Rate
Gold hovers near record high as traders navigate Fed’s giant rate cut
GOLD prices steadied near record highs on Friday (Sep 20) and were poised for a weekly gain, as markets adjusted to the US Federal Reserve’s recent super-sized interest rate...
Oil prices rise 2% after US rate cut
OIL prices rose by nearly 2 per cent on Thursday after the Federal Reserve’s large cut in US interest rates helped global benchmark Brent crude recover from its lowest in...
Europe: Shares advance as global markets cheer Fed’s outsized rate cut
EUROPEAN stocks jumped on Thursday after the US Federal Reserve delivered a 50-basis-point rate cut and flagged that further easing would be measured, raising hopes of a soft landing for...
US: Dow, S&P 500 end at records as market digests Fed rate cut
WALL Street stocks soared to fresh records on Thursday as markets cheered the Federal Reserve’s move to aggressively cut interest rates to protect the labour market.The Dow Jones Industrial Average gained...
Singapore stocks rise to 2007-level highs, cheered by US rate cut; STI up 1.1%
THE Singapore stock market was buoyant on Thursday (Sep 19) after the US Federal Reserve announced a 50-basis-point cut to the federal funds rate overnight.The Straits Times Index (STI)...
US Federal Reserve rate pivot seen driving outsized gains in Asian assets
ASIAN assets could have better earnings prospects and more room to benefit from easing than their global peers, after the US Federal Reserve’s shift to interest rate cuts. The...
US Federal Reserve rate pivot expected to drive outsized gains in Asian assets
ASIAN assets could have better earnings prospects and more room to benefit from easing than their global peers, after the US Federal Reserve’s shift to interest rate cuts. The...
BofA now expects Fed to go for 75-bp cut in Q4 after bumper rate reduction
BofA Global Research raised its forecast for the Federal Reserve’s anticipated interest rate cuts for the remainder of this year to 75 basis points, after the US central bank...
