Fed

Hong Kong holds rate as Fed sticks to rate cut outlook
Hong Kong holds rate as Fed sticks to rate cut outlook
THE Hong Kong Monetary Authority (HKMA) followed the Federal Reserve in holding its base rate, as United States officials maintained their outlook for three interest-rate cuts this year. The...
Oil slips as investors weigh Fed rate decision
Oil slips as investors weigh Fed rate decision
OIL prices fell on Wednesday as the US Federal Reserve held interest rate steady and demand concerns continue to weigh. Brent crude futures for May settled down US$1.43, or 1.64...
Europe: Luxury stocks pressure equities ahead of Fed verdict
Europe: Luxury stocks pressure equities ahead of Fed verdict
EUROPEAN shares were flat on Wednesday, pressured by a sell-off in luxury stocks and in the absence of big bets by investors ahead of a crucial Federal Reserve meeting later...
US: Muted start for Wall Street as attention turns to Fed
US: Muted start for Wall Street as attention turns to Fed
WALL Street was range bound at open on Wednesday (Mar 20) as investors awaited the conclusion of the Federal Reserve’s meeting, where it is widely expected to keep interest...
Yen close to intervention levels, dollar gains before Fed meet
Yen close to intervention levels, dollar gains before Fed meet
THE greenback edged up while the yen hit a fresh multi-month low versus the US dollar on Wednesday (Mar 20), ahead of a Federal Reserve policy meeting and after...
Gold range-bound as investors brace for Fed decision, Powell speech
Gold range-bound as investors brace for Fed decision, Powell speech
GOLD prices were stuck in a tight range on Wednesday (Mar 20) as investors refrained from making big bets ahead of the US Federal Reserve’s policy decision and remarks...
US: Nasdaq, S&P 500 slide at open as focus shifts to Fed
US: Nasdaq, S&P 500 slide at open as focus shifts to Fed
THE benchmark S&P 500 and the tech-heavy Nasdaq opened lower on Tuesday (Mar 19) as investors shifted their attention to the Federal Reserve’s two-day meeting with focus on economic...
Singapore stocks end flat on Monday ahead of Fed interest rate announcement
Singapore stocks end flat on Monday ahead of Fed interest rate announcement
SINGAPORE’S benchmark Straits Times Index (STI) closed flat on Monday (Mar 18) ahead of the US central bank’s policy decision mid-week. The gauge was down 1.03 points or 0.03...
Asia: Markets mixed as traders eye US data, looming Fed meeting
Asia: Markets mixed as traders eye US data, looming Fed meeting
ASIAN markets were mixed on Thursday after a tepid day on Wall Street, with traders looking forward to a string of US data that could help sway Federal Reserve...
Dollar holds steady after US inflation, Fed rate cut still in sight
Dollar holds steady after US inflation, Fed rate cut still in sight
THE US dollar index held steady on Wednesday (Mar 13) as traders shrugged off hotter-than-expected US inflation and still expected a Federal Reserve interest rate cut in June. The...