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Bets on Canada rate cut hold out hope for lagging banks
Bets on Canada rate cut hold out hope for lagging banks
INVESTORS up and down Toronto’s Bay Street are increasingly betting on a June rate cut in Canada, potentially giving a boost to Canada’s long-suffering bank stocks.The S&P/TSX Banks index...
OUE Reit makes interest rate swap with carbon credits in S million transaction
OUE Reit makes interest rate swap with carbon credits in S$75 million transaction
OUE Real Estate Investment Trust : TS0U 0% (Reit) has completed an interest rate swap with a set of voluntary carbon credits, through a transaction with OCBC, said the...
BOJ signals room for interest rate hikes after price norm shift
BOJ signals room for interest rate hikes after price norm shift
Bank of Japan Governor Kazuo Ueda and his deputy indicated there is scope for gradually raising interest rates now that the nation has shifted away from an inflation norm...
Gold prices hover near two-week low as rate cut bets ease
Gold prices hover near two-week low as rate cut bets ease
GOLD edged up on Monday (May 27) but was hovering near a two-week low hit in the previous session as investors pared expectations of a US interest rate cut...
ECB’s Cipollone, Panetta see conditions for a June rate cut
ECB’s Cipollone, Panetta see conditions for a June rate cut
European Central Bank (ECB) executive board member Piero Cipollone said the time is right for an interest rate cut in June, echoing comments a day earlier from Governing Council...
Europe: Stocks end week lower as rate worries resurface
Europe: Stocks end week lower as rate worries resurface
European stocks ended lower on Friday (May 24) and down for the week, as signs of persistent US price pressures and a recovering euro zone economy cast doubt over...
Oil posts weekly loss as interest rate policy spurs fuel demand worries
Oil posts weekly loss as interest rate policy spurs fuel demand worries
Oil prices rose about 1 per cent on Friday (May 24), but fell for the week on worries that strong US economic data would keep interest rates elevated for...
Greenback holds firm as traders trim US rate cut bets
Greenback holds firm as traders trim US rate cut bets
THE US dollar was set for its largest weekly rise in a month-and-a-half on Friday (May 24) as surprisingly strong US economic data has left markets on edge about...
Asia: Markets fall after US data dent rate cut hopes
Asia: Markets fall after US data dent rate cut hopes
MARKETS fell in Asia on Friday, tracking a sell-off on Wall Street sparked by a string of better-than-expected US data that added to worries the Federal Reserve will hold...
Australian, New Zealand dollars on defensive, markets run away from rate cuts
Australian, New Zealand dollars on defensive, markets run away from rate cuts
THE Australian and New Zealand dollars were ending the week on the defensive on Friday as upbeat economic data lifted their US counterpart, while debt markets further lengthened the...