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Australia holds key rate at 12-year high on inflation worries
AUSTRALIA’S central bank kept interest rates at a 12-year high as it awaits a shift lower in stubbornly sticky inflation before being ready to signal policy easing.The Reserve Bank...
Gold holds steady as investors await US data for more Fed clues
GOLD prices steadied on Monday (Jun 3) as investors looked forward to more US economic data for clues on when the Federal Reserve might start its monetary policy easing...
Greenback holds firm; euro steadies after German inflation data
THE greenback held firm on Wednesday (May 29), boosted by higher US yields, and gained on the Japanese yen as placid markets encouraged investors to resume carry trades, while...
Greenback holds firm; euro steadies after German inflation data
THE greenback held firm on Wednesday (May 29), boosted by higher US yields, and gained on the Japanese yen as placid markets encouraged investors to resume carry trades, while...
Sri Lanka holds rates to manage inflation, foster economic stability
SRI Lanka’s central bank held interest rates steady on Tuesday (May 28) to ensure inflation pressures remain in check as authorities look to foster economic stability and lift growth...
Greenback holds firm as traders trim US rate cut bets
THE US dollar was set for its largest weekly rise in a month-and-a-half on Friday (May 24) as surprisingly strong US economic data has left markets on edge about...
South Korea holds rates, signals tight policy to stay over short term
South Korea’s central bank held interest rates at a 15-year high on Thursday (May 23), and struck a balanced policy tone while reiterating risks around inflationary pressures in the...
Gold prices cool near record peak as dollar holds footing
GOLD prices cooled near a record peak hit in the previous session on Tuesday (May 21) as the dollar held ground, but stayed afloat at the US$2,400 level on...
