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US dollar sags as traders up their bets on jumbo US rate cuts
US dollar sags as traders up their bets on jumbo US rate cuts
THE US dollar touched one-month lows against the yen and was under pressure against other major currencies on Thursday (Sep 5) as growing concern over the US economic outlook...
Thai rate panel backs Bank of Thailand on inflation as government eyes reset
Thai rate panel backs Bank of Thailand on inflation as government eyes reset
THAILAND’S central bank is right in persisting with an inflation target range of 1 to 3 per cent, according to its rate panel, a stance likely to ratchet up...
Thai rate panel backs Bank of Thailand on inflation as government eyes reset
Rate panel backs Bank of Thailand on inflation as government eyes reset
Rate-setters say flexible target range will play crucial role in maintaining medium-term price stabilityTHAILAND’S central bank is right in persisting with an inflation target range of 1 to 3...
ECB cuts to get trickier once key interest rate approaches 3%
ECB cuts to get trickier once key interest rate approaches 3%
DECISIONS at the European Central Bank (ECB) are set to get a lot more contentious once interest rates fall to about 3 per cent and clashes emerge over what’s...
Asia: Markets diverge as China woes offset US rate hopes
Asia: Markets diverge as China woes offset US rate hopes
ASIAN markets were mixed on Monday (Sep 2), with optimism over an expected US interest rate cut offset by worries over the Chinese economy following the release of more...
Australian PM’s approval drops as RBA sees no near-term rate cut
Australian PM’s approval drops as RBA sees no near-term rate cut
AUSTRALIAN Prime Minister Anthony Albanese’s approval rating fell to the lowest level since he took office in 2022 as the central bank signalled it will not join global peers...
Gold flat after data suggests smaller Fed rate cut
Gold flat after data suggests smaller Fed rate cut
GOLD prices were flat on Monday (Sep 2), after falling 1 per cent in the previous session, with US inflation data suggested that the Federal Reserve was more likely...
Speculative traders turn short dollar as Fed rate cuts loom
Speculative traders turn short dollar as Fed rate cuts loom
SPECULATIVE traders turned bearish on the dollar for the first time since February as the Federal Reserve looks set to kick off its easing cycle in September.Hedge funds, asset...
Europe: Shares inch up to record high as inflation data sets stage for ECB rate cut
Europe: Shares inch up to record high as inflation data sets stage for ECB rate cut
EUROPEAN shares rose to an all-time high on Friday (Aug 30), closing a turbulent month on a bright note after a significant drop in euro zone inflation cemented market...
Europe: Shares inch up to record high as inflation data sets stage for ECB rate cut
Europe: Shares inch up to record high as inflation data sets stage for ECB rate cut
EUROPEAN shares rose to an all-time high on Friday (Aug 30), closing a turbulent month on a bright note after a significant drop in euro zone inflation cemented market...