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Australia central bank saw risk of rate rise in 2026 to contain inflation
Australia central bank saw risk of rate rise in 2026 to contain inflation
Core inflation rose to 3.3 per cent in October, taking it further above the RBA’s target band of 2 per cent to 3 per cent [SYDNEY] Australia’s central bank...
US stocks: Nasdaq rallies again while yen falls despite BOJ rate hike
US stocks: Nasdaq rallies again while yen falls despite BOJ rate hike
RESURGENT artificial intelligence shares lifted the Nasdaq on Friday for a second straight session while the yen retreated despite a Bank of Japan interest rate hike.The tech-forward Nasdaq piled...
Thai central bank cuts policy rate by 25 bps, as expected
Thai central bank cuts policy rate by 25 bps, as expected
The reduction is the fifth since October 2024, with rates down by a total of 125 basis points[BANGKOK] Thailand’s central bank cut its key interest rate on Wednesday (Dec...
Wall Street subdued at open as Fed rate cut decision nears
Wall Street subdued at open as Fed rate cut decision nears
[NEW YORK] Wall Street’s main stock indexes were subdued at the open on Tuesday (Dec 9) as investors awaited the Federal Reserve’s policy decision, while Nvidia shares were whipsawed...
Indexes close higher as data keeps Fed rate cut expectations elevated
Indexes close higher as data keeps Fed rate cut expectations elevated
[NEW YORK] US stocks advanced to close higher on Wednesday (Dec 3), as a flurry of economic data kept expectations elevated for an interest rate cut by the Federal...
Asian markets rise as US rate cut bets temper Japan bond unease
Asian markets rise as US rate cut bets temper Japan bond unease
[HONG KONG] Stocks rose on Tuesday (Dec 2) following the previous day’s stutter as more weak US data helped solidify US interest rate cut optimism and tempered nervousness over...
Bank Indonesia seeks rate cuts while balancing stability, growth
Bank Indonesia seeks rate cuts while balancing stability, growth
Tariff worries have made the rupiah South-east Asia’s worst-performing currency this year[JAKARTA] Bank Indonesia (BI) will strike a balance between encouraging currency stability and supporting economic growth, even as...
Europe: Shares close at one-month low on Fed rate cut worries, tech valuations
Europe: Shares close at one-month low on Fed rate cut worries, tech valuations
EUROPEAN shares fell on Tuesday, with those in Germany near a five-month low as a broad risk-off mood gripped global markets, sparked by worries about an overvalued tech sector and...
US: Wall Street opens higher as cool inflation data fuels Fed rate cut bets
US: Wall Street opens higher as cool inflation data fuels Fed rate cut bets
WALL Street opened on solid ground on Friday (Oct 24), as investors welcomed a cooler-than-expected inflation reading, while Intel’s upbeat results offered a boost.At 9.30 am EDT, the Dow...
More ECB rate cuts increasingly unlikely, Wunsch says
More ECB rate cuts increasingly unlikely, Wunsch says
[WASHINGTON] The chances of further interest rate cuts from the European Central Bank (ECB) are declining, given the economy’s resilience and inflation holding around the 2 per cent target,...