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Oil dips on deflated US interest rate cut expectations, Opec+ decision
Oil prices edged down on Friday (Jun 7) and posted a third straight weekly loss as investors weighed Opec+ reassurances against the latest US jobs data that lowered expectations...
Europe: Stocks fall as hot US payrolls flare rate worries
European shares fell on Friday (Jun 7), led by rate-sensitive sectors such as real estate and utilities after a stronger-than-anticipated US jobs report fanned worries that the Federal Reserve...
Analysts anticipate more interest rate cuts with ECB expected to start ‘dialling back’
WHILE the latest interest rate cuts by the European Central Bank (ECB) came largely in line with market expectations, analysts anticipate further reductions in the year ahead. The ECB...
Oil settles higher on hopes Fed will track European Central Bank rate cuts
OIL settled up 2 per cent on Thursday (Jun 6) after the European Central Bank (ECB) opted to cut interest rates, spurring hopes that the Fed will follow suit,...
Europe: Shares close up after ECB delivers first rate cut in five years
EUROPEAN shares closed higher on Thursday (Jun 6), boosted by banking, technology and healthcare stocks, though they finished below session highs after the European Central Bank (ECB) cut lending...
IPOs in Europe set for handy boost from ECB rate cut, BofA says
THE historic interest rate cut by the European Central Bank on Thursday (Jun 6) might be just the boost the regional market for initial public offerings needs to spur...
Steady euro takes ECB rate cut in stride
THE euro wavered in a narrow range on Thursday (Jun 6) after the European Central Bank lowered rates from record highs after months of anticipation, ticking higher then briefly...
Most regional indices boosted by ECB rate cut expectations, but STI ends flat
SINGAPORE equities ended Thursday (Jun 6) largely unchanged, as signs point to the European Central Bank (ECB) cutting interest rates for the first time since 2019.The benchmark Straits Times...