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Gold firms on hopes for Fed rate cut in June, softer US dollar
Gold firms on hopes for Fed rate cut in June, softer US dollar
GOLD prices edged higher on Monday (Mar 25) as renewed bets that the US Federal Reserve would begin cutting interest rates in June and a softer US dollar lifted...
US dollar strengthens after big shift in global rate outlook
US dollar strengthens after big shift in global rate outlook
THE US dollar headed towards a second week of gains on Friday (Mar 22), after a slight rate hike in Japan gave the yen a slight reprieve and a...
S-Reits gain on Fed chair Powell reaffirming 3 rate cuts to come this year
S-Reits gain on Fed chair Powell reaffirming 3 rate cuts to come this year
MOST Singapore-listed real estate investment trusts (S-Reits) and property trusts posted gains after the Federal Reserve held its interest rates steady and reaffirmed its projection of three rate cuts...
S-Reits gain on Fed chair Powell reaffirming three rate cuts to come this year
S-Reits gain on Fed chair Powell reaffirming three rate cuts to come this year
MOST Singapore-listed real estate investment trusts (S-Reits) and property trusts posted gains after the Federal Reserve held its interest rates steady and reaffirmed its projection of three rate cuts...
US dollar set for weekly rise after shift in global rate outlook
US dollar set for weekly rise after shift in global rate outlook
THE US dollar headed for a second week of gains on Friday (Mar 22), with a slight rate hike in Japan unable to halt its rise and a surprise...
BOE’s Bailey says rate cuts in play
BOE’s Bailey says rate cuts in play
BANK of England (BOE) governor Andrew Bailey said expectations of interest rate cuts this year were not “unreasonable” and he struck an optimistic tone about the UK economy, the...
Asia: Markets struggle as US data dents Fed rate cut optimism
Asia: Markets struggle as US data dents Fed rate cut optimism
ASIAN markets mostly fell on Friday after data pointing to a still-strong US economy raised fresh concerns about inflation and dampened optimism that the Federal Reserve will slash interest...
US: Wall Street rises as chipmakers rally, Fed bolsters rate cut bets
US: Wall Street rises as chipmakers rally, Fed bolsters rate cut bets
THE tech-laden Nasdaq led Wall Street higher on Thursday (Mar 21) as chip stocks rallied following Micron Technology’s upbeat forecast, while investors took comfort in the Federal Reserve sticking...
Singapore shares rally after US Fed commits to rate cuts
Singapore shares rally after US Fed commits to rate cuts
SINGAPORE shares rallied after the US Federal Reserve overnight made clear its commitment to three rate cuts, putting the flattish performance in the past few days behind them. The...
Taiwan central bank raises benchmark rate in surprise move
Taiwan central bank raises benchmark rate in surprise move
TAIWAN’S central bank surprised markets by raising its policy rate on Thursday (Mar 21), and also lifted its inflation forecast for the year as inflationary pressures persist. The central...