Rate
Oil settles lower as rate cut hopes moderate, Brent holds near US$90/barrel
OIL prices settled lower on Thursday as sticky inflation dampened hopes for near-term US interest rate cuts, but worries that Iran might attack Israeli interests kept crude near six-month highs.Brent...
Europe: Banks weigh down Stoxx 600 after ECB signals rate cuts
EUROPE’S benchmark stock index fell to a one-month low on Thursday, as banks took a hit after the European Central Bank held rates steady but signalled imminent cuts, while Deutsche Telekom...
US: Wall St opens higher as fresh inflation data allays rate jitters
WALL Street’s main stock indexes opened higher on Thursday (Apr 11) after softer-than-anticipated producer prices data soothed investor fears about sticky inflation, keeping hopes of rate cuts from the...
Singapore stocks fall amid tepid sentiment from firm US inflation rate; STI down 0.3%
SINGAPORE stocks fell on Thursday (Apr 11) as investor sentiment softened overnight after higher-than-expected US inflation rates led investors to push interest rate cut expectations further back. The benchmark...
Thai PM says rate cut would have been right for economy, public ‘suffering’
THAILAND’S economy would have benefited from a cut in key interest rates, Prime Minister Srettha Thavisin said on Thursday (Apr 11) in a response to the Bank of Thailand’s...
Asia: Market tracks Wall Street losses as US data deals blow to rate cut hopes.
ASIAN markets reversed on Thursday (Apr 11) after forecast-topping United States inflation dealt a hefty blow to hopes for a June interest rate cut and forced traders to re-evaluate...
Gold flat as sticky US inflation tempers hopes for early rate cut
GOLD prices were little changed on Thursday (Apr 11), as the US dollar and Treasury yields firmed after hotter-than-expected inflation data tempered hopes for an early interest rate cut.Spot...
ECB to set up June rate cut after rapid inflation fall
THE European Central Bank (ECB) is all but certain to keep borrowing costs at a record high on Thursday (Apr 11) but is likely to signal that a rate...
