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No surprise as Malaysia’s central bank holds key interest rate at 3%
[KUALA LUMPUR] Malaysia’s central bank maintained its benchmark interest rate at 3 per cent on Thursday (May 9), choosing not to follow the recent rate hikes by other South-east...
Swedish central bank lowers key rate, sees two more cuts this year
Sweden’s central bank cut its key interest rate to 3.75 per cent from 4.00 per cent on Wednesday (May 8) as expected, and said it was likely to cut...
US: Wall Street opens slightly higher on rate cut optimism
US stock indexes opened slightly higher on Tuesday (May 7), with the S&P 500 and Nasdaq extending gains for a fourth straight session, buoyed by expectations that the Federal...
Australia’s central bank holds cash rate at 4.35%
AUSTRALIA’S central bank held interest rates steady on Tuesday as expected, while noting inflation was easing more gradually than hoped and it was vigilant to upside risks for price...
Asia: Stocks track another rally on Wall Street as US rate optimism lingers
ASIAN markets built on the latest global rally on Tuesday as optimism that the US Federal Reserve will cut interest rates this year continued to breeze through trading floors.Friday’s...
Gold prices tick higher on US rate cut bets
GOLD prices edged up for a second session on Tuesday (May 7), after recent economic data boosted bets that the Federal Reserve would cut interest rates later this year.Spot...
US dollar soft on renewed Fed rate cut bets; yen on back foot
THE US dollar was a touch lower on Monday (May 6) as a soft US jobs report on Friday boosted wagers that the Federal Reserve may still cut rates...
ECB rate cut case getting stronger, says chief economist Lane
THE case for a European Central Bank interest rate cut in June is getting stronger as services inflation is finally starting to ease, ECB chief economist Philip Lane told...
