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Gold prices steady after Fed policymakers back rate cuts
GOLD prices held their ground on Tuesday (Sep 24), after hitting an all-time high in the previous session, following comments by US Federal Reserve officials that backed additional interest...
China stimulus hopes rise as PBOC cuts rate, plans briefing
CHINA announced plans for a rare briefing on the economy by three top financial regulators just as it cut one of its short-term policy rates, fuelling speculation authorities are...
Oil edges up following US rate cut move, geopolitical concerns
OIL prices gained slightly during early trade on Monday, boosted by concerns conflict in the Middle East may impact supply in the key producing region and expectations the US interest...
Gold prices hover near record highs on Fed’s aggressive rate stance
GOLD prices hovered near record highs on Monday (Sep 23), as traders embraced the momentum generated by the US Federal Reserve’s bold interest rate cut and signs that further...
RBA set to extend rate pause as housing crisis props up prices
AUSTRALIA’S record household debt was a key factor in the Reserve Bank of Australia’s (RBA) cautious approach to tightening, and now housing is an important consideration in the RBA...
Fed is about to get validation for its jumbo rate cut
THE US Federal Reserve’s preferred price metric and a snapshot of consumer demand are seen corroborating both the central bank’s aggressive interest-rate cut and chair Jerome Powell’s view that...
S-Reits gain 1.7% after Fed’s rate cut
AFTER the recent softening in jobs data and inflation figures, the US Federal Reserve declared its first rate reduction in four years, decreasing the overnight borrowing rate by 50...
Oil ends week higher as investors take stock of Fed rate cuts
Oil prices settled lower on Friday (Sep 20) but recorded a second straight week of gains, garnering support from a US interest rate cut and a dip in US...