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Greenback drops to near 9-month low versus yen amid talk of larger Fed rate cut
THE US dollar fell on Friday (Sep 13) to its lowest level in nearly nine months against the Japanese yen after media reports once again fuelled speculation the Federal...
US: Wall Street advances as traders’ bets rise for bigger Fed rate cut
Wall Street’s main indexes closed higher on Friday (Sep 13) as investors honed in on the chance of a bigger interest rate cut by the Federal Reserve next week,...
US: Wall St opens slightly higher on rising bets of bigger Fed rate cut
Wall Street opened slightly higher on Friday (Sep 12) as investors reevaluated the possibility of a bigger interest rate cut by the Federal Reserve next week.The Dow Jones Industrial...
Indonesia sees growing rate cut bets ahead of meeting next week
An increasing number of economists see a chance that Indonesia’s central bank could lower its policy rate as early as next week, sooner than the fourth quarter timeline that...
Asia: Most markets rise as traders gear up for Fed rate cut
ASIAN markets mostly rose on Friday and the yen sat around nine-month highs after another healthy day on Wall Street as investors gear up for an expected US interest...
Gold hits successive record highs ahead of expected Fed rate cut
Gold rose to a record high, building on a surge of nearly 2 per cent on Thursday, as the dollar extended declines ahead of a widely expected Federal Reserve...
Bank of Korea to consider timing for rate cut while keeping policy tight
THE Bank of Korea (BOK) said it will consider the timing to reduce its benchmark interest rate while keeping its policy restrictive, suggesting its cautious approach remains ahead of...
Over half of Bank of Japan watchers see next rate hike coming in December
JUST over half of Bank of Japan (BOJ) watchers see authorities conducting their next rate hike in December, while none expects a policy move when the board meets next...
