bets; yen on back foot
May 6, 2024
THE US dollar was a touch lower on Monday (May 6) as a soft US jobs report on Friday boosted wagers that the Federal Reserve may still cut rates...
Gold dips as US dollar edges higher, investors seek more Fed cues
Gold dips as US dollar edges higher, investors seek more Fed cues
May 6, 2024
GOLD prices eased in early Asian hours on Monday (May 6) as the US dollar ticked up, while traders awaited comments from a series of Federal Reserve officials for...
Emerging-market optimism dashed by Fed as currencies, bonds sink
Emerging-market optimism dashed by Fed as currencies, bonds sink
May 5, 2024
An April rout in emerging-market (EM) bonds and currencies has some former bulls turning negative on the outlook for the asset class.Developing-nation sovereign bonds slid by the most in...
US: Wall St opens higher after Fed leaves interest rates alone
US: Wall St opens higher after Fed leaves interest rates alone
May 2, 2024
Wall Street’s main indexes opened higher on Thursday (May 2), a day after the Federal Reserve left interest rates unchanged and allayed worries around potential rate hikes, with focus...