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Asia: Markets track Wall Street records after Powell hints at rate cut
ASIAN stocks on Thursday tagged along with a Wall Street rally that saw another round of record highs as bets on a September interest rate hike surged following comments...
US: S&P 500, Nasdaq rally to records on interest rate cut expectations
WALL Street stocks powered higher on Wednesday with major indices finishing up more than one percent, hitting fresh records amid rising expectations for upcoming interest rate cuts.Both the S&P 500 and...
New Zealand central bank maintains cash rate, signals potential for future easing
NEW Zealand’s central bank held the cash rate steady at 5.5 per cent on Wednesday, but opened the door to monetary policy becoming less restrictive over time should inflation...
US dollar gains as Fed’s Powell cautious on rate cuts
THE US dollar gained on Tuesday (Jul 9) after Federal Reserve chair Jerome Powell acknowledged progress in inflation, but did not give a clear signal that the US central...
US: Nasdaq, S&P 500 hit record highs as payrolls data raises rate cut hopes
WALL Street stock indexes closed firmer on Friday (Jul 5), with the tech-heavy Nasdaq and benchmark S&P 500 hitting record highs, as new data showing US labour market weakness...
Europe: Shares advance on rate optimism; UK election in focus
EUROPEAN shares rose on Thursday amid optimism around US interest rate cuts following soft economic data, while London markets gained as voting began in the UK general election with polls...
Australian dollar hovers near six-month high on US rate outlook
THE Australian dollar stood tall near a six-month high on Thursday, after cracking major resistance levels overnight as soft US economic data fanned hopes of a September rate cut,...
Asia: Stocks extend gains, dollar dips as US data builds on rate hope
ASIAN equities rose and the dollar slipped further on Thursday as investors welcomed more data pointing to a softening labour market that gives the Federal Reserve room to cut...
